UHM Vacation Limited
Bookbuilding IPO · BSE
- Price band
- ₹157 - ₹166
- Lot size
- 800 shares
- Issue amount
- ₹36.02 cr
- Total subscription
- 2.42×
- Opens
- 4 Jun 2026
- Closes
- 8 Jun 2026
- Allotment
- 9 Jun 2026
- Listing
- 11 Jun 2026
Offer at a glance
Issue overview
- Issue size
- 21,69,600 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,25,600
- Fresh issue
- ₹29.04 cr
- Offer for sale
- ₹6.97 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,32,800
- Issue type
- Bookbuilding IPO
- Shares before issue
- 48,96,236
- Shares after issue
- 66,46,236
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 1,600 | ₹2,65,600 |
| sHNI | 3 | 2,400 | ₹3,98,400 |
| bHNI | 8 | 6,400 | ₹10,62,400 |
Share reservation
Subscription & GMP
Subscription by category
Reported 8 Jun 2026
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | 0 | 1 |
| NIB | 0 | 134 |
| RETAIL | 645 | 2,489 |
| EMPLOYEES | 0 | 0 |
| HNIs(10L +) | 280 | 26 |
| HNIs (2-10L) | 140 | 108 |
| Shareholder | 0 | 0 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 0.32 | 0.32 |
| Others | 0 | 0.32 |
| RETAIL | 17.13 | 66.11 |
| NIB | 16.73 | 16.16 |
| HNIs 2+ | 5.58 | 5.22 |
| HNIs 10+ | 11.16 | 10.94 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Feb-26 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| EPS | 16.37 | 14.67 | 10.75 | 0.23 |
| ROE | 31.56 | 41.42 | 71.69 | 11.17 |
| ROCE | 35.14 | 46.01 | 75.74 | 14.66 |
| RONW | 0 | 0 | 0 | 0 |
| PRE IPO(PE) | 0 | 11.32 | 0 | 0 |
| POST IPO(PE) | 0 | 0 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| International Travel House Ltd | 9.86 | 0 | 10.00 | 206.83 | 17.64 | 33.96 |
| Helloji Holidays Limited | 14.53 | 0 | 10.00 | 25.67 | 50.78 | 8.60 |
| LGT Business Connextions Limited | 7.13 | 0 | 10.00 | 17.76 | 52.99 | 7.44 |
| UHM Vacation Limited | 11.32 | 0 | 10.00 | 43.08 | 41.42 | 14.67 |
Company information
Company profile
Incorporated in 2009, UHM Vacation Ltd is a B2B travel and tourism platform that provides a wide range of travel services in one place. The company offers services like flight bookings, hotel stays, cruises, car rentals, visa support, transfers, tours, and holiday packages by connecting with multiple service providers directly or through other aggregators. These services are available to travel agencies, corporate travel managers, and independent agents, allowing them to easily search, compare, and book travel options from a single platform. Its own technology platform connects suppliers and agents, where agents can book services efficiently and suppliers can manage their listings, pricing, and availability in real time without needing direct connections with each agent. The company operates in India as well as in GCC countries through a network of registered agents.
Strengths
- Comprehensive Travel Platform: Offers multiple services (flights, hotels, visas, tours) through a single unified interface.
- Scalable Aggregator Model: Connects suppliers and agents efficiently, enabling easy expansion without heavy asset investment.
- International Presence: Operations in India and GCC countries provide wider market reach and growth opportunities.
Risk factors
- High Competition in Travel Aggregation: Faces competition from established global and domestic travel platforms.
- Dependence on Travel Industry Trends: Business is sensitive to tourism demand, economic conditions, and disruptions.
- Low Entry Barriers: Aggregator model can be replicated, increasing competitive pressure.
Promoters
Izhar Ahmad
Rubeena Khatoon I Ahmed
Registrar & documents
Lead manager
Sobhagya Capital Options Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
C 715, Dattani Plaza, Near E W Ind Est, Safed Pool Saki Naka, Andheri (East), Mumbai, Maharashtra, 400072
02246079484
[email protected]Company website ↗Understanding UHMVL IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.