IPO Listed — 01 Jul 2026

Listing Price: ₹690 (-14.6% vs ₹808)

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Waterways Leisure Tourism IPO Review

Q: What was the actual listing price of Waterways Leisure Tourism IPO?

Waterways Leisure Tourism IPO listed on July 1, 2026 at ₹690, against the issue price of ₹808 — a loss of -14.6% (₹118 per share).

Q: What is the price band and lot size of Waterways Leisure Tourism IPO?

Waterways Leisure Tourism IPO is priced at ₹769-808 per share. The minimum lot size is 18 shares, making the minimum investment approximately ₹14,544 at the upper end of the price band. Subscription ran from 23 Jun 2026 to 25 Jun 2026.

Waterways Leisure Tourism IPO has been reviewed by 10 analysts, and the overall consensus is May Apply — carrying a score of 61. Out of the 10 analysts who have covered this IPO, 5 recommend subscribing while 5 advise caution or avoidance — reflecting a mixed view from the analyst community.

The issue is priced in the band of ₹769-808 per share , with a minimum application size of 18 shares (minimum investment of approximately ₹14,544 at the upper band) . Subscription ran from 23 Jun 2026 to 25 Jun 2026. As of now, the grey market premium (GMP) for Waterways Leisure Tourism IPO is quoting at ₹-51 (-6.3%), which gives a preliminary sense of how the street is pricing the listing — though GMP is unofficial and can swing sharply before the listing date. Scroll down for the full analyst breakdown and analyst-wise verdicts.

General Review

Waterways Leisure Tourism operates in the Indian cruise and leisure sector, which one note expects to grow at 20 to 25 percent CAGR. Revenue was ₹586.99 crore in FY26 with profit of ₹52.14 crore, down sharply from ₹168.19 crore in FY25. Views were split: five of twelve analysts said subscribe, three said avoid.

Listing Gains

Valuation dominated the coverage. The notes price the issue between about 100.7 and 112 times FY26 earnings of ₹8.0 per share, and those recommending avoid call it aggressively priced or simply expensive. Even the positive notes do not dispute the multiple. On the analysts' reading, listing gains looked difficult.

Short Term Strategy

Earnings fell steeply. EBITDA dropped from ₹215.46 crore in FY25 to ₹117.48 crore in FY26 and profit from ₹168.19 crore to ₹52.14 crore. Paying more than 100 times earnings against falling profit is what drove the avoid ratings. The near-term view across the coverage is cautious.

Long Term Strategy

The positive notes rest entirely on the growth runway, with Indian cruise tourism expected to expand 20 to 25 percent annually from a small base. That is a genuine long-term theme. The disagreement is whether the current price already discounts many years of that growth, which the bearish notes argue it does.

Disclaimer: This review is an AI summary derived from the reviews of all analysts.

Analyst Verdict & Score
Detailed Review
Analyst Reviews
Frequently Asked Questions

Analyst Sentiment

Analytical Score

How it's calculated?

May Apply

61 / 100

Recommend Subscribe

Based on 10 analyst reviews

5 / 10

Higher consensus indicates broader analyst agreement.

Analyst Review

Analyst	Verdict	View
Nirmal Bang	Apply
Adroit Financial Services	Apply
GEPL Capital	Avoid
DRChoksey Finserv	Apply
BP Equities	Avoid
ICICI Direct	Not Rated
Marwadi Shares & Finance	Avoid
Capital Market	Neutral
Swastika Investmart	Neutral
Hem Securities	Apply
Vibhor Varshney	Apply
JM Financial	Not Rated

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Frequently Asked Questions

Should I apply for Waterways Leisure Tourism IPO?

Based on analyst coverage tracked on this page, the overall verdict for Waterways Leisure Tourism IPO is May Apply. Out of 10 analysts who have reviewed this IPO, 5 recommend subscribing. Always cross-check with the full analyst reviews below and consult a SEBI-registered advisor before making any investment decision.

What does the score of 61 mean for Waterways Leisure Tourism IPO?

The score of 61 is an aggregate of all analyst ratings tracked for Waterways Leisure Tourism IPO. A score in this range reflects mixed views — some analysts are positive while others are cautious. Scroll down to read individual analyst verdicts for more context.

What was the actual listing price of Waterways Leisure Tourism IPO?

Waterways Leisure Tourism IPO listed on July 1, 2026 at ₹690 , against the issue price of ₹808 — a loss of -14.6% (₹118 per share). View the full GMP history page for day-wise pre-listing trends.

What is the price band and lot size of Waterways Leisure Tourism IPO?

Waterways Leisure Tourism IPO was priced at ₹769-808 per share. The minimum lot size is 18 shares, making the minimum investment approximately ₹14,544 at the upper end of the price band. Subscription ran from 23 Jun 2026 to 25 Jun 2026.

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Disclaimer: Grey Market Premium (GMP) is for information purposes and is not a guarantee of listing price. Always consult your financial advisor before investing.