Subscription Status · Jun 23 – Jun 25, 2026 · ₹769–808
The Waterways Leisure Tourism IPO (Cordelia Cruises) subscription has recorded adequate investor demand with an overall subscription of 1.46× as of Jun 25, 2026, indicating that investors applied for 1.46 times the number of shares on offer. All investor categories (institutional, HNI, and retail) have participated actively, making this one of the closely watched IPO openings.
Last updated: Jun 25, 2026, 5:06 PM IST
| Category | Shares Offered | Shares Bid For | Times Subscribed |
|---|---|---|---|
|
QIB
Qualified Institutional Buyers
|
2,282,184 | 1,565,262 |
0.69×
|
|
NII
Non-Institutional Investors
|
1,141,092 | 1,340,730 |
1.17×
|
|
bNII
Bids above ₹10L
|
760,728 | 679,212 |
0.89×
|
|
sNII
Bids below ₹10L
|
380,364 | 661,518 |
1.74×
|
|
Retail
Retail Individual Investors
|
760,728 | 3,186,486 |
4.19×
|
|
Total
|
4,184,004 | 6,092,478 |
1.46×
|
How subscription built up across investor categories over time
Snapshot of each day's bidding activity
| Category | Offered | Bid For | Times |
|---|---|---|---|
| QIB | 2,282,184 | - | 0.00× |
| NII | 1,141,092 | 46,782 | 0.04× |
| bNII | 760,728 | 6,228 | 0.01× |
| sNII | 380,364 | 40,554 | 0.11× |
| Retail | 760,728 | 756,270 | 0.99× |
| Total | 4,184,004 | 803,052 | 0.19× |
| Category | Offered | Bid For | Times |
|---|---|---|---|
| QIB | 2,282,184 | 1,998 | - |
| NII | 1,141,092 | 360,648 | 0.32× |
| bNII | 760,728 | 158,688 | 0.21× |
| sNII | 380,364 | 201,960 | 0.53× |
| Retail | 760,728 | 1,779,624 | 2.34× |
| Total | 4,184,004 | 2,142,270 | 0.51× |
| Category | Offered | Bid For | Times |
|---|---|---|---|
| QIB | 2,282,184 | 1,565,262 | 0.69× |
| NII | 1,141,092 | 1,340,730 | 1.17× |
| bNII | 760,728 | 679,212 | 0.89× |
| sNII | 380,364 | 661,518 | 1.74× |
| Retail | 760,728 | 3,186,486 | 4.19× |
| Total | 4,184,004 | 6,092,478 | 1.46× |
As of June 25, 2026, the Waterways Leisure Tourism IPO (Cordelia Cruises) has been subscribed 1.46 times overall. The IPO is fully subscribed.
The Waterways Leisure Tourism IPO (Cordelia Cruises) subscription window was open from June 23, 2026 to June 25, 2026. Investors could apply through their demat account or ASBA facility.
The Waterways Leisure Tourism IPO (Cordelia Cruises) has a price band of ₹769 to ₹808 per share, with a lot size of 18 shares. Minimum retail investment: ₹13,842 (lower band) or ₹14,544 (upper band).
The QIB category has been subscribed 0.69 times. QIBs were offered 2,282,184 shares.
Retail investors subscribed 4.19 times. Retail was offered 760,728 shares.
Overall NII: 1.17×. bNII (>₹10L): 0.89×, sNII (<₹10L): 1.74×. NII includes HNIs and corporate entities investing above ₹2 lakh.
Basis of allotment is on June 29, 2026. Check via the registrar's website, MUFG Intime India Pvt.Ltd using your PAN number, application number, or DP/Client ID. You can also check on BSE/NSE websites or through your broker's app.
Waterways Leisure Tourism IPO (Cordelia Cruises) is expected to list on July 01, 2026. Shares will list on NSE,BSE. Allotted shares are credited to your demat account 1 business day before listing.
A subscription multiple of 1.46× means investors have bid for 1.46 times the total shares available. Since the IPO is oversubscribed, not every applicant will receive shares, allotment happens via lottery (for retail) or proportionately (for other categories). Higher multiples generally reduce allotment probability.
Based on the current retail subscription of 4.19×, the estimated allotment probability for retail investors is Moderate. Better odds than heavily subscribed IPOs. Retail allotment in oversubscribed IPOs is done by computerised lottery, each valid application has an equal probability regardless of the number of lots applied for.
You can apply for Waterways Leisure Tourism IPO (Cordelia Cruises) through: (1) ASBA (Application Supported by Blocked Amount) via your bank's net banking or mobile app, (2) UPI-based application through your broker's app (Zerodha, Groww, Angel One, etc.), or (3) directly via your demat account. The amount is blocked in your account and deducted only upon allotment. Applications were accepted from Jun 23 to Jun 25, 2026.
The grey market premium (GMP) reflects unofficial pre-listing trading sentiment. For the latest Waterways Leisure Tourism IPO (Cordelia Cruises) GMP data, check the IPORise GMP page. Note: GMP is unofficial, speculative, and not a guaranteed indicator of listing price. Use it only as a sentiment signal alongside official subscription data.
New to reading subscription numbers? Read our guide on IPO subscription explained.
Subscription Opens Done
Jun 23, 2026Subscription Closes Done
Jun 25, 2026Basis of Allotment Done
Jun 29, 2026Listing on NSE,BSE Done
Jul 01, 2026Better odds than heavily subscribed IPOs. Based on retail subscription of 4.19×.
Retail allotment in oversubscribed IPOs is done by computerised lottery, each valid application has equal odds regardless of lot size applied.
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Higher subscription = lower allotment probability. Progress bars compare each category relative to the highest-subscribed category.