Sunshine Pictures Limited IPO

ListedMainboard

Price Band

₹342 – ₹360

Issue Size

₹282.14 Cr

Issue Dates

18 Aug – 20 Aug 2026

Listing Date

25 Aug 2026

About Sunshine Pictures Limited

Sunshine Pictures Limited is a technology-driven film and content production company engaged in originating, creating, developing, producing, marketing and distributing films, TV serials and web series, including notable commercial films such as 'Force', 'Commando', 'Holiday', 'Force 2', 'Commando 2' and 'The Kerala Story'.

IPO Details

Price Band₹342 – ₹360
Face Value₹10
Issue Size₹282.14 Cr
Fresh Issue₹172.8 Cr
Offer for Sale₹109.34 Cr
Total Shares Offered78,37,191
Listed OnBoth

Objects of the Issue

Funding the working capital requirements of the Company (₹112.50 Cr) and general corporate purposes. Total estimated ₹112.50 Cr. OFS selling shareholders: Vipul Amrutlal Shah (Promoter) — 20,31,388 shares, ₹73.13 Cr; Shefali Vipul Shah (Promoter) — 10,05,769 shares, ₹36.21 Cr; total 30,37,157 shares, ₹109.34 Cr.

Key Financial Metrics

ROE

39.24%

ROCE

41.23%

Debt / Equity

0.11

Financial Performance

Particulars (₹ Cr)FY 2023-24 (Restated Consolidated)FY 2024-25 (Restated Consolidated)FY 2025-26 (Restated Standalone)
Revenue———
EBITDA73.9750.7658.55
PAT53.3534.4640.02
Total Assets97.38131.28179.64
Net Worth70.6105.07145.13
Total Borrowings16.6711.169.09

Valuation

Market Capitalisation

Pre-IPO₹949 Cr
Post-IPO₹1,121.36 Cr

P/E Ratio

Pre-IPO23.7x
Post-IPO28.02x

Promoter Holding

Pre-IPO100%
Post-IPO74.84%

Public Holding

Pre-IPO0%
Post-IPO25.16%

Lot Size & Allocation

Investment by Category

CategoryLot SizeMin InvestmentMax Investment
retail_min41 shares₹14,760—
retail_max41 shares—₹1,91,880
shni_min14 × 41₹2,06,640—
shni_max41 shares—₹9,88,920
bhni_min68 × 41₹10,03,680—

Reservation / Allocation

CategoryAllocationCut-off
QIB (Not more than 50% of the Net Offer)—No
Retail (Not less than 35% of the Net Offer)—No
NII (Not less than 15% of the Net Offer)—No
Anchor Investor (within QIB)—No

Registrar & Lead Managers

Registrar

Bigshare Services Pvt.Ltd.

Lead Managers (1)

GYR Capital Advisors Pvt. Ltd.

Frequently Asked Questions

5 questions about Sunshine Pictures Limited IPO IPO

Sunshine Pictures IPO is a mainboard IPO of 78,37,191 equity shares of face value ₹10 aggregating up to ₹282 Crores, comprising a fresh issue of ₹172.80 Cr and an offer for sale of ₹109.34 Cr. The issue is priced at ₹342 to ₹360 per share, with a minimum order quantity of 41 shares.

Important Dates

Issue Opens18 Aug 2026
Issue Closes20 Aug 2026
Anchor Bid Date17 Aug 2026
Allotment21 Aug 2026
Refund Initiation24 Aug 2026
Demat Credit24 Aug 2026
Listing Date25 Aug 2026

Live GMP

Grey Market Premium₹79
GMP %21.94%
View GMP History

Subscription

104.38x

Overall Subscribed

QIB123.52x
NII196.39x
Retail54x
View Full Details

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