UHM Vacation IPO is a ₹36.02 crore SME issue that opens on June 4, 2026 and closes on June 8, 2026. The price band is ₹157 to ₹166 per share, and the latest live subscription snapshot showed the issue at 0.16x in early bidding on June 4, 2026.

IPO overview

UHM Vacation Ltd is a B2B travel and tourism aggregation company. It provides a single platform where travel agents, corporate travel managers, and other buyers can access services such as flight bookings, hotel stays, holiday packages, car rentals, visa assistance, transfers, cruises, and tours.

The company follows an asset-light model, which means it does not own a heavy travel inventory. Instead, it connects buyers with airlines, hotels, cruise operators, car rental providers, and visa facilitators through its technology platform.

UHM Vacation Key IPO details

Here are the main facts investors should know:

• IPO open date: June 4, 2026
• IPO close date: June 8, 2026
• Price band: ₹157 to ₹166 per share
• Issue size: ₹36.02 crore to ₹36.08 crore, depending on the source
• Lot size: 1,600 shares
• Minimum investment: ₹1,32,800 to ₹1,66,400 depending on application structure and source reference
• Listing date: June 11, 2026 on BSE SME
• Allotment date: June 9, 2026

The IPO is structured as a fresh issue, with some sources also describing it as a public issue including an offer for sale. That means investors should check the final offer document carefully for the exact breakdown before applying.

Current subscription status

The latest live update available showed UHM Vacation IPO at 0.23x subscription on June 4, 2026.

That is a modest opening, but SME IPOs often see activity pick up later in the bidding window. Final demand will matter more than the first few hours, especially for a company in a niche travel-services business.

Issue Reservation

UHM Vacation IPO comprises a total issue size of 21,69,600 shares. The net offer to the public is 20,59,200 shares, after excluding 1,10,400 shares allotted on a firm basis. Of the Net offer 19,200 (0.93%) are allocated to QIB, 10,08,000 (48.95%) allocated to NII 10,32,000 (50.12%) allocated to RII.

IPO Lot Size

Investors can bid for a minimum of 1,600 shares and in multiples of 800 shares thereof. 

Objective of the IPO :-

According to the IPO note, the company plans to use the proceeds for capital expenditure, marketing and promotional activities, working capital, and general corporate purposes. This suggests management is trying to strengthen both growth and day-to-day operations at the same time.

For investors, that is important because travel businesses can scale quickly if they have good technology, strong partner networks, and enough working capital to support bookings and operations.

Company Financials (Restated)

Period Ended	28 Feb 2026	31 Mar 2025	31 Mar 2024	31 Mar 2023
Assets	43.41	39.06	19.34	3.60
Total Income	45.29	40.20	30.66	20.49
Profit After Tax	8.05	7.18	5.27	0.11
EBITDA	9.19	8.26	5.87	0.18
NET Worth	30.05	20.96	13.72	0.98
Reserves and Surplus	25.15	19.86	12.62	0.87
Total Borrowing	0.06	0.48	0.38
Amount in ₹ Crore

What investors should watch

The travel and tourism segment has recovery potential, but it is also competitive and sensitive to demand swings. Since UHM Vacation is an SME issue, liquidity after listing may also be limited compared with mainboard stocks.

Investors may want to pay attention to revenue growth, customer concentration, margins, and how effectively the company uses the IPO money. In SME IPOs, the story matters, but execution matters even more.

How To Apply for the IPO ?

• Login or Open demat account with JM Financial Services / JM PRO app: Open the JM PRO app or JM Financial Services website and log in with your credentials. 

• Locate the IPO Section: Navigate to the 'IPO' section on the platform. 
• Select IPO: Find and select the IPO from the list of open IPOs. 
• Enter the Lot Size: Specify the number of lots you want to bid for. 
• Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application. 
• Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN. 

How To Check the Allotment Status of IPO?

Steps to check IPO allotment status on JM Pro app: 

• Log in to the JM Pro app. 
• Go to the IPO Section and then to IPO Orders. 
• Select the individual IPO that you had applied for and check the allotment status. 

JM Financial Services will notify you of your IPO allotment status via push notification and email.

FAQs

1. What are the UHM Vacation IPO dates?
The IPO opens on June 4, 2026 and closes on June 8, 2026.

2. What is the price band?
The price band is ₹157 to ₹166 per share.

3. What is the issue size?
The issue size is around ₹36.02 crore to ₹36.08 crore, depending on the source.

4. What is the lot size?
The lot size is 1,600 shares.

5. What is the minimum investment?
The minimum investment is shown as ₹1,32,800 on some sources, though other sources present a higher effective application amount.

6. What is the current subscription rate?
The latest live update showed the IPO at 0.16x subscribed early on June 4, 2026.

7. When is the listing date?
The tentative listing date is June 11, 2026 on BSE SME.

8. What does UHM Vacation do?
It is a travel and tourism aggregator focused on the B2B segment.