UHM Vacation IPO
Market Sentiment
IPO Details
Market Lot Size
IPO Reservation
Day-wise Subscription (times subscribed)
Financial Analysis
| Metric | 2023 | 2024 | 2025 | Feb 2026 |
|---|---|---|---|---|
| Revenue | 20.49 | 30.66 | 40.20 | 45.29 |
| Expense | 20.33 | 24.84 | 32.01 | 36.18 |
| Profit (PAT) | 0.11 | 5.27 | 7.18 | 8.05 |
| Total Assets | 3.60 | 19.34 | 39.06 | 43.41 |
| Company | EPS | P/E |
|---|---|---|
| LGT Business Connextions Limited | 7.44 | 10.88 |
| Helloji Holidays Limited | 8.60 | 14.41 |
| International Travel House Limited | 33.96 | 11.01 |
Promoters: Izhar Ahmad and Rubeena Khatoon I Ahmed
| Shareholding | No. of Shares | Holding % |
|---|---|---|
| Promoter Holding Pre Issue | 48,96,236 | 97.35% |
| Promoter Holding Post Issue | 66,45,836 | 65.40% |
Strengths & Risks
- Revenue grew 31% in the latest reported year.
- Solid profit margin — 17.9%.
- Strong return on equity — 41%.
- Low leverage — debt/equity of 0.02.
- Mostly fresh capital — proceeds fund the company's growth, not an exit.
Our metrics didn't flag a major concern for UHM Vacation from the disclosed data — but this isn't a clean bill of health. Read the risk-factors section of the RHP, which lists company-specific risks our data can't capture.
Auto-generated from live GMP, subscription, valuation and financial data. Informational only — not investment advice. Always read the RHP before applying.
Company Information
UHM Vacation Limited, founded in 2009, is one of the leading travel and tourism platforms that provides a diverse range of travel services via its single technology platform. The firm partners with tour and travel providers to offer various travel services, such as airline tickets, hotel accommodations, cruises, car rentals, visa assistance, transfers, tours, and holiday packages via a single platform. The firm provides all these services to travel agencies, corporate travel managers, and independent travel agents on its platforms. Through these platforms, users can easily find, compare prices and options, and book travel services quickly. Its platform’s main aim is to connect travel service providers and travel buyers under one roof. With the help of this platform, agents can easily find, book, and compare travel services and suppliers, and manage their inventory, pricing, and availability.
| Purpose | Amount (Cr) |
|---|---|
| To Meet the Capital expenditure | 10.47 |
| Funding for Marketing and Promotional Activities | 4.90 |
| To Meet Working Capital Requirements | 6.42 |
| General Corporate Purpose | - |
Resources & Documents
UHM Vacation Ltd., C 715, Dattani Plaza, Near E W Ind Est, Safed Pool, Saki Naka, Andheri (East),, Mumbai, Maharashtra, 400072
UHM Vacation has set a price band of Rs 157–Rs 166 per share for an issue size of Rs 36 crore. The stock listed with a 20.00% discount versus its issue price on June 11, 2026.
UHM Vacation Limited, founded in 2009, is one of the leading travel and tourism platforms that provides a diverse range of travel services via its single technology platform. The firm partners with tour and travel providers to offer various travel services, such as airline tickets, hotel accommodations, cruises, car rentals, visa assistance, transfers, tours, and holiday packages via a single platform.
The issue is promoted by Izhar Ahmad and Rubeena Khatoon I Ahmed with GYR Capital Advisors Pvt. Ltd. acting as lead manager. Net proceeds will primarily be used towards To Meet the Capital expenditure (Rs 10 crore) and Funding for Marketing and Promotional Activities (Rs 5 crore).
Current grey market activity shows a flat premium, indicating muted unofficial demand, down Rs 34 from the previous session. Final subscription data records overall subscription at 2.29x, retail at 3.86x, QIB at 1.00x, NII at 0.87x.
On fundamentals, the company is posting revenue growth of 31.1%, a profit margin of 17.9%, return on equity of 41.4% in its most recent reported period. Listed peers in this segment include LGT Business Connextions Limited (P/E 10.88x) and Helloji Holidays Limited (P/E 14.41x) — useful reference points when evaluating the issue's pricing relative to where the broader sector are trading.
Our data-driven engine currently flags this issue as a Neutral stance — the data is mixed and the risk-reward is balanced rather than one-sided. Past performance does not predict future returns — review the price chart and peer comparison below before trading.
UHM Vacation IPO GMP — What It Means
The latest grey market premium for UHM Vacation IPO is ₹0 (+0.0%). GMP is an unofficial, dealer-quoted figure that hints at expected listing-day demand — it is not a guaranteed listing price. For UHM Vacation it should be read alongside the subscription numbers and the company's fundamentals, since grey-market premiums can swing sharply during the bidding window.
See the full UHM Vacation GMP history and trend, or learn how grey market premium works and how reliable it is.
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