Waterways Leisure Tourism IPO Opens On 23rd June, Sets Price Band At Rs 769 to Rs 808 Per Share

Centrum Broking Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.

The issue proceeds will be utilized in Payment towards deposit/ advanced lease rental and monthly lease payments to stepdown subsidiary, Baycruise Shipping and Leasing (IFSC) Pvt.Ltd. (Baycruise IFSC) and general corporate purposes. 

On Monday, June 29, 2026, the shares for the Waterways Leisure Tourism IPO are anticipated to be allotted, and on Tuesday, June 30, 2026, the shares will be credited to the demat account of the allottees. The issue is entirely a fresh issue of 0.72 crore shares of ₹585.00 crore.

The lot size for an application is 18 shares. The minimum amount of investment required by an individual investor (retail) is ₹14,544 (18 shares) (based on upper price). The lot size investment for sNII is 14 lots (252 shares), amounting to ₹2,03,616, and for bNII, it is 69 lots (1,242 shares), amounting to ₹10,03,536.

Waterways Leisure Tourism Ltd.’s revenue decreased by 2% and profit after tax (PAT) dropped by 69% between the financial year ending with March 31, 2026 and March 31, 2025.

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.

Disclaimer: This article is for informational purposes only and does not constitute financial advice.