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Waterways Leisure Tourism Limited

Waterways Leisure Tourism, under its flagship brand Cordelia Cruises, operates India’s only premium cruise line, offering both domestic and international itineraries. Its current vessel, MV Express, primarily sails to domestic destinations including Mumbai, Goa, Kochi, Chennai, Lakshadweep, Visakhapatnam, and Puducherry, while also offering select international cruises to Sri Lanka (Hambantota, Trincomalee, Jaffna) and Southeast Asia (Phuket, Singapore, Kuala Lumpur, Langkawi). The company focuses on providing a vibrant cruise experience that blends international hospitality standards with Indian tastes across cuisine, entertainment, and onboard services.

₹769 - ₹808GMP ₹30Open
GMP+₹30
Est. Listing Price₹838
TimelineBookbuilding IPO
1
Open23 Jun 2026
2
Close25 Jun 2026
3
Allotment29 Jun 2026
4
Listing01 Jul 2026

Quota Reservation Portions

QIBPortion: 54,30,074 shares
75%
HNIPortion: 10,86,015 shares
15%
RetailPortion: 7,24,010 shares
10%

Minimum Application Bracket Matrix

Retail1 lots / 18 shares
₹14,544
sHNI14 lots / 252 shares
₹2,03,616
bHNI69 lots / 1,242 shares
₹10,03,536

About the Company

Waterways Leisure Tourism, under its flagship brand Cordelia Cruises, operates India’s only premium cruise line, offering both domestic and international itineraries. Its current vessel, MV Express, primarily sails to domestic destinations including Mumbai, Goa, Kochi, Chennai, Lakshadweep, Visakhapatnam, and Puducherry, while also offering select international cruises to Sri Lanka (Hambantota, Trincomalee, Jaffna) and Southeast Asia (Phuket, Singapore, Kuala Lumpur, Langkawi). The company focuses on providing a vibrant cruise experience that blends international hospitality standards with Indian tastes across cuisine, entertainment, and onboard services.

Company Promoters

Global Shipping and Leisure LimitedRajesh Chandumal Hotwani