Cordelia Cruises (Waterways Leisure Tourism) IPO
Cordelia Cruises (Waterways Leisure Tourism) IPO is priced at ₹769–₹808 per share with an issue size of ₹585 crore. The IPO opens on Jun 23, 2026 and closes on Jun 25, 2026, with a lot size of 18 shares and a minimum investment of ₹14,544.
Waterways Leisure Tourism Limited IPO
- IPO Dates
- Jun 23, 2026 – Jun 25, 2026
- Price band
- ₹769-808 per equity share
- Minimum Investment
- ₹14,544
- Issue size
- ₹585 Cr
- Lot size
- 18
- Allotment Date
- Jun 29, 2026
- Listing
- Jul 1, 2026
- Listing At
- BSE, NSE
IPO timeline
-
Jun 23, 2026
Open Date
Completed
-
Jun 25, 2026
Close Date
Upcoming
-
Jun 29, 2026
Allotment Date
Upcoming
-
Jul 1, 2026
Listing Date
Upcoming
Cordelia Cruises (Waterways Leisure Tourism) IPO Expected Premium (Grey Market Trend)
Cordelia Cruises (Waterways Leisure Tourism) IPO GMP today is ₹11. Grey market premium (GMP) indicates expected listing sentiment.
Cordelia Cruises (Waterways Leisure Tourism) IPO expected premium (also known as grey market premium or GMP) indicates current market sentiment and potential listing expectations.
Expected Premium provided in this website is derived from market rumors. It is not a guaranteed indicator of the actual listing price and should be interpreted with caution.
Cordelia Cruises (Waterways Leisure Tourism) IPO Live Subscription Details
View Subscription DetailsCordelia Cruises (Waterways Leisure Tourism) IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.
Last updated:Cordelia Cruises (Waterways Leisure Tourism) IPO Essentials
Cordelia Cruises (Waterways Leisure Tourism) IPO Details
Cordelia Cruises (Waterways Leisure Tourism) IPO is priced at ₹769-808 per share with a total issue size of 585 crore. The IPO has a lot size of 18 shares and will be listed on BSE and NSE.
- Issue price
- ₹769-808 per equity share
- Lot size
- 18 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- ₹585 Crores
- Total issue size
- 72,40,099 shares
(aggregating up to ₹585 crore) - Fresh issue
- 72,40,099 shares
(aggregating up to ₹585 crore) - Listing at
- BSE, NSE
- Listing date
- Registrar
- MUFG Intime India Pvt Ltd
- Lead manager
-
Centrum Capital Limited
Market Lot Size
Investors can bid for a minimum of 18 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 18 | ₹14,544 |
| Retail(max) | 13 | 234 | ₹1,89,072 |
| sHNI(min) | 14 | 252 | ₹2,03,616 |
| sHNI(max) | 68 | 1,224 | ₹9,88,992 |
| sHNI(min) | 69 | 1,242 | ₹10,03,536 |
Cordelia Cruises (Waterways Leisure Tourism) IPO Reservation
Cordelia Cruises (Waterways Leisure Tourism) IPO reservation details show category-wise allocation of shares. Out of the total 7240099 shares, approximately 30% are reserved for QIB, 15% for NII, 10% for retail investors, and 45% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 3258045 (45%) | |
| QIB Shares Offered | 2172029 (30%) | |
| NII (HNI) Shares Offered | 1086015 (15%) | |
| bHNI > ₹10L | 724010 (10.01%) | 2873 |
| sHNI < ₹10L | 362005 (5%) | 1437 |
| Retail Shares Offered | 724010 (10%) | 40,223 |
| Total Shares Offered | 7240099 (100%) |
Cordelia Cruises (Waterways Leisure Tourism) IPO Analytics
Cordelia Cruises (Waterways Leisure Tourism) IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Cordelia Cruises (Waterways Leisure Tourism) IPO Subscription Status
Cordelia Cruises (Waterways Leisure Tourism) IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO is currently subscribed 0.2x, indicating low demand across investor categories.
| As on | QIB |
NII
bHNI
sHNI
|
Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 21,72,029 |
10,86,015
7,24,010
3,62,005
|
7,24,010 | 39,82,054 |
|
Day 1
23-06-26 05:00 PM
|
0.00 x |
0.04x
0.01x
0.09x
|
0.87 x | 0.17 x |
Cordelia Cruises (Waterways Leisure Tourism) Valuations
Earnings
- EPS Pre IPO
- ₹8.00/-
- P/E Pre IPO
- 100.96
Returns
- ROE
- 0.92%
- ROCE
- 1.14%
- RoNW
- 92.70%
- PAT Margin
- 0.09%
Fundamentals
- Debt / Equity
- 1.27
- Market Cap
- ₹ Cr.
