Waterways Leisure Tourism has launched its initial public offering, opening for public subscription on Tuesday, 23 June.
The issue, which runs through Thursday, 25 June, is structured entirely as a fresh share issuance valued at ₹585 crore.
The company has set the price band between ₹769 and ₹808 per share.
Prior to the public opening, the company secured ₹263.25 crore in commitments from anchor investors.
This pre-subscription activity provides an early indicator of institutional appetite for the cruise operator's equity, covering roughly 45% of the total issue size before retail and qualified institutional buyers begin bidding.
The IPO arrives at a time when Indian equity markets are seeing mixed sentiment among new listings.