Waterways Leisure Tourism IPO Details Future Prospects

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.

Waterways Leisure Tourism IPO Details

Waterways Leisure Tourism IPO Dates

Fianancials of Waterways Leisure Tourism

Strengths

India’s only domestic ocean cruise operator with a strong market position.
Well-recognized Cordelia Cruises brand in the growing cruise tourism sector.
Diverse domestic and international cruise destinations.

Risks

Business is highly dependent on tourism demand and consumer discretionary spending.
High operating and maintenance costs associated with cruise vessels.
Vulnerable to economic slowdowns, travel restrictions, and geopolitical events.

About Company

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

Waterways Leisure Tourism IPO GMP Day 1

Stay updated with the latest Waterways Leisure Tourism IPO GMP (Grey Market Premium), Kostak rates, and Subject to Sauda rates. Also known as the Cordelia Cruises IPO, Waterways Leisure Tourism has started attracting attention in the grey market ahead of its public issue. Follow the latest GMP trends and market sentiment to gauge investor interest and potential listing performance.

Waterways Leisure Tourism IPO GMP reached a high of ₹54 on 18 June 2026, while the lowest GMP recorded was ₹12 on 23 June 2026. The IPO opened for subscription on 23 June 2026 and is a Mainboard IPO aiming to raise ₹585 crore. The company has fixed the IPO price band at ₹769 to ₹808 per equity share, with a market lot size of 18 shares.

Waterways Leisure Tourism IPO GMP Live Rates day by day with Kostak rates.

Date	IPO GMP	GMP Trend	Gain
23 June	₹12		1.49%
22 June	₹26		3.22%
20 June	₹45		5.57%
19 June	₹20		2.48%
18 June	₹54		6.68%

Waterways Leisure Tourism IPO Subscription Status – Day 1

Waterways Leisure Tourism IPO Allotment

On Registrar Website (Waterways Leisure Tourism )

Step 1: Visit the Waterways Leisure Tourism
Step 2: Select Waterways Leisure Tourism IPO from the dropdown list
Step 3: Enter any one of the required details: PAN number, Application Number, or Demat Account Number
Step 4: Click on the “Search” button
Step 5: Your allotment status will be displayed on the screen

On NSE:

• Go to the applications status page on NSE
• Choose the ‘Click here to sign up’ option and complete the registration process using your PAN details.
• Enter your username, password, and captcha code on the subsequent page.
• Once logged in, navigate to the designated section to check the IPO allotment status.

On BSE:

• Go to the applications status page on BSE
• In the ‘Issue Type’ section, opt for ‘Equity’ and pick the Adisoft Technologies Ltd IPO from the dropdown menu labelled ‘Issue Name’.
• Enter either your PAN or application number, then click the ‘Submit’ button.

Waterways Leisure Tourism IPO Listing

Cordelia Cruises (Waterways Leisure Tourism) IPO listed at a discount of 15.72% on the NSE and 14.60% on the BSE, opening at ₹681 and ₹690, respectively, against its issue price. The IPO’s last reported GMP was ₹0 before listing. The issue was subscribed 1.17 times overall, with the retail portion subscribed 1.09 times, QIBs 1.30 times, and NIIs 0.55 times.

Waterways Leisure Tourism IPO Listing Details 

FAQs

1. What is the Waterways Leisure Tourism IPO opening date?

The IPO opens for subscription on June 23, 2026.

2. When will the Waterways Leisure Tourism IPO close?

The IPO closes on June 25, 2026.

3. What is the price band of the Waterways Leisure Tourism IPO?

The price band is ₹769 to ₹808 per equity share.

4. What is the total issue size of the IPO?

The company plans to raise approximately ₹585 crore through the IPO.

5. When is the IPO allotment date?

The basis of allotment is expected to be finalized on June 29, 2026.

6. On which exchanges will the shares be listed?

The shares will be listed on both BSE and NSE.

7. What business does Waterways Leisure Tourism operate?

The company operates premium cruise tourism services under the Cordelia Cruises brand.

8. What are the major strengths of the company?

Market leadership, strong brand recognition, diverse cruise routes, and growth potential in cruise tourism.

9. What are the key risks associated with the company?

Tourism dependency, high operating costs, economic slowdowns, and travel-related disruptions.

10. What are the future growth prospects of Waterways Leisure Tourism?

Growth is expected from rising cruise tourism demand, route expansion, increasing disposable incomes, and government support for tourism infrastructure.