Helloji Holidays IPO: Dates, Price, Lot Size, Financials, Risks, Pros & Cons, and Complete FAQ (Full Detailed Guide)

- November 28, 2025

The SME IPO market continues to attract strong investor interest, and the latest company preparing to debut is Helloji Holidays Ltd, a travel services company known for its customised domestic and international holiday packages. If you are planning to apply for the Helloji Holidays IPO, this article covers every important detail, including issue dates, IPO size, price range, strengths, risks, financials, allotment information, and FAQs — all in one place.

Let’s dive in.

📌 Helloji Holidays IPO – Key Details

Detail	Information
Bidding Dates	2 Dec 2025 – 4 Dec 2025
Minimum Investment	₹2,64,000
Lot Size	1200 shares
Price Range	₹110 – ₹118 per share
Issue Size	Not yet announced
IPO Type	SME IPO (BSE-SME)
Tentative Allotment Date	05 Dec 2025
Tentative Listing Date	09 Dec 2025
Face Value	₹10 per share
Pre-apply Opens	4 days before subscription opens (Pre-apply also supported)
Registrar	Masitha Securities Pvt Ltd
Founded	2012
MD/CEO	Mr. Hitesh Kumar Singla
Parent Organisation	Helloji Holidays Ltd

📘 About Helloji Holidays

Helloji Holidays Ltd is a travel services company offering end-to-end customised travel packages to both corporate clients (B2B) and retail travellers (B2C).

The company provides:

Domestic and international holiday packages
Ticketing services (airline bookings, hotels, travel services)
Corporate travel management
Specialised itinerary planning
Network partnerships with global & local travel partners

Founded in 2012, the company has grown steadily by leveraging a dual-channel business model supported by strong referral networks, online sales, and repeat customers.

⭐ Strengths of Helloji Holidays

1. Strong B2B + B2C Network

The company operates a hybrid model serving both corporate travel clients and individual travellers. This ensures diversified revenue and better demand stability.

2. Long-Term Customer Relationships

Helloji Holidays claims strong retention through repeat business from loyal clients. This creates stable revenue and lower acquisition costs.

3. Strong Growth in Profitability

Profit After Tax (PAT) increased consistently:

FY23: ₹0.19 crore
FY24: ₹1.80 crore
FY25: ₹2.10 crore

4. Increasing Revenue from Core Operations

Revenue from operations rose from:

₹17.13 crore in FY23
₹25.97 crore in FY24
₹28.12 crore in FY25

This shows consistent business expansion.

❌ Risks & Weaknesses of Helloji Holidays

A strong review must include risks. Here are the key concerns:

1. Heavy Reliance on a Small Client Base

Top five customers contributed:

18.31% in FY23
25.22% in FY24
15.27% in FY25

Losing major clients can significantly impact revenue.

2. Overdependence on Ticketing Services

A large share of revenue still comes from ticketing services. This segment is highly competitive and sensitive to market fluctuations such as fuel prices, travel bans, or cancellations.

3. Negative Operating Cash Flow (FY23)

The company reported negative operational cash flow due to working capital needs and loan repayments.

4. Competition From Major Travel Aggregators

Companies like MakeMyTrip, EaseMyTrip, and international travel agencies pose strong competitive threats.

5. Sensitive to External Factors

Events like:

Flight cancellations
Hotel cancellations
Political issues
Natural disasters
Regulatory changes

…can significantly impact revenues.

6. Cybersecurity & Data Risks

Travel companies handle sensitive personal and financial data. Breaches may lead to penalties, lawsuits, and loss of customer trust.

📊 Helloji Holidays Financials

Revenue (₹ Cr)

FY23: 17.13
FY24: 25.97
FY25: 28.12

Profit (₹ Cr)

FY23: 0.19
FY24: 1.80
FY25: 2.10

Total Assets (₹ Cr)

FY23: 2.26
FY24: 4.58
FY25: 8.62

Overall Summary:

Revenue: Consistent growth
Profit: Strong upward trend
Assets: Rapid scaling
Cash Flow: Needs improvement

📌 Application Details for Helloji Holidays IPO

Category	Details
Investor Category	Individual Investor
Price Band	₹110 – ₹118
Investment Range	₹2 – ₹5 lakh
Lot Size	1200 shares (₹2,64,000 minimum)

Only individual investors are eligible for this SME IPO.

📝 Helloji Holidays IPO: Pros & Cons

👍 Pros

Rapid growth in revenue and profits
Strong B2B and B2C customer base
Increasing assets and improved scale
Customised travel offerings with repeat customer strength
Expanding domestic and international network
Attractive industry (travel & tourism demand rising post-pandemic)

👎 Cons

Heavy reliance on a few key customers
High competition from online aggregators
Sensitive to external macro factors
Limited resources compared to large market players
SME IPO — carries higher risk and volatility
Negative operating cash flow in past period

📅 Important Helloji Holidays IPO Dates

Event	Date
IPO Opens	02 Dec 2025
IPO Closes	04 Dec 2025
Allotment Date	05 Dec 2025
Listing Date	09 Dec 2025
Pre-Apply Starts	4 days before IPO opening

❓ Top Helloji Holidays IPO FAQs

1. What is the issue size of Helloji Holidays IPO?

The company has not yet announced the total issue size.

2. Can I pre-apply for Helloji Holidays IPO?

Yes, investors can pre-apply 4 days before subscription opens.

3. When will my order be placed if I pre-apply?

Your order is placed automatically when the IPO opens.
A UPI mandate will be sent within 24 hours.

4. How will I know if my IPO order is placed?

You will receive a confirmation notification from the exchange.

5. What is the lot size of Helloji Holidays IPO?

The lot size is 1200 shares, requiring a minimum investment of ₹2,64,000.

6. What is the minimum order quantity?

Minimum order = 1 lot = 1200 shares
Minimum qty = 2400 shares for some investor categories

7. Who is the registrar of Helloji Holidays IPO?

Masitha Securities Pvt Ltd

8. Where will Helloji Holidays IPO be listed?

On BSE-SME segment.

🎯 Should You Apply for Helloji Holidays IPO? (Investor View)

Helloji Holidays shows:

Strong financial growth
Rising profitability
A scalable business model
Healthy customer retention

But also:

High customer concentration risk
SME volatility
Dependency on external travel conditions

👉 Risk-averse investors should evaluate cautiously.
👉 Long-term investors comfortable with SME risk may consider applying after reviewing valuations and peer comparison.

📢 Final Thoughts

The Helloji Holidays IPO offers an interesting opportunity in the fast-growing travel and tourism sector. With rising profitability, expanding assets, and increasing demand for customised travel services, the company shows promising potential.

However, being an SME IPO, investors must carefully assess the associated risks, valuations, and listing expectations.

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