UHM Vacation IPO Details

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

UHM Vacation IPO Logo

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 Details

IPO Date4 to 8 Jun, 2026
Listed onThu, Jun 11, 2026
Face Value10 per share
Price Band₹157 to ₹166
Issue Price₹166 per share
Lot Size800 Shares
Sale TypeFresh capital cum OFS
Issue TypeBookbuilding IPO
Listing AtBSE SME

Total Issue Size21,68,800 shares
(agg. up to ₹36 Cr)
Reserved for Market Maker
1,10,400 shares
(agg. up to ₹2 Cr)
Giriraj Stock Broking Pvt.Ltd.
Fresh Issue
(Ex Market Maker)
16,38,400 shares
(agg. up to ₹27 Cr)
Offer for Sale4,20,000 shares of ₹10
(agg. up to ₹7 Cr)
Net Offered to Public20,58,400 shares
(agg. up to ₹34 Cr)
Share Holding Pre Issue48,96,236 shares
Share Holding Post Issue66,45,036 shares
BSE Script Code 544779
ISININE0YZ901011

IPO Timetable

Issue Reservation

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 19,2000.93%0.88%
NII (HNI) Shares Offered 10,08,00048.95%46.46%
  − bNII > ₹10L 6,72,00030.97%
  − sNII < ₹10L 3,36,00015.49%
Retail Shares Offered 10,32,00050.12%47.57%
Firm Reservations
Market Maker Shares Offered 1,10,4005.09%
Total Shares Offered 21,69,600100.00%100.00%

IPO Lot Size

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
IPO Subscription Details

About UHM Vacation Ltd.

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

Company Financials (Restated)

Period Ended28 Feb 202631 Mar 202531 Mar 202431 Mar 2023
Assets43.4139.0619.343.60
Total Income45.2940.2030.6620.49
Profit After Tax8.057.185.270.11
EBITDA9.198.265.870.18
NET Worth30.0520.9613.720.98
Reserves and Surplus25.1519.8612.620.87
Total Borrowing0.060.480.38
Amount in ₹ Crore

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LGT Business Connextions Ltd. SME ₹28.09 Cr ₹107 14.38 ₹81.35 -23.97% ₹43.52 (+4.99%)
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IPO Objects of the Issue

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

Key Performance Indicator (KPI)

KPIFeb 28, 2026Mar 31, 2025
ROE31.56%41.42%
ROCE35.14%46.01%
Debt/Equity0.000.02
RoNW31.56%41.42%
PAT Margin17.80%17.89%
EBITDA Margin20.32%20.56%
Price to Book Value2.703.85
Pre IPOPost IPO
EPS (₹)14.6710.81
P/E (x)11.3215.36
Promoter Holding97.35%65.40%
Market Cap110.32 Cr.
Izhar Ahmad and Rubeena Khatoon I Ahmed
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2025 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2025 available in RHP.

IPO Review

[Dilip Davda]
UVL is engaged in the business of travel and tourism aggregator services, offering all related services under one roof. The company is operating in a highly competitive and fragmented segment, this can impact its super margins going forward. The company posted growth in its top and bottom lines for the reported periods. Based on its recent financial data, the issue appears aggressively priced. Tiny post-IPO paid up equity capital indicates longer gestation for migration. There is no harm in skipping this pricey and dicey offer.
Read detail review...

UHM Vacation IPO Recommendations

Review BySubscribeMay ApplyNeutralAvoid
Brokers0100
Members0000

UHM Vacation IPO IPO Subscription Status (Bidding Detail)

The UHM Vacation IPO IPO subscription status. Full data available on IPOMatrix.com.

Category Subscription (times) Shares Offered Shares bid for Total Applications
🔒 Preview Limited

Full data is available exclusively on IPOMatrix.com — your premium IPO research platform.

Total 2.14 20,59,200 44,00,800 2,570

IPO Expenses

# 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

Listing Day Trading Information

Price DetailsBSE SME
Final Issue Price166.00
Open132.80
Low126.20
High132.80
Last Trade126.20

Check IPO Performance…

IPO Registrar

MUFG Intime India Pvt.Ltd.

Contact Details

UHM Vacation Ltd. Address
C 715, Dattani Plaza, Near E W Ind Est, Safed Pool
Saki Naka, Andheri (East)
Mumbai, Maharashtra, 400072
Open an Instant Account with Zerodha

IPO FAQs

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

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'UHM Vacation IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

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.

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