Waterways Leisure Tourism IPO Details

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Waterways Leisure Tourism IPO Summary

Waterways Leisure Tourism IPO opens for subscription on 23 Jun 2026 and closes on 25 Jun 2026.The IPO will be listed on NSE, BSE with the tentative listing date set for 01 Jul 2026.

Waterways Leisure Tourism IPO price band has been fixed at ₹769 – ₹808 per share. The face value is ₹10 per share with a lot size of 18.

Waterways Leisure Tourism IPO total issue size comprises 72,40,099 shares (aggregating up to ₹585.00 Cr). This includes a fresh issue of 72,40,099 shares (aggregating up to ₹585.00 Cr). Pre-issue shareholding stands at 6,51,54,444, which will increase to 6,51,54,444 post-issue.

Waterways Leisure Tourism IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.

Waterways Leisure Tourism IPO Lot Size :Retail Minimum is 1 lot (18 shares) amounting to ₹14,544. Retail Maximum is 13 lots (234 shares) amounting to ₹189,072. SHNI Minimum is 14 lots (252 shares) amounting to ₹203,616. SHNI Maximum is 68 lots (1,224 shares) amounting to ₹988,992. BHNI Minimum is 69 lots (1,242 shares) amounting to ₹1,003,536.

The Lead Managers for Waterways Leisure Tourism IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Motilal Oswal Investment Advisors Ltd, Intensive Fiscal Services Pvt Ltd, Centrum Capital Ltd . To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For detailed information, Refer to the Waterways Leisure Tourism Limited RHP.

Waterways Leisure Tourism IPO Details

Open Date

23 Jun 2026

Close Date

25 Jun 2026

Listing Date

01 Jul 2026

Issue Price

₹769 - ₹808

Face Value

₹10 per share

Lot Size

18 Shares

GMP

₹0

Issue Type

IPO

Listing On

NSE, BSE

Type

Book Built Issue

Pre-issue Shareholding

6,51,54,444 shares

Post-issue Shareholding

6,51,54,444 shares

Total Issue Size

72,40,099 shares(aggregating up to ₹585.00 Cr)

Fresh Issue

72,40,099 shares(aggregating up to ₹585.00 Cr)

Offer for Sale

Waterways Leisure Tourism IPO Dates

23 Jun 2026
Opening dateOpen
25 Jun 2026
Closing dateClose
29 Jun 2026
Allotment Date Allotment
30 Jun 2026
Initiation of RefundsRefund
30 Jun 2026
Credit of SharesCredit
01 Jul 2026
Listing dateListing

Waterways Leisure Tourism IPO Lot Size

Application	Lots	Shares	Amount
Retail Minimum	1	18	₹14,544
Retail Maximum	13	234	₹189,072
SHNI Minimum	14	252	₹203,616
SHNI Maximum	68	1224	₹988,992
BHNI Minimum	69	1242	₹1,003,536

Waterways Leisure Tourism IPO Reservation

Promoter Holding

Pre Issue:

99.27%

Post Issue:

89.35%

Promoter Names:

Global Shipping, Leisure Limited, Rajesh Chandumal Hotwani.

Documents

DRHP

Waterways Leisure Tourism IPO DRHP

RHP

Waterways Leisure Tourism IPO RHP

Waterways Leisure Tourism IPO Valuations

ROE2.19%

ROCE0.61%

RoNW218.94%

PAT Margin-0.27%

Waterways Leisure Tourism Financial Information

Period Ended	31 Dec 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	243.79	327.93	307.02	57.80
Total Income	414.21	450.20	486.22	136.75
Profit After Tax	139.25	-119.96	55.31	-114.98
NET Worth	24.38	-114.77	5.19	-114.85
Reserves and Surplus	-40.26	-179.51	-59.55	-114.87
Total Borrowing	4.40			73.51
Amount in ₹ Crore

About Waterways Leisure Tourism IPO

Incorporated in November 2020, Waterways Leisure Tourism Limited is one of India’s leading domestic ocean cruise operators, offering luxury cruise experiences focused on Indian culture, hospitality, entertainment, and cuisine. The company operates the cruise vessel MV Empress, which sails to destinations including Mumbai, Goa, Kochi, Chennai, Lakshadweep, Visakhapatnam, Puducherry, and select international destinations such as Sri Lanka, Thailand, Singapore, and Malaysia.

As of March 31, 2026, over 730,000 guests had sailed on its cruises, covering more than 321,000 nautical miles. The company held approximately 79% market share by value in India’s domestic ocean cruise industry in Fiscal 2025. MV Empress features 796 cabins, including suites, ocean-view cabins, and interior staterooms, along with amenities such as restaurants, entertainment shows, casino, spa, fitness center, swimming pools, gaming arcade, children's academy, and MICE and wedding facilities.

The company follows an asset-light operating model by outsourcing key cruise functions such as food & beverage, housekeeping, crewing, and entertainment, enabling operational efficiency and scalability. A majority of bookings are generated directly through its website, mobile application, call centers, and customer service channels. Waterways Leisure Tourism is positioned to benefit from the growing cruise tourism industry in India and plans to expand its fleet with Norwegian Sky and Norwegian Sun.

As of March 31, 2026, the company had 245 permanent employees.

Strength Of Waterways Leisure Tourism IPO

To be announced

Risk Of Waterways Leisure Tourism IPO

To be announced

Objectives Waterways Leisure Tourism IPO

1. Payment towards deposit/ advanced lease rental and monthly lease payments to our stepdown subsidiary, Baycruise Shipping and Leasing (IFSC) Private Limited (“Baycruise IFSC”).

2. General corporate purposes

Company Contact Details

A-1601, Marathon Futurex, NM Joshi Marg, Lower Parel, Delisle Road,
Mumbai, Maharashtra , 400013
Phone: +9102271541821
Email: cs@waterways-leisure.com
Website: https://www.cordeliacruises.com/

Registrar Contact Details

Name:

MUFG Intime India Pvt Ltd

Phone:

+91-22-4918 6270

Email:

waterwaysleisure.ipo@in.mpms.mufg.com

Website:

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

Lead Mangers

Waterways Leisure Tourism FAQs

The Waterways Leisure Tourism IPO is a MAINBOARD public issue comprising 7240099 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹585.00 Cr. The issue price has been fixed at ₹808 per equity share, and the minimum application size is 18 shares.

The IPO opens for subscription on 23 Jun 2026, and closes on 25 Jun 2026.

MUFG Intime India Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).

The Waterways Leisure Tourism IPO opens on 23 Jun 2026.

Waterways Leisure Tourism IPO lot size is 18, and the minimum amount required for application is ₹14544.

You may apply for the Waterways Leisure Tourism IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the Waterways Leisure Tourism IPO is scheduled to be finalized on 29 Jun 2026. Subsequently, the shares allotted will be credited to investors’ demat accounts by 30 Jun 2026. Investors are advised to regularly check the Waterways Leisure Tourism IPO allotment status for updates.

The listing date for the Waterways Leisure Tourism IPO has not yet been officially announced. However, the tentative listing date is scheduled for 01 Jul 2026.

Waterways Leisure Tourism IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at ₹0 (0%).