Waterways Leisure Tourism share price was locked in the 10% upper circuit during morning trade on Thursday, July 2, 2026, a day after the company made its stock market debut. The stock had listed at a discount to its IPO price on July 1 before witnessing buying interest in the following trading session.
As of July 2, 2026, at 10:05 AM, Waterways Leisure Tourism share price was locked at ₹734.90 each on the NSE, up 10% from its previous close of ₹668.10.
The stock opened at ₹680.00, touched an intraday high of ₹734.90, which was also its upper circuit limit, and recorded an intraday low of ₹680.00.
Waterways Leisure Tourism made its stock market debut on July 1, 2026, with a weaker-than-IPO listing.
The stock was listed at ₹681 per share on the NSE, a discount of about 15.72% to its IPO issue price of ₹808 per share. On the BSE, it debuted at ₹690 per share, reflecting a discount of about 14.60%.
The ₹585 crore IPO of Waterways Leisure Tourism was open for subscription between June 23 and June 25, 2026, and was subscribed 1.46 times overall.
The retail investor portion was subscribed 4.19 times, while the non-institutional investor (NII) category received 1.17 times subscription. The qualified institutional buyer (QIB) portion was subscribed 0.69 times.
Ahead of the IPO, the company raised ₹263.25 crore from anchor investors.
Waterways Leisure Tourism reported total income of ₹586.99 crore for the financial year ended March 31, 2026, compared with ₹597.68 crore in FY25, reflecting a decline of 1.8% year-on-year.
Profit after tax (PAT) stood at ₹52.14 crore in FY26, compared with ₹168.19 crore in the previous financial year, marking a decline of 69.0%. EBITDA was ₹117.48 crore in FY26 versus ₹215.46 crore in FY25, down 45.5% year-on-year.
Net worth improved to ₹80.20 crore, compared with ₹32.78 crore in FY25, registering a growth of 144.7%. Reserves and surplus increased to ₹15.05 crore from negative ₹31.90 crore in the previous year, while total borrowings rose to ₹101.90 crore from ₹30.44 crore, an increase of 234.8%.
Waterways Leisure Tourism operates Cordelia Cruises, India's domestic ocean cruise brand. The company offers luxury cruise experiences across domestic and international destinations and focuses on the country's growing cruise tourism segment.
Waterways Leisure Tourism share price witnessed strong buying interest on July 2, with the stock hitting its 10% upper circuit a day after listing at a discount to its IPO price. The movement came after the company's market debut on July 1, following the completion of its ₹585 crore initial public offering.
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Published on: Jul 2, 2026, 10:17 AM IST
Rakesh Deshmukh
Rakesh Deshmukh is a financial content specialist with around 3 years of experience writing impactful content across equities, mutual funds, IPOs, and personal finance. At Angel One, he decodes real-time market trends and breaking news, helping investors and traders stay updated. He also helps investors make informed decisions by simplifying market fundamentals and technical analysis. He holds a bachelor’s degree in commerce.
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