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Waterways Leisure Tourism IPO Details

IPO Overview

Price Band	₹769–₹808
Lot Size	18 shares
Min Investment	Min ₹14544
GMP	-₹51 (-6.31%)
Total Subscription	1.53 times
Status	Listed

Lot Size

Application	Lots	Shares	Amount
Retail (Min)	1	18	14544
Retail (Max)	13	234	189072
S-HNI (Min)	14	252	203616
S-HNI (Max)	68	1224	988992
B-HNI (Min)	69	1242	1003536

IPO Tentative Timetable

IPO Open Date	Jun 23, 2026
IPO Close Date	Jun 25, 2026
Allotment Date	Jun 29, 2026
Refund Initiation	Jun 30, 2026
Listing Date	Jul 01, 2026

IPO Detail

Face Value	₹10 per share
Price Band	₹769 to ₹808
Lot Size	18 Shares
Sale Type	Fresh capital only
Issue Type	Bookbuilding IPO
Listing At	BSE, NSE
Total Issue Size	72,40,099 shares (agg. up to ₹585 Cr)
Fresh Issue	72,40,099 shares (agg. up to ₹585 Cr)
Share Holding Pre Issue	6,51,54,444 shares

Valuations

E P S (₹)

P/ E (x)

Promoter Holding 89.35%

Company Financials (In Crore)

Period Ended	Assets	Total Income	Profit After Tax	E B I T D A	N E T Worth	Reserves And Surplus	Total Borrowing
31 Mar 2026	341.78	586.99	52.14	117.48	80.20	15.05	101.90
31 Mar 2025	247.37	597.68	168.19	215.46	32.78	-31.90	30.44
31 Mar 2024	399.20	452.15	-122.73	111.15	-118.07	-182.75	5.18

Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

S. No.	Objects Of The Issue	Expected Amount (in Crores)
1	Payment towards deposit/ advanced lease rental and monthly lease payments to stepdown subsidiary, Baycruise Shipping and Leasing (IFSC) Pvt.Ltd. (Baycruise IFSC).	480.01
2	General Corporate Purposes
	Total	480.01

About Company

Waterways leisure tourism operates in cruise tourism and hospitality under its flagship brand Cordelia Cruises — India’s only premium cruise line.

It currently operates "MV Express" cruise vessel, primarily sails to domestic destinations like Mumbai (Maharashtra), Goa, Kochi (Kerala), Chennai (Tamil Nadu), Lakshadweep, Visakhapatnam (Andhra Pradesh), and Puducherry.

It also offer international itineraries, including Hambantota, Trincomalee, and Jaffna (Sri Lanka) and have also sold cruise tickets for our first-time sail to destinations such as Phuket (Thailand), Singapore, Kuala Lumpur and Langkawi (Malaysia).

WLTPL offers a vibrant cruise culture, blending international standards with Indian tastes — spanning across cuisine, hospitality, entertainment, etc.

Competitive strengths

Pioneer and well-positioned in the ocean cruise tourism in India
India-focused cruise experience with diverse amenities
Significant direct bookings optimizing margins
Outsourced critical cruise operations for efficiency and scalability
Seasoned management team delivering financial growth

Promoters

Global Shipping and Leisure Limited and Rajesh Chandumal Hotwani are the company promoters.

Registrar

https://in.mpms.mufg.com/Initial_Offer/public-issues.html

Listed

Waterways Leisure Tourism IPO Details — Frequently Asked Questions

What is Waterways Leisure Tourism IPO?

Waterways Leisure Tourism IPO is a Mainline Initial Public Offering where the company raises capital by offering shares to the public. On this page you can find the price band (₹769–₹808), lot size, issue size, tentative dates, company financials, and other key details about the Waterways Leisure Tourism IPO.

What is the price band of Waterways Leisure Tourism IPO?

The price band for Waterways Leisure Tourism IPO is ₹769–₹808. Investors can bid within this range during the subscription period. The final issue price is typically set at the upper end of the band when the IPO is oversubscribed.

What is the lot size and minimum investment for Waterways Leisure Tourism IPO?

The market lot size for Waterways Leisure Tourism IPO is 18 shares shares. Retail investors need a minimum investment of approximately Min ₹14544 (one lot at the upper price band) to apply for this IPO.

When will Waterways Leisure Tourism IPO open and close for subscription?

Waterways Leisure Tourism IPO subscription is scheduled to open on Jun 23 and close on Jun 25. Investors can apply through their broker or bank using UPI or ASBA during this window.

What is the issue size of Waterways Leisure Tourism IPO?

The total issue size of Waterways Leisure Tourism IPO is 72,40,099 shares (agg. up to ₹585 Cr). This includes the fresh issue and offer for sale components as disclosed in the Red Herring Prospectus (RHP).

When is the Waterways Leisure Tourism IPO listing date?

The tentative listing date for Waterways Leisure Tourism IPO on the stock exchange (NSE/BSE) is Jul 01 2026. After allotment, shares are credited to your Demat account and trading begins on the listing day.

Is Waterways Leisure Tourism a Mainline IPO or SME IPO?

Waterways Leisure Tourism is classified as a Mainline IPO. Mainline IPOs are listed on the main board of NSE or BSE and typically have larger issue sizes and broader investor participation.

How can I apply for Waterways Leisure Tourism IPO?

To apply for Waterways Leisure Tourism IPO, open your broker app or bank net banking, select the IPO section, choose Waterways Leisure Tourism IPO, enter your bid quantity (in lots of 18 shares shares), select a price within ₹769–₹808, and authorize payment via UPI or ASBA. A Demat account and PAN card are mandatory.

Disclaimer

No financial information published within this application, including but not limited to information regarding securities or IPOs, should be considered as advice to buy or sell securities or to invest in IPOs, or as a guide to doing so in any way whatsoever. All content published in this application is provided solely for educational and informational purposes, and under no circumstances should it be used for making investment decisions. We are not a SEBI registered analyst.

Readers must consult a qualified financial advisor before making any actual investment decisions based on information published in this application. The information in this application is based on information available as of the date of publication, along with market perceptions, and may be subject to change without notice.