Waterways Leisure Tourism Limited Link 
Allotment
Waterways Leisure Tourism Limited, operating under the Cordelia Cruises brand, is India’s leading premium cruise tourism company. The company offers luxury cruise vacations across domestic and international destinations, providing hospitality, entertainment, dining, and leisure experiences to travelers through its cruise operations.
Cordelia Cruises (Waterways Leisure Tourism) IPO will open for subscription on June 23, 2026, and close on June 25, 2026. The company plans to raise approximately ₹585 crore through a fresh issue, with a price band of ₹769 to ₹808 per share. The IPO is scheduled to be listed on BSE and NSE on July 1, 2026, while the allotment is expected on June 29, 2026.
₹808
0%
Open
₹808
HIgh - Low
₹808
Previous Close
₹808
Total Traded Value
0
52 Weeks High
₹808
52 Weeks Low
₹808
Updates On
Jun 15, 2026
IPO. Open
Jun 23, 2026
IPO. Close
Jun 25, 2026
IPO. Price
₹808.00
IPO Market price
To be declared
IPO Details
| IPO Date | 1 Jul |
| IPO Listing Date | 1 Jul |
| IPO Face Value | ₹10 Per Equity Share |
| IPO Price Range | ₹808.00 |
| IPO Issue Size | 72,40,099 Equity Shares |
| IPO Sale Type | Fresh capital cum OFS |
| Employee Discount | |
| IPO Issue Type | Book build Issue |
| IPO Listing | BSE NSE Platform |
| hare Holding Pre Issue | 6,51,54,444 shares |
IPO Timeline
| IPO Open Date | 23 Jun |
| IPO Close Date | 25 Jun |
| IPO Allotment (Tentative) | 29 Jun |
| Refunds | 30 Jun |
| Credit to Demat Account | 30 Jun |
| IPO Listing Date | 1 Jul |
IPO Reservation
| Category | Offer |
|---|---|
| QIB Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Retail Shares Offered | - |
IPO Lot Size
–
| Application | Lots | Share | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 18 | ₹14,544 |
| Retail (Max) | 13 | 234 | ₹1,89,072 |
| S-HNI (Min) | 14 | 252 | ₹2,03,616 |
| S-HNI (Max) | 68 | 1,224 | ₹9,88,992 |
| B-HNI (Min) | 69 | 1,242 | ₹10,03,536 |
Waterways Leisure Tourism Limited, operating under the Cordelia Cruises brand, is India’s leading domestic ocean cruise operator. The company offers premium cruise vacations featuring luxury accommodation, entertainment, dining, and leisure experiences. Through its cruise operations, Cordelia Cruises serves popular domestic destinations such as Mumbai, Goa, Kochi, Chennai, Lakshadweep, Visakhapatnam, and Puducherry, along with international destinations including Sri Lanka, Thailand, Singapore, and Malaysia. The company focuses on delivering an Indian-themed luxury cruising experience while promoting cruise tourism across India.
Product / Service Portfolio
Domestic Cruise Vacations
International Cruise Packages
Luxury Cruise Accommodation
On-board Dining Services
Entertainment & Live Shows
Family Holiday Cruises
Wedding & Celebration Cruises
Corporate Event Cruises
Group Travel Packages
Shore Excursions & Destination Experiences
Web Check-in & Travel Services
Premium Hospitality Services
Company Financials (Consolidated)
| Assets | 341.78 | 247.37 | 399.20 |
| Total Income | 586.99 | 597.68 | 452.15 |
| Profit After Tax | 52.14 | 168.19 | -122.73 |
| EBITDA | 117.48 | 215.46 | 111.15 |
| NET Worth | 80.2 | 32.78 | -118.07 |
| Reserves and Surplus | 15.05 | -31.90 | -182.75 |
| Total Borrowing | 101.90 | 30.44 | 5.18 |
Key Performance Indicator (KPI)
| ROE | 0.92% |
| ROCE | 1.14% |
| Debt/Equity | 1.27 |
| RoNW | 92.70% |
| PAT Margin | 0.09% |
| EBITDA Margin | 0.20% |
| Price to Book Value | - |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | - |
| 2 | To meet out the expenses of Working Capital Requirement | - |
| 3 | To meet out the General Corporate Purposes; | - |
| 4 | Offer for Sale (OFS) | - |
Contact Details
Waterways Leisure Tourism Ltd.
A-1601, Marathon Futurex,
NM Joshi Marg,
Lower Parel, Delisle Road,
Mumbai, Maharashtra, 400013
Phone: +9102271541821
Email: cs@waterways-leisure.com
Website: http://www.cordeliacruises.com/
Detail Registrar
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
The IPO opens for subscription on June 23, 2026.
The IPO closes on June 25, 2026.
The price band is ₹769 to ₹808 per equity share.
The company plans to raise approximately ₹585 crore through the IPO.
The basis of allotment is expected to be finalized on June 29, 2026.
The shares will be listed on both BSE and NSE.
The company operates premium cruise tourism services under the Cordelia Cruises brand.
Market leadership, strong brand recognition, diverse cruise routes, and growth potential in cruise tourism.
Tourism dependency, high operating costs, economic slowdowns, and travel-related disruptions.
Growth is expected from rising cruise tourism demand, route expansion, increasing disposable incomes, and government support for tourism infrastructure.
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