Waterways Leisure Tourism Limited
IPO Details
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Company Fin.
₹6(0.74%)
Premium (ELP)
Waterways Leisure Tourism Limited's is currently accepting investment commitments through its live IPO, with a total issue size of 72,40,099 Shares. The fresh capital component of 72,40,099 Shares represents the complete public offering.
Investors can place their bids within the active price range of ₹769 to ₹808, starting from the minimum application size of 18 shares. The ongoing Subscription reflects market sentiment toward the company's valuation and prospects.
The Subscription window remains open until Jun 25, 2026, after which the allotment process will commence on Jun 29, 2026. Trading activities will initiate on Jul 01, 2026 across the NSE, BSE trading network.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Waterways Leisure Tourism, under its flagship brand Cordelia Cruises, operates India’s only premium cruise line, offering both domestic and international itineraries. Its current vessel, MV Express, primarily sails to domestic destinations including Mumbai, Goa, Kochi, Chennai, Lakshadweep, Visakhapatnam, and Puducherry, while also offering select international cruises to Sri Lanka (Hambantota, Trincomalee, Jaffna) and Southeast Asia (Phuket, Singapore, Kuala Lumpur, Langkawi). The company focuses on providing a vibrant cruise experience that blends international hospitality standards with Indian tastes across cuisine, entertainment, and onboard services.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
The expected premium is based on market buzz and online information. It should not be considered as the actual listing price or valuation. Always refer to the RHP and seek advice from a financial expert before making any investment decisions.
- Strong Growth Potential in Cruise Tourism : India's extensive coastline creates significant opportunities for domestic and international cruise operations.
- Rising Demand for Leisure Travel : Increasing disposable incomes and a growing middle class support long-term demand growth.
- Supportive Government Initiatives : Infrastructure development and favorable policies are expected to boost the cruise tourism industry.
- Low Market Penetration & Awareness : Cruise tourism remains a niche segment, which may limit customer adoption and demand growth.
- Infrastructure Constraints : Limited cruise terminals and supporting facilities could restrict industry expansion.
- Regulatory & Taxation Challenges : Changes in policies, regulations, or tax structures may impact profitability and growth prospects.
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