IPO details · Updated
UHM Vacation Limited
- Price Band
- ₹157 – ₹166
- Lot Size
- 800 shares
- Min. Investment
- ₹1,32,800
- Issue Size
- ₹36 Cr
- Offer Dates
- 4 Jun – 8 Jun 2026
- Listing
- 11 Jun 2026
Issue Details
- Total Issue Size
- ₹36 Cr
- 21,68,800 shares
- Fresh Issue
- ₹29.03 Cr
- 17,48,800 shares
- Offer for Sale
- ₹6.97 Cr
- 4,20,000 shares
- Face Value
- ₹10 per share
- Issue Type
- Book-built IPO
- Listing At
- BSE SME
- Shares Pre-Issue
- 48,96,236
- Shares Post-Issue
- 66,45,036
IPO Timeline
Offer opens
4 Jun 2026
Offer closes
8 Jun 2026
Allotment
9 Jun 2026
Listing
11 Jun 2026
Issue Allocation
Share of the offer reserved for each investor category
- QIB0.9%19,200 shares
- HNI46.5%10,08,000 shares
- Retail47.6%10,32,000 shares
- MarketMaker5.1%1,10,400 shares
Subscription Status
Times subscribed by investor category
| Category | Offered | Bids | Subscribed |
|---|---|---|---|
| QIB | 19,200 | 19,200 | 1.00x |
| NII | 10,08,000 | 8,66,880 | 0.86x |
| Retail | 10,32,000 | 39,83,520 | 3.86x |
| Total | 20,59,200 | 48,69,600 | 2.36x |
Lot Size & Investment
1 lot = 800 shares
Retail (min)
2 lots · 1,600 shares
Retail (max)
2 lots · 1,600 shares
S-HNI (min)
3 lots · 2,400 shares
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 2 | 1,600 | ₹2,65,600 |
| Small HNI (S-HNI) | 3 | 2,400 | ₹3,98,400 |
| Big HNI (B-HNI) | 8 | 6,400 | ₹10,62,400 |
Financial Performance
Restated figures in ₹ crore, unless stated otherwise
| Period | Feb-26 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| Assets | 43.41 | 39.06 | 19.34 | 3.6 |
| Total Income | 45.29 | 40.2 | 30.66 | 20.49 |
| Profit After Tax | 8.05 | 7.18 | 5.27 | 0.11 |
| EBITDA | 9.19 | 8.26 | 5.87 | 0.18 |
| Net Worth | 30.05 | 20.96 | 13.72 | 0.98 |
| Reserves & Surplus | 25.15 | 19.86 | 12.62 | 0.87 |
| Total Borrowing | 0.06 | 0.48 | 0.38 | — |
Key Performance Indicators
| Period | Feb-26 | Mar-25 |
|---|---|---|
| ROE (%) | 31.56 | 41.42 |
| ROCE (%) | 35.14 | 46.01 |
| EPS (₹) | — | 14.67 |
| P/E (pre-issue) | — | 11.32 |
| P/E (post-issue) | — | 15.36 |
Peer Comparison
Listed companies in the same business
| Company | P/E | ROE |
|---|---|---|
| LGT Business Connextions Ltd. | 7.13 | 52.99% |
| Helloji Holidays Ltd. | 14.53 | 50.78% |
| International Travel House Ltd. | 9.86 | 17.64% |
About UHM Vacation Limited
Incorporated in 2009, UHM Vacation Ltd is a B2B travel and tourism aggregator that offers a wide range of travel services through a single technology platform. The company sources travel services, including airline tickets, hotel accommodations, cruises, car rentals, visa assistance, transfers, tours, and holiday packages, from various service providers, either through direct integrations or third-party aggregators. These services are made available to travel agencies, corporate travel managers, and independent travel agents, enabling them to search, compare, and book travel solutions efficiently from one platform. Its proprietary technology platform connects travel service providers (“Suppliers”) with travel buyers (“Agents”) through a single, unified interface. Agents use the platform to search, compare, and book travel services efficiently while Suppliers can upload and manage their inventory, pricing, and availability in real time, without needing to build direct relationships with each agent. The company has presence in India and Gulf Cooperation Council (“GCC”) countries through a network of registered agents. As on March 31, 2026, the company have 20 employees. Competitive Strengths Comprehensive Service Offering Convenient and User-Friendly Platform International Market Access Scalable Business Model Experienced management team with proven project management and implementation skills
Objects of the Issue
- To Meet the Capital Expenditure (₹10.47 Cr)
- Funding for Marketing and Promotional Activities (₹4.90 Cr)
- To meet working capital requirements (₹6.42 Cr)
- General Corporate Purposes (₹3.45 Cr)
- Issue expenses (₹4.70 Cr)
Promoters
- Izhar Ahmad
- Rubeena Khatoon I Ahmed
Company Information
- Book running lead managers
- Sobhagya Capital Options Pvt.Ltd.
- Registered office
- C 715, Dattani Plaza, Near E W Ind Est, Safed Pool, Saki Naka, Andheri (East), Mumbai, Maharashtra, 400072
- Market maker
- Giriraj Stock Broking Pvt.Ltd.
Official Documents
Opens the source filing in a new tab
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Disclaimer: Data on OpenIPO is for information only and is not investment advice. OpenIPO is not a SEBI-registered entity. GMP figures are unofficial estimates and may change. Verify all details against the company RHP and the official registrar before investing.