Baycruise Shipping and Leasing

Latest, 3 Jul: Cordelia Cruises operator Waterways Leisure hits 10% upper circuit for second day, nears ₹808 issue price.

Newest on Baycruise Shipping and Leasing

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What we know

From 9 stories, the newest dated 3 Jul 2026. Summary written 4 Oct 2026.

Baycruise Shipping and Leasing is linked to Waterways Leisure Tourism, the operator of Cordelia Cruises, through the subsidiary Baycruise IFSC. [1] source: Business Standard[2] source: Business Today Business Standard reported that the proceeds of Waterways Leisure Tourism's IPO fund lease obligations to Baycruise IFSC. [1] source: Business Standard Business Today likewise reported that the proceeds fund Baycruise lease payments. [2] source: Business Today The parent runs India's domestic ocean cruise brand Cordelia Cruises with the MV Empress vessel and held 79% market share in FY25. [3] source: NDTV Profit[4] source: The Hindu BusinessLine

Waterways Leisure Tourism opened its ₹585 crore fresh-issue IPO on June 23, 2026, at a price band of ₹769-808, after raising ₹263.25 crore from anchor investors. [1] source: Business Standard[2] source: Business Today The issue was subscribed 1.46x overall, with retail investors at 4.19x. [5] source: The Hindu BusinessLine The shares listed on July 1, 2026, at ₹681 on the NSE, about 16% below the ₹808 issue price. [6] source: NDTV Profit[5] source: The Hindu BusinessLine On July 2, 2026, the stock hit a 10% upper circuit at Rs 734.90. [7] source: Business Today It hit the 10% upper circuit again the next day. [8] source: Mint

Waterways Leisure Tourism carried 730,819 passengers and lists Chennai, Goa, Kochi, Mumbai, Visakhapatnam and Puducherry among its cities. [1] source: Business Standard[9] source: Business Today

Baycruise Shipping and Leasing has appeared in 15 distinct RetailIntel stories between Jun 2026 and Jul 2026, most often under retail company and most frequently linked to Mumbai, Chennai and Goa.

Brands most often mentioned alongside Baycruise Shipping and Leasing

Cordelia Cruises, Waterways Leisure Tourism, Centrum Broking, Baroda BNP Paribas Mutual Fund, MV Empress, DR Choksey Finserv.

Most-cited sources on Baycruise Shipping and Leasing

The Hindu BusinessLine (4 stories), Business Today · Latest (3 stories) and NDTV Profit (3 stories).

Sources

  1. Cordelia Cruises operator opens ₹585 cr IPO at ₹769-808 band, GMP signals tepid debutBusiness Today
  2. Cordelia Cruises operator hits 10% upper circuit at Rs 734.90 after weak IPO debutBusiness Today
  3. Cordelia Cruises operator Waterways Leisure hits 10% upper circuit for second day, nears ₹808 issue priceMint

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Questions about Baycruise Shipping and Leasing

Who owns Baycruise Shipping and Leasing?

Business Standard reported that Baycruise IFSC is a subsidiary of Waterways Leisure Tourism, the operator of Cordelia Cruises, which owes lease obligations to it and is funding them from its IPO proceeds. [1] source: Business Standard

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