UHM Vacation IPO
smelistedAbout the company
UHM Vacation is engaged in the business of travel and tourism aggregator services, offering a comprehensive range of travel and tourism solutions through its platform. It offers international and domestic air ticket booking services, accommodation booking services and other travel and tourism-related services, including holiday package bookings, tours & activities bookings, transfer management services, car rental services, visa services, cruise bookings, etc. It provides services through a technology platform that connects travel service providers with travel buyers. It sources and aggregates services from airline operators, accommodation service providers, cruise lines, car rental companies, visa facilitators, and other travel service providers with direct connectivity or through third-party aggregators and offers them to its clients as per their needs. The company’s business has historically operated under an asset-light aggregation model; it intends to selectively adopt asset ownership and inventory-backed models in certain service verticals to enhance service reliability, improve margins, and strengthen customer experience, while continuing to leverage its technology-driven aggregation platform. Its main products are air ticketing, tours & activities, accommodation, visa services, Transfers, cruise bookings and car rentals. The company has a presence in India and the Gulf Cooperation Council (GCC) countries through its network of registered agents who use its platform to make a variety of bookings. It operates through a wholly owned subsidiary, Arabian Wonder FZC LLC, where the company holds 99% equity. More than 50% of the 11MFY26 revenue was generated by Maharashtra. Hotel & Ancillary segment produced 71% revenue, and travel & tourism services made up 13% in 11MFY26.
GMP trend (Grey Market Premium by date)
| Date | GMP (₹) | Est. Listing | Change |
|---|---|---|---|
| 08 Jun | ₹1 | ₹167 | -33 |
| 07 Jun | ₹34 | ₹200 | 0 |
| 06 Jun | ₹34 | ₹200 | 0 |
| 05 Jun | ₹34 | ₹200 | 0 |
| 04 Jun | ₹34 | ₹200 | +34 |
| 03 Jun | ₹0 | ₹166 | 0 |
| 02 Jun | ₹0 | ₹166 | 0 |
| 01 Jun | ₹0 | ₹166 | 0 |
Strengths
Risks
Financial performance (₹ Cr)
Subscription breakup (final, times)
IPO Roadmap / Timeline
IPO Opens
Completed04 Jun 2026Bidding starts for all investor categories
IPO Closes
Completed08 Jun 2026Last day to place your bid
Basis of Allotment
Completed09 Jun 2026Share allotment finalised
Refund Initiation
Completed10 Jun 2026Refunds credited for non-allottees
Credit to Demat
Completed10 Jun 2026Allotted shares credited to demat account
Listing on Exchange
Completed11 Jun 2026Shares list on NSE / BSE
Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.
Lot size & minimum investment
| Investor Type | Min Lots | Min Shares | Min Amount | Max Lots | Max Amount | Notes |
|---|---|---|---|---|---|---|
| Retail / Individual | 1 | 800 | ₹132,800 | 1 | ₹132,800 | 1 lot only |
| HNI | 2 | 1600 | ₹265,600 | 2 | ₹265,600 | Min 2 lots |
Shares reserved per category & allotment probability
| Category | Reservation | Shares Offered | Amount (₹ Cr) | Shares Bid | Subscribed | Allotment % |
|---|---|---|---|---|---|---|
| QIB | 50% | 1,114,551 | 18 | 0 | 0.00x | 100% |
| NII | 15% | 334,365 | 5.4 | 287,554 | 0.86x | 100% |
| Retail | 35% | 780,186 | 12.6 | 140,433 | 0.18x | 100% |
Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).
