Helloji Holidays Ltd. (BSE SME)

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Helloji Holidays

December 2, 2025 – December 4, 2025

Price ₹110 - ₹118
GMP Rumors * ₹14
Lot size 1200
Issue size ₹10.96 cr
Allotment Dec 5, 2025
Listing Dec 9, 2025


Helloji Holidays Lot(s) Distribution

Category Lot(s) Qty Amount Reserved
INDIVIDUAL 2 2400 283200 129
sHNI 3 3600 424800 12
bHNI 8 9600 1132800 25

Helloji Holidays Reservation

Category Shares Offered %
Anchor 264000 28.42%
QIB 175200 18.86%
HNI 133200 14.34%
INDIVIDUAL 308400 33.2%
Market Maker 48000 5.17%
Total 928800 100%

Helloji Holidays About

IPO Details
Total Issue Size9,28,800 shares (aggregating up to 10.96 Cr)
Fresh Issue Size9,28,800 shares (aggregating up to 10.96 Cr)
Issue TypeBookbuilding IPO
Listing AtBSE SME
Share Holding Pre Issue25,00,000 shares
Share Holding Post Issue34,28,800 shares
Reserved for Market Maker48,000 shares (aggregating up to 0.56 Cr)
Market MakerPrabhat Financial Services Ltd.
Key Performance Indicators
KPISep-25Mar-25Mar-24
ROE13.52%50.78%164.45%
ROCE16.13%44.38%100.60%
RONW12.66%33.51%90.24%
EPS
(basic)
3.638.6016.35
P/E Pre IPO14.07
P/E Post IPO19.3
Financial Details In crores
Period EndedSep-25Mar-25Mar-24Mar-23
Assets8.828.244.842.81
Total Income12.7428.1825.9717.18
Profit After Tax0.912.11.80.2
EBITDA1.162.832.630.4
NET Worth7.166.2620.2
Reserves and Surplus4.663.761.840.04
Total Borrowing-2.32-4.8-0.180.25
Company Overview 

A travel company offering customised holiday packages and end-to-end travel solutions for both leisure and corporate clients.

Services include domestic & international air ticketing, hotel & resort bookings, cruises, luxury cars, sightseeing, destination management, travel insurance, passport & visa assistance.

Provides MICE services (Meetings, Incentives, Conferences, Events) for corporate clients.

Operates through B2B (56.98%) and B2C (43.02%) channels in FY 2025.

Service portfolio covers:

Air Ticketing

Packaged Tours (Inbound & Outbound)

Hotel Reservations

Ancillary Services: Cabs, Visa, Passport, Insurance

Corporate Travel & Event Management (MICE)

Strength

Helloji Holidays covers every major travel need: flights, hotels, tours, cruises, cars, sightseeing, visas, insurance—giving customers a single, convenient platform. This integrated offering strengthens customer trust and increases repeat usage.

Synergistic distribution model targeting both business & leisure travelers: By operating in both B2B (corporates, agents, institutions) and B2C (individual travellers), the company balances seasonal fluctuations. This dual-channel strategy helps maintain steady bookings and improves overall market reach.

Strong customer retention driven by service quality and personalization: Helloji Holidays enjoys a high repeat-customer rate due to its reliable service, custom itineraries, and efficient support system. This loyalty creates stable revenue and reduces marketing costs over time.

Weakness

Travel demand is highly sensitive to pandemics and global disruptions: Events like COVID-19 can halt flights, close borders, and freeze tourism across countries. Such shocks immediately reduce bookings and can severely impact revenue, working capital, and operational continuity.

Dependence on rented offices increases operational vulnerability: The company’s registered, corporate, and branch offices operate from leased premises. Any dispute, rent hike, or termination by the landlords can disrupt operations, affect staff productivity, and force unexpected relocation costs.

Significant revenue concentration from top customers: A meaningful portion of revenue comes from its top clients, top 5 clients, and top 10 customers. Losing even one major account or seeing reduced demand from them could directly impact sales, profitability, and cash flows.

Helloji Holidays Lead Manager(s)

Helloji Holidays Address

Helloji Holidays Ltd.
WA-89,
Third Floor Shakarpur,
DelhiNew Delhi, 110092
Phone+91 9958083332
Emailcompliance@helloji.com
Website: http://www.helloji.com/

Helloji Holidays Registrar

Maashitla Securities Private Limited
Address: Maashitla Securities Private Limited 451, Krishna Apra Business Square Netaji Subhash Place Pitampura, Delhi, 110034

Helloji Holidays Reviewers

Reviewer Recommendation File