Waterways Leisure Tourism announces price band for its IPO opening on June 23 (opens original article in a new tab)

Waterways Leisure Tourism has set the price band for its IPO at Rs 769-808 per share, opening on June 23, aiming to raise up to Rs 585 crore for subsidiary payments and corporate purposes. The company, India's largest cruise operator by value, plans to expand its fleet with two new ships.

• Waterways Leisure Tourism sets IPO price band at Rs 769-808 per share for public subscription from June 23-25.
• Company plans to raise up to Rs 585 crore, with Rs 480 crore allocated for subsidiary payments and remaining for corporate purposes.
• Company operates India's largest cruise fleet by value, with 79% market share, and plans to expand with two new ships adding 2,000 cabins.