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Waterways Leisure Tourism Ltd.

NSE & BSE
ListedListed on 1 Jul 2026-14.6%

₹769–808

₹ 338 Cr

18 Shares

₹ 13,842

₹10

Financial Summary

Consolidated(in ₹ million)
ParticularsFY 2025-26FY 2024-25
5,797.455,906.05
72.4970.78
5,869.945,976.83
4,647.893,773.7
782.511,895.75
521.431,681.85

Subscription Details

1.63xTotal
Subscription
4.19x
1.17x
1.01x
0.00x

IPO Timeline

IPO Offer Start

23 Jun 2026

IPO Offer Ends

25 Jun 2026

1 Jul 2026

Use of Proceeds

#PurposeAmount (₹ Million)
1Payment towards deposit/ advanced lease rental and monthly lease payments to our step-down subsidiar4,800.1
2General corporate purposes766.33

Promoters

Global Shipping & Leisure Ltd.Rajesh Chandumal Hotwani

Book Running Lead Managers

Centrum Capital Ltd

Promoter Shareholding

Pre-IPO

99.27%

Promoter stake

Post-IPO

89.35%

Promoter stake

Offered to Public

41,84,004

shares

Post Share Capital

6,46,81,980

shares

IPO Registrar

MUFG Intime India Pvt Ltd.

About the Company

We are the only domestic ocean cruise operator in India as of December 31, 2024 (Source: CRISIL Report), offering luxurious and inherent Indian experiences. We believe this enables us to set industry benchmarks, foster brand loyalty, and establish pricing standards, thereby strengthening our market presence and creating a strong competitive position. We currently operate a cruise vessel, the ‘MV Empress’, and since our launch, 5,49,051 guests have sailed on our cruise vessel, which has covered more than 2,25,079.53 nautical miles along the Indian coastline and surrounding islands as of December 31, 2024. In Fiscal 2024, we accounted for approximately 65% of the market share in value terms. (Source: CRISIL Report) Our cruise vessel primarily sails to domestic destinations such as Mumbai (Maharashtra), Goa, Kochi (Kerala), Chennai (Tamil Nadu), Lakshadweep, Visakhapatnam (Andhra Pradesh), and Puducherry. We also offer 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). Our itineraries are designed to showcase India’s coastal regions and cultural heritage, providing guests with an enriching travel experience and establishing ourselves as the go-to choice for luxury and cultural cruising. Our cruise vessel ‘MV Empress’ offers a variety of cabin options, including one chairman’s suite, five suites, 63 mini suites, 416 ocean-view staterooms, and 311 interior staterooms, totaling 796 cabins, with prices ranging from ? 25,230 (interior rooms) per night to ? 115,536 (Chairman suite) per night, subject to dynamic pricing and load factor considerations.

Use of Proceeds

1.Payment towards deposit/ advanced lease rental and monthly lease payments to our step-down subsidiary, Baycruise Shipping and Leasing (IFSC) Private Limited (“Baycruise IFSC”).2.General corporate purposes

IPO FAQs

The Waterways Leisure Tourism Ltd. IPO has a total of ₹338 crore, calculated at the upper end of the .

The Waterways Leisure Tourism Ltd. IPO is priced at ₹769–808 per share. bids must fall within this , against a of ₹10 per share.

The for the Waterways Leisure Tourism Ltd. IPO is 18 shares, which is also the minimum order quantity — you have to apply for at least 18 shares, and in multiples of 18 beyond that.

The minimum investment in the Waterways Leisure Tourism Ltd. IPO is about ₹13,842 — one lot of 18 shares, calculated at the lower end of the .

Bidding at the cut-off or upper price raises the amount blocked in your account.

The Waterways Leisure Tourism Ltd. opens on 23 Jun 2026 and closes on 25 Jun 2026.

Applications have to be in before 5:00 PM IST on the closing day, and your UPI mandate needs to be approved by then as well.

Waterways Leisure Tourism Ltd. shares were listed on 1 Jul 2026 on BSE and NSE.

MUFG Intime India Pvt Ltd. is the for the Waterways Leisure Tourism Ltd. IPO.

The registrar processes the , refunds and the credit of shares to your demat account, so allotment-status queries go to them — phone +91 810 811 8484 and email rnt.helpdesk@in.mpms.mufg.com.

Waterways Leisure Tourism Ltd. IPO shares are listed on BSE and NSE.

Each Waterways Leisure Tourism Ltd. share has a of ₹10.

Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.

held 99.27% of Waterways Leisure Tourism Ltd. before the IPO, which falls to 89.35% after the issue.

41,84,004 shares of Waterways Leisure Tourism Ltd. are being offered to the public in this issue.

The Waterways Leisure Tourism Ltd. IPO has been subscribed 1.63x overall — 1.01x, 1.17x and 4.19x.

figures update through the issue period until it closes.

  1. 1.Payment towards deposit/ advanced lease rental and monthly lease payments to our step-down subsidiary, Baycruise Shipping and Leasing (IFSC) Private Limited (“Baycruise IFSC”)
  2. 2.General corporate purposes

Centrum Capital Ltd is the book running lead manager for the Waterways Leisure Tourism Ltd. IPO.

Pre-apply means placing your Waterways Leisure Tourism Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.

Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.

You can apply in the Waterways Leisure Tourism Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.

Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.

Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.

You can check the Waterways Leisure Tourism Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.