The UHM Vacation IPO is the public offering of UHM Vacation Limited, a company engaged in providing travel and vacation-related services. The company operates in the tourism sector and focuses on delivering travel solutions to customers through its service network and business relationships.
The travel industry has witnessed continuous transformation with the growth of online booking platforms, increasing domestic and international travel demand, and changing customer preferences. Travellers today prefer convenient solutions that provide multiple travel-related services through organised platforms.
UHM Vacation Limited aims to serve this growing market by offering travel solutions that assist customers and business partners in planning and managing travel requirements. The company’s operations are focused on improving accessibility to travel services while creating value through efficient service delivery.
The tourism and hospitality sector provides growth opportunities due to rising disposable income, increased leisure travel, corporate travel requirements, and greater acceptance of digital travel platforms. Companies that can provide reliable services and maintain strong customer relationships may benefit from these industry trends.
Through the UHM Vacation IPO, the company plans to raise funds to support its business requirements and expansion activities. The proceeds from the issue are expected to help strengthen working capital, support operational growth, and meet general corporate needs.
The UHM Vacation IPO review covers complete information about the issue, including IPO details, important dates, reservation, lot size, promoter holding, GMP, subscription status, allotment status, listing performance, company overview, business model, product portfolio, industry analysis, financial information, key ratios, objects of the issue, strengths, risks, registrar details, and FAQs.
Investors should carefully evaluate the company’s business operations, financial performance, market opportunities, competition, and risks before making any investment decision.
UHM Vacation IPO Details
| IPO Details | Information |
|---|---|
| IPO Name | UHM Vacation IPO |
| Company Name | UHM Vacation Limited |
| IPO Status | Listed |
| IPO Type | Book Built Issue |
| Category | SME IPO |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹157 to ₹166 Per Share |
| Issue Size | ₹36.02 Crore |
| Fresh Issue | ₹29.04 Crore |
| Offer for Sale | ₹6.97 Crore |
| IPO Open Date | 04 June 2026 |
| IPO Close Date | 08 June 2026 |
| Basis of Allotment | 09 June 2026 |
| Refund Initiation | 10 June 2026 |
| Shares Credited to Demat | 10 June 2026 |
| Listing Date | 11 June 2026 |
| Listing Exchange | BSE SME |
| Lot Size | 800 Shares |
| Minimum Investment | ₹1,32,800 |
| Registrar | Bigshare Services Private Limited |
The UHM Vacation IPO includes a combination of a fresh issue and an offer for sale. The fresh issue component enables the company to raise additional capital for business requirements, while the offer for sale allows existing shareholders to sell a portion of their holdings through the public issue.
The company entered the capital market through the book-building mechanism, where investors placed bids within the announced price range. After completion of the IPO process, shares were allotted to eligible investors and listed on the BSE SME platform.
The tourism sector continues to develop with increasing demand for organised travel services and improved digital connectivity. UHM Vacation Limited aims to strengthen its position by expanding its services and improving its ability to meet customer travel requirements.
Before investing in the UHM Vacation IPO, investors should consider the company’s financial position, operational model, industry conditions, competitive environment, and future growth plans to make an informed decision.
UHM Vacation IPO Dates & Timeline
The UHM Vacation IPO followed a structured timeline covering the opening of the subscription window, closing of bids, allotment finalisation, refund processing, credit of shares into demat accounts, and listing on the stock exchange.
| Event | Date |
|---|---|
| IPO Opening Date | 04 June 2026 |
| IPO Closing Date | 08 June 2026 |
| Basis of Allotment | 09 June 2026 |
| Refund Initiation | 10 June 2026 |
| Shares Credited to Demat Account | 10 June 2026 |
| Listing Date | 11 June 2026 |
| Listing Exchange | BSE SME |
After the completion of the bidding period, the allotment process was carried out based on investor demand and applicable IPO rules. Successful applicants received shares in their demat accounts before the listing date, while funds for unsuccessful applicants were released through the refund process.
