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Waterways Leisure Tourism IPO

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CORDELIA · · NSE

Waterways Leisure Tourism Share Price Today

NSE · CORDELIA · 12 Oct close
₹100.18−4.35 (−4.16%)on 12 Oct
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IPO price₹808.00
Listing price₹681.00−15.7%
Since IPO−87.6%
Day range₹96.39 – ₹105.40

Waterways Leisure Tourism share price is ₹100.18 at the 12 Oct close, −87.6% from the ₹808.00 IPO price. It listed at ₹681.00 on 1 Jul.

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Waterways Leisure Tourism IPO Details

RegistrarMUFG Intime India Private Limited
Lead managersCentrum Capital Limited, Intensive Fiscal Services Private Limited, Motilal Oswal Investment Advisors Limited
Fresh issue—
Offer for sale—
Market cap at the offer₹5,849 Cr

Market capitalisation is the post-issue share count in the offer document’s capital structure (7,23,94,543 shares) multiplied by the upper end of the price band, ₹808. It is arithmetic on those two filed figures, not a valuation.

Waterways Leisure Tourism Financials ₹ in crore

Revenue CAGR+14.3%2024 → 2026 · 2 yrs
Profit change+142%2024 → 2026
Total assets CAGR-7.5%2024 → 2026 · 2 yrs
00%25013%50025%75038%100050%202420252026
₹ crore202420252026
Revenue₹444.06₹590.61₹579.75
Expenses———
Net profit (PAT)₹-122.73₹168.19₹52.14
PAT margin-27.6%28.5%9.0%
Total assets₹399.2₹247.37₹341.78

Waterways Leisure Tourism Shareholding before & after the IPO

Before the IPO
Pre-issue

The pre-issue register for this issue isn’t available yet.

After the IPO
Post-issue · as filed 30-JUN-2026
89.35%
Promoter
Promoter & promoter groupafter the IPO
Holding89.35%
Shares6,46,81,980

The founding owners and their group entities.

Post-issue pattern as filed with the NSE. Pre-issue percentages are taken from the disclosure, never estimated.

Waterways Leisure Tourism IPO Strengths & Risks as disclosed in the DRHP

▲ Strengths (0)
▼ Risk factors (8)
We currently undertake our operations through a single cruise vessel, the ‘MV Empress’. Any disruption to our cruise vessel could lead to operational disruptions and adversely impact our business, results of operations, financial condition and cash flows
A significant portion of our revenue is derived from our cruise ticket sales, which accounted for 91.22%, 89.53% and 87.45% of our revenue from operations in Fiscals 2026, 2025 and 2024, respectively. A decline in our cruise ticket sales may adversely impact our business, financial condition, results of operations, cash flows and prospects
Our Company operates as the vessel operating entity, while the vessel owning entity is Bay Cruise Investment Inc. Any legal, financial, or regulatory issues faced by Bay Cruise Investment Inc. could indirectly impact our business and results of operations
Our growth strategy relies on the acquisition of new vessels to expand our operations. Our inability to expand our operations by acquiring new vessels could significantly impact our business, financial condition, and results of operations
An increase in cruise capacity without a corresponding increase in demand and infrastructure could adversely affect our business, results of operations, financial condition and cash flows
We have a limited operating history and our historical performance may not be indicative of our future growth or financial results
Our inability to ensure high cruise occupancy rates could result in significant financial losses and adversely impact our business, results of operations, financial condition and cash flows
We have in the past entered into related party transactions and may continue to do so in the future, which may potentially involve conflicts of interest with the equity shareholders

How to check Waterways Leisure Tourism IPO allotment status

Allotment is decided and published by the issue’s registrar, not by the exchange and not by alphave. For Waterways Leisure Tourism Limited, the registrar is MUFG Intime India Private Limited — allotment is finalised in the days between the issue closing on 25 Jun 2026 and listing on 01 Jul 2026.

