Waterways Leisure Tourism 设定 6 月 23 日启动的 IPO 发行价格区间
印度领先的邮轮运营商 Waterways Leisure Tourism（Cordelia Cruises 的母公司）已公布其首次公开募股 (IPO) 的详细信息。该公司已为本次发行设定了每股 769–808 卢比的价格区间，发行将于 6 月 23 日开始认购，并于 6 月 25 日结束。
IPO 详情与资金使用策略
即将进行的公开发行是一项总额高达 5.85 亿卢比的新股发行，为投资者提供了参与印度不断增长的海事休闲领域的机遇。投资者可以以每手 18 股的最小单位进行竞价，随后的竞价需为 18 股的整数倍。
公司已为募集资金制定了明确的路线图。其中很大一部分资金（共计 4.8 亿卢比）将拨给其下属子公司 Baycruise Shipping and Leasing (IFSC)。这些资金将专门用于押金、预付租赁租金和每月租赁付款。剩余资金将用于一般企业用途，以提高运营效率。
市场主导地位与船队扩张
Waterways Leisure Tourism 目前在印度邮轮行业占据主导地位。根据 CRISIL 的报告，该公司在 2025 财年的市场份额（按价值计算）约为 79%。其旗舰邮轮 MV Empress 展示了令人印象深刻的运营规模，接待了超过 73 万名游客，并在印度海岸线及周边地区航行了超过 32.1 万海里。
为了保持这一势头，公司正在积极扩大其船队容量。计划增加的 Norwegian Sky 和 Norwegian Sun 预计将带来近 2,000 个新客舱，使公司能够额外容纳 3,900 名乘客。此次扩张旨在满足多样化的细分市场需求，包括孟买和拉克沙群岛 (Lakshadweep) 等国内航线、前往泰国和新加坡的国际航线，以及 MICE（会议、奖励旅游、大型会议及展览）和目的地婚礼等高利润领域。
强劲的财务扭亏为盈与增长轨迹
The company’s financial performance shows a significant positive trajectory. Waterways Leisure Tourism has successfully navigated from a period of loss to profitability. In FY24, the company reported a net loss of Rs 123 crore; however, by FY26, it swung to a net profit of Rs 52 crore.
Revenue growth has also been steady, with revenue from operations climbing to Rs 580 crore in FY26, up from Rs 444 crore in FY24. This financial recovery aligns with the broader trend in India's cruise tourism industry, driven by rising disposable incomes and enhanced port infrastructure. Centrum Capital is serving as the book-running lead manager for the issue.
Key Takeaways
- IPO Timeline and Pricing: The IPO opens on June 23 and closes on June 25, with a price band set between Rs 769 and Rs 808 per share.
- Market Dominance: The company holds a massive 79% market share in India's cruise sector by value and is planning a major capacity boost via new vessels.
- Financial Recovery: The company has shown a strong turnaround, moving from a Rs 123 crore loss in FY24 to a Rs 52 crore profit in FY26.