Cordelia Cruises (Waterways Leisure Tourism) Financials( In Crs.)
| 31-Mar-26 | 31-Mar-25 | 31-Mar-24 | |
|---|---|---|---|
| Assets | 341.78 | 247.37 | 399.20 |
| Revenue | 586.99 | 597.68 | 452.15 |
| Profit After Tax | 52.14 | 168.19 | -122.73 |
| Net Worth | 80.20 | 32.78 | -118.07 |
| Reserves & Surplus | 15.05 | -31.90 | -182.75 |
| Total Borrowing | 101.90 | 30.44 | 5.18 |
Cordelia Cruises (Waterways Leisure Tourism) Company & Offer Insights
About Cordelia Cruises (Waterways Leisure Tourism)
Waterways leisure tourism operates in cruise tourism and hospitality under its flagship brand Cordelia Cruises — India's only premium cruise line.
Presently, it operates 'MV Express' cruise vessel that chiefly sails to domestic destinations like Mumbai (Maharashtra), Goa, Kochi (Kerala), Chennai (Tamil Nadu), Lakshadweep, Visakhapatnam (Andhra Pradesh), and Puducherry.
It also offers international itineraries, including Hambantota, Trincomalee and Jaffna (Sri Lanka) and have also sold cruise tickets for our first time sail to destinations such as Phuket (Thailand), Singapore, Kuala Lumpur and Langkawi (Malaysia).
WLTPL boasts a vibrant cruise culture, blending international standards with Indian tastes in terms of cuisine, hospitality, and entertainment.
Cordelia Cruises (Waterways Leisure Tourism) Promoter(s)
Global Shipping and Leisure Limited, Rajesh Chandumal Hotwani are the company's promoters of Cordelia Cruises (Waterways Leisure Tourism).
Cordelia Cruises (Waterways Leisure Tourism) IPO Issue Objectives
- •
- Payment towards deposit/ advanced lease rental and monthly lease payments to our stepdown subsidiary, Baycruise Shipping and Leasing (IFSC) Private Limited (Baycruise IFSC).
- •
- General corporate purposes
Cordelia Cruises (Waterways Leisure Tourism) IPO - Anchor Investors
Waterways Leisure Tourism Limited (Cordelia Cruises) raised ₹263.25 crore from 11 anchor investors at ₹808 per share on June 22, 2026. Foreign portfolio investors dominated the anchor book, with Nova Global, Cullinan Opportunities, Zeal Global, and M7 Global each receiving close to 19% allocation. Baroda BNP Paribas Mutual Fund was the sole domestic MF participant at 7.60% across three schemes.
Cordelia Cruises (Waterways Leisure Tourism) IPO - Strengths and Risks
Cordelia Cruises (Waterways Leisure Tourism) IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.
Strengths
Risks
Contact Information
Contact Details
Cordelia Cruises (Waterways Leisure Tourism)
+91 022 7154 1821
http://www.cordeliacruises.com/
A-1601, Marathon Futurex, NM Joshi Marg, Lower Parel, Delisle Road, Mumbai, Maharashtra, 400013
Registrar Contact Details
MUFG Intime India Private Limited (Link Intime)
+91-22-4918 6270
Frequently Asked Questions
Click any question to reveal the answer
Cordelia Cruises (Waterways Leisure Tourism) IPO is a book-built IPO worth ₹585 crore. The price band is ₹769–₹808 per share. The IPO opens on Jun 23, 2026 and closes on Jun 25, 2026. It will be listed on BSE and NSE. MUFG Intime India Pvt Ltd is the registrar.
The price band of Cordelia Cruises (Waterways Leisure Tourism) IPO is ₹769 to ₹808 per share.
The lot size of Cordelia Cruises (Waterways Leisure Tourism) IPO is 18 shares.
The minimum investment for Cordelia Cruises (Waterways Leisure Tourism) IPO is approximately ₹14,544 based on the upper price band .
Cordelia Cruises (Waterways Leisure Tourism) IPO opens on Jun 23, 2026 and closes on Jun 25, 2026.
The allotment date of Cordelia Cruises (Waterways Leisure Tourism) IPO is Jun 29, 2026.
Cordelia Cruises (Waterways Leisure Tourism) IPO is expected to be listed on Jul 1, 2026, on BSE and NSE .
The Grey Market Premium (GMP) for Cordelia Cruises (Waterways Leisure Tourism) IPO is ₹11-12 as of Jun 23, 2026. Based on the upper price band of ₹808, the estimated listing price is ₹819, representing a potential gain of approximately 1%.
Cordelia Cruises (Waterways Leisure Tourism) IPO valuation snapshot: P/E N/A, EPS ₹/-, P/B N/A, RoNW 92.70%, and market cap ₹ Cr.
To apply for Cordelia Cruises (Waterways Leisure Tourism) IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Cordelia Cruises (Waterways Leisure Tourism) IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Cordelia Cruises (Waterways Leisure Tourism) IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Cordelia Cruises (Waterways Leisure Tourism) IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Cordelia Cruises (Waterways Leisure Tourism) IPO allotment status on IPO Ji for quick and easy access.
|
Offer Date |
Jun 23 - Jun 25, 2026 |
|
Offer Price |
₹ 769-808 |
|
Lot Size |
18 |
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