RegistrarMUFG Intime India Private Limited
You will needPAN, application number or demat ID
Issue closes25 Jun 2026
Listing date01 Jul 2026
Issue opens
Tue, 23 Jun, 2026
Bidding 10:00 am – 5:00 pm IST
Issue closes
Thu, 25 Jun, 2026
Last day to bid · UPI mandate by 5:00 pm
Allotment finalisedTentative
Mon, 29 Jun, 2026
By MUFG Intime; check with PAN, application no. or DP ID
Refunds & UPI unblockTentative
Tue, 30 Jun, 2026
Unallotted amounts released · allotted shares credited to demat
Listing
Wed, 01 Jul, 2026
NSE · trading from 10:00 am IST

Allotment and refund dates follow SEBI’s T+3 listing timeline in trading days and are tentative until the registrar and the exchange confirm them. alphave does not hold allotment results — only the registrar can show whether an application was allotted.

The registrar publishes allotment on its own portal: MUFG Intime. Your bank will also show the blocked amount released if shares were not allotted.

Waterways Leisure Tourism IPO FAQs

Allotment

When is Waterways Leisure Tourism IPO allotment date?

Allotment for the Waterways Leisure Tourism Limited IPO is expected to be finalised on 29 June 2026, the trading day after the issue closes on 25 June 2026. Under SEBI's T+3 timeline refunds and demat credit follow on 30 June 2026 and the shares list on 1 July 2026. Dates are tentative until the registrar and exchange confirm them.

How to check Waterways Leisure Tourism IPO allotment status?

Allotment is decided and published by the registrar, MUFG Intime India Private Limited — not by the exchange and not by alphave. Open the registrar's IPO allotment page, choose the issue, and enter your PAN, application number or DP ID / client ID. Your bank will also show the blocked amount released if shares were not allotted.

Who is the registrar of Waterways Leisure Tourism IPO?

The registrar to the Waterways Leisure Tourism Limited IPO is MUFG Intime India Private Limited. The registrar processes applications, finalises the basis of allotment with the exchange, and handles refunds.

What happens if I do not get allotment?

The amount blocked in your bank account under ASBA or the UPI mandate is released, normally on the day allotment is finalised or the next working day. No shares are credited and nothing further is needed from you.

Dates

When does Waterways Leisure Tourism IPO open and close?

Bidding for the Waterways Leisure Tourism Limited IPO opens on 23 June 2026 and closes on 25 June 2026. Exchange bidding runs from 10:00 am to 5:00 pm IST on each day; UPI mandates must be accepted by 5:00 pm on the closing day, and brokers may stop taking bids somewhat earlier.

What is the Waterways Leisure Tourism IPO listing date?

The shares are scheduled to list on 1 July 2026 on NSE. Trading starts at 10:00 am IST after the special pre-open session that discovers the listing price.

How do I apply for Waterways Leisure Tourism IPO?

Applications are made through a broker's app or a bank's net banking using ASBA, or by UPI mandate, between 23 June 2026 and 25 June 2026. The amount is only blocked, not debited, until allotment. Retail bids of up to ₹2,00,000 are usually placed at the cut-off price (₹808); a UPI mandate must be approved by 5:00 pm on the closing day.

What is the last date to apply for Waterways Leisure Tourism IPO?

25 June 2026 is the last day of bidding. Allotment is then expected on 29 June 2026, refunds and demat credit on 30 June 2026, and listing on 1 July 2026 — tentative until confirmed.

Financials

What is the revenue of Waterways Leisure Tourism?

Waterways Leisure Tourism Limited reported revenue of ₹579.75 crore in FY2026, as restated in its offer document. The table on this page shows each reported year.

Is Waterways Leisure Tourism profitable?

Waterways Leisure Tourism Limited reported a profit after tax of ₹52.14 crore in FY2026. Earlier years are in the table above.

Where do the Waterways Leisure Tourism IPO financials come from?

From the restated financial statements in the company's draft and final offer documents filed with SEBI and the exchange. alphave reports them as filed, in ₹ crore, and does not publish a valuation or a view on the issue.

Shareholding

What is the promoter holding in Waterways Leisure Tourism after the IPO?

The promoter and promoter group hold 89.35% after the issue, as disclosed in the offer document and filed with the exchange.

Where does the shareholding pattern come from?

The pre-issue register is the capital structure disclosed in the offer document; the post-issue pattern is the company's shareholding-pattern filing with NSE or BSE once it is published, and the offer document's disclosed post-issue register until then.

DRHP

Where can I read the Waterways Leisure Tourism DRHP or RHP?

