{"id":131793,"date":"2026-06-26T01:00:00","date_gmt":"2026-06-25T19:30:00","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=131793"},"modified":"2026-06-25T17:35:11","modified_gmt":"2026-06-25T12:05:11","slug":"waterways-leisure-tourism-ipo-allotment-date-cordelia-cruises-subscription-listing","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/waterways-leisure-tourism-ipo-allotment-date-cordelia-cruises-subscription-listing\/","title":{"rendered":"Waterways Leisure Tourism IPO Allotment: Cordelia Cruises Subscription Status, GMP Rs 5-6, Listing July 1 on BSE\/NSE"},"content":{"rendered":"<div class=\"meta-block\"><\/div>\n<p style=\"border-left: 4px solid #1F4E79; background: #EBF3FB; padding: 10px 16px; font-style: italic;\"><em>Waterways Leisure Tourism IPO: 69% subscribed by 11:25 AM Day 3. GMP Rs 5-6. Allotment recently. Listing recently. Price Rs 808. Issue Rs 585 Cr. Anchor Rs 263 Cr. MV Empress. Registrar: MUFG Intime.<\/em><\/p>\n<p>The Waterways Leisure Tourism IPO, which operates India&#8217;s only domestic ocean cruise line under the Cordelia Cruises brand, closes today with subscription data showing 69% uptake as of 11:25 AM , translating to 28,74,798 shares bid against 41,84,004 available for public subscription. The Waterways Leisure Tourism IPO allotment date is Monday, recently. Investors who applied should note that the Rs 263.25 crore anchor allocation (recently) to 11 institutional investors is separate from public subscription; whether the overall issue reaches the minimum subscription threshold required for SEBI compliance depends on aggregate demand across all categories by close of trading today. Ankit Jaiswal, Senior Research Analyst at Univest provides the complete picture on the Waterways Leisure Tourism IPO subscription, allotment process, and what the GMP of Rs 5-6 implies for the recently listing.<\/p>\n<p>The Waterways Leisure Tourism IPO grey market premium stands at Rs 5-6 per share, implying a listing price of approximately Rs 813-814 , just 0.6-0.7% above the issue price of Rs 808. This nearly-nil GMP reflects mixed investor sentiment around Cordelia Cruises: the company holds India&#8217;s dominant domestic ocean cruise position (79% market share by value) and has served over 730,000 guests on the MV Empress, but FY26 financials showed a decline in both revenue (Rs 586.99 crore vs Rs 597.68 crore in FY25) and PAT (Rs 52 crore vs Rs 168 crore in FY25). The valuation , based on a Rs 585 crore fresh issue primarily to fund lease payments to its subsidiary Baycruise Shipping , has drawn scepticism from IPO analysts who have flagged the asset-light single-vessel business model and declining profitability as concerns at this price point.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=waterways-leisure-tourism-ipo-allotment-date-cordelia-cruises-subscription-listing\"><strong>Click Here &#8211; Track All IPO Allotments on Univest<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/waterways-leisure-tourism-ipo-allotment-date-cordelia-cruises-subscription-listing\/#Waterways_Leisure_Tourism_IPO_Allotment_Key_Dates_and_Details\" title=\"Waterways Leisure Tourism IPO Allotment: Key Dates and Details\">Waterways Leisure Tourism IPO Allotment: Key Dates and Details<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/waterways-leisure-tourism-ipo-allotment-date-cordelia-cruises-subscription-listing\/#How_to_Check_Waterways_Leisure_Tourism_IPO_Allotment_Status\" title=\"How to Check Waterways Leisure Tourism IPO Allotment Status\">How to Check Waterways Leisure Tourism IPO Allotment Status<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/waterways-leisure-tourism-ipo-allotment-date-cordelia-cruises-subscription-listing\/#About_Waterways_Leisure_Tourism_Cordelia_Cruises\" title=\"About Waterways Leisure Tourism \/ Cordelia Cruises\">About Waterways Leisure Tourism \/ Cordelia