UHM Vacation share price made a weak debut on the BSE SME today. UHM Vacation share price today opened at ₹132.80, 20% below the issue price of ₹166.
Post a weak debut, the stock was locked in at a 5% lower circuit at ₹126.20 per share. UHM Vacation share price touched an intraday high of ₹132.80 per share today.
The ₹36.02 crore UHM Vacation IPO was open for subscription from 4 June to 8 June and received a relatively muted response from investors compared with several recent SME public issues. The offering was subscribed to 2.36 times overall, with the retail investor segment attracting the strongest demand at 3.86 times subscription. The non-institutional investor (NII) portion was subscribed 0.86 times, while the qualified institutional buyer (QIB) category was fully subscribed.
Founded in 2009, UHM Vacation operates as a business-to-business (B2B) travel and tourism aggregator, offering services such as airline ticketing, hotel reservations, cruise bookings, visa assistance, transfers, and holiday packages through a unified technology platform that connects travel suppliers with agents.
The company has established a presence across India and the Gulf Cooperation Council (GCC) region, catering to travel agencies, corporate travel managers, and independent travel agents through its proprietary platform.
On the financial front, UHM Vacation has reported steady growth. For the period ended February 2026, the company posted revenue of ₹45.29 crore, compared with ₹40.20 crore in FY25, while profit after tax (PAT) increased to ₹8.05 crore from ₹7.18 crore in the previous year.
UHM Vacation IPO details
The offering comprises a new issue of ₹29.04 crore and a sale of shares worth ₹6.97 crore.
The company intends to allocate the funds raised from the fresh issue for capital expenditures, marketing and promotional efforts, working capital needs, and other corporate purposes.
Sobhagya Capital Options Pvt. Ltd. serves as the lead manager for the book, while MUFG Intime India Pvt. Ltd. acts as the registrar for the offering. Giriraj Stock Broking Pvt. Ltd. is designated as the Market Maker for the company.
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