Sunshine Pictures IPO is launching a book-built issue worth ₹282.14 crore. The public offering includes a fresh issue of 0.48 crore equity shares aggregating ₹172.80 crore, along with an offer for sale of 0.30 crore shares valued at ₹109.34 crore.
The IPO subscription window will open on August 18, 2026, and close on August 20, 2026. Investors can expect the allotment process to be completed on August 21, 2026. Following the allotment, the company’s shares are proposed to be listed on both NSE and BSE, with a tentative listing date of August 25, 2026.
The company has fixed the price band at ₹342 to ₹360 per share. Retail investors must apply for at least one lot comprising 41 shares, which requires an investment of ₹14,760 at the upper price band. GYR Capital Advisors Pvt. Ltd. is acting as the book-running lead manager, while Bigshare Services Pvt. Ltd. has been appointed as the registrar to the issue.
Sunshinp pictures IPO GMP Today
Sunshinp pictures IPO last GMP is ₹53, last updated August 16 2026 02:37 pm. With the upper price band of ₹360, Sunshinp pictures IPO’s Estimated listing is ₹413 (cap price + today’s GMP). Tha expected percentage gain/loss per share is 14.72%
We update the GMP daily. Based on grey market activity over the last 5 session, the IPO’s GMP is trending upward today, indicating expectations of a strong listing. During this period, the GMP ranged from a low of ₹17 to a high of ₹53 . stay with us for the latest Sunshinp pictures IPO GMP updates, daily price trends, and expected listing price.
| GMP Date | IPO Price | GMP | EST. Listing Price | EST. Profit* | Last Updated |
|---|---|---|---|---|---|
| 16-08-2026 | ₹360 | ₹53 | ₹413(14.72%) | ₹2173 | 14:37 |
| 15-08-2026 | ₹360 | ₹50 | ₹410(13.89%) | ₹2050 | 09:46 |
| 14-08-2026 | ₹360 | ₹33 | ₹393(9.17%) | ₹1353 | 09:47 |
| 13-08-2026 | ₹360 | ₹30 | ₹390(8.33%) | ₹1230 | 15:23 |
| 12-08-2026 | ₹360 | ₹17 | ₹377(4.72%) | ₹697 | 15:20 |
Sunshinp pictures IPO Details
| IPO Open Date | 18-08-2026 |
| IPO Close Date | 20-08-2026 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹342 to ₹360 Per Share |
| Issue Size | Approx ₹282.14 cr. |
| Fresh Issue | Approx ₹172.80 cr. |
| Offer For Sale | Approx 30,37,157 Equity Share |
| Issue Type | Book Built Issue |
| IPO Listing | NSE,BSE |
Issue Reservation
| Investor Category | Shares Offered % |
|---|---|
| Retail Shares Offered | 35% |
| NII Shares Offered | 15% |
| QIB Shares Offered | 50% |
Sunshinp pictures IPO Market Lot
The Sunshinp pictures IPO minimum market lot is 41 shares with ₹14,760 application amount. The retail investors can apply up-to 13 lots with 533 shares of ₹1,91,880 amount.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 41 | ₹14,760 |
| Retail Maximum | 13 | 533 | ₹1,91,880 |
| S-HNI Minimum | 14 | 574 | ₹2,06,640 |
| S-HNI Maximum | 67 | 2747 | ₹9,88,920 |
| B-HNI Minimum | 68 | 2788 | ₹10,03,680 |
Sunshinp pictures IPO Anchor Investors
| Anchor Bidding Date | 17-08-2026 |
| Shares Offered | [.] Share |
| Lock-in period end date 50% shares(30 Days) | 21-09-2026 |
| Lock-in period end date 50% shares (90 Days) | 20-11-2026 |
Sunshine Pictures IPO: Key Strengths and Risks
Pros
1️⃣Strong promoter background in the film industry.
2️⃣Opportunity to benefit from the growth of India’s entertainment and OTT market.
Cons
1️⃣Revenue depends heavily on the success of content and films.
2️⃣Part of the issue is an Offer for Sale by existing promoters.
Sunshinp pictures IPO Dates
The Sunshinp pictures IPO Open date is August 18 and the close date is August 20 . The Sunshinp pictures IPO allotment will be finalized on August 21 and the IPO listing on August 25.
| IPO Open Date: | 18-08-2026 |
| IPO Close Date: | 20-08-2026 |
| Basis of allotment: | 21-08-2026 |
| Refunds: | 24-08-2026 |
| Credit to Demat Account: | 24-08-2026 |
| IPO Listing Date: | 25-08-2026 |
Pre and Post-IPO Shareholding Pattern
| Category | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 100% | 74.84% |
| Public | 25.16% | |
| Total | 100% | 100% |
Company Promoters: Vipul Amrutlal Shah, Shefali Vipul Shah, Aryaman Vipul Shah and Maurya Vipul Shah.
