Helloji Holidays Limited
Bookbuilding IPO · BSE
- Price band
- ₹110 - ₹118
- Lot size
- 1,200 shares
- Issue amount
- ₹10.96 cr
- Total subscription
- 30.23×
- Opens
- 2 Dec 2025
- Closes
- 4 Dec 2025
- Allotment
- 5 Dec 2025
- Listing
- 9 Dec 2025
Offer at a glance
Issue overview
- Issue size
- 9,28,800 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,32,000
- Fresh issue
- ₹10.96 cr
- Offer for sale
- ₹0 cr
- Registrar
- Maashitla Securities Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,41,600
- Issue type
- Bookbuilding IPO
- Shares before issue
- 25,00,000
- Shares after issue
- 34,28,800
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 2,400 | ₹2,83,200 |
| sHNI | 3 | 3,600 | ₹4,24,800 |
| bHNI | 8 | 9,600 | ₹11,32,800 |
Share reservation
Subscription & GMP
Subscription by category
Reported 4 Dec 2025
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | 0 | 15 |
| NIB | 0 | 728 |
| RETAIL | 129 | 2,930 |
| HNIs(10L +) | 25 | 450 |
| HNIs (2-10L) | 12 | 278 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 2.07 | 71.11 |
| FIIs | 0 | 27.65 |
| Others | 0 | 43.46 |
| RETAIL | 3.64 | 82.98 |
| HNIs 2+ | 0.52 | 12.09 |
| HNIs 10+ | 1.05 | 53.86 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Sep-25 | Mar-25 | Mar-24 |
|---|---|---|---|
| EPS | 3.63 | 8.6 | 16.35 |
| ROE | 13.52 | 50.78 | 164.45 |
| ROCE | 16.13 | 44.38 | 100.6 |
| RONW | 12.66 | 33.51 | 90.24 |
| PRE IPO(PE) | 0 | 14.07 | 0 |
| POST IPO(PE) | 19.3 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| Naturewings Holidays Ltd | 22.74 | 0 | 10.00 | 28.95 | 11.84 | 3.96 |
| Travels and Rentals Ltd | 13.19 | 0 | 10.00 | 25.21 | 11.40 | 3.26 |
| Helloji Holidays Ltd | 14.07 | 0 | 10.00 | 25.03 | 33.51 | 8.60 |
| LGT Business Connextions Ltd | 8.04 | 0 | 10.00 | 17.76 | 41.89 | 7.44 |
Company information
Company profile
Helloji Holidays provides customized holiday packages and complete travel solutions for both leisure and corporate travelers, offering domestic and international flights, hotel and resort bookings, cruises, luxury cars, sightseeing, and destination management services. The company also assists with travel insurance, passports, and visas. Its service portfolio includes air ticketing, inbound and outbound customized tour packages, global hotel reservations, cab bookings, and MICE services for corporate events, meetings, incentives, and conferences. Operating across both B2B and B2C channels, Helloji Holidays generated 56.98% of its FY 2025 revenue from the B2B segment and 43.02% from the B2C segment.
Strengths
- All-in-One Travel Service Platform: Offers flights, hotels, tours, cruises, car rentals, visas, sightseeing, and insurance under one roof, giving customers a seamless booking experience and encouraging repeat usage.
- Balanced B2B & B2C Travel Distribution: Serves both corporate and leisure travellers, reducing seasonal demand fluctuations and improving overall booking stability and market penetration.
- High Customer Loyalty Through Personalized Service: Strong repeat business driven by customized travel planning, dependable support, and trust built through consistent service quality.
Risk factors
- Pandemic & Global Disruption Sensitivity: Travel demand can collapse during crises like COVID-19, causing sharp drops in bookings, cash flow strain, and major interruptions in business operations.
- Operational Risk from Leased Offices: Dependence on rented premises exposes the company to risks such as rent disputes, eviction, or sudden cost increases, leading to operational disturbance and relocation expenses.
- High Revenue Concentration from Key Clients: A large share of revenue comes from top customers, so loss or reduced business from any major client could significantly hurt sales, profitability, and financial stability.
Promoters
Mr. Hitesh Kumar Singla
Mr. Nikhil Singla
Mr. Nitin Dixit
Mr. Anil Kumar Sharma
Registrar & documents
Lead manager
Khambatta Securities Limited
Registrar & contacts
Maashitla Securities Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
WA-89, Third Floor Shakarpur, Delhi, New Delhi, 110092
+91 9958083332
[email protected]Company website ↗Understanding HELLOJI IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.