Cordelia Cruises operator opens Rs 585 cr IPO at Rs 769-808; Day 1 subscribed 5%
Waterways Leisure Tourism, parent of India's sole domestic ocean cruise brand Cordelia Cruises, launched its Rs 585 crore IPO after mopping up Rs 263.25 crore from anchors. Day 1 subscription stood at 5% with a muted GMP of Rs 12. Company commands 79% market share in FY25 with ATP of Rs 10,980 on the 2,005-guest MV Empress.
Waterways Leisure Tourism, operator of India's only domestic ocean cruise brand Cordelia Cruises, opened its Rs 585 crore IPO at Rs 769-808 band; subscribed 5% on Day 1 after raising Rs 263 crore from anchors. GMP Rs 12.