ListedMainboard

Waterways Leisure Tourism Limited

CORDELIA23 Jun 2026 – 25 Jun 2026INE0LZF01013
On listing day it
we hold no exchange bar dated on the listing date
Since then, against the issue price
+29.2%
₹1,043.6 on 24 Aug 2026

Against an issue price of ₹808. Split- and bonus-adjusted official closes — a past move, never a forecast.

Issue price
₹808
final issue price
Issue size
Lot size
18 sh
₹14,544 a lot
Listed on
1 Jul 2026
NSE
Notes

Waterways Leisure Tourism Limited was a mainboard initial public offer.

The book was open from 23 June 2026 to 25 June 2026.

The issue was priced at ₹808 a share, from a band of ₹769 to ₹808.

We did not poll this issue while its book was open. The exchange publishes only the current cumulative figure and no history, so a subscription series cannot be reconstructed after an issue closes.

The shares listed on 1 July 2026.

The last official close on file is ₹1,044 (24 August 2026), which is 29.2% above the issue price.

How it has done since listing
NSE close · 24 Aug 2026
Issue price
₹808
final issue price
Listing-day move
Now vs issue price
+29.2%
24 Aug 2026
Since first close

Shares sold in the issue at ₹808 last closed at ₹1,043.6.

Official exchange closes, restated for splits, bonuses and rights issues since listing. A record of past price movement, not a forecast.

The offer
Issue price
₹808
face value ₹10
Lot size
18 sh
₹14,544 a lot
Registrar
MUFG Intime India Private Limited
Lead manager
  • Centrum Broking Limited
What happens when
3-day book
  1. Bidding opens23 Jun 2026
  2. Bidding closes25 Jun 2026
  3. Basis of allotmentnot published

    Not published in the exchange feeds we ingest — we do not estimate it.

  4. Listing1 Jul 2026
Subscription

We did not poll this issue while its book was open. The exchange publishes only the current cumulative figure and no history, so a subscription series cannot be reconstructed after an issue closes.

Demand at each price

We did not poll this issue while its book was open. The exchange publishes only the current cumulative figure and no history, so a subscription series cannot be reconstructed after an issue closes.

Anchor investors

We have not extracted an anchor allotment list for this issue.

When locked shares come free
computed from ICDR rules
  • Anchor investors — first tranche
    SEBI ICDR 2018 Reg. 32(5)(b) — 50% of the anchor allocation, 30 days from allotment
    31 Jul 2026
    50% of this tranche
  • Anchor investors — second tranche
    SEBI ICDR 2018 Reg. 32(5)(a) — the remaining 50% of the anchor allocation, 90 days from allotment
    29 Sept 2026
    50% of this tranche
  • All other pre-issue capital
    SEBI ICDR 2018 Reg. 17 — all other pre-issue capital, 6 months from allotment
    1 Jan 2027
    whole tranche releases on this date
  • Promoters' minimum contribution
    SEBI ICDR 2018 Reg. 16(1)(a) — promoters' minimum contribution, 18 months from allotment
    1 Jan 2028
    whole tranche releases on this date

Computed from the SEBI ICDR 2018 lock-in rules, not disclosed by the issuer or the exchange. The regulation counts from the date of allotment, which no feed we ingest publishes, so these are counted from the listing date and fall at most two to three business days later than the true expiry.

How the price was set
as printed in the prospectus

Every offer document must set out the reasoning behind its own price: what the company earned in the years before it came to market, and what multiple of those earnings it is asking for. This is that chapter — the issuer’s argument for its price, not our assessment of it.

Asking, at the top of the band
The issuer's chosen peers
495.3x
average of a 5.0x – 4,544.0x range
Earnings the price leans on
Earnings per share, by year
YearBasicDilutedWeight
FY2024₹-18.97₹-18.971
FY2025₹26.00₹26.002
FY2026₹8.02₹8.023

Figures as printed in the offer document's "Basis for Offer Price" chapter. A record of the case the issuer made for its own price, not our valuation of it.

The numbers behind the offer
from the offer document

Restated figures the issuer is required to publish in its offer document, covering the years before it came to market.

LineFY2024FY2025FY2026
Cash flow from financing(₹ million)-1,463.34-479.87586.25
Cash flow from investing(₹ million)-745.24-660.23104.76
Cash flow from operating(₹ million)2,300.671,296.69-964.35
EBITDA(₹ million)1,111.452,154.591,174.8
Equity Share Capital(₹ million)646.82646.82651.54
Net Worth(₹ million)-1,180.66327.82802.04
Revenue from operations(₹ million)4,440.65,906.055,797.45
RoNW (%)(%)2.173.940.92
Total borrowings(₹ million)51.76304.41,019.01

Figures as filed by the issuer in its offer document.

What the money will be used for
from the offer document

What the company says it will do with the money it raises. Only the fresh-issue portion reaches the company; anything raised through an offer for sale goes to the shareholders selling.

  • Payment towards deposit/ advanced lease rental and monthly lease payments4,800.1₹ million
  • General corporate purposes*#

Figures as filed by the issuer in its offer document.

Who the issuer compares itself to
as printed in the offer document

The offer document must name the listed companies the issuer considers comparable, and print their valuation figures beside its own. This is that list — the issuer’s choice of comparison, not ours.

CompanyP/ERoNW
Carnival 587,165.08 Corporation & PLCnot in our universe2.1%
Chalet Hotels Limited25.719.4%
Imagicca 3,738.54 World Entertainmentnot in our universe0.1%
Juniper Hotels Limited31.95.1%
Lemon Tree Hotels Limited41.011.7%
Norwegian 146,893.18 Cruise Line Holdings Ltdnot in our universe4.5%
Royal 424,016.05 Caribbean Cruises Ltdnot in our universe9.4%
Samhi Hotels Limited6.234.1%
Taj GVK Hotels & Resorts Limited5.039.5%
The issuer’s own figures, as it printed them
EPS
₹8.02
NAV per share
₹17,968.97
Return on net worth
4.64%

The issuer's own figures as printed at the head of the same table — its claim about itself, on the same basis as its claims about the companies below.

Figures as PRINTED by the issuer in its own offer document. The comparison set is the issuer's choice, not ours.

Who ran this issue, and what else they have run
past issues only
Lead manager
FirmIssuesTypical listing move
Centrum Broking Limited
20262026
3
1 measurable
+6.5%
Registrar
FirmIssuesTypical listing move
Mufg Intime India Private Limited
20252026
78
18 measurable
+17.2%

A count of what happened to the other issues each firm was named on, computed from exchange closes. Not a rating, not a ranking, and not a view on the firm.

Read the offer documents
6 filed

Filed with SEBI and the exchanges by the issuer. These are the source for every figure on this page.

Compiled from NSE and SEBI offer documents and exchange feeds. A description of the issue and of the bids received — not investment advice, and not a view on whether to apply. No grey-market premium, no allotment lookup and no listing-gain estimate is published here.