Waterways Leisure Tourism IPO: Issue receives tepid response on Day 01, subscribed 0.20x; GMP signals flat listing (opens original article in a new tab)

Waterways Leisure Tourism's IPO received low investor interest on Day 1, with 0.20x subscription, while grey market signals a slight increase in listing price.

• Waterways Leisure Tourism's IPO was subscribed 0.20 times on Day 1 with 8.14 lakh shares bid for 39.82 lakh available
• Retail investors subscribed 1.02 times while non-institutional investors subscribed 0.04 times
• Grey market premium indicates a potential listing price of ₹820, 1.50% higher than the issue price of ₹808