UHM Vacation Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the UHM Vacation Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
IPO Snapshot
Key metrics and details at a glance.
Price Band
₹166
Per ShareLot Size
800 Shares
Minimum Investment
₹1,32,800
Issue Size
₹36.02 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
50.12%
QIB Quota
0.93%
NII Quota
48.95%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
UHM Vacation Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
97.35%
Promoter Holding (Post-Issue)
65.39%
Issue Type
Book Building - SME
ISIN
INE0YZ901011
About the Company
We are engaged in the business of travel and tourism aggregator services, offering comprehensive range of travel and tourism solutions under one platform, we are catering to the Business-to-Business segment. We source and aggregate services from airlines 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 offer them to our clients as per their needs. This enables us to offer customers a wide range of travel services and curated options to meet their specific requirements through a single platform.
Industry Overview
The global travel and tourism industry was valued at USD 10.9 trillion in 2024, marking a strong recovery from the pandemic-induced downturn and significantly exceeding its 2019 value of USD 9.6 trillion. This growth reflects not just a return to normalcy but an expansion of the sector beyond pre-COVID levels. The industry's rebound has been fuelled by a surge in leisure travel, easing of international travel restrictions, increased digital adoption in bookings, and rising disposable incomes in emerging markets. With these favourable trends, the sector is projected to surpass USD 11 trillion by 2025. According to the World Travel & Tourism Council (WTTC), the upward momentum is expected to continue as global mobility improves and travel confidence strengthens further.
Company History
Our Company was incorporated as "UHM Vacation Private Limited" as per the provision of Companies Act, 1956, pursuant to a certificate of incorporation dated March 17, 2009 issued by the Deputy Registrar of Companies, Maharashtra, Mumbai. The Company was then converted into a public limited company, pursuant to a shareholder's resolution passed at the general meeting of our Company held on June 24, 2024, and consequently, the name of our Company was changed to `UHM Vacation Limited', and a fresh certificate of incorporation dated July 31, 2024, was issued by the ROC, Central Processing Centre bearing CIN: U55101MH2009PLC190976.
Growth Strategy
- Strengthening our technology and development capabilities.
- Sales & Marketing.
- Strengthening Customer Relationships and Support Infrastructure.
- Investment in Business Vehicles to Enhance Operational Efficiency and Support Expansion Initiatives.
- Pre-Purchase Inventory Model for Airline Tickets and Accommodation
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY23 to FY25.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public offering of 21,69,600 equity shares of face value of Rs. 10 each ("Equity Shares") of UHM Vacation Limited ("Company" or the "Issuer") for cash at a price of Rs. 166 per equity share (including a share premium of Rs. 156 per equity share) ("Offer Price") aggregating Rs. 36.02 Crores comprising a fresh issue of 17,49,600 equity shares aggregating Rs. 29.04 Crores by the company ("Fresh Issue") and an offer for sale of 4,20,000 equity shares aggregating Rs. 6.97 Crores (the "Offered Shares") comprising 4,20,000 equity shares by Izhar Ahmad aggregating Rs. 6.97 Crores (the "Selling Shareholder" and such offer, the "Offer For Sale") (the "Offer For Sale" and together with the fresh issue, the "Offer") of which 1,10,400 equity shares aggregating to Rs. 1.83 Crores will be reserved for subscription by market maker to the offer (the "Market Maker Reservation Portion"). The offer, less market maker reservation, i.e. Net offer 20,59,200 equity shares of face value of Rs. 10 each at price of Rs. 166 per equity share aggregating to Rs. 34.18 Crores is herein after referred to as the "Net Offer". The offer and the net offer will constitute 32.65% and 30.98% respectively of the fully-diluted post- offer paid-up equity share capital of the company. Price Band: Rs. 166 per equity share of face value of Rs. 10 each. The floor price is 16.60 times of the face value. Bids can be made for a minimum of 1600 equity shares and in multiples of 800 equity shares thereafter.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Comprehensive Service Offering.
- Convenient and User-Friendly Platform.
- International Market Access.
- Scalable Business Model.
- Experienced management team with proven project management and implementation skills.
- The company derives a significant portion of its revenue from the company top customer, top 3 customer top 5 customer and top 10 customers. The loss of one or more such customers, the deterioration of their financial condition or prospects, or a reduction in their demand for the company products could adversely affect its business, results of operations, financial condition and cash flows.
- The company revenue is entirely dependent on the domestic and global travel and tourism sector. Consequently, any downturns or disruptions in this industry could adversely affect its business performance, operating results, and overall financial health of the company.
- The company derives a significant portion of its revenue from certain of the company services. If sales volume or price of such services declines in the future, or if its is unable to sell such services for any reason, the company business, financial condition, cash flows and results of operations could be adversely affected.
- The Company is dependent on the Gulf Countries market for its consolidated revenue and any downturn in it could reduce the company sales.
- The company derives a significant part of its revenue from major agents. If one or more of such agents choose not to source their requirements from its, the company business, financial condition and results of operations may be adversely affected.