
Consumer Discretionary · NSE / BSE
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.
Price Band
₹769 – ₹808
Issue Size
₹724.01 L Cr
Lot Size
18 shares
GMP
-5.8%
Est. Listing
₹761
at current GMP
Subscribed
1.72x
overall
Open
23 Jun 2026
Close
25 Jun 2026
Allotment
29 Jun 2026
Refund
30 Jun 2026
Demat Credit
1 Jul 2026
Listing
1 Jul 2026
Designated Registrar: Link Intime India Private Limited
Allotment Date
29 Jun 2026
Basis finalization
Refunds Initiate
30 Jun 2026
Mandate release
Demat Credit
1 Jul 2026
Shares in demat
Listing Debut
1 Jul 2026
Trading begins
Waterways Leisure Tourism Limited is bringing an initial public offering (IPO) in the Consumer Discretionary sector with an aggregate issue size of ₹72,40,099 Crores. The shares are offered at a price band of ₹769 to ₹808 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 18 shares (approx. ₹14,544 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-07-01, while un-allotted funds or UPI block mandates will be released on 2026-06-30.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.