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IPO Details, Date, Timetable, Price and Review
Cordelia Cruise (Waterways Leisure Tourism) IPO is a mainboard IPO aggregating up to 584 crore 99 lakh 99 thousand 9 hundred ninety two rupees. The issue consists entirely of a fresh issue of 72,40,099 shares (aggregating up to 584 crore 99 lakh 99 thousand 9 hundred ninety two rupees).
The IPO opened for subscription on 23 June 2026 and closes on 25 June 2026. The basis of allotment was finalised on 29 June 2026. The shares were listed on NSE and BSE on 1 July 2026.
The price band for the IPO is set at ₹769 to ₹808 per share. The minimum amount required for a retail investor is ₹14,544 (18 shares, 1 lot). The minimum amount required for an sHNI investor is ₹2,03,616 (252 shares, 14 lots).
The final allotment price for the Cordelia Cruise (Waterways Leisure Tourism) IPO was fixed at ₹808 per share. The shares successfully listed on the BSE at ₹690.00 per share (with a listing gain of -14.60%) and on the NSE at ₹681.00 per share (with a listing gain of -15.72%).
Centrum Capital Ltd, Intensive Fiscal Services Pvt Ltd and Motilal Oswal Investment Advisors Ltd is the lead manager and MUFG Intime India Private Limited is the registrar of the IPO.
Refer to Cordelia Cruise (Waterways Leisure Tourism) RHP for more detailed information.
Waterways Leisure Tourism Share Price Analysis API (Live)
Cordelia Cruise (Waterways Leisure Tourism) IPO Details Listed
IPO Issue Details
Waterways Leisure Tourism (Cordelia Cruise) IPO Lot Size & Required Amount
Number of Shares Per Lot = Shares
| Application | Lot(s) | Shares | Amount |
|---|---|---|---|
|
Retail (Min) Minimum investment required for Retail Individual Investors (RII). |
1 | 18 | ₹14,544 |
|
Retail (Max) Maximum investment allowed for Retail Individual Investors (Must be under ₹2 Lakhs). |
13 | 234 | ₹1,89,072 |
|
S-HNI (Min) Minimum investment for Small High Net-worth Individuals (sHNI) (Must be above ₹2 Lakhs). |
14 | 252 | ₹2,03,616 |
|
S-HNI (Max) Maximum investment for Small High Net-worth Individuals (sHNI) (Must be up to ₹10 Lakhs). |
68 | 1224 | ₹9,88,992 |
|
B-HNI (Min) Minimum investment for Big High Net-worth Individuals (bHNI) (Must be above ₹10 Lakhs). |
69 | 1242 | ₹10,03,536 |
IPO Reservation
Cordelia Cruise (Waterways Leisure Tourism) IPO offers total 72,40,099 shares (100.00%) . Out of which 54,30,074 shares (75.00%) allocated to QIB, 21,72,029 shares (30.00%) allocated to QIB (Ex- Anchor), 10,86,015 shares (15.00%) allocated to NII, 7,24,010 shares (35.00%) allocated to RII and 32,58,045 shares (45.00%) allocated to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
|
QIB Shares Offered
Qualified Institutional Buyers (e.g., mutual funds, banks). |
54,30,074 shares (75.00%) |
|
-
QIB (Anchor Investor)
A portion of QIB shares reserved specifically for anchor investors. |
32,58,045 shares (45.00%) |
|
-
QIB (Ex. Anchor)
Remaining QIB shares after anchor investor allocation. |
21,72,029 shares (30.00%) |
|
NII (HNI) Shares Offered
Non-Institutional Investors, also known as High Net-worth Individuals. |
10,86,015 shares (15.00%) |
|
-
bNII (bids > ₹10L)
Big HNI category for applications above ₹10 Lakhs. |
7,24,010 shares (10.00%) |
|
-
sNII (bids < ₹10L)
Small HNI category for applications between ₹2 Lakh and ₹10 Lakh. |
3,62,005 shares (5.00%) |
|
Retail Shares Offered
Retail Individual Investors applying for up to ₹2 Lakh. |
7,24,010 shares (35.00%) |
| Total Shares Offered | 72,40,099 shares (100.00%) |
IPO Anchor Investors
Cordelia Cruise (Waterways Leisure Tourism) IPO raises ₹263.25 crore from anchor investors. Cordelia Cruise (Waterways Leisure Tourism) IPO anchor bid date was 22 June 2026.