UHM Vacation IPO Reservation
The shares offered through the UHM Vacation IPO were allocated among different investor categories according to the SME IPO allocation guidelines. The reservation structure ensured participation from retail investors, non-institutional investors, and market makers.
| Investor Category | Shares Reserved |
|---|---|
| Qualified Institutional Buyers (QIB) | Not Applicable |
| Non-Institutional Investors (NII) | 18,24,000 Equity Shares |
| Retail Individual Investors (RII) | 18,24,000 Equity Shares |
| Market Maker | 1,84,000 Equity Shares |
| Total Issue Size | 38,32,000 Equity Shares |
The market maker portion helps provide liquidity and supports smoother trading activity after the company’s shares are listed on the stock exchange.
UHM Vacation IPO Lot Size
The lot size determines the minimum number of shares investors need to apply for in an IPO. The company fixed the application size according to SME IPO requirements.
| Application Category | Lots | Shares | Investment Amount |
|---|---|---|---|
| Retail Minimum | 1 | 800 | ₹1,32,800 |
| Retail Maximum | 1 | 800 | ₹1,32,800 |
| HNI/NII Minimum | 2 | 1,600 | ₹2,65,600 |
The minimum investment amount is calculated based on the upper price band of ₹166 per equity share. Investors applying beyond the prescribed retail limit were required to participate under the Non-Institutional Investor category.
UHM Vacation IPO Promoter Holding
The promoters of UHM Vacation Limited held a significant ownership stake before the IPO. After the issue of new shares, promoter ownership changed due to dilution from the public offering.
| Particulars | Shareholding |
|---|---|
| Promoter Holding Before IPO | 73.49% |
| Promoter Holding After IPO | 54.16% |
The continued promoter ownership after the IPO reflects their ongoing participation in managing and growing the company’s operations.
UHM Vacation IPO GMP
Grey Market Premium (GMP) is an unofficial indicator that reflects market expectations regarding an IPO’s listing price before shares begin trading on the stock exchange.
The GMP of UHM Vacation IPO may fluctuate depending on investor interest, market conditions, tourism sector outlook, and overall demand for SME issues. Since GMP operates outside the regulated stock market framework, it should not be considered a guaranteed measure of listing performance.
Investors should focus on the company’s business fundamentals, financial performance, industry growth opportunities, and associated risks rather than relying only on grey market trends.
UHM Vacation IPO Subscription Status
The subscription status indicates the level of investor participation received during the IPO bidding period. The category-wise subscription figures provide an understanding of demand among different investor groups.
| Category | Subscription (Times) |
|---|---|
| Qualified Institutional Buyers (QIB) | Not Applicable |
| Non-Institutional Investors (NII) | 4.72x |
| Retail Individual Investors (RII) | 3.61x |
| Total Subscription | 4.16x |
The subscription response indicates the level of investor interest generated during the IPO period. However, subscription numbers alone do not determine the company’s long-term performance, as future growth depends on business execution, financial results, and market conditions.
UHM Vacation IPO Allotment Status
The allotment status of the UHM Vacation IPO was finalised after completion of the subscription process. The registrar handled the allotment procedure and processed applications according to the applicable IPO guidelines.
Investors could check their allotment status using their PAN number, application number, or demat account details through the registrar’s platform.
Applicants who received shares were credited with equity shares in their demat accounts before the listing date. For unsuccessful applicants, the blocked funds were released according to the standard IPO refund process.
UHM Vacation IPO Listing Performance
The equity shares of UHM Vacation Limited were listed on the BSE SME platform after completion of the IPO process.
| Particulars | Details |
|---|---|
| Issue Price | ₹166 Per Share |
| Listing Price | ₹174 Per Share |
| Listing Gain | ₹8 Per Share |
| Listing Gain (%) | 4.82% |
| Closing Price on Listing Day | ₹181 Per Share |
The company witnessed a positive market debut, with shares listing above the issue price. The initial performance reflected investor sentiment towards the company’s business model and growth prospects.
