Cordelia Cruises (Waterways Leisure Tourism) IPO

Cordelia Cruises (Waterways Leisure Tourism) IPO is listed on BSE and NSE, priced at ₹769–₹808 per share. The stock debuted at ₹681. The IPO had a lot size of ₹18 shares and a minimum investment of ₹14,544.

Waterways Leisure Tourism Limited IPO

Mainboard Listed
₹14,544 (18 Shares)
Minimum Investment
Check Allotment
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

  1. Jun 23, 2026

    Open Date

    Completed

  2. Jun 25, 2026

    Close Date

    Completed

  3. Jun 29, 2026

    Allotment Date

    Completed

  4. Jul 1, 2026

    Listing Date

    Completed

Price Summary

View GMP trend
Last closing
784.50 (-2.91%)
52 week high
832.80
52 week low
623.10
Last update

Unofficial pre-listing indicator

Cordelia Cruises (Waterways Leisure Tourism) IPO Final GMP Before Listing: ₹-35

Cordelia Cruises (Waterways Leisure Tourism) IPO GMP history

Cordelia Cruises (Waterways Leisure Tourism) IPO's final recorded GMP before listing was -₹35 per share (a 4% discount to the ₹808 upper price band). The shares listed at ₹681. GMP is unofficial and does not forecast or guarantee the actual listing price.

Final GMP
₹-35
GMP percentage
-4%
Upper price band
₹808
Listing price
₹681

During the recorded period, Cordelia Cruises (Waterways Leisure Tourism) IPO GMP ranged from ₹-35 to ₹50.

Cordelia Cruises (Waterways Leisure Tourism) IPO GMP trend (day-wise) 20 observations
Day-wise recorded GMP observations for Cordelia Cruises (Waterways Leisure Tourism) IPO
Date & time GMP Change GMP % Indicative price
₹-35 −₹5 -4% ₹773
₹-30 −₹6 -4% ₹778
₹-24 −₹24 -3% ₹784
₹0 −₹2 0% ₹808
₹2 −₹1 0% ₹810
₹3 −₹2 0% ₹811
₹5 ₹0 1% ₹813
₹5 −₹2 1% ₹813
₹7 −₹1 1% ₹815
₹8 −₹3 1% ₹816

Cordelia Cruises (Waterways Leisure Tourism) IPO Subscription Details

View Subscription Details
QIB 1.06x
Retail 4.40x
NIIs 1.23x
bHNI 0.94x
sHNI 1.83x
Retail 4.40x
Total 1.72x

Cordelia 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 is 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
List price
681.0(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
bHNI(min) 69 1,242 ₹10,03,536

Cordelia Cruises (Waterways Leisure Tourism) IPO Documents

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 1.72x, indicating moderate demand across investor categories.

As on QIB
NII
bHNI
sHNI
Retail Total
Day 1 - 23-06-26 05:00 PM 0.00 x
0.04x
0.01x
0.11x
1.05 x 0.20 x
Day 2 24-06-26 05:00 PM
0.00 x
0.33x
0.22x
0.56x
2.46 x 0.54 x
Day 3 25-06-26 05:00 PM
1.06 x
1.23x
0.94x
1.83x
4.40 x 1.72 x
Total No. of Applications
bHNI sHNI Retail
115890 (Approx) 0.18x 1.63x 2.81x

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.

Data sourced from DRHP / RHP • For educational purposes only

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

Potential of Cruise Tourism: The vast coastlines of India provide opportunities for both domestic and international cruises, thereby giving ample growth prospects to the cruise tourism industry.
Consumer Demand: Increased disposable income levels and a growing middle class will likely boost the demand for cruise tourism.
Government Incentives: Government measures such as the development of cruise terminals and relaxation of policies will aid the cruise tourism industry.

Risks

Market Awareness Risk: Cruising vacations represent a small share of the tourism market in India, and reduced consumer awareness will be a hurdle to market penetration.
Risk of Insufficient Infrastructure: Lack of sufficient cruise terminals and related infrastructure could affect the growth of the cruise tourism industry.
Risk Related to Regulations and Tax Structure: Modifications in regulations and the current tax system, including issues related to GST, may have a negative effect on the growth of the cruise industry.

Contact Information

Contact Details

Cordelia Cruises (Waterways Leisure Tourism)

+91 022 7154 1821

cs@waterways-leisure.com

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

waterwaysleisure.ipo@in.mpms.mufg.com

https://in.mpms.mufg.com/Initial_Offer/public-issues.html

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 .

Cordelia Cruises (Waterways Leisure Tourism) IPO's final recorded GMP before listing was -₹35 per share (a 4% discount to the ₹808 upper price band). The shares listed at ₹681. GMP is unofficial and does not forecast or guarantee the actual listing price.

Cordelia Cruises (Waterways Leisure Tourism) IPO listed on Jul 1, 2026. It was issued at ₹681.0(NSE) and is currently around ₹784.50 as on 7-Jul-2026 3:30 PM, which is approximately -2.9% versus issue price. The 52-week high is ₹832.80.

Based on listing and post-listing performance, Cordelia Cruises (Waterways Leisure Tourism) IPO delivered around -2.9% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.

To buy Cordelia Cruises (Waterways Leisure Tourism) IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.

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.