Bookbuilding IPO | ₹[.] Cr | Listing at BSE SME |

UHM Vacation Ltd. IPO is a Book Build Issue of 0.22 crore equity shares consisting of a fresh issue of upto 0.18 crore equity shares and an offer for sale (OFS) of upto 0.05 crore equity shares.
The equity shares are proposed to be listed on the BSE SME. Sobhagya Capital Options Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to UHM Vacation IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 22,00,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 17,50,000 shares (agg. up to ₹[.] Cr) |
| Offer for Sale | 4,50,000 shares of ₹10 (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 48,96,236 shares |
| Share Holding Post Issue | 66,46,236 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Wed, Dec 31, 2025 |
| SEBI/Exchange approval received | Wed, Feb 25, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII Shares Offered | Not less than 15% of the Net Issue |
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.
Competitive Strengths
| Period Ended | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 41.72 | 39.06 | 19.34 | 3.60 |
| Total Income | 10.96 | 40.20 | 30.66 | 20.49 |
| Profit After Tax | 1.79 | 7.18 | 5.27 | 0.11 |
| EBITDA | 2.07 | 8.26 | 5.87 | 0.18 |
| NET Worth | 22.98 | 20.96 | 13.72 | 0.98 |
| Reserves and Surplus | 21.87 | 19.86 | 12.62 | 0.87 |
| Total Borrowing | 0.53 | 0.48 | 0.38 | |
| Amount in ₹ Crore | ||||
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 |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 41.42% |
| ROCE | 46.01% |
| Debt/Equity | 0.02 |
| RoNW | 41.42% |
| PAT Margin | 17.89% |
| EBITDA Margin | 20.56% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 97.34% |
Lead Manager Reports
UHM Vacation IPO is a SME IPO of 22,00,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The UHM Vacation IPO open and close dates are not available as of now.
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 dates are not announced. Please check back again after some time.
UHM Vacation IPO lot size and the minimum order quantity is not available at this time. Please check again later.
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 [.], and the allotted shares will be credited to your demat account by . Check the UHM Vacation IPO allotment status.
The UHM Vacation IPO listing date is not yet announced. The tentative date of listing is .