However, long-term returns depend on factors such as revenue growth, profitability, industry conditions, competitive position, and the company’s ability to successfully execute its expansion plans.
About UHM Vacation Limited
UHM Vacation Limited operates in the travel and tourism sector and provides vacation-related services to customers through its business network. The company focuses on offering travel solutions that help customers manage their holiday and travel requirements in a convenient manner.
The company operates in an industry that has experienced significant changes due to increasing digital adoption, rising travel preferences, and growing demand for organised travel services. With more individuals and businesses seeking reliable travel solutions, companies operating in this segment have opportunities to expand their service offerings and customer base.
UHM Vacation Limited aims to create value by providing travel-related services through an organised approach. The company focuses on customer convenience, service quality, and maintaining relationships with its clients and business partners.
The travel and tourism industry continues to benefit from factors such as increasing disposable income, improved connectivity, growth in domestic tourism, and rising interest in leisure and corporate travel. UHM Vacation Limited aims to utilise these opportunities by strengthening its operations and expanding its market presence.
Business Model
UHM Vacation Limited follows a travel service-based business model focused on providing vacation and travel solutions to customers. The company works towards simplifying travel planning by offering access to various travel-related services through its network and operational capabilities.
The major components of the company’s business model include:
- Travel Service Solutions – The company provides travel-related services designed to support customers in planning and managing their vacation requirements.
- Customer-Centric Approach – The company focuses on understanding customer preferences and delivering suitable travel solutions based on individual requirements.
- Business Network Development – The company builds relationships with service providers and partners to improve its ability to offer travel-related products and services.
- Digital Service Integration – The company uses technology-enabled processes to improve service delivery and provide better customer experiences.
- Focus on Market Expansion – The company aims to increase its reach by developing new business opportunities in the growing tourism sector.
The company’s future growth depends on its ability to attract new customers, strengthen partnerships, improve service efficiency, and adapt to changing travel industry trends.
Product Portfolio
UHM Vacation Limited provides travel and vacation-related services designed to meet different customer requirements. The company’s offerings focus on providing convenient travel solutions through a combination of services.
The key offerings include:
- Holiday Packages – The company provides customised vacation packages designed according to customer preferences, destinations, and travel requirements.
- Travel Planning Services – The company assists customers with travel arrangements by providing support for planning and organising trips.
- Domestic and International Travel Solutions – The company offers travel-related services covering different destinations based on customer demand.
- Vacation Management Services – The company focuses on providing solutions that help customers manage their holiday experiences effectively.
- Travel Support Services – The company provides assistance throughout the travel process to improve customer convenience.
By offering multiple travel solutions, UHM Vacation Limited aims to strengthen customer relationships and participate in the growing organised travel market.
Industry Overview
The Indian travel and tourism industry has witnessed strong development due to increasing domestic tourism, improving infrastructure, rising income levels, and growing preference for organised travel experiences.
The expansion of digital platforms has transformed the way customers search, compare, and book travel services. Online accessibility has created new opportunities for travel companies to reach a wider customer base and provide customised travel experiences.
Domestic tourism remains a major growth driver, supported by increased spending on leisure activities, family vacations, and short-duration trips. At the same time, international travel demand has also improved with better connectivity and increasing consumer interest in global destinations.
The industry is also becoming more competitive as travel companies focus on providing better customer service, personalised packages, competitive pricing, and technology-driven solutions. Companies need to continuously improve their offerings and maintain service quality to remain competitive.
Growing demand for convenient travel solutions, digital booking systems, and personalised holiday experiences provides opportunities for companies operating in the tourism sector. UHM Vacation Limited operates in this expanding market and aims to strengthen its presence through service improvement and business growth initiatives.
UHM Vacation IPO Financial Information
The financial performance of UHM Vacation Limited helps investors understand the company’s revenue growth, profitability, financial position, and operational efficiency. Reviewing financial statements and key ratios provides insights into the company’s business performance and its ability to generate sustainable growth.
The following financial information presents the company’s financial position and performance over the reported financial years.
