UHM Vacation SME IPO
UHM Vacation IPO — date, price band, GMP & allotment 2026
UHM Vacation SME IPO is open for subscription from 4 June 2026 to 8 June 2026. Incorporated in 2009, UHM Vacation Limited operates a B2B travel and tourism platform that offers flight bookings, hotel reservations, holiday packages, cruises, car rentals, visa assistance and other travel-related services through a single technology-driven interface. The company has a strong presence across India and GCC countries, serving travel agents, corporate travel planners and independent agents through its scalable asset-light business model.
Stock price
UHM Vacation is listed — here is the live share price.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
Key dates from opening to listing. Today is 13 September.
- Open 04 Jun 2026
- Close 08 Jun 2026
- Allotment 09 Jun 2026
- Refund/credit 10 Jun 2026
- Listing 11 Jun 2026
Issue summary
The terms of the offer, as filed.
| IPO Dates | 4 to 8 Jun, 2026 |
|---|---|
| Price Band | ₹157 – ₹166 |
| Face Value | ₹10 |
| Lot Size | 800 Shares |
| Issue Size | ₹36 Cr |
| Sale Type | Fresh capital cum OFS |
| Listing On | BSE SME |
| Registrar | MUFG Intime India Private Limited |
| Min Investment | ₹ 2,65,600 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 800 shares at the ₹166 cut-off. The SME retail application is a fixed 2 lots; HNI starts at 3.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 2 | 1,600 | ₹2,65,600 |
| Retail (max) | 2 | 1,600 | ₹2,65,600 |
| HNI (min) | 3 | 2,400 | ₹3,98,400 |
Strengths & risks
Drawn from the offer document — the case for and against, side by side.
Strengths · 5
- 01Established travel and tourism company with over 15 years of operating history.
- 02Asset-light business model supports scalability with limited capital requirements.
- 03Diversified service portfolio including flights, hotels, holidays, cruises and visas.
- 04Strong B2B network of travel agents across India and overseas markets.
- 05Technology-driven platform enables efficient booking and customer management.
Risks · 5
- 01Business is highly dependent on the travel and tourism industry's growth.
- 02Intense competition from online travel portals and established travel companies.
- 03Economic slowdowns or geopolitical events can reduce travel demand.
- 04Dependence on third-party airlines, hotels and travel service providers.
- 05Changes in visa regulations, travel policies or taxation may impact operations.
Three years of numbers
All figures in ₹ crore, as reported in the UHM Vacation offer document.
| Metric | 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 |
See how this IPO compares — view listing performance of all SME IPOs.
Valuation & key ratios
Ratios are for the latest full financial year reported in the UHM Vacation RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.
UHM Vacation IPO Valuation
How the issue prices the company before and after the fresh shares are created.
| Valuation Metric | Post-Issue |
|---|---|
| EPS (₹) | ₹10.81 |
| P/E Ratio (x) | 15.36 |
| Market Cap at Offer Price (₹ Cr) | ₹123.62 |
Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹166 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.
Where the money goes
₹21.79 Cr of the issue is earmarked to named objects.
About the company
No company details available yet.
Interested in this IPO? Check the live subscription status or browse all upcoming SME IPOs.
02246079484
The bankers & the filings
Who is running the book, and the documents this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
Sobhagya Capital Options Pvt.Ltd.
4 issues handledBest listing: Accretion Nutraveda (+48.1%). Weakest: Armour Security (0.0%).
Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Company contact
Frequently asked
What is the GMP of UHM Vacation?
The current Grey Market Premium is ₹0.
What is the UHM Vacation IPO price band?
₹157 to ₹166, on a face value of ₹10.
When is the allotment?
The basis of allotment is 9 June 2026, with listing on 11 June 2026.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — MUFG Intime India Private Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every SME and Mainboard issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
