Our Company was originally incorporated as "Luxury Time Private Limited" a private limited company under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated August 22, 2008 issued by Registrar of Companies, Delhi & Haryana. Further, our Company was converted from a private limited company to public limited company pursuant to special resolution passed in the Extra-Ordinary General Meeting of the company dated January 13, 2025 and consequently, the name of our Company was changed from "Luxury Time Private Limited" to "Luxury Time Limited" and a fresh certificate of incorporation dated February 24, 2025 was issued to our Company by the Registrar of Companies, Central Registration Centre. The Corporate Identification Number of our Company is U74900DL2008PLC182377.
Major Events/Milestones/Awards/Recognitions: 2008-2010 - Partnered with luxury brands for marketing and on-ground retail operations.
2014 - Strengthened offerings with the addition of Zenith Watches.
2017 - Launched After-Sales Service Operations.
2019 - Formed a JV (50:50) with India Luxury Retail Company and launched Hublot Boutiques in Mumbai and Bengaluru.
2020 - Closed underperforming boutiques and reduced distribution footprint. Successfully brought old stock inventory below acceptable limits.
2024 - Increased ASP from ~?1.75L to ~?3.00L per unit and strengthened brand presence. - Began offering Marketing and PR services for luxury jewellery watch brand Chopard. - Ventured into Machine Tools Distribution for brands Bergeon and Horotec in 2024.
2025 - Expanded our Service Centre presence to Mumbai from Delhi
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