Cruises<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/waterways-leisure-tourism-ipo-allotment-date-cordelia-cruises-subscription-listing\/#Conclusion_Waterways_Leisure_Tourism_IPO_Allotment\" title=\"Conclusion: Waterways Leisure Tourism IPO Allotment\">Conclusion: Waterways Leisure Tourism IPO Allotment<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/waterways-leisure-tourism-ipo-allotment-date-cordelia-cruises-subscription-listing\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/waterways-leisure-tourism-ipo-allotment-date-cordelia-cruises-subscription-listing\/#Frequently_Asked_Questions-2\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/waterways-leisure-tourism-ipo-allotment-date-cordelia-cruises-subscription-listing\/#What_is_the_Waterways_Leisure_Tourism_IPO_allotment_date\" title=\"What is the Waterways Leisure Tourism IPO allotment date?\">What is the Waterways Leisure Tourism IPO allotment date?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/waterways-leisure-tourism-ipo-allotment-date-cordelia-cruises-subscription-listing\/#How_to_check_Waterways_Leisure_Tourism_IPO_allotment_status\" title=\"How to check Waterways Leisure Tourism IPO allotment status?\">How to check Waterways Leisure Tourism IPO allotment status?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/waterways-leisure-tourism-ipo-allotment-date-cordelia-cruises-subscription-listing\/#What_is_the_Waterways_Leisure_Tourism_IPO_subscription_status\" title=\"What is the Waterways Leisure Tourism IPO subscription status?\">What is the Waterways Leisure Tourism IPO subscription status?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/waterways-leisure-tourism-ipo-allotment-date-cordelia-cruises-subscription-listing\/#What_is_the_Waterways_Leisure_Tourism_IPO_GMP\" title=\"What is the Waterways Leisure Tourism IPO GMP?\">What is the Waterways Leisure Tourism IPO GMP?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/waterways-leisure-tourism-ipo-allotment-date-cordelia-cruises-subscription-listing\/#What_does_Waterways_Leisure_Tourism_Cordelia_Cruises_do\" title=\"What does Waterways Leisure Tourism \/ Cordelia Cruises do?\">What does Waterways Leisure Tourism \/ Cordelia Cruises do?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/waterways-leisure-tourism-ipo-allotment-date-cordelia-cruises-subscription-listing\/#What_is_the_Waterways_Leisure_Tourism_IPO_listing_date\" title=\"What is the Waterways Leisure Tourism IPO listing date?\">What is the Waterways Leisure Tourism IPO listing date?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/waterways-leisure-tourism-ipo-allotment-date-cordelia-cruises-subscription-listing\/#Why_are_Waterways_Leisure_Tourism_IPO_GMP_and_subscription_weak\" title=\"Why are Waterways Leisure Tourism IPO GMP and subscription weak?\">Why are Waterways Leisure Tourism IPO GMP and subscription weak?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/waterways-leisure-tourism-ipo-allotment-date-cordelia-cruises-subscription-listing\/#What_if_I_applied_for_Waterways_Leisure_Tourism_IPO_and_the_issue_is_undersubscribed\" title=\"What if I applied for Waterways Leisure Tourism IPO and the issue is undersubscribed?\">What if I applied for Waterways Leisure Tourism IPO and the issue is undersubscribed?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Waterways_Leisure_Tourism_IPO_Allotment_Key_Dates_and_Details\"><\/span><strong>Waterways Leisure Tourism IPO Allotment: Key Dates and Details<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Parameter<\/th>\n<th>Detail<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Waterways Leisure Tourism IPO Allotment Date<\/td>\n<td>recently<\/td>\n<\/tr>\n<tr>\n<td>Demat Account Credit<\/td>\n<td>recently<\/td>\n<\/tr>\n<tr>\n<td>Refund Initiation<\/td>\n<td>recently<\/td>\n<\/tr>\n<tr>\n<td>Waterways Leisure Tourism IPO Listing Date<\/td>\n<td>recently (BSE + NSE , Mainboard)<\/td>\n<\/tr>\n<tr>\n<td>Issue