Waterways Leisure Tourism Limited IPO

Waterways Leisure Tourism Limited IPO

Mainboard NSE & BSE 100% Book Built Offer
Open

Price Band

₹

Total Issue

₹727.00 Cr

Bid Dates

TBA - TBA

Subscription

-

Est. GMP

₹0 (-)

Website DRHP

Business Overview

Waterways leisure is the only domestic ocean cruise operator in India as of December 31, 2024 (Source: CRISIL Report), offering luxury cruise experiences rooted in Indian culture. It operates a cruise vessel, the MV Empress, which has hosted over 549,000 guests and sailed more than 225,000 nautical miles along the Indian coastline and nearby islands. The vessel serves key domestic destinations including Mumbai, Goa, Kochi, Chennai, Lakshadweep, Visakhapatnam and Puducherry, while also offering select international itineraries to Sri Lanka and first-time sailings to Southeast Asian destinations. With 796 cabins across multiple categories, the MV Empress delivers a curated onboard experience designed to reflect India’s cuisine, culture and hospitality, catering to both Indian guests and international travellers.

Objects of Issue

  1. Payment of lease deposits, advance rent, and monthly lease rentals to step-down subsidiary Baycruise Shipping and Leasing (IFSC) Private Limited.
  2. General corporate purposes

Financials

(Rs. in crores)

Financial Performance Metrics for Waterways Leisure IPO
Particulars Dec-24 Mar-24 Mar-23 Mar-22
Revenue 414.21 450.20 486.22 136.75
PAT 139.25 -119.96 55.31 -114.98
Net Worth 24.38 -114.77 5.19 -114.85
Borrowings 4.40 0.00 0.00 73.51
Assets 243.79 327.93 307.02 57.80
NAV (₹) 3.77 -17.74 0.80 -1,14,848.00
EPS (₹) 21.53 -18.55 9.34 -1,14,975.00

KPIs

EBITDA

0.25%

PAT

-0.27%

ROE

2.19%

ROCE

0.61%

  • All the data pertains to FY 2023-24
  • Â PE, PB, and market capitalization are calculated based on the Upper Price Band.

Promoter Holding

Promoter

99.27%

Public

0.73%

Global Shipping & Leisure Ltd. 99.27%

Management

Jurgen Bailom Chairman & CEO
Nishikant Upadhyay CFO

Registrar & Lead Managers

Registrar

MUFG Intime India

MUFG Intime India

Frequently Asked Questions

What is Waterways Leisure IPO?
Waterways Leisure IPO is a Mainboard IPO having an issue size of ₹727.00 Crs. Waterways Leisure IPO is priced at ₹ - ₹ per share. The issue opens on 21 Apr 26 and closes on 21 Apr 26.
When will Waterways Leisure IPO open?
Waterways Leisure IPO opens on 21 Apr 26 and closes on 21 Apr 26.
What is the GMP of Waterways Leisure IPO?
The estimated Grey Market Premium of Waterways Leisure IPO is ₹0 per share (-).
What is the lot size of Waterways Leisure IPO?
The minimum lot size of Waterways Leisure IPO is shares & the minimum application amount is Rs. 0.
When is the allotment of Waterways Leisure IPO?
The allotment date of Waterways Leisure IPO is 21 Apr 26.
What is the listing date of Waterways Leisure IPO?
The listing date of Waterways Leisure IPO is 21 Apr 26.
What is the subscription of Waterways Leisure IPO?
Waterways Leisure IPO is subscribed -.
What is the price band of Waterways Leisure IPO?
Waterways Leisure IPO is priced at ₹ - ₹ per share.
How to check allotment status of Waterways Leisure IPO?
Click the allotment link on Waterways Leisure IPO page of IPO360.
How to apply Waterways Leisure IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Waterways Leisure IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Waterways Leisure IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Waterways Leisure IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date