Cordelia Cruises, the first Indian cruise line to go public, plans to use up to ₹480 crore from the IPO proceeds towards deposits, advance lease rentals and monthly lease payments to Baycruise Shipping and Leasing, its step-down subsidiary. Cordelia Cruises, the first Indian cruise line to go public, plans to use up to ₹480 crore from the IPO proceeds towards deposits, advance lease rentals and monthly lease payments to Baycruise Shipping and Leasing, its step-down subsidiary. by Soban News (international And National News)