New Delhi, June 24 -- The initial public offering (IPO) of ocean cruise operator Waterways Leisure Tourism Ltd has entered its second day of bidding process today, and has been receiving muted demand from investors.

Waterways Leisure Tourism IPO opened for public subscription on June 23, Tuesday, and will close on June 25, Thursday. The IPO allotment date is likely June 29, Monday, while the IPO listing date is July 1, Wednesday. Waterways Leisure Tourism shares will be listed on both the stock exchanges, BSE and NSE.

Waterways Leisure Tourism IPO price band is set at Rs.769 to Rs.808 per share. At the upper-end of the price band, the company aims to raise Rs.585 crore from the book-building issue, which is entirely a fresh issue of 72....