Waterways Leisure Tourism IPO GMP Today and Kostak Price
Waterways Leisure Tourism IPO Grey Market Premium (GMP) today stands at ₹ -51, indicating negative trends and possible discount listing. The Kostak rate is currently not available, while the Subject to Sauda price is quoted at currently not available. On 20 June 2026, the IPO GMP recorded a high of ₹24 and a low of ₹-51 on 1 July 2026, reflecting bearish market sentiment. You can check the day-wise GMP trend below to track price movement and investor sentiment over time.
Waterways Leisure Tourism IPO is scheduled to open for subscription on June 23, 2026. The public issue aims to raise around ₹585 Cr. and is offered in a price band of ₹769 to ₹808 per share, with a market lot of 18 shares. Investors are closely watching subscription data and grey market trends ahead of the listing.
GMP Trend Chart
Day-wise GMP Trend
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 01 Jul 2026 | ₹ -51 | -6.3% | ₹ 0 | ₹ 0 | |
| 30 Jun 2026 | ₹ -51 | -6.3% | ₹ 0 | ₹ 0 | |
| 29 Jun 2026 | ₹ -47 | -5.8% | ₹ 0 | ₹ 0 | |
| 28 Jun 2026 | ₹ -46 | -5.7% | ₹ 0 | ₹ 0 | |
| 27 Jun 2026 | ₹ -46 | -5.7% | ₹ 0 | ₹ 0 | |
| 26 Jun 2026 | ₹ -36 | -4.5% | ₹ 0 | ₹ 0 | |
| 25 Jun 2026 | ₹ -28 | -3.5% | ₹ 0 | ₹ 0 | |
| 24 Jun 2026 | ₹ 5 | 0.6% | ₹ 0 | ₹ 0 | |
| 23 Jun 2026 | ₹ 6 | 0.7% | ₹ 0 | ₹ 0 | |
| 22 Jun 2026 | ₹ 12 | 1.5% | ₹ 0 | ₹ 0 | |
| 21 Jun 2026 | ₹ 10 | 1.2% | ₹ 0 | ₹ 0 | |
| 20 Jun 2026 | ₹ 24 | 3.0% | ₹ 0 | ₹ 0 | |
| 19 Jun 2026 | ₹ 16 | 2.0% | ₹ 0 | ₹ 0 | |
| 18 Jun 2026 | ₹ 20 | 2.5% | ₹ 0 | ₹ 0 |
Waterways Leisure Tourism IPO Dates
| Event | Date |
|---|---|
| Open Date | 23 Jun, 2026 |
| Close Date | 25 Jun, 2026 |
| Allotment Date | 29 Jun, 2026 |
| Refund Date | 30 Jun, 2026 |
| Credit to Demat | 30 Jun, 2026 |
| Listing Date | 01 Jul, 2026 |
Waterways Leisure Tourism IPO Expected Listing Price
| Basis | Value |
|---|---|
| Issue Price (Upper Band) | ₹808 |
| Current GMP | ₹ -51 |
| GMP-Based Listing Estimate | ₹757 (-6.3%) |
| Listing Date | 01 Jul, 2026 |
Disclaimer: The listing price estimate above is based purely on the current grey market premium (GMP) and is not a guaranteed prediction. GMP is an unofficial, unregulated indicator and can change significantly in the 24–48 hours before listing. Do not make investment decisions based solely on GMP.
Is Waterways Leisure Tourism IPO GMP Reliable?
Grey market premium for Waterways Leisure Tourism IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- Cross-check before acting: Review the Waterways Leisure Tourism IPO full review for a fundamentals-based assessment before making any grey market trades.
Waterways Leisure Tourism IPO IPO Kostak Rate Explained
The Kostak rate for Waterways Leisure Tourism IPO was not active during the subscription period, as no grey market premium was established. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not active for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Waterways Leisure Tourism IPO
The company offers cruise vacations featuring accommodation, dining, live entertainment, recreational activities and destination-based travel experiences. Promoted by experienced professionals associated with the travel and hospitality sector, Waterways Leisure Tourism follows an integrated business model that generates revenue from ticket sales, onboard hospitality services, entertainment offerings, retail purchases and excursion packages. Its operations cover various domestic and international routes, positioning the company as a key participant in India's growing leisure travel and tourism industry.
Strengths & Risks
Strengths
- ✓ Leading Cruise Brand in India – The company operates Cordelia Cruises, one of the most recognized cruise tourism brands in the country.
- ✓ Growing Tourism Industry – Rising disposable incomes and increasing demand for experiential travel support long-term growth prospects.
- ✓ Diversified Revenue Streams – Revenue is generated from cruise ticket sales, onboard hospitality, entertainment, retail sales, and excursion packages.
- ✓ Strong Brand Positioning – The company has established a strong presence in the emerging Indian cruise tourism segment with a loyal customer base.
- ✓ First-Mover Advantage – Limited competition in the domestic cruise market provides an opportunity to capture a larger share of the growing industry.
Risks
- ⚠ High Capital-Intensive Business – Cruise operations require significant investment in vessels, maintenance, upgrades, and compliance costs.
- ⚠ Dependence on Consumer Spending – Demand for cruise vacations is discretionary and may decline during economic slowdowns.
- ⚠ Exposure to Fuel Price Fluctuations – Rising fuel costs can adversely affect operating margins and profitability.
- ⚠ Regulatory and Safety Risks – Cruise operations are subject to maritime regulations, environmental standards, and safety requirements across multiple jurisdictions.
- ⚠ Business Concentration Risk – A significant portion of revenue is dependent on cruise tourism operations, making the company vulnerable to disruptions from pandemics, adverse weather conditions, geopolitical events, or travel restrictions.
Frequently Asked Questions about Waterways Leisure Tourism IPO
What is the GMP of Waterways Leisure Tourism IPO?
The current Grey Market Premium (GMP) of Waterways Leisure Tourism IPO is ₹ -51.
What is the Kostak Price of Waterways Leisure Tourism IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Waterways Leisure Tourism IPO is currently not available.
What is the Subject to Sauda Price of Waterways Leisure Tourism IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is currently not available.
What was the actual listing price of Waterways Leisure Tourism IPO?
Based on the current GMP of ₹ -51, Waterways Leisure Tourism IPO is expected to list around ₹757 — approximately -6.3% below the issue price of ₹808. Grey market prices can shift before listing — treat this as an estimate only.
How did the GMP of Waterways Leisure Tourism IPO trend before listing?
The GMP of Waterways Leisure Tourism IPO was stable in its final days before listing. The GMP peaked at ₹24 on 20 June 2026. View the day-wise table above for the complete GMP history.
Explore Waterways Leisure Tourism IPO Further
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