Waterways Leisure Tourism IPO

Waterways Leisure Tourism Limited operates cruise tourism services in India under the “Cordelia Cruises” brand. The company is the only domestic ocean cruise operator in India as of December 31, 2024. It offers luxurious cruise experiences infused with Indian culture and hospitality, enabling it to set industry benchmarks, foster brand loyalty, and establish pricing standards that strengthen its market position and competitive advantage. The company currently operates the cruise vessel MV Empress. Since its launch, a total of 549,051 guests have sailed on board, and the vessel has covered more than 225,079.53 nautical miles along the Indian coastline and surrounding islands as of December 31, 2024. The company’s cruise operations primarily serve domestic destinations, including Mumbai (Maharashtra), Goa, Kochi (Kerala), Chennai (Tamil Nadu), Lakshadweep, Visakhapatnam (Andhra Pradesh), and Puducherry. It also offers international itineraries to destinations such as Hambantota, Trincomalee, and Jaffna in Sri Lanka. Additionally, the company has marketed and sold cruise itineraries to international destinations including Phuket (Thailand), Singapore, Kuala Lumpur, and Langkawi (Malaysia). Its itineraries are designed to showcase India’s coastal regions, cultural heritage, and diverse traditions, providing guests with enriching travel experiences while positioning the company as a preferred choice for luxury and culturally immersive cruising.