Waterways Leisure Tourism IPO entered Day 2 with weak investor demand and a GMP of around 1%, signalling a flat listing outlook. Subscription stood at just 19% on Day 1, with limited institutional interest. Analysts advise caution, recommending investors focus on long-term prospects rather than listing gains.

Waterways Leisure Tourism IPO is priced steeply as Cordelia Cruises expands from one vessel to three. Investors should watch occupancy, yields and lease costs.

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,…

The IPO is entirely a fresh issue worth Rs 585 crore, with no offer-for-sale component. The company has fixed a price band of Rs 769-808 per share, and investors can bid for 18…