Price<\/td>\n<td>Rs 808 per share (upper band)<\/td>\n<\/tr>\n<tr>\n<td>Issue Size<\/td>\n<td>Rs 585 crore (72,40,099 shares, 100% fresh issue)<\/td>\n<\/tr>\n<tr>\n<td>Lot Size<\/td>\n<td>18 shares; Min retail: 18 shares @ Rs 14,544<\/td>\n<\/tr>\n<tr>\n<td>Public Subscription (as of 11:25 AM Day 3)<\/td>\n<td>69% (0.69x)<\/td>\n<\/tr>\n<tr>\n<td>GMP (Grey Market Premium)<\/td>\n<td>Rs 5-6 (~0.6% premium) , near-flat listing expected<\/td>\n<\/tr>\n<tr>\n<td>Anchor Investors<\/td>\n<td>Rs 263.25 crore from 11 investors at Rs 808 (FPIs dominant)<\/td>\n<\/tr>\n<tr>\n<td>Registrar<\/td>\n<td>MUFG Intime India Pvt. Ltd.<\/td>\n<\/tr>\n<tr>\n<td>Lead Manager<\/td>\n<td>Centrum Broking Ltd.<\/td>\n<\/tr>\n<tr>\n<td>Platform<\/td>\n<td>Mainboard (BSE + NSE)<\/td>\n<\/tr>\n<tr>\n<td>Brand<\/td>\n<td>Cordelia Cruises (MV Empress)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Check_Waterways_Leisure_Tourism_IPO_Allotment_Status\"><\/span><strong>How to Check Waterways Leisure Tourism IPO Allotment Status<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Track Waterways Leisure Tourism IPO Allotment on Univest<\/strong><\/a><\/p>\n<p>To check Waterways Leisure Tourism IPO allotment status on the MUFG Intime registrar website: Go to the MUFG Intime India website (web.linkintime.co.in , same registrar as Shreedhar Spinners and Avience Biomedicals). Select Waterways Leisure Tourism IPO or Cordelia Cruises IPO from the dropdown. Enter your PAN, application number, or DP\/Client ID. Click Search to view allotment outcome. Allotment status can also be checked on the BSE IPO allotment page (bseindia.com) and NSE IPO allotment page (nseindia.com) from recently. If the issue is fully subscribed at close, all retail applicants who applied at the cut-off price and whose UPI mandate was approved will be considered for allotment. Given potential undersubscription, all applicants may receive full allotment of 18 shares.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"About_Waterways_Leisure_Tourism_Cordelia_Cruises\"><\/span><strong>About Waterways Leisure Tourism \/ Cordelia Cruises<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Waterways Leisure Tourism Limited is the parent company of Cordelia Cruises, India&#8217;s only domestic ocean cruise line. Incorporated in recently20 and headquartered in Mumbai, the company operates the MV Empress, a cruise vessel with 796 cabins and a capacity of over 2,000 passengers per voyage. As of recently, over 730,000 guests had sailed on Cordelia Cruises, covering over 321,000 nautical miles across domestic routes (Mumbai, Goa, Kochi, Chennai, Lakshadweep, Visakhapatnam, Puducherry) and international destinations including Sri Lanka, Thailand, Singapore, and Malaysia. The company commands approximately 79% of India&#8217;s domestic ocean cruise market by value and operates on an asset-light model, leasing its vessels through a step-down subsidiary (Baycruise Shipping and Leasing IFSC). Fleet expansion plans include adding Norwegian Sky and Norwegian Sun vessels in coming years. Promoters: Global Shipping and Leisure Limited and Rajesh Chandumal Hotwani.<\/p>\n<table>\n<thead>\n<tr>\n<th>Financial Metric<\/th>\n<th>FY26<\/th>\n<th>FY25<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Revenue (Rs Cr)<\/td>\n<td>586.99<\/td>\n<td>597.68<\/td>\n<\/tr>\n<tr>\n<td>PAT (Rs Cr)<\/td>\n<td>52.14<\/td>\n<td>168.19<\/td>\n<\/tr>\n<tr>\n<td>Debt-Equity Ratio<\/td>\n<td>1.27<\/td>\n<td>&#8212;<\/td>\n<\/tr>\n<tr>\n<td>Vessels<\/td>\n<td>MV Empress (1)<\/td>\n<td>MV Empress (1)<\/td>\n<\/tr>\n<tr>\n<td>Guests Served<\/td>\n<td>730,000+<\/td>\n<td>549,000+<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion_Waterways_Leisure_Tourism_IPO_Allotment\"><\/span><strong>Conclusion: Waterways Leisure Tourism IPO Allotment<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Waterways Leisure Tourism IPO allotment date is recently, with listing on recently on BSE and NSE. With a near-nil GMP of Rs 5-6 and subscription that was 69% by late morning on Day 3, allotment probability for all applicants is high. Check your Waterways Leisure Tourism IPO allotment status on MUFG Intime India from recently. Given the declining FY26 financials and cautious GMP, investors should carefully assess the hold vs sell decision post-listing. Consult a SEBI-registered financial advisor before making any investment decisions.