Waterways Leisure Tourism IPO Details
SEBI has granted its approval on September 26, 2025 for the Initial Public Offer (IPO) of Waterways Leisure Tourism Ltd., paving the way for its public issue, subject to market conditions and other regulatory clearances. The SEBI nod remains valid for 12 months.
The IPO will be a Book Built Issue of Rs. 727 crore, comprising entirely a fresh issue — with no offer-for-sale component, indicating that all funds raised will flow into the company for business expansion.
The equity shares will be listed on NSE and BSE. Centrum Capital Ltd. acts as the Book Running Lead Manager, while MUFG Intime India Pvt. Ltd. is the Registrar. Key details such as IPO dates, price band, and lot size are awaited.
🕗 Last Update: 13 October 2025, 6.00 AM
IPO Key Dates
| IPO Opens on | Oct, 2025 |
| IPO Closes on | Oct, 2025 |
| Allotment on | Oct, 2025 |
| Initiation of Refunds | Oct, 2025 |
| Credit of Shares | Oct, 2025 |
| Listing Date | Oct, 2025 |
Subscription updates:
The promoters
Global Shipping and Leisure Limited and Rajesh Chandumal Hotwani are the company promoters..
The promoters hold 99.27 % shares in the pre-IPO capital of the company.
Objects of IPO
The IPO consists fresh issue of capital.
| Objects of the Issue | Rs. in crores |
| Payment towards deposit/ advanced lease rental and monthly lease payments to our stepdown subsidiary, Baycruise Shipping and Leasing (IFSC) Private Limited (“Baycruise IFSC”). | 552.53 |
| General corporate purposes |
Business :
IPO Details
| Opens On | ? October 2025 |
| Closes on | ? October 2025 |
| Face Value | Rs.10 |
| Issue Price Band | Rs.? |
| Lot Size | ? Shares |
| Sale Type | Offer for Sale |
| Total Issue Size | ? shares |
| Total Issue Size | Rs. 3000 Cr |
| Employee Discount | Rs. 0 |
| Shareholder Discount | Rs. 0 |
| Listing At | BSE, NSE |
How are the shares offered?
| Investor Category | Shares Offered |
| QIB Shares Offered | Not less than 50% of the Net Offer |
| Retail Shares Offered | Not more than 35% of the Net Offer |
| NII Shares Offered | Not more than 15% of the Net Offer |
How Shares can be applid?
| Application | Lots | Shares | Amount Rs. |
| Retail (Min) | |||
| Retail (Max) | |||
| S-HNI (Min) | |||
| S-HNI (Max) | |||
| B-HNI (Min) |
How to check Allotment Status
Allotment of this IPO will be announced on ? October 2025 and the link to check allotment is given below:
https://linkintime.co.in/Initial_Offer/public-issues.html
| Registered Office of the company Waterways Leisure Tourism Ltd. A-1601, Marathon Futurex, NM Joshi Marg, Lower Parel, Delisle Road, Mumbai, Maharashtra, 400013 Email: cs@waterways-leisure.com |
|
| The Lead Managers Centrum Capital Ltd. Intensive Fiscal Services Pvt.Ltd. Motilal Oswal Investment Advisors Ltd. |
|
| Registrar to IPO | |
| Mufg Intime India Pvt ltd |
Financial Snapshot
| Period Ended | 31-Dec-24 | 31-Mar-24 | 31-Mar-23 | 31-Mar-22 |
| Assets | 243.79 | 327.93 | 307.02 | 57.8 |
| Total Income | 414.21 | 450.2 | 486.22 | 136.75 |
| Profit After Tax | 139.25 | -119.96 | 55.31 | -114.98 |
| Net Worth | 24.38 | -114.77 | 5.19 | -114.85 |
| Reserves and Surplus | -40.26 | -179.51 | -59.55 | -114.87 |
| Total Borrowing | 4.4 | 0 | 0 | 73.51 |
| Amount in Rs. Crore | ||||
Key Performance Indicators
| KPI | Values |
| ROE | 2.19 |
| ROCE | 0.61 |
| RoNW | 218.94% |
| PAT Margin | -0.27% |
Peer Comparison
IPO Concise Review by Paresh Gordhandas, CA & Research Analyst
Chanakya has strong following because of its IPO reviews. We shall update our review for this IPO, once the price band and latest results are available.
Waterways Leisure Tourism IPO dates
Waterways Leisure Tourism IPO price & Lot
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