Bookbuilding IPO | ₹36 Cr | Listed at BSE SME | Thu, Jun 4, 2026 - Mon, Jun 8, 2026

UHM Vacation IPO is a book build issue of ₹36.00 crores. The issue is a combination of fresh issue of 0.17 crore shares aggregating to ₹29.03 crores and offer for sale of 0.04 crore shares aggregating to ₹6.97 crores.
UHM Vacation IPO bidding started from Jun 4, 2026 and ended on Jun 8, 2026. The allotment for UHM Vacation IPO was finalized on Jun 9, 2026. The shares got listed on the BSE SME on Jun 11, 2026.
UHM Vacation IPO is set final issue price at ₹166 per share. The lot size for an application is 800 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,65,600 (1,600 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (2,400 shares), amounting to ₹3,98,400.
Sobhagya Capital Options Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Giriraj Stock Broking Pvt.Ltd.
Refer to UHM Vacation IPO RHP for detailed Information.
IPO Open
Thu, Jun 4, 2026
IPO Close
Mon, Jun 8, 2026
Issue Price
₹166 per share
Market Cap (Pre-IPO)
₹110.32 Cr
| IPO Date | 4 to 8 Jun, 2026 |
| Listed on | Thu, Jun 11, 2026 |
| Face Value | ₹10 per share |
| Price Band | ₹157 to ₹166 |
| Issue Price | ₹166 per share |
| Lot Size | 800 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 21,68,800 shares (agg. up to ₹36 Cr) |
| Reserved for Market Maker | 1,10,400 shares Giriraj Stock Broking Pvt.Ltd. (agg. up to ₹2 Cr) |
| Fresh Issue (Ex Market Maker) | 16,38,400 shares (agg. up to ₹27 Cr) |
| Offer for Sale | 4,20,000 shares of ₹10 (agg. up to ₹7 Cr) |
| Net Offered to Public | 20,58,400 shares (agg. up to ₹34 Cr) |
| Share Holding Pre Issue | 48,96,236 shares |
| Share Holding Post Issue | 66,45,036 shares |
| BSE Script Code | 544779 |
| ISIN | INE0YZ901011 |
UHM Vacation IPO comprises a total issue size of 21,69,600 shares. The net offer to the public is 20,59,200 shares, after excluding 1,10,400 shares allotted on a firm basis. Of the Net offer 19,200 (0.93%) are allocated to QIB, 10,08,000 (48.95%) allocated to NII 10,32,000 (50.12%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 19,200 | 0.93% | 0.88% |
| NII (HNI) Shares Offered | 10,08,000 | 48.95% | 46.46% |
| − bNII > ₹10L | 6,72,000 | 30.97% | |
| − sNII < ₹10L | 3,36,000 | 15.49% | |
| Retail Shares Offered | 10,32,000 | 50.12% | 47.57% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,10,400 | 5.09% | |
| Total Shares Offered | 21,69,600 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,600 shares and in multiples of 800 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 1,600 | ₹2,65,600 |
| Individual investors (IND) (Max) | 2 | 1,600 | ₹2,65,600 |
| S-HNI (Min) | 3 | 2,400 | ₹3,98,400 |
| S-HNI (Max) | 7 | 5,600 | ₹9,29,600 |
| B-HNI (Min) | 8 | 6,400 | ₹10,62,400 |
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
| 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 | |
| Amount in ₹ Crore | ||||
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Western Overseas Study Abroad Ltd. | SME | ₹10.07 Cr | ₹56 | 10.67 | ₹52.16 | -6.86% | ₹19.25 (+1.32%) |
| Helloji Holidays Ltd. | SME | ₹10.97 Cr | ₹118 | 14.07 | ₹123.90 | +5.00% | ₹111.00 (+2.45%) |
| LGT Business Connextions Ltd. | SME | ₹28.09 Cr | ₹107 | 14.38 | ₹81.35 | -23.97% | ₹43.52 (+4.99%) |
| TSC India Ltd. | SME | ₹25.89 Cr | ₹70 | 15.44 | ₹71.40 | +2.00% | ₹29.70 (+9.19%) |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Meet the Capital Expenditure | 10.47 |
| 2 | Funding for Marketing and Promotional Activities | 4.90 |
| 3 | To meet working capital requirements | 6.42 |
| 4 | General Corporate Purposes | 3.45 |
| 5 | Issue expenses | 4.70 |
| Total | 29.94 |
| KPI | Feb 28, 2026 | Mar 31, 2025 |
|---|---|---|
| ROE | 31.56% | 41.42% |
| ROCE | 35.14% | 46.01% |
| Debt/Equity | 0.00 | 0.02 |
| RoNW | 31.56% | 41.42% |
| PAT Margin | 17.80% | 17.89% |
| EBITDA Margin | 20.32% | 20.56% |
| Price to Book Value | 2.70 | 3.85 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 14.67 | 10.81 |
| P/E (x) | 11.32 | 15.36 |
| Promoter Holding | 97.35% | 65.40% |
| Market Cap | ₹110.32 Cr. |
The UHM Vacation IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Applications |
|---|---|---|---|---|
| Total | 2.14 | 20,59,200 | 44,00,800 | 2,570 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Manager’s fees | 0.30 |
| 2 | Selling, Marketing and Underwriting Fees | 3.85 |
| 3 | Fees payable to Market Maker to the Offer | 0.04 |
| 4 | Fees payable to Registrar to the Offer | 0.02 |
| 5 | Fees payable for Advertising, publication, investor relations, public relations and other issue-related marketing expenses. | 0.15 |
| 6 | Fees payable to Regulators including Stock Exchanges & Depositories | 0.10 |
| 7 | Payment for Printing & Stationery, Postage, etc. | 0.04 |
| 8 | Fees payable to Statutory Auditor, Legal Advisors and other Professionals | 0.15 |
| 9 | Others | 0.05 |
| Total | 4.70 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹166.00 |
| Open | ₹132.80 |
| Low | ₹126.20 |
| High | ₹132.80 |
| Last Trade | ₹126.20 |
Lead Manager Reports
UHM Vacation IPO is a SME IPO of 21,68,800 equity shares of the face value of ₹10 aggregating up to ₹36 Crores. The issue is priced at ₹166 per share. The minimum order quantity is 800.
The IPO opens on Thu, Jun 4, 2026, and closes on Mon, Jun 8, 2026.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in UHM Vacation IPO using UPI as a payment gateway. Zerodha customers can apply in UHM Vacation IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in UHM Vacation IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The UHM Vacation IPO opens on Thu, Jun 4, 2026 and closes on Mon, Jun 8, 2026.
UHM Vacation IPO lot size is 800, and the minimum amount required for application is ₹2,65,600, with 2 lots being the minimum application size.
You can apply in UHM Vacation IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for UHM Vacation IPO will be done on Tuesday, June 9, 2026, and the allotted shares will be credited to your demat account by Wed, Jun 10, 2026. Check the UHM Vacation IPO allotment status.
The UHM Vacation IPO listing date is on Thu, Jun 11, 2026.