Sunshine Pictures IPO

Sunshine Pictures IPO is listed on BSE and NSE, priced at ₹342–₹360 per share. The stock debuted at ₹395.9, delivering a listing gain of 10.0%. The IPO had a lot size of ₹41 shares and a minimum investment of ₹14,760.

Sunshine Pictures Limited IPO

Mainboard Listed
₹14,760 (41 Shares)
Minimum Investment
Check Allotment
IPO Dates
Aug 18, 2026 – Aug 20, 2026
Price band
₹342-360 per equity share
Minimum Investment
₹14,760
Issue size
₹282.14 Cr
Lot size
41
Allotment Date
Aug 21, 2026
Listing
Aug 25, 2026
Listing At
BSE, NSE

IPO timeline

  1. Aug 18, 2026

    Open Date

    Completed

  2. Aug 20, 2026

    Close Date

    Completed

  3. Aug 21, 2026

    Allotment Date

    Completed

  4. Aug 25, 2026

    Listing Date

    Completed

Unofficial pre-listing indicator

Sunshine Pictures IPO Final GMP Before Listing: ₹50

Sunshine Pictures IPO GMP history

Sunshine Pictures IPO's final recorded GMP before listing was ₹50 per share (a 14% premium over the ₹360 upper price band). The shares listed at ₹395.9. GMP is unofficial and does not forecast or guarantee the actual listing price.

Final GMP
₹50
GMP percentage
14%
Upper price band
₹360
Listing price
₹395.9

During the recorded period, Sunshine Pictures IPO GMP ranged from ₹10 to ₹72.

Sunshine Pictures IPO GMP trend (day-wise) 76 observations
Day-wise recorded GMP observations for Sunshine Pictures IPO
Date & time GMP Change GMP % Indicative price
₹50 −₹4 14% ₹410
₹54 −₹2 15% ₹414
₹56 ₹0 16% ₹416
₹56 ₹0 16% ₹416
₹56 +₹1 16% ₹416
₹55 −₹6 15% ₹415
₹61 ₹0 17% ₹421
₹61 −₹2 17% ₹421
₹63 ₹0 18% ₹423
₹63 ₹0 18% ₹423

Sunshine Pictures IPO Subscription Details

View Subscription Details
Qualified Institutional Buyers (QIBs) 123.52x
Retail Individual Investors (RIIs) 56.60x
Non-Institutional Investors (NIIs) 197.04x
bHNI (>10 Lakhs) 198.42x
sHNI (2-10 Lakhs) 194.27x
Retail 56.60x
Total 105.81x

Sunshine Pictures IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.

Last updated:

Sunshine Pictures IPO Essentials

Sunshine Pictures IPO Details

Sunshine Pictures IPO is priced at ₹342-360 per share with a total issue size of 282.14 crore. The IPO has a lot size of 41 shares and is listed on BSE and NSE.

Issue price
₹342-360 per equity share
Lot size
41 shares
Face value
₹10 Per Equity Share
Issue size
₹282.14 Crores
Total issue size
78,37,191 shares
(aggregating up to ₹282.14 crore)
Fresh issue
48,00,034 shares
(aggregating up to ₹172.8 crore)
Offer for sale (OFS)
30,37,157 shares
(aggregating up to ₹109.34 crore)
Retail Portion
35%
Listing at
BSE, NSE
List price
395.9(NSE)
Listing date
Registrar
Bigshare Services Pvt Ltd
Lead manager
GYR Capital Advisors Pvt Ltd

Market Lot Size

Investors can bid for a minimum of 41 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (min) 1 41 ₹14,760
Retail(max) 13 533 ₹1,91,880
sHNI(min) 14 574 ₹2,06,640
sHNI(max) 67 2,747 ₹9,88,920
bHNI(min) 68 2,788 ₹10,03,680