<\/p>\n<p style=\"margin-top: 24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track all IPO allotment dates and Cordelia Cruises listing updates on Univest.<\/em><\/p>\n<div style=\"background: #CC0000; border-radius: 8px; padding: 16px 20px; margin: 24px 0;\">\n<p style=\"color: #ffffff; font-size: 13px; line-height: 1.7; margin: 0;\"><strong style=\"color: #ffffff;\">Disclaimer:<\/strong> This article is for educational and informational purposes only. IPO data sourced from NSE, BSE, and registrar websites. This does not constitute investment advice. Investments in IPOs are subject to market risk. Listing gains are not guaranteed. Consult a SEBI-registered financial advisor before investing. Univest (Uniresearch Global Pvt Ltd, SEBI RA INH000013776).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[]}<\/script><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions-2\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Waterways_Leisure_Tourism_IPO_allotment_date\"><\/span><strong>What is the Waterways Leisure Tourism IPO allotment date?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Waterways Leisure Tourism IPO allotment date is recently. The registrar is MUFG Intime India Pvt. Ltd. Allotment status can be checked from recently on the MUFG Intime website, the BSE\/NSE IPO allotment portals, or through broker apps. Shares will be credited to demat accounts on recently.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_to_check_Waterways_Leisure_Tourism_IPO_allotment_status\"><\/span><strong>How to check Waterways Leisure Tourism IPO allotment status?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Visit MUFG Intime India website (web.linkintime.co.in). Select Waterways Leisure Tourism or Cordelia Cruises IPO from the dropdown. Enter PAN, application number, or DP\/Client ID. Click Search. Also check on BSE (bseindia.com) or NSE (nseindia.com) IPO allotment pages from recently.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Waterways_Leisure_Tourism_IPO_subscription_status\"><\/span><strong>What is the Waterways Leisure Tourism IPO subscription status?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Waterways Leisure Tourism IPO was subscribed 69% (0.69x) as of 11:25 AM on the final subscription day (recently), with 28,74,798 shares bid against 41,84,004 available for public subscription. The strong anchor investor allocation (Rs 263.25 crore from 11 FPI-dominated anchors) is separate. Final subscription figures will be available from NSE\/BSE after today&#8217;s close.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Waterways_Leisure_Tourism_IPO_GMP\"><\/span><strong>What is the Waterways Leisure Tourism IPO GMP?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Waterways Leisure Tourism IPO GMP is Rs 5-6, implying an estimated listing price of approximately Rs 813-814 , just 0.6-0.7% above the issue price of Rs 808. This near-nil GMP reflects cautious market sentiment around the declining FY26 financials (PAT fell from Rs 168 crore to Rs 52 crore) and the high valuation for a single-vessel operation.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_Waterways_Leisure_Tourism_Cordelia_Cruises_do\"><\/span><strong>What does Waterways Leisure Tourism \/ Cordelia Cruises do?