
Helloji Holidays Limited offers customized holiday packages and comprehensive end-to-end travel solutions, including domestic and international flight bookings, hotel reservations, cruises, and destination management services. The company caters to both individual leisure travellers (B2C) and corporate clients (B2B), with a significant portion of its revenue derived from the corporate segment. It also provides value-added services such as travel insurance, passport assistance, and visa facilitation, positioning itself as a one-stop provider for diverse travel needs.
Dec 02, 2025
Dec 04, 2025
Dec 09, 2025
SME
Closed
10.96 Cr
10.96 Cr
0 Cr
₹110 - ₹118
1200
The company intends to utilize the net proceeds from the issue for the following main objectives:
To meet the working capital requirements of the company, which are expected to increase due to a strategic shift towards pre-purchasing airline tickets as inventory and offering extended credit periods to corporate clients to attract new business.
To fund capital expenditure towards the purchase of software, including a web-based package booking tool and a corporate travel booking platform, aimed at automating operations, enhancing client self-service, increasing productivity, and enabling remote operations.
To utilize the balance funds for general corporate purposes, which may include funding strategic initiatives, opening new offices, brand building activities, and meeting other ongoing corporate contingencies.
4.71
4.84
50.78%
44.38%
33.51%
—
7.45%
10.07%
4.71
Established operational base with over a decade of experience, building credibility and strong client relationships in the corporate travel segment.
A B2B-dominant revenue model that provides a buffer against fluctuations in discretionary B2C travel demand.
Offers comprehensive, integrated travel solutions, positioning itself as a one-stop travel partner for enterprise clients.
Maintains a strong supplier network with long-term alliances, enabling competitive pricing and custom service bundles.
Low brand visibility in the B2C segment, limiting potential for direct retail expansion and cross-selling opportunities.
A potential digital maturity gap compared to tech-forward Online Travel Agencies (OTAs) with advanced AI-personalization and dynamic pricing.
High reliance on manual, human-led account management and offline processes, which could constrain scalability.
Geographic concentration in major metro hubs, which may hinder client acquisition in growing Tier 2/3 cities and industrial corridors.
The resurgence of corporate and MICE (Meetings, Incentives, Conferences, and Events) travel is creating renewed demand for reliable travel partners.
Developing proprietary SaaS-based corporate travel tools for expense tracking and policy enforcement to deepen client integration.
Potential for geographic expansion by targeting the Indian diaspora and key international business corridors.
Strategic partnerships with fintech companies for travel financing or HRMS platforms for integrated employee travel solutions.
Intense margin pressure from large OTA giants that leverage bulk discounts, reward programs, and aggressive pricing models.
Increasing compliance and regulatory overhead related to dynamic cross-border travel policies, data norms, and visa requirements.
High sensitivity to macroeconomic conditions, as corporate travel budgets are often reduced during economic slowdowns.
Risk of technology obsolescence if the company lags in investing in automation, AI, and digital user experience compared to new travel tech startups.