• IPO listing response: Chairman and CEO Yargen Belom attributed the weak IPO subscription and below-issue listing to instigated negative rumors in the media and merchant banking circles following strong initial retail demand.
• Lease rental commitments: The company clarified that its ₹1,500-plus crore ship leasing commitment is structured as a 10-year bareboat charter hire-purchase paid via monthly operating cash flows, rather than an immediate short-term capital outlay.
• Capacity expansion plans: The company plans to add two ships to increase cabin capacity by 250% from 800 to 2,800 rooms, while increasing luxury suites and balcony cabins by 1,000% from 70 to approximately 900.
• Cruise market growth: Belom highlighted an addressable market of 200 million Indians, driven by MICE and wedding bookings as well as infrastructure support under the government's Cruise Bharat Mission to build 27 cruise ports over 4–5 years.