As advised I am sending the watch back because it is not working at all.
After winding the watch and adjusting the time it stopped working approximately after 10 mins. The next day the watch was winded again (by swinging it for few minutes) and the same happened i.e. it stop working after few minutes. 
Please note that the watch was not subjected to any misuse, fouls/hits or any other kind of trauma from our side. 
