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Cordelia Cruises operator hits 10% upper circuit at Rs 734.90 after weak IPO debut

Waterways Leisure Tourism, operator of India's Cordelia Cruises, hit a 10% upper circuit at Rs 734.90 a day after weak IPO listing at 16% discount. The Rs 585 crore fresh issue was subscribed 1.09x, driven by retail investors.

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Reported figures

From the report. Source details below

  • Rs 480.01 crore lease payment

Other figures

  • listed NSE Rs 681
  • IPO band Rs 769-808
  • Rs 263.25 crore anchor

The source

Source Read the source at Business Today

Published

Also reported by Mint

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