UHM Vacation IPO
- Issue price
- ₹166
- Listing price
- ₹132.8
- -20.00%
- Current price
- ₹35.11
- -78.85%
- Subscribed
- 2.29x
- Issue size
- ₹36 Cr
- Listed on
- 11 Jun 2026
IPO timeline
- Opens4 JunThu
- Closes8 JunMon
- Allotment9 JunTue
- Refunds10 JunWed
- Demat credit10 JunWed
- Listing11 JunThu
Issue details
- Price band
- ₹157 – ₹166 per share
- Issue size
- ₹36 Cr
- Fresh issue
- Not available
- Offer for sale
- Not available
- Issue type
- Fresh capital cum OFS
- Face value
- ₹10 per share
- Lot size
- 800 shares
- Minimum investment
- ₹1,32,800
- Listing on
- BSE SME
- Exchange code
- UHMVL.BO · 7757
This issue combines a fresh issue and an offer for sale. The amounts for each part are not available in our data; see the offer document for the split.
Lot size and investment
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹1,32,800 |
| Retail (Max) | 1 | 800 | ₹1,32,800 |
| HNI (Min) | 2 | 1,600 | ₹2,65,600 |
Reservation
- QIB
- 19,200 shares (0.93% of the Offer)
- NII
- 10,08,000 shares (48.95% of the Offer)
- Retail
- 10,32,000 shares (50.12% of the Offer)
Allotment status
The allotment for this IPO is final. Check whether you received shares on the registrar's website using your PAN, application number or demat account (DP / Client ID).
Check allotment on MUFG Intime India- 1Open the registrar's allotment page and select this IPO from the list.
- 2Enter your PAN, application number or DP / Client ID.
- 3Submit to see the number of shares allotted, if any.
- Basis of allotment
- 9 Jun 2026
- Refunds initiated
- 10 Jun 2026
- Shares credited to demat
- 10 Jun 2026
- Listing
- 11 Jun 2026
Grey market premium (GMP)
- Current GMP
- ₹0
- —
- Estimated listing price
- ₹166
- Issue price ₹166
- Kostak rate
- ₹0
GMP is an unofficial indicator from an unregulated market. It is shown for information only and is not a prediction of the listing price or a recommendation to apply.
Subscription status
- QIB1x
- NII (HNI)0.87x
- Retail3.86x
Financials
- P/E Ratio
- 15.36
- EPS (₹)
- 10.81
- RoCE
- 46.01%
- RoNW
- 41.42%
- PAT Margin
- 17.89%
Separate pre- and post-issue P/E are not available for this IPO; the P/E shown is as disclosed for the issue.
| Period ended | 28 Feb 2026 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 43.41 | 39.06 | 19.34 | 3.60 |
| Total Income | 45.29 | 40.20 | 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 and Surplus | 25.15 | 19.86 | 12.62 | 0.87 |
| Total Borrowing | 0.06 | 0.48 | 0.38 |
Peer comparison
| Company | Issue size | P/E | RoNW | PAT margin | Subscribed | Listing gain |
|---|---|---|---|---|---|---|
| UHM Vacation This IPO | ₹36 Cr | 15.36 | 41.42% | 17.89% | 2.29x | -20.00% |
| Vegorama Punjabi Angithi SME · listed 27 May 2026 | ₹38.38 Cr | 10.61 | 80.39% | 8.11% | 32.75x | +53.38% |
| Fly-Hi Maritime Travels SME · listed 8 Sep 2026 | ₹52.63 Cr | 17.17 | 44.08% | 7.59% | 2.07x | -20.00% |
| Pind Hospitality SME · Closed | ₹17.82 Cr | 26.12 | 15.65% | 9.30% | 2.63x | — |
| Silverstorm Parks & Resorts SME · listed 31 Jul 2026 | ₹82.44 Cr | 15.8 | 30.98% | 42.59% | 1.84x | -0.08% |
| Waterways Leisure Tourism Mainboard · listed 1 Jul 2026 | ₹585 Cr | 100.96 | 92.70% | 0.09% | 1.53x | -14.60% |
Peers are other recent IPOs from the same industry, closest in issue size. Ratios are as disclosed at the time of each issue. This is not the listed-peer table from the offer document.
About UHM Vacation
UHM Vacation SME IPO is open for subscription from 4 June 2026 to 8 June 2026. Incorporated in 2009, UHM Vacation Limited operates a B2B travel and tourism platform that offers flight bookings, hotel reservations, holiday packages, cruises, car rentals, visa assistance and other travel-related services through a single technology-driven interface. The company has a strong presence across India and GCC countries, serving travel agents, corporate travel planners and independent agents through its scalable asset-light business model.
Strengths
- Established travel and tourism company with over 15 years of operating history.
- Asset-light business model supports scalability with limited capital requirements.
- Diversified service portfolio including flights, hotels, holidays, cruises and visas.
- Strong B2B network of travel agents across India and overseas markets.
- Technology-driven platform enables efficient booking and customer management.
Risks
- Business is highly dependent on the travel and tourism industry's growth.
- Intense competition from online travel portals and established travel companies.
- Economic slowdowns or geopolitical events can reduce travel demand.
- Dependence on third-party airlines, hotels and travel service providers.
- Changes in visa regulations, travel policies or taxation may impact operations.
Objects of the issue
- To Meet the Capital expenditure₹10.47 Cr
- Funding for Marketing and Promotional Activities₹4.9 Cr
- To Meet Working Capital Requirements₹6.42 Cr
- General Corporate Purposes
Promoters and shareholding
Izhar Ahmad and Rubeena Khatoon I Ahmed
- Shares outstanding, pre-issue
- 97.35
- Shares outstanding, post-issue
- 65.40
Registrar, lead managers and documents
Lead manager
Company contact
C 715, Dattani Plaza, Near E W Ind Est, Safed Pool, Saki Naka, Andheri (East), Mumbai, Maharashtra, 400072
02246079484
cs@uhmvacation.comUHM Vacation IPO: common questions
When does the UHM Vacation IPO open and close?
The UHM Vacation IPO opens on 4 Jun 2026 and closes on 8 Jun 2026.
What is the price band of the UHM Vacation IPO?
The price band is ₹157 – ₹166 per share, with a lot size of 800 shares and a minimum investment of ₹1,32,800.
What is the size of the UHM Vacation IPO?
The issue size is ₹36 Cr (Fresh capital cum OFS).
What is the GMP of the UHM Vacation IPO?
The last reported grey market premium is ₹0 per share as of 10 Jun 2026, 10:44 AM IST. GMP is unofficial and changes frequently.
When is the UHM Vacation IPO allotment?
The basis of allotment is expected on 9 Jun 2026. Allotment status can be checked with the registrar, MUFG Intime India Private Limited.
When will the UHM Vacation IPO list?
The shares listed on 11 Jun 2026 on BSE SME.
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