UHM Vacation IPO
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UHM Vacation IPO details
Schedule of UHM Vacation
| Issue open date | 04 Jun 2026 |
| Issue close date | 08 Jun 2026 |
| UPI mandate deadline | 08 Jun 2026 (5 PM) |
| Allotment finalization | 09 Jun 2026 |
| Refund initiation | 10 Jun 2026 |
| Share credit | 10 Jun 2026 |
| Listing date | 11 Jun 2026 |
| Mandate end date | 23 Jun 2026 |
| Lock-in end date for anchor investors (50%) | 08 Jul 2026 |
| Lock-in end date for anchor investors (remaining) | 06 Sep 2026 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About UHM Vacation
UHM Vacation Limited is a travel and tourism services aggregator that primarily serves the business-to-business (B2B) market. The company operates a technology platform that connects travel service providers such as airlines, accommodation providers, cruise operators, car rental companies and visa facilitators with travel agents, tour operators and corporate travel managers. Through this platform, customers can search, compare and book a range of travel services from a single interface. The company offers domestic and international air ticket booking, accommodation booking, holiday packages, tours and activities, transfer management, car rental, visa assistance and cruise booking services. Its business follows an asset-light aggregation model, sourcing services directly from providers or through third-party aggregators and making them available to clients. Revenue is generated mainly from accommodation and other travel and tourism ancillary services, with airline ticketing contributing a smaller share of revenue.
Financials of UHM Vacation
Issue size
| Funds Raised in the IPO | Amount |
| Total issue size | 13.45 |
| Fresh Issue – Proceeds go to the company | 13.45 |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Capital expenditure | 10.47 (36.05%) |
| Marketing and promotional activities | 4.9 (16.87%) |
| Working capital requirements | 6.42 (22.11%) |
| General corporate purposes | 7.25 (24.97%) |
Strengths
- Operates a technology-driven B2B platform offering multiple travel services through a single interface.
- Provides a wide range of travel solutions including flights, hotels, visas, cruises and holiday packages.
- Follows an asset-light aggregation model that supports scalable operations.
- Has experienced promoters and management with over nine years of industry experience.
- Maintains a growing network of travel suppliers and agents on its platform.
Risks
- A significant portion of revenue comes from accommodation and other travel ancillary services.
- The business depends heavily on the travel and tourism industry, and any slowdown could impact performance.
- The company relies on relationships with airlines, hotels and other travel service providers.
- Revenue is dependent on key customers, and loss of major customers could affect business.
- Any adverse impact on its aggregation-based business model could hurt operations and profitability.