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Waterways Leisure Tourism Limited operates India&#8217;s only domestic ocean cruise line under the Cordelia Cruises brand. The company operates the MV Empress (796 cabins, 2,000+ pax capacity) on routes covering Mumbai, Goa, Kochi, Chennai, Lakshadweep, Visakhapatnam, Puducherry and international destinations including Sri Lanka, Thailand, Singapore, and Malaysia. Over 730,000 guests have sailed on Cordelia Cruises. The company holds approximately 79% domestic ocean cruise market share by value.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Waterways_Leisure_Tourism_IPO_listing_date\"><\/span><strong>What is the Waterways Leisure Tourism IPO listing date?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Waterways Leisure Tourism IPO listing date is recently on both BSE and NSE (mainboard). Shares will be credited to demat accounts on recently. The GMP of Rs 5-6 implies a near-flat listing at approximately Rs 813 against the issue price of Rs 808.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_are_Waterways_Leisure_Tourism_IPO_GMP_and_subscription_weak\"><\/span><strong>Why are Waterways Leisure Tourism IPO GMP and subscription weak?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Waterways Leisure Tourism IPO GMP and subscription have been muted because: (1) FY26 revenue fell to Rs 586.99 crore from Rs 597.68 crore and PAT declined sharply to Rs 52 crore from Rs 168 crore; (2) The Rs 585 crore IPO proceeds are primarily earmarked for lease payments to subsidiary Baycruise IFSC , seen as financial engineering; (3) Single-vessel dependence (only MV Empress) creates operational concentration risk; (4) Debt-equity ratio of 1.27x; and (5) The issue was priced at full valuation with no discount for these risks.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_if_I_applied_for_Waterways_Leisure_Tourism_IPO_and_the_issue_is_undersubscribed\"><\/span><strong>What if I applied for Waterways Leisure Tourism IPO and the issue is undersubscribed?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> If the overall Waterways Leisure Tourism IPO remains undersubscribed below the SEBI-mandated minimum at close, the company and registrar would need to return all application funds. However, even if the public portion is 69% subscribed, the anchor allocation (Rs 263 crore) is already locked in. Whether the issue crosses the minimum subscription threshold depends on the final Day 3 public subscription numbers. If the issue proceeds normally, all applicants at cut-off price would receive full allotment given the low public subscription. Allotment status will be confirmed on recently.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the Waterways Leisure Tourism IPO allotment date?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The Waterways Leisure Tourism IPO allotment date is recently. The registrar is MUFG Intime India Pvt. Ltd. Allotment status can be checked from recently on the MUFG Intime website, the BSE\/NSE IPO allotment portals, or through broker apps. Shares will be credited to demat accounts on recently.\"}},{\"@type\":\"Question\",\"name\":\"How to check Waterways Leisure Tourism IPO allotment status?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Visit MUFG Intime India website (web.linkintime.co.in). Select Waterways Leisure Tourism or Cordelia Cruises IPO from the dropdown. Enter PAN, application number, or DP\/Client ID. Click Search. Also check on BSE (bseindia.com) or NSE (nseindia.com) IPO allotment pages from recently.\"}},{\"@type\":\"Question\",\"name\":\"What is the Waterways Leisure Tourism IPO subscription status?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The Waterways Leisure Tourism IPO was subscribed 69% (0.69x) as of 11:25 AM on the final subscription day (recently), with 28,74,798 shares bid against 41,84,004 available for public subscription. The strong anchor investor allocation (Rs 263.25 crore from 11 FPI-dominated anchors) is separate. 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