Waterways Leisure Tourism’s IPO opened to a muted response, with subscription at 7% on Day 1 and weak institutional participation. While the company benefits from leadership in India’s cruise market and expansion plans, subdued grey market signals and execution risks have kept investor enthusiasm measured.
Waterways Leisure Tourism's IPO saw a slow start on Day 1, with only 7% subscription and weak institutional interest. Despite its leading position in India's cruise market and strategic expansion plans, investor enthusiasm is tempered by subdued grey market performance and…
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