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Waterways Leisure Tourism IPO Opens Today: Check GMP, Subscription Status, Price Band

Waterways Leisure Tourism IPO, operator of Cordelia Cruises, opened its Rs 585-crore issue for subscription on June 23. Read on for details on the price band, GMP, allotment and listing dates, and other key information about the IPO

The issue is entirely a fresh issue of shares and there is no offer for sale component. Photo: Waterways Leisure Tourism

Waterways Leisure Tourism IPO: The initial public offering (IPO) of Waterways Leisure Tourism opened for public subscription on June 23 and will close on June 25. The company aims to raise Rs 585 crore through a fresh issue of 72.4 million equity shares.

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The IPO has been priced in the range of Rs 769-808 per share. Investors can bid for a minimum of 18 shares, requiring an investment of Rs 14,544 at the upper end of the price band. Centrum Broking is the book-running lead manager to the issue, while MUFG Intime India is acting as the registrar.

The issue is entirely a fresh issue of shares and there is no offer for sale component.

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