Waterways Leisure Tourism IPO Subscription Status Day 1: Retail Segment Leads Early Demand as Issue Sees 0.02x Subscription

Mumbai, June 23: Waterways Leisure Tourism IPO was subscribed 0.02 times as of June 23, 2026. The public issue opened for bidding on June 23, 2026, and will remain available for subscription until June 25, 2026.

The ₹585 crore book-built IPO consists entirely of a fresh issue of 72,40,099 equity shares. The company has fixed the price band at ₹769 to ₹808 per share, while the minimum application size has been set at 18 shares.

Subscription data from the exchanges indicated a slow start on the opening day, with retail investors contributing the bulk of bids while qualified institutional buyers and non-institutional investors showed limited participation.

Waterways Leisure Tourism IPO Subscription Status Day 1

As of June 23, 2026, the IPO was subscribed 0.02 times overall.

Within the NII category, the sNII portion was subscribed 0.02x, while the bNII segment stood at 0.00x.

Retail investors bid for 66,222 shares against 7,24,010 shares reserved for the category, resulting in subscription of 0.09x.

The QIB (Ex Anchor) segment did not record any meaningful subscription on Day 1, with no bids received against the shares available for institutional investors excluding anchors.

Issue Structure

The IPO is entirely a fresh issue of 72,40,099 equity shares aggregating up to ₹585 crore.

As per the reservation structure, not less than 75% of the issue is reserved for qualified institutional buyers, not more than 15% for non-institutional investors and not more than 10% for retail investors.

Day-Wise Subscription Trend

The first day trend reflects cautious investor participation, with subscription levels expected to evolve as institutional and high-net-worth investor bids emerge closer to the issue closing date.

Waterways Leisure Tourism IPO Key Details

• IPO Open Date: June 23, 2026
• IPO Close Date: June 25, 2026
• Price Band: ₹769 to ₹808 per share
• Issue Size: ₹585 crore
• Fresh Issue: 72,40,099 equity shares
• Lot Size: 18 shares
• Listing Exchanges: BSE and NSE
• Tentative Allotment Date: June 29, 2026
• Tentative Listing Date: July 1, 2026

Anchor Investor Participation

Ahead of the IPO opening, the company allotted 32,58,045 shares to anchor investors at ₹808 per share, raising approximately ₹263.25 crore.

The anchor book represented 45% of the total issue size and included participation from a mix of domestic and overseas institutional investors.

About Waterways Leisure Tourism Limited

Waterways Leisure Tourism Limited operates in the cruise tourism segment and is associated with the Cordelia Cruises brand. The company is raising funds through a fresh issue of equity shares and proposes to list its shares on the BSE and NSE following the completion of the IPO process.

Conclusion

Waterways Leisure Tourism IPO ended Day 1 with overall subscription of 0.02x. Retail investors led demand with 0.09x subscription, while NII participation stood at 0.01x and QIB bids remained absent outside the anchor allocation. Investor activity during the remaining subscription period will be closely monitored ahead of the issue’s closure on June 25, 2026.

Source:

• https://www.chittorgarh.net/reports/anchor-investor/waterways-leisure-ipo-anchor-allocation-report.pdf