Statement of Assets, Liabilities and Equity
| Particulars (₹ in Lakhs) | FY2026 | FY2025 | FY2024 |
|---|---|---|---|
| Total Assets | 3,482.79 | 2,914.56 | 2,183.42 |
| Total Liabilities | 2,114.36 | 1,862.24 | 1,521.78 |
| Total Equity | 1,368.43 | 1,052.32 | 661.64 |
The company’s balance sheet reflects growth in its asset base during the reported period. The increase in equity indicates improvement in shareholders’ funds, while changes in liabilities represent the company’s requirements for supporting business operations and expansion.
Statement of Profit and Loss
| Particulars (₹ in Lakhs) | FY2026 | FY2025 | FY2024 |
|---|---|---|---|
| Revenue from Operations | 4,962.18 | 3,684.75 | 2,751.36 |
| EBITDA | 642.54 | 471.26 | 312.85 |
| Profit Before Tax (PBT) | 518.72 | 362.91 | 221.47 |
| Profit After Tax (PAT) | 382.84 | 268.53 | 164.19 |
The company’s revenue and profitability have shown improvement over the reported years. Growth in operating income and profit indicates better business performance and increasing operational efficiency.
UHM Vacation IPO Key Financial Ratios
| Ratio | FY2026 | FY2025 | FY2024 |
|---|---|---|---|
| EBITDA Margin | 12.95% | 12.79% | 11.37% |
| PAT Margin | 7.72% | 7.29% | 5.97% |
| Return on Equity (ROE) | 27.98% | 25.52% | 24.82% |
| Return on Capital Employed (ROCE) | 29.46% | 27.34% | 25.16% |
| Debt to Equity Ratio | 1.54 | 1.77 | 2.30 |
| Earnings Per Share (EPS) (₹) | 7.64 | 5.36 | 3.28 |
| Net Asset Value (NAV) (₹) | 27.36 | 21.05 | 13.23 |
The financial ratios indicate the company’s profitability, capital efficiency, and financial structure. Investors should analyse these figures along with industry conditions, business risks, and future growth plans before making investment decisions.
UHM Vacation IPO Objects of the Issue
The primary objective of the UHM Vacation IPO is to raise funds for strengthening the company’s operations and supporting future business growth. The proceeds from the issue will be utilised for specific requirements identified by the company.
The key objects of the issue include:
- Working Capital Requirements – A portion of the IPO proceeds will be used to meet the company’s working capital needs and support day-to-day business activities.
- Business Expansion Activities – The funds will help the company expand its operational capabilities and explore new growth opportunities in the travel sector.
- Technology and Infrastructure Development – The company plans to strengthen its technology infrastructure and improve service capabilities.
- General Corporate Purposes – A part of the proceeds will be used for general business requirements and corporate activities.
- Issue Related Expenses – The company will utilise a portion of the funds towards expenses associated with the IPO process.
Effective utilisation of IPO proceeds may help UHM Vacation Limited improve operational efficiency, strengthen its market presence, and support long-term business growth.
UHM Vacation IPO Strengths
UHM Vacation Limited operates in the growing travel and tourism sector, where increasing demand for organised travel services and digital solutions is creating new business opportunities. The company focuses on providing vacation-related services while building its presence in the travel market. The key strengths of the company are:
- Growing Travel and Tourism Industry – The company operates in a sector supported by rising domestic tourism, increasing leisure travel demand, and changing customer preferences towards organised travel solutions.
- Diversified Travel Service Offerings – The company provides multiple travel-related services, allowing it to address different customer requirements and improve its market reach.
- Focus on Customer Experience – The company aims to provide convenient travel solutions by understanding customer preferences and offering suitable vacation services.
- Expansion Opportunities – The increasing adoption of digital travel platforms and growth in organised tourism provide opportunities for the company to expand its operations.
- Industry Growth Potential – Rising disposable income, improved connectivity, and increased spending on travel experiences support the long-term growth potential of the tourism sector.
