Helloji Holidays IPO: Price, GMP, Analysis, And Details

Helloji Holidays IPO- Company Analysis

Helloji Holidays IPO under the SME IPO category is a book build issue of Rs. 10.96 Cr by Helloji Holidays Ltd., and provides complete travel solutions and personalized vacation packages for both leisure and business travelers. 

Services provided:

• Tickets for flights.

• Packaged Tours.

• MICE (Meetings, Incentives, Conferences and Events).

Services provided:

• Tickets for flights.

• Packaged Tours.

• MICE (Meetings, Incentives, Conferences and Events) is an ancillary service.

Helloji Holidays IPO Details

The Helloji Holidays IPO date of opening is 02 December 2025, its initial public offering will end on 04 Dec, IPO allotment on Dec 05 and refund initiation on Dec 08, 2025.

The Rs. 10.96 crore new SME IPO comprises a wholly fresh issue of 0.09 crore shares.

The Helloji Holidays IPO listing date (expected) might be on Tuesday, Dec 09, 2025, and listing at the BSE and SME. 

The Helloji Holidays IPO price band is Rs. 110 to Rs. 118.

IPO Timetable (Tentative)

Events	Date
IPO Opening Date	Dec 02, 2025
IPO Closing Date	Dec 04, 2025
IPO Allotment Date	Dec 05, 2025
Refund Initiation	Dec 08, 2025
IPO Listing Date	Dec 09, 2025

 

Click to open demat account and apply for the IPO.

 

 

Company Financials

(Amount in Cr)

Particulars	31 Mar 2025	31 Mar 2024	31 Mar 2023
Assets	8.24	4.84	2.81
Total Income	28.18	25.97	17.18
Profit After Tax (PAT)	2.10	1.80	0.20
EBITDA	2.83	2.63	0.40
Net Worth	6.26	2.00	0.20
Reserves & Surplus	3.76	1.84	0.04
Total Borrowing	-4.80	-0.18	0.25

 

Cash Flows

(Amount in lac)

Net Cash Flow	31 Mar 2025	31 Mar 2024	31 Mar 2023
Net Cash Flow Operating Activities	248.40	46.13	(21.67)
Net Cash Flow Investing Activities	(121.25)	(2.83)	(7.42)
Net Cash Flow Financing Activities	162.93	(38.24)	68.37

Revenue Bifurcation

(Rs. in Lac)

(Source: RHP)

The Objective of the Issue

The company desires to use the Net Proceeds from the Issue to fulfill its following goals:

• Working Capital Requirements. ~ Rs. 5.04 Cr.

• Capital expenditure towards the purchase of Software. ~ Rs. 2.90 Cr.

• General corporate purposes. 

Listed Peers of Helloji Holidays Ltd.

Company Name	Face Value (Rs. )	EPS (Rs. )	P/E Ratio (x)
LGT Business Connexions Limited	10	7.44	8.04
Travels and Rentals Limited	10	3.26	13.19
Naturewings Holidays Limited	10	3.96	22.74

 

Valuation

KPI	Values
ROE	50.78%
ROCE	44.38%
Debt/Equity	0.01
RoNW	33.51%
PAT Margin	7.45%
EBITDA Margin	10.07%
Price to Book Value	4.71

 

 

Evaluation of P/E Ratio

Considering the period ended on FY 2025 with an EPS of Rs. 8.60 from the last year, the resulting P/E ratio is 13.72x.

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IPO's Strengths

• One-stop shop for all travel-related services.

• Targeting business and leisure travelers with a synergistic distribution model.

• Robust client retention base.

• Strong management skills underpin organizational stability.

• Skilled and knowledgeable group.
  
  

IPO’s Weaknesses 

• A small number of clients account for a large portion of revenue; losing them might have a significant negative effect on the company.

• The majority of orders are temporary and subject to revision or cancellation at any time.

• The company's operations require ongoing funding and any shortfall could impede expansion.

Helloji Holidays IPO GMP (Grey Market Premium)

Helloji Holidays IPO GMP today is Rs. 11 as of 01 Dec 2025 at the time of writing this information.

Helloji Holidays IPO Summary

IPO Opening & Closing Date	02 Dec, 2025 to 04 Dec, 2025
Face Value	Rs. 10 per Share
Issue Price	Rs. 110 to Rs. 118  per Share.
Lot Size	1200 Shares
Issue Size	9,28,800 Shares (Rs. 10.96 Cr)
Offer for Sale	-
Fresh Issue	9,28,800 Shares (Rs. 10.96 Cr)
Listing at	BSE, SME
Issue Type	Book build issue IPO
Registrar	Maashitla Securities Pvt. Ltd.

IPO Lot Details 

Retail investors can invest in a minimum of 2 Lots (2400 Shares) for Rs. 2,83,200, and in multiples thereof, while S-HNI investors can invest in a minimum of 3 Lots (3600 Shares) for Rs. 4,24,800.

Minimum Lot Investment (Retail)	2 Lots
Maximum Lot Investment (Retail)	2 Lots
S-HNI (Min)	3 Lots

 

Helloji Holidays IPO Allotment Status

To check the Helloji Holidays IPO Allotment Status, visit the official Registrar’s website or BSE website. Below are the website links for you.

Using BSE Website - ​BSE IPO allotment status

Promoters And Management of Helloji Holidays Ltd.

• Mr. Hitesh Kumar Singla

• Mr. Nikhil Singla

• Mr. Nitin Dixit

• Mr. Anil Kumar Sharma.

Pre-Issue Promoter Shareholding	96%
Post-Issue Promoter Shareholding	70%

 

IPO Lead Managers

• Khambatta Securities Ltd.
  
  

Dividend Policy

The company has not declared a dividend since its incorporation.

 

 

Conclusion

With a diverse service portfolio, good financial performance, and high returns, Helloji Holidays IPO offers a rapidly expanding travel services company. However, industry competitiveness, short-term contracts and client concentration continue to be important issues that investors should consider. In general, investors looking to gain exposure to the growing travel and tourism sector within the SME sector may find the IPO appealing.

 

Finowings IPO Analysis

Hope you enjoyed the Finowings IPO Analysis. We tried our best to give every required detail about the company that you should know before applying to the IPO. 

You must consult your financial advisor before making any financial decisions. 

To Apply for the IPO, Click Here.

To Read the Prospectus of the Company Click Here to Download the DRHP.

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DISCLAIMER: This blog is NOT any buy or sell recommendation. No investment or trading advice is given. The content is purely for educational and information purposes only. Always consult your eligible financial advisor for investment-related decisions.