Indian Markets
UHM Vacation

UHM Vacation IPO

Bookbuilding IPO | ₹36.00 Cr | Listing at BSE SME

Upcoming
IPO Open

Thu, Jun 04, 2026

IPO Close

Mon, Jun 08, 2026

Price Band

₹157.00 to ₹166.00

Market Cap (Pre-IPO)

-

IPO Details
IPO Date Jun 04, 2026 to Jun 08, 2026
Listing Date Tentative: Jun 11, 2026
Face Value ₹10.00 per share
Price Band ₹157.00 to ₹166.00
Lot Size 800 Shares (Minimum: ₹132,800.00)
Sale Type Offer For Sale + Fresh Issue
Issue Type Bookbuilding IPO
Listing At BSE SME
Issue Size ₹36.00 Crores
Total Shares Offered 2,169,600 shares
Fresh Issue 1,639,200 shares
Offer For Sale 420,000 shares
UHM Vacation IPO Reservation
Investor Category Shares Offered
QIB Shares Offered Not more than 0.2% of the Net Offer
Retail Shares Offered Not less than 49% of the Net Issue
NII Shares Offered Not less than 49% of the Net Issue
UHM Vacation IPO Lot Size

Investors can bid for a minimum of 1,600 shares and in multiples of 800 shares thereof. 

Application Lots Shares Amount
Retail (Min) 2 1,600 ₹265,600
Retail (Max) 2 1,600 ₹265,600
S-HNI (Min) 3 2,400 ₹398,400
S-HNI (Max) 7 5,600 ₹929,600
B-HNI (Min) 8 6,400 ₹1,062,400
UHM Vacation Financial Information (Restated Consolidated)
Period Ended 30 Jun 2025 31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets 41.72 39.06 19.34 3.60
Total Income 10.96 40.20 30.66 20.49
Profit After Tax 1.79 7.18 5.27 0.11
EBITDA 2.07 8.26 5.87 0.18
NET Worth 22.98 20.96 13.72 0.98
Reserves and Surplus 21.87 19.86 12.62 0.87
Total Borrowing 0.53 0.48 0.38 -

Amount in ₹ Cr

Key Performance Indicators
As of Monday, March 31, 2025
KPI Values
ROE (Return on Equity) 41.42%
ROCE (Return on Capital Employed) 46.01%
Debt/Equity 0.02
RoNW (Return on Net Worth) 41.42%
PAT Margin (Profit After Tax Margin) 17.89%
EBITDA Margin 20.56%
Pre IPO Post IPO
EPS Rs 97.35 65.40
Company Promoters
  • Izhar Ahmad and Rubeena Khatoon I Ahmed are the company promoters.
Company Overview

UHM Vacation – Company Overview

  • Incorporated in 2009, UHM Vacation Ltd is a B2B travel and tourism aggregator offering travel services through a single technology platform.
  • The company connects travel service providers and travel agents through its proprietary platform, enabling agents to search, compare, and book travel services from a single interface.
  • Its platform allows suppliers to manage inventory, pricing, and availability in real time, improving efficiency across the travel booking ecosystem.
  • The company serves travel agencies, corporate travel managers, and independent travel agents across India and GCC countries.
  • UHM Vacation follows an asset-light, technology-driven business model, offering a wide range of travel solutions without owning travel inventory.
  • The company has established its presence in India and Gulf Cooperation Council (GCC) countries through a network of registered agents.
Company 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
Use of Proceeds
1)To Meet the Capital expenditure10.47
2)Funding for Marketing and Promotional Activities4.90
3)To Meet Working Capital Requirements6.42
4)General Corporate Purposes 
Objectives

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

UHM Vacation IPO Peer Comparison
UHM Vacation peer comparison with similar listed entities. (As on March 31, 2025)
Company Name EPS (Basic) EPS (Diluted) NAV (per share) (Rs) P/E (x) RoNW (%) P/BV Ratio Financial statements
UHM Vacation Ltd. 14.67 14.67 43.08 11.32 41.42 - -
LGT Business Connextions Ltd. 7.44 7.44 17.76 7.13 52.99 - -
Helloji Holidays Ltd. 8.60 8.60 25.67 14.53 50.78 - -
International Travel House Ltd. 33.96 33.96 206.83 9.86 17.64 - -
Quick Info
Sector Travel and Tourism
Exchange BSE SME
Important Dates
IPO Open Jun 04, 2026
IPO Close Jun 08, 2026
Allotment Date Jun 09, 2026
Credit to Demat Jun 10, 2026
Listing Date Tentative: Jun 11, 2026
Lead Manager(s)

Sobhagya Capital Options Pvt.Ltd.

Description
  • IPO Type: Book build issue aggregating to ₹36.02 crores.
  • Fresh Issue: 0.17 crore shares aggregating to ₹29.04 crores
  • Offer for Sale (OFS): 0.04 crore shares aggregating to ₹6.97 crores
  • IPO Dates: The issue opens on June 4, 2026 and closes on June 8, 2026.
  • Allotment Date: Expected to be finalized on June 9, 2026.
  • Listing Details: Shares are proposed to be listed on the SME platform of BSE Limited (BSE SME) with a tentative listing date of June 11, 2026.
  • IPO Price Band: ₹157 to ₹166 per equity share.
  • Lot Size: 800 shares per lot.
  • Retail Investment Requirement: Minimum 2 lots (1,600 shares) amounting to approximately ₹2,65,600 (at the upper price band).
  • HNI Investment Requirement: Minimum 3 lots (2,400 shares) totaling around ₹3,98,400.
  • This IPO provides investors exposure to the travel, hospitality, and vacation services industry, subject to market risks.

 

 

 

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