Sunshine Pictures IPO Documents

Sunshine Pictures IPO Reservation

Sunshine Pictures IPO reservation details show category-wise allocation of shares. Out of the total 7837191 shares, approximately 20% are reserved for QIB, 15% for NII, 35% for retail investors, and 30% for anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 2351140 (30%)
QIB Shares Offered 1567436 (20%)
NII (HNI) Shares Offered 1175592 (15%)
bHNI > ₹10L 783728 (10%) 1365
sHNI < ₹10L 391864 (5%) 683
Retail Shares Offered 2743023 (35%) 66,903
Total Shares Offered 7837191 (100%)

Sunshine Pictures IPO Analytics

Sunshine Pictures IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Sunshine Pictures IPO Subscription Status

Sunshine Pictures IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO is currently subscribed 105.81x, indicating strong demand across investor categories.

As on QIB
NII
bHNI
sHNI
Retail Total
Shares Offered / Reserved 15,67,436
11,75,592
7,83,728
3,91,864
27,43,023 54,86,051
Day 1 18-08-26 05:00 PM
0.03 x
6.23x
4.67x
9.34x
5.99 x 4.34 x
Day 2 19-08-26 05:00 PM
0.14 x
35.59x
29.07x
48.63x
21.61 x 18.47 x
Day 3 20-08-26 05:00 PM
123.52 x
197.04x
198.42x
194.27x
56.60 x 105.81 x
Total No. of Applications
bHNI sHNI Retail
34,26,522 (Approx) 40.23x 187.03x 48.48x

Sunshine Pictures Valuations

Earnings

EPS Pre IPO
₹13.08/-
EPS Post IPO
₹11.06/-
P/E Pre IPO
27.52
P/E Post IPO
32.55

Returns

ROE
31.99%
ROCE
36.20%
RoNW
27.58%
PAT Margin
53.77%

Fundamentals

Debt / Equity
0.06
Price / Book
6.54
Market Cap
₹1,121.36 Cr.

Data sourced from DRHP / RHP • For educational purposes only

Sunshine Pictures Financials( In Crs.)

31-Mar-26(ST) 31-Mar-25 31-Mar-24
Assets 179.63 131.28 97.38
Revenue 76.27 105.80 139.46
Profit After Tax 40.02 34.46 53.35
Net Worth 145.13 105.07 70.60
Reserves & Surplus 118.78 78.72 70.47
Total Borrowing 9.09 11.16 16.67

Sunshine Pictures Company & Offer Insights

About Sunshine Pictures

Incorporated in 2007, Sunshine Pictures Limited is a film-making company that does the business of originating, developing, producing, creating, marketing, and distribution of films, TV serials, and web series.The company is a technology-oriented content generator with expertise in pioneering commercial films, from script development to production, creation of intellectual property, rights monetization, and distribution.

The company has been making good films such as 'Force', 'Commando', 'Holiday', 'Force 2', 'Commando 2', and 'The Kerala Story', earning a commercial success and tackling social significance.The company has made ten commercially successful films (six co-made), two web series, two TV serials, and one short film. It is in the process of co-making two movies with Jio Studios and one web series for Doordarshan.

The company co-produces projects or single-produces them with established studios. The company keeps a ratio of co-produced and standalone projects, matching risk and revenue possibilities, mostly for large-budget productions.The company is present on social media platforms such as YouTube, Instagram, and Facebook. It has 162,960 subscribers on YouTube, 9.18 crore views, and 104,500 followers on Instagram and Facebook, earning extra revenue in the form of content streaming.

As of 15th December 2024, the company has a total workforce of 28 full-time staff.

Sunshine Pictures Promoter(s)

Vipul Amrutlal Shah, Shefali Vipul Shah, Aryaman Vipul Shah, Maurya Vipul Shah are the company's promoters of Sunshine Pictures.

Sunshine Pictures IPO Issue Objectives

To meet the Working Capital Requirements
General Corporate Purposes

Sunshine Pictures IPO - Anchor Investors

Sunshine Pictures Limited finalised its anchor investor allocation on August 17, 2026, raising ₹84.64 crore from 9 institutional investors at an anchor price of ₹360 per share.