💼 Anchor Investors Allocation Letter (PDF)| 31 Mar 26 In Cr. | 31 Mar 25 In Cr. | 31 Mar 24 In Cr. | |
|---|---|---|---|
| Assets | 341.78 | 247.37 | 399.2 |
| Revenue | 586.99 | 597.68 | 452.15 |
| Profit After Tax | 52.14 | 168.19 | -122.73 |
| EBITDA | 117.48 | 215.46 | 111.15 |
| Net Worth | 80.2 | 32.78 | -118.07 |
| Total Borrowing | 101.9 | 30.44 | 5.18 |
| Reserves & Surplus | 15.05 | -31.9 | -182.75 |
Financial Performance Indicator (FPI)
| FPI | 31 Mar 2026 | |
|---|---|---|
ROE Return on Equity (ROE) is a measure of financial performance... | 0.92% | |
ROCE Return on Capital Employed indicates how efficiently a company uses its capital. | 1.14% | |
Debt/Equity A ratio comparing total liabilities to shareholder equity. | 1.27 | |
RoNW RoNW (Return on Net Worth) is the percentage of profit earned relative to the company's net worth and reflects overall profitability for shareholders. | 92.70% | |
PAT Margin Profit After Tax as a percentage of revenue. Shows how much net profit is retained from every rupee of sales. | 0.09% | |
EBITDA Margin EBITDA Margin indicates earnings before interest, tax, depreciation, and amortisation as a percentage of revenue; reflects core operating efficiency. | 0.20% | |
Price to Book Value Compares the stock's market price to its book value per share. A higher ratio may indicate market premium. | 65.64 |
| Pre IPO | Post IPO | |
|---|---|---|
EPS Rs Earnings Per Share is a company's profit divided by outstanding shares. | 8.00 | |
P/E (x) Price to Earnings ratio is the ratio of a stock's market price to its earnings per share. Indicates how much investors pay per rupee of earnings. | 100.96 | |
Promoter Holding The percentage of total shares held by the company's founders or promoter group. | 99.27% | 89.35% |
Market Cap Total market value of a company's outstanding shares. | 5,849.47 crore | |
IPO Peer Comparison
| Company Name | P/E ratio | EPS (Basic) | EPS (Diluted) | NAV (per share) | RoNW (%) | P/BV |
|---|---|---|---|---|---|---|
| Imagica World Entertainment | 4,544.00(Imagica) | 0.01(Imagica) | 0.01(Imagica) | 22.16(Imagica) | 0.10(Imagica) | 4,544.00(Imagica) |
| Wonderla Holidays | 40.98(Wonderla) | 12.89(Wonderla) | 12.83(Wonderla) | 283.33(Wonderla) | 4.64(Wonderla) | 40.98(Wonderla) |
| Taj GVK Hotels & Resorts | 4.97(Taj) | 65.31(Taj) | 65.31(Taj) | 226.37(Taj) | 39.48(Taj) | 4.97(Taj) |
| Samhi Hotels | 6.19(Samhi) | 25.61(Samhi) | 25.47(Samhi) | 98.24(Samhi) | 34.07(Samhi) | 6.19(Samhi) |
| Juniper Hotels | 31.90(Juniper) | 6.36(Juniper) | 6.36(Juniper) | 128.91(Juniper) | 5.06(Juniper) | 31.90(Juniper) |
| Lemon Tree Hotels | 40.98(Lemon) | 2.87(Lemon) | 2.87(Lemon) | 26.25(Lemon) | 11.73(Lemon) | 40.98(Lemon) |
| Chalet Hotels | 25.73(Chalet) | 29.50(Chalet) | 29.46(Chalet) | 168.83(Chalet) | 19.40(Chalet) | 25.73(Chalet) |
| Waterways Leisure Tourism | (Waterways) | 8.02(Waterways) | 8.02(Waterways) | 12.31(Waterways) | 92.70(Waterways) | (Waterways) |
IPO Objects of the Issue
The Company proposes to utilise the net proceeds from the Issue towards the following objects:S.No | Objects | Amount (in ₹, Cr) |
1 | Payment towards deposit/ advanced lease rental and monthly lease payments to the company's step-down subsidiary, Baycruise Shipping and Leasing (IFSC) Private Limited (“Baycruise IFSC”). | 480.01 |
2 | General corporate purposes | [●] |
Total: | [●] |
Waterways Leisure Tourism (Cordelia Cruise) IPO Lead Manager(s)
- Centrum Capital Ltd
- Intensive Fiscal Services Pvt Ltd
- Motilal Oswal Investment Advisors Ltd
IPO Frequently Asked Questions (FAQ)
IPO is a mainboard IPO. The company will raise upto for . Face value is , Price band is , and cutt off price is . The IPO opens on and closes on . is the registrar and shares of IPO will be listed at .
The issue size of IPO is . For fresh issue: and for offer for sale: .
Price band for IPO is . Applying IPO application at cutt off price (the upper end of price band) is considered safer than the applying IPO application at lower end of price band.
The lot size of IPO is of . Minimum order quantity for retail investor is shares ( lots) and required amount is . Minimum order quantity for sHNI is shares ( lots) and required amount is . Minimum order quantity for bHNI investor is shares ( lots) and required amount is .
The investors portion reserved for QIB is , reserved for HNI is and reserved for retail investors.
The IPO will be available for subscription from to . IPO open date is and close date is .
Allotment date for IPO is . On the allotment date, After the IPO allotment status is announced, investors can check their IPO application allotment status on their respective IPO registrar.
The registrar for IPO is .
The IPO will be listed on at .