Waterways Leisure Tourism IPO Details
The Waterways Leisure Tourism IPO is a book build issue with a total issue size of ₹585 cr, comprising of fresh issue of 7240099 equity shares. Waterways Leisure Tourism IPO opened for subscription on Jun 23, 2026 and closed on Jun 25, 2026. Waterways Leisure Tourism IPO is set price band at ₹769 to ₹808 per share, with a lot size of 18 shares. Minimum investment for Retail investors was ₹14,544.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Jun 29, 2026, and listed on both the NSE and BSE on Jul 01, 2026.
MUFG Intime India Private Limited has been appointed as the registrar. Centrum Broking Ltd are the Book Running Lead Manager for the issue.
Before investing in the Waterways Leisure Tourism IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 769 – 808
- Lot Size
- 18
- Issue Size
- ₹585 Cr
- Minimum Investment
- ₹14544 (18 Shares)
- Listing Date
- 01 July 2026
Current GMP
₹-51 (-6.31%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Waterways Leisure Tourism Limited
Incorporated in November 2020, Waterways Leisure Tourism Limited is one of India's leading domestic ocean cruise operators, providing premium cruise vacations that combine Indian hospitality, culture, entertainment, and cuisine. The company operates the cruise vessel MV Empress, offering itineraries across prominent Indian destinations such as Mumbai, Goa, Kochi, Chennai, Lakshadweep, Visakhapatnam, and Puducherry, as well as select international destinations including Sri Lanka, Thailand, Singapore, and Malaysia.
As of March 31, 2026, the company had welcomed more than 730,000 guests, with its cruises covering over 321,000 nautical miles. In Fiscal 2025, it held an estimated 79% market share by value in India's domestic ocean cruise industry, highlighting its strong leadership position in the sector.
The MV Empress is equipped with 796 cabins, including suites, ocean-view cabins, and interior staterooms. The vessel offers a wide range of onboard amenities and experiences, such as multiple dining venues, live entertainment shows, a casino, spa, fitness center, swimming pools, gaming arcade, children's activity center, and facilities for MICE (Meetings, Incentives, Conferences, and Exhibitions) events and destination weddings.
The company operates an asset-light business model, outsourcing several key functions—including food and beverage services, housekeeping, crewing, and entertainment—to specialized service providers. This approach enables greater operational efficiency, flexibility, and scalability. A significant portion of bookings is generated directly through the company's website, mobile application, call centers, and customer support channels, strengthening customer engagement and reducing dependence on third-party distribution platforms.
Waterways Leisure Tourism Limited is well-positioned to capitalize on the growing demand for cruise tourism in India. To support its expansion strategy, the company plans to strengthen its fleet by adding Norwegian Sky and Norwegian Sun, which are expected to enhance capacity and broaden its cruise offerings.
As of March 31, 2026, the company employed 245 permanent employees.
Waterways Leisure Tourism IPO Promoters
- Global Shipping
- Leisure Limited
- Rajesh Chandumal Hotwani
Promoters Holding
Holding Pre Issue
99.27%
Holding Post Issue
89.35%
Waterways Leisure Tourism IPO Objective
The Company Waterways Leisure Tourism IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Payment towards deposit/ advanced lease rental and monthly lease payments to our step-down subsidiary, Baycruise Shipping and Leasing (IFSC) Private Limited (“Baycruise IFSC”)
- General corporate purposes
Address / Contact Info
Waterways Leisure Tourism Ltd.
A-1601, Marathon Futurex,
NM Joshi Marg,
Lower Parel, Delisle Road,
Mumbai, Maharashtra, 400013
Phone: +9102271541821
Email: cs@waterways-leisure.com
IPO Snapshot
Book Running Lead Managers
- Centrum Broking Ltd
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Waterways Leisure Tourism IPO is a Book-building IPO with a total issue size of ₹585 crore. The Waterways Leisure Tourism IPO price band is ₹769 to 808 per share. The Waterways Leisure Tourism IPO subscription opens on Tue, Jun 23, 2026, and closes on Thu, Jun 25, 2026. The Waterways Leisure Tourism IPO will be listed on the BSE,NSE. MUFG Intime India Private Limited is the registrar for the Waterways Leisure Tourism IPO .
The Waterways Leisure Tourism IPO opens on Tue, Jun 23, 2026 and closes on Thu, Jun 25, 2026
Waterways Leisure Tourism IPO Price Band is ₹769 to 808 per share.
Waterways Leisure Tourism IPO lot size is 18 shares, Retail investors need a minimum investment of ₹14544 based on the upper price band
The minimum investment for Waterways Leisure Tourism IPO is ₹14544, based on one lot of 18 shares at the upper price band of ₹808 per share.
Investors can apply for the Waterways Leisure Tourism IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, Jun 25, 2026. The application amount remains blocked until the Waterways Leisure Tourism IPO allotment is finalized.
Waterways Leisure Tourism IPO issue size is ₹585 crores.
Waterways Leisure Tourism IPO allotment date is Wed, Jul 1, 2026.
The registrar for Waterways Leisure Tourism IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Waterways Leisure Tourism IPO allotment status, refund processing, and other IPO-related information.
The Waterways Leisure Tourism IPO GMP (Grey Market Premium) is ₹-51 as of Wed, Jul 1, 2026. Based on the upper price band of ₹808 per share, the estimated Waterways Leisure Tourism IPO listing price is ₹757, indicating a potential listing gain of approximately 0% over the issue price.