The anchor book comprises 23,51,140 equity shares, with no participation from domestic mutual funds, life insurance companies, or pension funds, as explicitly disclosed in the company's intimation letter. The allocation was led by Uni Growth Fund at 23.63%, followed by Khandelwal Finance Pvt. Ltd., The Asio Fund VCC – Sub Fund 4, and Shine Star Build Cap Pvt Ltd, each at 11.81%, and Zeal Global Opportunities Fund at 11.82%. LRSD Securities Pvt Ltd received 11.39%, while Innovative Vision Fund, Arnesta Global Opportunities Fund PCC, and Visionary Value Fund each received 5.91% of the anchor portion.

Sunshine Pictures IPO - Peers Comparison

P/B Ratio P/E Ratio RoNW Revenue(in Cr.)
Sunshine Pictures N/A N/A 27.58% 76
Panorama Studios 6.0 81.0 7.10% 317
Baweja Studios 0.47 8.68 5.52% 669
Balaji Telefilms 1.65 N/A -7.96% 221

Sunshine Pictures IPO - Strengths and Risks

Sunshine Pictures IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.

Strengths

Experienced promoters and senior management: The firm is backed by promoters who have experience in the film and entertainment sector and a management team which is conversant with the film and entertainment industry. The company's experience is helpful in terms of project development, production and implementation.
Strong track record in the industry: Sunshine Pictures has strong credentials in the industry for making commercially successful films and has built lasting relationships in the entertainment industry. It has some remarkable film and content projects in its portfolio.
Distinctive business model: The company has a flexible business model which combines standalone productions and co-productions with established studios. The model is helpful in balancing the project risks while pursuing business opportunities in the films, TV and digital content areas.

Risks

Audience acceptance is uncertain: The commercial success of the company's films, web series and television serials is heavily reliant on audience acceptance which is difficult to predict. Unfavorable response from the audiences may result into low revenues.
Limited rights to exploit: The company's success is dependent on the rights it holds and exploits in relation to its projects. Any constraints in such rights may prevent it from earning from its projects.
Box-office performance dependency: The company earns a considerable amount of its revenues through the box office performance of its movies in India. Poor box-office performance may have an impact on the revenues, financial position, and operating results of the company.

Contact Information

Contact Details

Sunshine Pictures

+91 70390 02911

compliance@sunshinepictures.in

http://www.sunshinepictures.in/

A -102, 1st Floor, Bharat Ark, Azad Nagar, Veera Desai Road, Andheri (W), Mumbai, Maharashtra, 400053

Registrar Contact Details

Bigshare Services Pvt Ltd

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/ipo_status.html

Frequently Asked Questions

Click any question to reveal the answer

Sunshine Pictures IPO is a book-built IPO worth ₹282.14 crore. The price band is ₹342–₹360 per share. The IPO opens on Aug 18, 2026 and closes on Aug 20, 2026. It will be listed on BSE and NSE. Bigshare Services Pvt Ltd is the registrar.

The price band of Sunshine Pictures IPO is ₹342 to ₹360 per share.

The lot size of Sunshine Pictures IPO is 41 shares.

The minimum investment for Sunshine Pictures IPO is approximately ₹14,760 based on the upper price band .

Sunshine Pictures IPO opens on Aug 18, 2026 and closes on Aug 20, 2026.

The allotment date of Sunshine Pictures IPO is Aug 21, 2026.

Sunshine Pictures IPO is expected to be listed on Aug 25, 2026, on BSE and NSE .

Sunshine Pictures IPO's final recorded GMP before listing was ₹50 per share (a 14% premium over the ₹360 upper price band). The shares listed at ₹395.9. GMP is unofficial and does not forecast or guarantee the actual listing price.

Sunshine Pictures IPO valuation snapshot: P/E 32.55, EPS ₹11.06/-, P/B 6.54, RoNW 27.58%, and market cap ₹1,121.36 Cr.

To apply for Sunshine Pictures IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Sunshine Pictures IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Sunshine Pictures IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Sunshine Pictures IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Sunshine Pictures IPO allotment status on IPO Ji for quick and easy access.