Waterways Leisure Tourism operates multi-destination Cordelia Cruises in India, with curated entertainment, cuisines and hospitality for Indian and international travellers.
Cordelia Cruises launches simultaneous operations in India with **Cordelia Sky** in Mumbai and **Cordelia Empress** in Kochi, marking its first two-ship deployment from Indian homeports. The expansion introduces weekend sailings, domestic cruises to Goa and Lakshadweep, and international routes to the Maldives and Sri Lanka, scaling the company’s capacity and itinerary network.
Cordelia Cruises, operated by Waterways Leisure Tourism, reports a profit turnaround in its fiscal second-quarter earnings. The company’s stock rises 5% following the announcement, alongside a Rs 15.7 crore block deal involving 14.5 lakh shares (2% of equity).
Waterways Leisure Tourism launches an IPO as Cordelia Cruises scales up from one to three cruise vessels. The company faces valuation scrutiny amid uncertainties over occupancy rates, revenue yields, and lease expenses. Analysts highlight operational risks tied to demand fluctuations and cost management in the leisure tourism sector.
Waterways Leisure Tourism Limited, operator of **Cordelia Cruises**, submits a **Draft Red Herring Prospectus (DRHP)** for an initial public offering (IPO). The company runs India’s only domestic cruise line, primarily serving routes from **Mumbai and Chennai**. The filing marks a key step toward potential public listing for the leisure tourism business.
