Waterways Leisure Tourism IPO allotment received muted demand from investors and the IPO allotment date is likely next week, on Monday, 29 June 2026. The IPO has been open since June 23 and is closed on June 25 and is expected to be listed on BSE and NSE on Wednesday, July 1.
Muharram is today and markets and banks are closed; the allotment is expected next week. With the basis of allotment complete, the successful bidders are expected to get their shares in demat accounts by June 30, after which refunds for unsuccessful bidders should be initiated.
Waterways Leisure Tourism IPO is a book build issue of Rs. 585 crores. The issue is entirely a fresh issue of 0.72 crore shares.
The IPO was subscribed 1.67 times, according to NSE data. The Retail Individual Investors was the most subscribed with 4.19 times. The Non-Institutional Investor segment received 1.30 times of subscription and the Qualified Institutional Buyer segment saw 1.01 times of subscription.
Waterways Leisure Tourism IPO is set to issue at a price band of Rs. 769 to Rs. 808 per share. The lot size for an application is 18 shares. The minimum amount of investment required by an individual investor (retail) is Rs. 14,544 (18 shares) on the upper price band.
The lot size investment for sNII is 14 lots (252 shares), amounting to Rs. 2,03,616, and for bNII, it is 69 lots (1,242 shares), amounting to Rs. 10,03,536.
The grey market trend is on the weaker side just before allotment. The GMP for Waterways Leisure Tourism IPO today is Rs. -35 for one share. Based on the upper issue price of Rs. 808, the estimated listing price comes to around Rs. 773 per share, a discount of 4.33%.
Previously, the premium had reached Rs. 24 on June 20 and was around Rs. 6 on the opening day.
Visit the IPO allotment page on the NSE website here
Select “Equity & SME IPO bid details”
Pick the company symbol 'CORDELIA' from the dropdown list
Enter your PAN and Application Number
Click “Submit” to check your share allotment status
Visit the IPO allotment page on the issue registrar's official website here
Select “Waterways Leisure Tourism Limited” from the drop-down menu for company names
It's important to note that the company name will only appear after finalisation of the share allotment status
Choose any of these options: PAN, Application Number, DP/Client ID, or Account No / IFSC
Enter the details as per your selection
Click on the “Submit” button to check the details
Also Read: NSE IPO: SBI, Bank of Baroda Among Top Sellers in Rs. 30,000 Crore OFS; LIC Retains 10.72% Stake
Established in November 2020, Waterways Leisure Tourism Limited is one of India’s leading domestic ocean cruise operators.
As of March 31, 2026, over 730,000 guests had sailed on its cruises, covering more than 321,000 nautical miles. The company held approximately 79% market share by value in India’s domestic ocean cruise industry in Fiscal 2025.
A majority of bookings are generated directly through its website, mobile application, call centres, and customer service channels.
Waterways Leisure Tourism is positioned to benefit from the growing cruise tourism industry in India and plans to expand its fleet with Norwegian Sky and Norwegian Sun. As of March 31, 2026, the company had 245 permanent employees.