Helloji Holidays is set to list on the BSE SME platform on December 9. The company’s IPO saw strong demand, closing 30.16 times subscribed. Despite a modest grey market premium, investors anticipate its debut. Helloji Holidays operates in the travel and tourism sector, offering customized packages and end-to-end travel solutions. The IPO proceeds will fund working capital and software systems.
Jio IPO breaks multiple records: From fundraising to investor demand, how the mega issue rewrote India’s IPO history
The issue set records across fundraising, anchor investor demand and applications, while attracting the highest qualified institutional buyer (QIB) subscription among India’s five largest IPOs.