Waterways Leisure opens ₹585 cr IPO at ₹769-808; anchor books ₹263 cr ahead of muted debut
Domestic ocean cruise operator Waterways Leisure Tourism launches its ₹585 crore fresh issue on June 23 at a ₹769-808 band. Anchors committed ₹263.25 crore, but grey market premium sits at just ₹12 (1.49%), signalling tepid listing expectations. Proceeds repay lease obligations to subsidiary Baycruise IFSC.
Domestic ocean cruise operator Waterways Leisure Tourism opens ₹585 crore IPO on June 23, priced at ₹769-808. Proceeds fund lease obligations to subsidiary Baycruise IFSC. Anchor raised ₹263 crore; grey market premium muted at 1.49%.