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Waterways Leisure Tourism Limited IPO

Waterways Leisure Tourism Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
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Waterways Leisure Tourism Limited's is preparing to launch its Initial Public Offering (IPO) with a substantial issue size of TBD. The offering comprises a fresh issue component of TBD.

The price band for the IPO has been set at TBD, providing investors with a range to place their bids. The minimum investment lot consists of TBD, making it accessible to both retail and institutional investors.

The subscription window for this public offering opens on TBD and will conclude on TBD. Following the subscription period, the share allotment is scheduled for TBD, with the official listing expected to commence on TBD on the NSE, BSE exchange.

Waterways Leisure IPO Details
Waterways Leisure IPO Key Performance Indicator
Company Financials ( In Crores )

Waterways Leisure IPO About Company

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.

Waterways Leisure IPO Strength Factors

  1. Unique Market Position: Operates India’s only domestic ocean cruise line, giving it a rare niche in tourism.
  2. Strong Brand & Experience: Offers premium cruises with dining, entertainment, and leisure facilities for both leisure and event travellers.
  3. Loyal Customer Base: Has hosted a large number of guests, creating repeat business and brand recognition.
  4. Expansion Plans: Adding new cruise ships will increase capacity and route options, supporting long-term growth.
  5. Experienced Management: Leadership has experience in cruise operations and tourism management.
  6. Growing Market Share: Already holds a significant share of India’s domestic cruise market.

Waterways Leisure IPO Risk Factors

  1. Financial Volatility: Has reported losses in recent years, showing earnings instability.
  2. Asset Concentration: Currently operates a small fleet, so downtime or operational issues can significantly affect revenue.
  3. Low Operating Margins: High fixed costs like fuel and maintenance make profitability sensitive.
  4. Cyclical Demand: Revenue depends on tourism trends, seasonality, and economic conditions.
  5. Expansion Costs: Growing fleet and routes requires heavy capital investment, and competition could pressure pricing.

Waterways Leisure IPO Lead Manager(s)

  • Centrum Capital Limited
  • Intensive Fiscal Services Private Limited
  • Motilal Oswal Investment Advisors Limited

Waterways Leisure IPO Promoter(s)

  1. Global Shipping and Leisure Limited
  2. Rajesh Chandumal Hotwani

Waterways Leisure IPO Company Details

Waterways Leisure Tourism Limited
Phone:
address:

Waterways Leisure IPO Registrar

Link Intime India Private Limited
Name:
Phone:

Waterways Leisure IPO FAQs