Watreways Leisure IPO subscribed 1.53 times, bids for 6.10 million shares against 3.98 million offered
Allotment on June 29, 2026; refunds June 30; listing on July 1, 2026
GMP at Rs -35, indicating weak sentiment and estimated listing around Rs 773
Watreways Leisure IPO subscribed 1.53 times, bids for 6.10 million shares against 3.98 million offered
Allotment on June 29, 2026; refunds June 30; listing on July 1, 2026
GMP at Rs -35, indicating weak sentiment and estimated listing around Rs 773
The tourism and leisure company Waterways Leisure Tourism’s initial public offering (IPO) was subscribed 1.53 times the total shares on offer. The issue received bids for approximately 6.10 million shares against 3.98 million shares on offer. The IPO was open for public subscription between June 23 and June 25, 2026.
Waterways Leisure Tourism will finalise the share allotment on June 29, 2026. Refunds for unsuccessful applicants are expected to be processed on June 30, 2026, while shares will be credited to successful bidders’ demat accounts on the same day. The stock is scheduled to list on both NSE and BSE on July 1, 2026.
Issue Size: Waterways Leisure Tourism raised Rs 585 crore through its IPO, which included entirely a fresh issue of around 7.24 million shares.
Price Band, Lot Size, Minimum Investment: The issue price was fixed at Rs 769 to Rs 808 per share, with a lot size of 18 shares. Retail investors were required to invest a minimum of Rs Rs 14,544 for one lot, based on the upper price band.
Objectives: The company plans to use the net proceeds towards payment of deposit, advance lease rental and monthly lease payments to its step-down subsidiary, Baycruise Shipping and Leasing (IFSC) Pvt. Ltd. (Baycruise IFSC), and for general corporate purposes.
BRLMs, Registrar: Centrum Broking is the book running lead manager, and MUFG Intime is the registrar to the issue.
Waterways Leisure Tourism IPO shares’ grey market premium (GMP) last traded at Rs -35 per share below the issue price as of June 26, 2026, 8:54 AM, according to market trackers.
Based on the current GMP and the upper price band of Rs 808, the estimated listing price is around Rs 773 per share, indicating a loss of 4.33 per cent.
The GMP trend has been declining steadily. It started with a small premium of Rs 16–24 during the early bidding phase, then eased to Rs 5–6 in the middle of subscription. After allotment, it turned negative and fell further to Rs -28 and then Rs -35.
It is important to note that GMP is an unofficial indicator of market sentiment and should not be treated as a reliable predictor of listing-day performance.
Applicants can check their allotment status on the official websites of NSE, BSE, and the registrar of the issue, MUFG Intime.
Go to NSE’s official website
Navigate to the “Invest” tab and click on the “Resources & Tools” section
Click on “Check Trades/Bids” and select “Verify IPO Bids”
Open “Equity & SME IPO Bid Details”
Select “Waterways Leisure Tourism” under the symbol option
Enter your PAN or application number
Click on “Submit” to view your allotment status
Go to the official website of BSE
Click on the “Investors” section
Go to “Investor Services” and select “Status of the Issue Application”
Click on “Check Status” or “Application Status Check”
Select issue type as “Equity”
Choose “Waterways Leisure Tourism” in the issue name
Enter application number or PAN
Complete captcha verification and click “Search”
Go to the official website of MUFG Intime (https://in.mpms.mufg.com/Initial_Offer/public-issues.html)
On the home page, navigate to the “Investor Services” tab and click on “Public Issues”
Select “Waterways Leisure Tourism IPO” from the drop-down menu
Enter any one of the following details:
PAN, Application number, Depository Participant ID/Client ID, or Bank account number / IFSC code
Click on “Submit” to view your allotment status