Cordelia Cruises (Waterways Leisure Tourism)

Cordelia Cruises (Waterways Leisure Tourism) IPO

BSE, NSEClosed
Jun 23, 2026Open Date
Jun 25, 2026Close Date
Jun 29, 2026Allotment Date
Jul 1, 2026Listing Date

Subscription Details

View Subscription Details
QIB1.06x
Retail4.40x
NIIs (Non-Institutional Investors)Main Category
1.23x

NII Sub-Categories

bHNI (> ₹10L)

Bids above ₹10L

0.94x

sHNI (< ₹10L)

Bids ₹2L to ₹10L

1.83x

Overall Subscription

Total Bids Received

1.72x

Updated: 14 Jul, 04:55 pm

Cordelia Cruises (Waterways Leisure Tourism) IPO Issue Details

Issue Price₹769-808 Per Equity Share
Face Value₹10 Per Equity Share
Total Issue Size₹585 Cr
Fresh Share72,40,099 shares(aggregating up to ₹585 crore)
Listing AtBSE, NSE
Listing DateJul 1, 2026
Lead ManagerCentrum Capital Limited
RegistrarMUFG Intime India Private Limited (Link Intime)

Market Lot Details

CategoryLotsSharesAmount
sHNI (Min)14252-
sHNI (Max)681,224-
bHNI (Min)691,242-

Reservation Details

CategoryShares Offered%
NII10,86,01515%
QIB21,72,02930%
Anchor32,58,04545%

Company Information

Waterways leisure tourism operates in cruise tourism and hospitality under its flagship brand Cordelia Cruises — India's only premium cruise line.Presently, it operates 'MV Express' cruise vessel that...

Valuations

EPS (Pre-IPO)

8.00

P/E (Pre-IPO)

100.96

RoNW

92.70%

PAT Margin

0.09%

Market Cap

₹ Cr.

Financial Information (₹ in Crores)

MetricFY 26FY 25FY 24
Total Assets341.78247.37399.2
Total Revenue586.99597.68452.15
Profit After Tax52.14168.19122.73
Net Worth80.232.78118.07

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

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

Cordelia Cruises (Waterways Leisure Tourism) – Promoter(s)

Global Shipping
Leisure Limited
Rajesh Ch
umal Hotwani

Contact Details

Corporate Office

A-1601, Marathon Futurex, NM Joshi Marg, Lower Parel, Delisle Road, Mumbai, Maharashtra, 400013

+91 022 7154 1821

cs@waterways-leisure.com

Visit Website

Registrar Contact

MUFG Intime India Private Limited (Link Intime)

+91-22-4918 6270

waterwaysleisure.ipo@in.mpms.mufg.com

Visit Website

Cordelia Cruises (Waterways Leisure Tourism) IPO Documents

Lead Managers

Centrum Capital Limited

Frequently Asked Questions — Cordelia Cruises (Waterways Leisure Tourism) IPO

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