Waterways Leisure Tourism IPO Day 2: Check GMP, Subscription Status & Key Highlights

The ₹585 crore Waterways Leisure Tourism IPO entered its second day of bidding today, 24 June 2026,  with a price band of ₹769-₹808 per share. As of 10:45 AM on Day 2, the issue was subscribed 0.29 times, while the Grey Market Premium (GMP) was around 1% over the issue price.

The issue will remain open until June 25, with the basis of allotment expected to be finalised on June 29, 2026. The company's shares are tentatively scheduled to list on both the BSE and NSE on July 1, 2026.

Waterways Leisure Tourism IPO - Issue Details

• Issue Type: Book Building IPO (Fresh Issue Only)
• Total Issue Size: ₹585.00 crore
• Fresh Issue: ₹585.00 crore
• Face Value: ₹10 per equity share
• Price Band: ₹769 to ₹808 per share
• Lot Size: 18 shares
• Minimum Investment Amount: ₹14,544 per lot (based on upper price band)
• Listing: BSE, NSE
• Book Building Lead Manager: Centrum Broking Limited
• Registrar: MUFG Intime India Private Limited

Explore other Upcoming IPOs on BSE and NSE.

Utilisation of Waterways Leisure Tourism IPO Proceeds 

The company intends to utilise the net proceeds from the fresh issue towards:

• Payment towards deposits/ advance lease rental and monthly lease payments to our step-down subsidiary, Baycruise Shipping and Leasing (IFSC) Private Limited (“Baycruise IFSC”).
• General corporate purposes.

Waterways Leisure Tourism IPO Timeline (Tentative)

The expected IPO schedule is as follows:

Note: The allotment and listing dates are tentative and may be revised

Waterways Leisure Tourism IPO Day 2 Subscription Status

[June 24, 2026, 10:45 AM]

Waterways Leisure Tourism IPO GMP Today

According to media reports, the Waterways Leisure Tourism IPO was commanding a Grey Market Premium (GMP) of around 1% over its issue price.

About Waterways Leisure Tourism Limited

Founded in 2020, Waterways Leisure Tourism Limited stands as a premier ocean cruise provider in India, delivering high-end holiday voyages under the Cordelia Cruises brand. The operator integrates luxury accommodation, diverse dining, and entertainment with routes that include major domestic coastal hubs and various international destinations.

The company utilizes the MV Empress for its operations, a vessel equipped with 796 cabins and the ability to host more than 2,000 travelers.

As of March 31, 2026, the company had hosted over 730,000 passengers across voyages totaling more than 321,000 nautical miles.

Key Financials 

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