Cordelia operator Waterways Leisure heads into IPO Day 3 at 51% subscribed, retail book 2.34x
Waterways Leisure Tourism, owner of Cordelia Cruises with 65% share of India's cruise market, enters final day of its ₹585 crore IPO at price band ₹769-808. Retail portion is 2.34x covered while GMP holds at just ₹5. Management plans to scale capacity from 796 to 2,800 rooms via Norwegian Sky and Sun acquisitions.
Waterways Leisure Tourism, operator of Cordelia Cruises with 65% share of India's cruise market, enters final day of its ₹585 crore IPO at 51% subscription. Management plans fleet expansion via Norwegian Sky and Sun, taking capacity from 796 to 2,800 rooms.