The offer document is filed with SEBI and the exchange and hosted by the lead managers (Centrum Capital Limited, Intensive Fiscal Services Private Limited, Motilal Oswal Investment Advisors Limited); the link is added here once it is available.

What is a DRHP?

The Draft Red Herring Prospectus is the document a company files with SEBI before an IPO. It describes the business, the financials, the risk factors, the promoters and how the money raised will be used. The Red Herring Prospectus (RHP) is the version filed just before the issue opens, with the price band and dates added.

What are the key risks disclosed in the Waterways Leisure Tourism DRHP?

We currently undertake our operations through a single cruise vessel, the ‘MV Empress’. Any disruption to our cruise vessel could lead to operational disruptions and adversely impact our business, results of operations, financial condition and cash flows A significant portion of our revenue is derived from our cruise ticket sales, which accounted for 91.22%, 89.53% and 87.45% of our revenue from operations in Fiscals 2026, 2025 and 2024, respectively. A decline in our cruise ticket sales may adversely impact our business, financial condition, results of operations, cash flows and prospects Our Company operates as the vessel operating entity, while the vessel owning entity is Bay Cruise Investment Inc. Any legal, financial, or regulatory issues faced by Bay Cruise Investment Inc. could indirectly impact our business and results of operations The page lists all 8 disclosed risk factors.

Listing

When will Waterways Leisure Tourism IPO list?

The Waterways Leisure Tourism Limited shares are scheduled to list on 1 July 2026 on NSE. The listing price is discovered in a special pre-open session from 9:00 am and normal trading begins at 10:00 am IST.

What was the Waterways Leisure Tourism IPO listing price?

Waterways Leisure Tourism Limited listed at ₹681, a discount of 15.7% on the ₹808 issue price.

At what time does an IPO list?

On listing day the exchange runs a special pre-open session for the new stock from 9:00 am IST in which orders are collected and the listing price is discovered; continuous trading in the shares begins at 10:00 am IST.

Data sources

Where does the Waterways Leisure Tourism IPO data on this page come from, and how often is it updated?

Subscription figures are the exchange's own category-wise bids (NSE and BSE), refreshed every 5 minutes while bidding is open and frozen at the final tally after close. GMP is an unofficial grey-market indicator read about once an hour from third-party reporters, each reading timestamped. Price band, lot size, issue size, dates, registrar and lead managers are from the exchange's issue master and the offer document filed with SEBI. Financials and the shareholding pattern are as restated in the offer document; allotment is published only by the registrar, which this page links to. Anchor investor allocations, where shown, are the exchange's anchor allocation file.

Waterways Leisure Tourism IPO Registrar where allotment and refund queries go

RegistrarMUFG Intime India Private Limited

The registrar processes the allotment and the refunds. Contact details are as printed in the offer document; the exchange and your broker cannot change an allotment.

How to Apply for the Waterways Leisure Tourism IPO ASBA and UPI, as SEBI sets them

  1. Apply through your broker’s IPO window or your bank’s net banking (ASBA). The money stays in your own account and is only blocked until allotment.
  2. Choose the number of lots and bid at the cut-off price. Retail applications are capped at ₹2,00,000; above that the bid moves to the non-institutional category.
  3. If you applied through a broker, approve the UPI mandate in your payment app. The mandate must be approved by 5 pm on the day after your bid, and by 5 pm on the closing day for bids made on the last day (25 Jun 2026).
  4. One application per PAN. A second application under the same PAN is rejected, and both may be.
  5. After allotment the blocked amount is released for shares not allotted. Allotment and refund queries go to the registrar, MUFG Intime India Private Limited, not to the exchange or the broker.

What is GMP in an IPO?

Grey Market Premium is the price at which an unlisted IPO application or share changes hands informally, before the stock is listed on the exchange. It is quoted as a rupee figure over the issue price, so the upper end of the price band plus the premium is the price the grey market is dealing at.

The grey market is an over-the-counter market between private dealers. It is not operated or supervised by NSE, BSE or SEBI, no trade is settled through a clearing corporation, and no dealer is obliged to publish or honour a quote. Figures are collected by third-party reporters and different sources routinely disagree, which is why a premium can move sharply within a day or vanish entirely once bidding closes.

Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.