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects
| Purpose | Crores |
|---|---|
| Funding the working capital requirements of the Company | ₹940.00 |
| General Corporate Purposes | |
| TOtal | ₹940.00 |
About
Sunshine Pictures IPO is a Mainboard public offering of Sunshine Pictures Limited, a company engaged in the media and entertainment industry. Through this IPO, the company aims to strengthen its financial position and support its future business objectives. The public issue comprises a fresh issue of equity shares by the company along with an offer for sale by certain existing promoter shareholders.
Sunshine Pictures Limited was originally incorporated in July 2007 and later converted into a public limited company in September 2024. The company is headquartered in Mumbai, Maharashtra, and operates under the leadership of its promoter group, which includes Vipul Amrutlal Shah, Shefali Vipul Shah, Aryaman Vipul Shah, and Maurya Vipul Shah.
The equity shares offered through the IPO are proposed to be listed on both the National Stock Exchange (NSE) and BSE. According to the Red Herring Prospectus, the issue represents approximately 25.16% of the company’s post-offer paid-up equity share capital.
Investors interested in the Sunshine Pictures IPO can track important details such as subscription status, allotment updates, GMP trends, financial performance, shareholding structure, and listing information before making an investment decision. As with any IPO investment, investors should carefully review the company’s business model, financial statements, risk factors, and future growth prospects before applying.
Sunshinp pictures IPO Company Financial Report
| Period Ended | Revenue | Expense | Pat | Assets |
|---|---|---|---|---|
| 2024 | ₹139.46 | ₹69.29 | ₹52.45 | ₹97.39 |
| 2025 | ₹105.80 | ₹59.59 | ₹34.46 | ₹131.28 |
| 2026 | ₹76.27 | ₹21.90 | ₹40.02 | ₹179.64 |
Sunshinp pictures IPO Valuation – FY2026
Check Sunshinp pictures IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
|---|---|
| ROE | 31.99% |
| ROCE | 36.20% |
| EBITDA Margin | 78.65% |
| PAT Margin | 53.77% |
| Debt to equity ration | 0.06 |
| Earning Per Share(EPS) | ₹11.06 |
| P/E Ratio | N/A |
| Return on Net Worth (RoNW) | 27.58% |
| Net Asset Value(NAV) | ₹55.08 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income (cr.) |
|---|---|---|---|---|---|
| Panorama Studios International Ltd | 0.60 | 81.00 | 7.10% | 8.47 | 317.35 |
| Balaji Telefilms Ltd | (4.09) | – | (7.96%) | 51.22 | 221.17 |
| Baweja Studios Ltd | 3.29 | 8.68 | 5.52% | 59.73 | 69.51 |
IPO Lead Managers aka Merchant Banker
- GYR Capital Advisors Pvt. Ltd.
Company Address
Sunshine Pictures Ltd.
A -102, 1st Floor, Bharat Ark, Azad Nagar,
Veera Desai Road,
Andheri (W),
Mumbai, Maharashtra, 400053
Phone: +91 70390 02911
Email: compliance@sunshinepictures.in
Website: http://www.sunshinepictures.in/
IPO Registrar
Bigshare Services Pvt. Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
FAQs
What is Sunshine Pictures IPO?
Sunshine Pictures IPO is a Mainboard public issue through which the company plans to raise funds from investors. The issue consists of a fresh issue of shares as well as an offer for sale by existing shareholders.
When will Sunshine Pictures IPO open and close?
The IPO subscription window is scheduled to begin on August 18, 2026, and will remain open until August 20, 2026, subject to any regulatory changes.
Where will Sunshine Pictures shares be listed?
After the completion of the IPO process, the company’s equity shares are proposed to be listed on both NSE and BSE.
Who are the promoters of Sunshine Pictures?
The company is promoted by Vipul Amrutlal Shah, Shefali Vipul Shah, Aryaman Vipul Shah, and Maurya Vipul Shah.
What is the purpose of Sunshine Pictures IPO?
The company intends to utilize the fresh issue proceeds for its business requirements and growth initiatives, while the offer for sale portion allows existing shareholders to divest part of their holdings.
Can retail investors apply for Sunshine Pictures IPO?
Yes, retail investors can participate in the IPO through the ASBA facility available via banks and supported stockbroking platforms.
Does Sunshine Pictures IPO include an Offer for Sale?
Yes. Apart from issuing fresh equity shares, the IPO also includes an Offer for Sale by certain promoter shareholders.
Is Sunshine Pictures IPO a book-built issue?
Yes, the IPO is being launched through the book-building process, where the final issue price is determined based on investor demand.
Who is the registrar of Sunshine Pictures IPO?
Bigshare Services Private Limited has been appointed as the registrar to the issue.
Why should investors track Sunshine Pictures IPO GMP and subscription data?
Grey Market Premium (GMP) trends and subscription figures help investors understand market sentiment, although they should not be considered the sole basis for an investment decision.
Disclaimer
I am not a SEBI-registered Research Analyst, Investment Adviser, or any other SEBI-regulated financial professional. The information provided on this website regarding IPOs, GMP, stock markets, and other financial topics is for educational and informational purposes only.
The content published on this website should not be considered financial advice, investment advice, or a recommendation to buy, sell, or hold any security. Investors should conduct their own research and consult a SEBI-registered financial advisor before making any investment decisions.