Description

Luxury Time Limited has allocated 6,17,600 equity shares to anchor investors at Rs. 82 per share prior to its public issue.

Summary

Luxury Time Limited has finalized the allocation of 6,17,600 equity shares to anchor investors at an allocation price of Rs. 82 per equity share (face value Rs. 10, premium Rs. 72) on December 03, 2025. The allocation was approved by the Board of Directors in consultation with the Book Running Lead Managers.

Key Points

  • Total equity shares allocated to anchor investors: 6,17,600 shares
  • Anchor investor allocation price: Rs. 82 per equity share
  • Face value: Rs. 10 per share
  • Share premium: Rs. 72 per share
  • Three anchor investors participated in the allocation
  • No mutual fund schemes participated in the anchor investor portion
  • If final offer price exceeds Rs. 82, anchor investors must pay the differential amount

Anchor Investor Details

Allocation Breakdown:

  1. Viney Growth Fund - 1,23,200 shares (19.95%)
  2. Rajasthan Global Securities Private Limited - 1,23,200 shares (19.95%)
  3. LRSD Securities Pvt Ltd - 3,71,200 shares (60.10%)

Mutual Fund Participation:

  • No mutual fund schemes applied for or received allocation in the anchor investor portion

Regulatory Framework

  • The allocation follows the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirement) Regulations, 2018, as amended
  • Anchor investors are required to pay any price differential if the final offer price discovered through book building is higher than Rs. 82
  • Payment of differential amount must be made by the pay-in date specified in the revised CAN (Confirmation of Allocation Note)

Important Dates

  • Anchor Investor Allocation Date: December 03, 2025
  • Board Meeting Date: December 03, 2025

Compliance Requirements

  • Anchor investors must monitor the final offer price determination through the book building process
  • If the final offer price exceeds Rs. 82 per share, anchor investors must pay the differential amount by the specified pay-in date
  • Information disclosed on BSE website for public transparency

Impact Assessment

This anchor allocation represents the pre-IPO stage of Luxury Time Limited’s public issue. The participation of three investors in the anchor portion provides some indication of institutional interest in the company. The allocation of approximately 60% to a single investor (LRSD Securities) shows concentrated interest. The absence of mutual fund participation may indicate limited institutional appetite or the nature/size of the offering. The final pricing and overall subscription will determine the success of the public issue.

Impact Justification

Disclosure of anchor investor allocation for an upcoming IPO. Important for issue tracking but limited immediate market impact as the company is not yet listed.