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Should long term investors bet on Waterways Leisure IPO?
Ocean cruise operator Waterways Leisure Tourism is set to raise ₹585 crore for expansion and lease payments. Despite operating a single vessel, the company plans to add two more, aiming to boost capacity. However, recent financial reports show declining revenue and profits, with a significant increase in passenger attrition and dependence on Mumbai as a key port. Investors are advised to await financial clarity due to these concerns.
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thehindubusinessline.com
Waterways Leisure Tourism IPO review: Business, Valuation, Prospects
Waterways Leisure Tourism IPO is priced steeply as Cordelia Cruises expands from one vessel to three. Investors should watch occupancy, yields and lease costs.
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economictimes.indiatimes.com
Should long term investors bet on Waterways Leisure IPO?
Ocean cruise operator Waterways Leisure Tourism is set to raise ₹585 crore for expansion and lease payments. Despite operating a single vessel, the company plans to add two more,…
