Comparison between Helloji Holidays IPO and Marushika Technology IPO.
Helloji Holidays IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Marushika Technology IPO is a SME Bookbuilding proposed to list at NSE SME.
| Helloji Holidays IPO | Marushika Technology IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Khambatta Securities Ltd. | NEXGEN Financial Solutions Pvt.Ltd. |
| Registrar | Maashitla Securities Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Prabhat Financial Services Ltd. | Nikunj Stock Brokers Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Helloji Holidays IPO is up to ₹10.41 Cr whereas the issue size of the Marushika Technology IPO is up to ₹25.61 Cr. The final issue price of Helloji Holidays IPO is ₹118.00 per share and of Marushika Technology IPO is ₹117.00 per share.
| Helloji Holidays IPO | Marushika Technology IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹110.00 per share | ₹111.00 per share |
| Issue Price (Upper) | ₹118.00 per share | ₹117.00 per share |
| Issue Price (Final) | ₹118.00 per share | ₹117.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 1200 shares |
| Fresh Issue Size | 8,82,000 shares | 21,88,800 shares |
| Fresh Issue Size (Amount) | up to ₹10.41 Cr | up to ₹25.61 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 8,82,000 shares | 21,88,800 shares |
| Issue Size Total (Amount) | up to ₹10.41 Cr | up to ₹25.61 Cr |
Helloji Holidays IPO opens on Dec 02, 2025, while Marushika Technology IPO opens on Feb 12, 2026. The closing date of Helloji Holidays IPO and Marushika Technology IPO is Dec 04, 2025, and Feb 16, 2026, respectively.
| Helloji Holidays IPO | Marushika Technology IPO | |
|---|---|---|
| Anchor Bid Date | Dec 01, 2025 | Feb 11, 2026 |
| Issue Open | Dec 02, 2025 | Feb 12, 2026 |
| Issue Close | Dec 04, 2025 | Feb 16, 2026 |
| Basis Of Allotment (Tentative) | Dec 05, 2025 | Feb 17, 2026 |
| Initiation of Refunds (Tentative) | Dec 08, 2025 | Feb 18, 2026 |
| Credit of Share (Tentative) | Dec 08, 2025 | Feb 18, 2026 |
| Listing date (Tentative) | Dec 09, 2025 | Feb 19, 2026 |
| Anchor Lockin End date 1 | Jan 06, 2026 | Mar 19, 2026 |
| Anchor Lockin End date 2 | Mar 07, 2026 | May 18, 2026 |
Helloji Holidays IPO P/E ratio is 14.07, as compared to Marushika Technology IPO P/E ratio of 11.6.
| Helloji Holidays IPO | Marushika Technology IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Standalone)Helloji Holidays Ltd.'s revenue increased by 8% and profit after tax (PAT) rose by 16% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 96 | 79.71 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 70 | 58.19 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 14.07 | 11.6 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹40.46 Cr. | ₹99.88 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 50.78 | 52.77 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 44.38 | 26.88 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.01 | 1.39 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.39 | ₹10.09 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 33.51 | 52.77 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Helloji Holidays IPO Retail Individual Investors (RII) are offered 3,08,400 shares while in Marushika Technology IPO retail investors are offered 3,08,400 shares. Qualified Institutional Buyers (QIB) are offered 1,75,200 shares in Helloji Holidays IPO and 4,35,600 shares in Marushika Technology IPO.
| Helloji Holidays IPO | Marushika Technology IPO | |
|---|---|---|
| Anchor Investor Reservation | 2,64,000 shares | 6,51,600 shares |
| Market Maker Reservation | 48,000 shares | 1,16,400 shares |
| QIB | 1,75,200 shares | 4,35,600 shares |
| NII | 1,33,200 shares | 3,31,200 shares |
| RII | 3,08,400 shares | 7,70,400 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 8,80,800 shares | 21,88,800 shares |
Helloji Holidays IPO subscribed 21.12x in total, whereas Marushika Technology IPO subscribed 12.60x.
| Helloji Holidays IPO | Marushika Technology IPO | |
|---|---|---|
| QIB (times) | 34.40x | 2.92x |
| NII (times) | 41.60x | 41.00x |
| Big NII (times) | 50.86x | 50.69x |
| Small NII (times) | 23.08x | 21.92x |
| RII (times) | 22.80x | 16.51x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 21.12x | 12.60x |
