Cordelia Cruises parent banks Rs 263 cr from anchors ahead of Rs 585 cr IPO
Waterways Leisure Tourism, operator of Cordelia Cruises with 79% market share and 730,819 guests served, locked in Rs 263.25 cr from anchor investors at Rs 808/share. The Rs 585 cr fresh issue opens June 23, with Rs 480 cr earmarked for vessel lease payments across Mumbai, Goa, Kochi and Lakshadweep routes.
Cordelia Cruises parent Waterways Leisure Tourism raised Rs 263.25 cr from anchor investors ahead of its Rs 585 cr IPO opening June 23, 2026. Proceeds largely fund lease payments for cruise vessel operations across Indian coastal destinations.