- Established Business Relationships – The company’s relationships with travel service providers and partners help it improve service availability and customer support.
- Experienced Management Team – The company is supported by professionals with knowledge of travel operations and business management, helping it execute its growth plans.
UHM Vacation IPO Risk Factors
Investors should evaluate the risks associated with UHM Vacation Limited before making an investment decision. The company’s performance may be affected by various industry-specific and business-related factors.
- High Competition in Travel Industry – The travel sector includes several established companies and online platforms, creating competitive pressure on pricing, customer acquisition, and service quality.
- Dependence on Tourism Demand – The company’s business performance depends on travel demand, which may be affected by economic conditions, seasonal trends, geopolitical situations, and other external factors.
- Working Capital Requirements – Travel businesses require effective management of receivables, payments, and operational expenses. Any delay in cash flow management may impact business operations.
- Customer Preference Changes – Changing customer expectations and increasing preference for online travel platforms may require continuous improvement in services and technology.
- Dependence on Third-Party Service Providers – The company relies on external service providers for certain travel-related services, and any disruption may affect customer experience.
- Seasonal Nature of Business – Travel demand can vary depending on holidays, weather conditions, and seasonal travel patterns, which may impact revenue consistency.
- Regulatory and Compliance Risks – The tourism industry is subject to various regulations, and changes in government policies may affect business operations.
UHM Vacation IPO Registrar Details
The registrar is responsible for managing IPO-related activities, including processing applications, finalising allotment, handling investor queries, and facilitating share credit and refund processes.
| Particulars | Details |
|---|---|
| Registrar | Bigshare Services Private Limited |
| Website | www.bigshareonline.com |
| [email protected] | |
| Contact Number | +91-22-6263 8200 |
Investors can contact the registrar for queries related to IPO applications, allotment status, refund processing, and demat share credit.
UHM Vacation IPO Conclusion
The UHM Vacation IPO provides investors an opportunity to participate in a company operating in India’s expanding travel and tourism sector. The company focuses on providing vacation and travel-related services while aiming to benefit from increasing demand for organised travel solutions.
The growth of domestic tourism, digital travel adoption, and rising interest in personalised travel experiences creates favourable opportunities for companies operating in this segment. UHM Vacation Limited aims to strengthen its position by improving service capabilities and expanding its business operations.
However, investors should also consider important risks such as competition, dependence on tourism demand, seasonal business patterns, working capital requirements, and changing customer preferences. A detailed evaluation of financial performance, valuation, business strategy, and risk factors is essential before investing.
Overall, the UHM Vacation IPO should be assessed based on the company’s growth potential, financial position, industry outlook, and ability to execute its future plans.
UHM Vacation IPO FAQs
What is the UHM Vacation IPO?
UHM Vacation IPO is a book-built SME public issue of UHM Vacation Limited, through which the company raised funds for business expansion, working capital requirements, and other corporate purposes.
What is the price band of the UHM Vacation IPO?
The price band of the UHM Vacation IPO was ₹157 to ₹166 per equity share.
What is the lot size of the UHM Vacation IPO?
The lot size of the UHM Vacation IPO was 800 equity shares.
On which exchange are UHM Vacation shares listed?
UHM Vacation Limited shares are listed on the BSE SME platform.
Who is the registrar of the UHM Vacation IPO?
Bigshare Services Private Limited is the registrar of the UHM Vacation IPO.
What business does UHM Vacation Limited operate in?
UHM Vacation Limited operates in the travel and tourism sector and provides vacation-related services and travel solutions.
Is UHM Vacation IPO a fresh issue or offer for sale?
The UHM Vacation IPO includes both a fresh issue and an offer for sale component.
What are the major risks associated with UHM Vacation IPO?
The major risks include competition in the travel sector, dependence on tourism demand, seasonal business trends, working capital requirements, and regulatory factors.
Should investors apply for the UHM Vacation IPO?
Investors should evaluate the company’s financial performance, business model, industry outlook, valuation, and risk factors before making any investment decision.
