Issue Price
₹166
Per Share
GMP
+₹34
+20.48% Grey Market
Est. Listing
₹200
Expected Price
Min. Application
₹265,600
2 lots × 800 shares
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 StrengthsComprehensive Service OfferingConvenient and User-Friendly PlatformInternational Market AccessScalable Business ModelExperienced management team with proven project management and implementation skills
UHM Vacation Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| QIB (Ex Anchor) | 19,200 | — | ₹0.32 Cr | 1.00x |
| NII / HNI | 1,008,000 | — | ₹16.73 Cr | 0.86x |
| Retail (RII) | 1,032,000 | — | ₹17.13 Cr | 3.86x |
| Market Maker | 110,400 | — | ₹1.83 Cr | — |
| TOTAL | 2,059,200 | 100.00% | ₹34.18 Cr | 2.36x |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹132,800 |
| Retail (Max) | 13 | 10,400 | ₹1,726,400 |
| sNII (Min) | 14 | 11,200 | ₹1,859,200 |
| bNII (Min) | 68 | 54,400 | ₹9,030,400 |
| Particulars | 28 Feb 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue from Operations | 45.29 | 40.20 | 30.66 |
| EBITDA | 9.19 | 8.26 | 5.87 |
| Profit After Tax (PAT) | 8.05 | 7.18 | 5.27 |
| Net Worth | 30.05 | 20.96 | 13.72 |
| Total Assets | 43.41 | 39.06 | 19.34 |
| Reserves & Surplus | 25.15 | 19.86 | 12.62 |
| Total Borrowings | 0.06 | 0.48 | 0.38 |