NewsOrders & DealsRajasthan Global Securities Acquires 6.11% Stake in Luxury Time Ltd Through IPO AllotmentRajasthan Global Securities Acquires 6.11% Stake in Luxury Time Ltd Through IPO Allotment
Rajasthan Global Securities Pvt. Ltd. acquired 5,04,000 shares (6.11% stake) in Luxury Time Ltd. through IPO allotment on December 11, 2025. The acquisition was disclosed under SEBI regulations, with the acquirer having no prior holding in the target company. Luxury Time's equity capital comprises 82,54,898 shares of ₹10 each post-acquisition.
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Rajasthan Global Securities Pvt. Ltd. has made a substantial acquisition disclosure regarding its investment in Luxury Time Ltd., acquiring a significant stake through the company's Initial Public Offering (IPO). The acquisition was completed on December 11, 2025, under SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011.
Acquisition Details
The disclosure reveals that Rajasthan Global Securities acquired 5,04,000 shares of Luxury Time Ltd., representing 6.11% of the company's total voting capital. The acquisition was made entirely through allotment in the IPO, with the acquirer having no previous holding in the target company.
| Parameter | Details |
|---|---|
| Shares Acquired | 5,04,000 |
| Acquisition Percentage | 6.11% |
| Mode of Acquisition | Allotment in IPO |
| Acquisition Date | December 11, 2025 |
| Previous Holding | 0.00% |
Company Capital Structure
Luxury Time Ltd.'s equity share capital structure shows consistency before and after the acquisition, indicating the shares were acquired from the IPO allotment rather than from existing shareholders. The company's capital structure details are as follows:
| Capital Structure | Share Count | Face Value |
|---|---|---|
| Equity Share Capital (Before) | 82,54,828 shares | ₹10 each |
| Equity Share Capital (After) | 82,54,898 shares | ₹10 each |
| Total Diluted Share Capital | 82,54,898 shares | ₹10 each |
Post-Acquisition Holdings
Following the acquisition, Rajasthan Global Securities Pvt. Ltd. holds 6.11% of Luxury Time Ltd.'s total voting capital. The acquirer's holding consists entirely of shares carrying voting rights, with no encumbrances, warrants, or convertible securities involved in the transaction.
Regulatory Compliance
The disclosure was filed under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, demonstrating compliance with regulatory requirements for substantial acquisitions. The filing was completed on December 11, 2025, from New Delhi, ensuring timely disclosure of the material acquisition.
The acquisition represents a strategic investment by Rajasthan Global Securities in Luxury Time Ltd., with the stake acquired through participation in the company's public offering process.
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