Helloji Holidays IPO

About Helloji Holidays IPO

The offer consists of a fresh issue component. The fresh issue will include 9,28,800 shares (aggregating up to ₹10.96 crores). The total number of shares is 9,28,800 shares and the aggregate amount is up to ₹10.96 crores. The price range is ₹110 to ₹118. The minimum investment/per lot is ₹2,83,200.

The Helloji Holidays IPO opens on Tuesday, 2 December 2025 and closes on Thursday, 4 December 2025. The allotment of shares will take place on Friday, 5 December 2025. The credit of shares to the demat account will take place on Monday, 8 December 2025. The initiation of refunds will take place on Monday, 8 December 2025. The listing of shares will take place on Tuesday, 9 December 2025.

Helloji Holidays provides a wide range of travel services, including domestic and international air ticketing, inbound and outbound tour packages, and global hotel, resort, and cruise reservations. In addition, they offer ancillary services such as travel insurance, passport and visa facilitation, luxury car rentals, and other related travel support. Their offerings are designed to cater to individuals, families, groups, and corporate clients, with a strong focus on meeting the requirements of business and institutional travel.

Objectives of Helloji Holidays

• To meet the working capital requirements of the company.
• Capital expenditure towards purchase of software.
• General corporate purposes.

Industry Outlook

The global travel and tourism industry was valued at USD 10,90,000 crores in CY 2024, marking a strong recovery from the pandemic-induced downturn and significantly exceeding its CY 2019 value of USD 9,60,000 crores. This growth reflects not just a return to normalcy but an expansion of the sector beyond pre-COVID levels.

The industry’s rebound has been fuelled by a surge in leisure travel, easing of international travel restrictions, increased digital adoption in bookings, and rising disposable incomes in emerging markets. With these favourable trends, the sector is projected to surpass USD 11,00,000 crores by CY 2025. According to the World Travel & Tourism Council (WTTC), the upward momentum is expected to continue as global mobility improves, and travel confidence strengthens further.

Helloji Holidays Company Information

Helloji Holidays offers customised holiday packages for leisure travellers and provides end-to-end travel solutions, including domestic and international flight bookings, hotel and resort reservations, cruises, luxury car rentals, sightseeing, and destination management services.

Their offerings are designed for both individual travellers and groups, including corporate bookings. In addition to core travel services, they also provide value-added services such as travel insurance, and passport and visa assistance. Their focus remains on delivering tailored travel solutions that fulfil customer aspirations and create memorable journeys.

Strengths of Helloji Holidays

• A synergistic distribution model targeting business and leisure travellers.
• Customer retention base.
• Organisational stability supported by strong management expertise.
• Experienced and competent team.
• Wide range of offerings.

Risks of Helloji Holidays

• An outbreak of a pandemic like the COVID-19 pandemic.
• Loss of one or more of their top 5 customers & top 10 customers.
• Any prolonged disruption in services from their third-party providers.
• Any disruption in the supply or increase in the cost of travel products and services.
• Competition from organised and unorganised players.

*As of the date of this Red Herring Prospectus, Helloji Holidays focuses exclusively on providing services related to tourism and travel. Additionally, some of the listed peers are significantly larger in terms of operational and financial scale, making direct comparisons with Helloji Holidays less appropriate. However, in the listed space the above - mentioned companies are our nearest listed peer.

Note: 1. The peer group figures based on audited standalone / consolidated financials as on and for the financial year ended March 31, 2025.

2. P/E figures for the peer is computed based on closing market price as on November 24, 2025, of relevant peer companies as available at BSE, (available at www.bseindia.com) divided by Basic EPS for Fiscal 2025 reported in the filings made with stock exchanges.

3. Based on the Issue Price to be determined on conclusion of book building process and the basic EPS of Helloji Holidays.

4. Return on net worth (%) = Net profit after tax * 100 / Net worth at the end of the financial year 2025. 5. Net Asset value per share = Net worth at the end of the financial year / No. of shares outstanding at the end of financial year 2025.

Anchor Investor Bidding Date: Monday, 01 December 2025

Registrar: Maashitla Securities Private Limited Book Running Lead Managers: Khambatta Securities Limited

Helloji Holidays Business Model

The company earns its revenue through the following: Offering customised holiday packages for leisure travellers and providing end-to-end travel solutions, including domestic and international flight bookings, hotel and resort reservations, cruises, luxury car rentals, sightseeing, and destination management services.

Helloji Holidays Company Growth Trajectory

The total income of Helloji Holidays has increased from ₹25.97 crores in fiscal 2024 to ₹28.18 crores in fiscal 2025.

The revenue from operations of Helloji Holidays has increased from ₹25.97 crores in fiscal 2024 to ₹28.12 crores in fiscal 2025.

Their profit after tax increased by ₹0.29 crores or 16.15% to ₹2.10 crores for fiscal 2025 as compared to ₹1.80 crores for fiscal 2024.

Their EBITDA increased by ₹0.20 crores, or 7.63% to ₹2.83 crores for fiscal 2025 from ₹2.63 crores for fiscal 2024.

Helloji Holidays Market Position

Helloji Holidays operates across the leisure holiday value chain through both B2B (corporate, agents and institutional clients) and B2C (retail travellers) channels. Their stronghold remains in the corporate segment, which contributes the majority of their revenue. Their network and destination knowledge allow them to aggregate demand from across India and deliver cost-effective travel solutions to their clients, irrespective of the destination.

As of 31 March 2025, the company’s Total Income, Profit After Tax, and EBITDA were ₹28.179 crores, ₹2.096 crores, and ₹2.832 crores, respectively.

How to apply for Helloji Holidays IPO?

• Step 1: Log in to your Kotak Neo Demat account - Log in to your Demat account to access IPO investments. Next, select the current IPO section.
• Step 2: Specify IPO details - Enter the number of lots and the price you wish to apply for.
• Step 3: Enter UPI ID - After entering your UPI ID, click submit. This will place your bid with the exchange.
• Step 4: Mandate Notification - Your UPI app will receive a mandate notification to block funds.
• Step 5: Approve Request - Your funds will be blocked once you approve the mandate request on your UPI.