Waterways Leisure Tourism Limited IPO DRHP
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.
Waterways Leisure IPO Objects
- Payment of lease deposits, advance rent, and monthly lease rentals to step-down subsidiary Baycruise Shipping and Leasing (IFSC) Private Limited.
- General corporate purposes
Waterways Leisure IPO Details
Price Band₹ |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹727.00 Cr ( Shares) |
Offer For Sale₹0.00 ( Shares) |
Total Issue₹727.00 Cr ( Shares) |
Face Value₹10 per equity share |
Category Allocation
| Particulars | Allocation |
|---|---|
| QIB | Not less than 75% of Net Offer |
| Big HNIs (NII) | Not more than 10% of Net Offer |
| Small HNIs (NII) | Not more than 5% of Net Offer |
| Retail | Not more than 10% of Net Offer |
Waterways Leisure IPO Financials
| 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 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | VALUES |
|---|---|
| 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 Details
| Name | Shareholding |
|---|---|
| Global Shipping & Leisure Ltd. | 99.27% |
| Total | 99.27% |
Management Details
| Name | Designation |
|---|---|
| Jurgen Bailom | Chairman & CEO |
| Nishikant Upadhyay | CFO |
Company Details
Name: WATERWAYS LEISURE TOURISM LIMITED
Address: A-1601, Marathon Futurex, NM Joshi Marg, Lower Parel, Delisle Road, Mumbai – 400 013, Maharashtra, India
Number: +91 022 7154 1821/+91 022 6554 5410
Email: cs@waterways-leisure.com
Website: www.cordeliacruises.com
Book Running Lead Managers (BRLMs)
RTAs
MUFG Intime India
Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Waterways Leisure IPO is a Mainboard IPO having an issue size of Rs. ₹727.00 Crs. Waterways Leisure IPO is priced at ₹ - ₹ per share. The issue opens on 11 Feb 26 and closes on 11 Feb 26.
Waterways Leisure IPO opens on 11 Feb 26 and closes on 11 Feb 26.
The estimated Grey Market Premium of Waterways Leisure IPO is ₹0 per share (-).
The minimum lot size of Waterways Leisure IPO is shares & the minimum application amount is Rs. 0.
The allotment date of Waterways Leisure IPO is 11 Feb 26.
The listing date of Waterways Leisure IPO is 11 Feb 26.
Waterways Leisure IPO is subscribed -.
Waterways Leisure IPO is priced at ₹ - ₹ per share.
Click the allotment link on Waterways Leisure IPO page of IPO360.
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Waterways Leisure IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date
