IPO details · Updated
Sunshine Pictures Limited
- Price Band
- ₹342 – ₹360
- Lot Size
- 41 shares
- Min. Investment
- ₹14,760
- Issue Size
- ₹282.14 Cr
- Offer Dates
- 18 Aug – 20 Aug 2026
- Listing
- 25 Aug 2026
Issue Details
- Total Issue Size
- ₹282.14 Cr
- 78,37,191 shares
- Fresh Issue
- ₹172.8 Cr
- 48,00,034 shares
- Offer for Sale
- ₹109.34 Cr
- 30,37,157 shares
- Face Value
- ₹10 per share
- Issue Type
- Book-built IPO
- Listing At
- BSE, NSE
- Shares Pre-Issue
- 2,63,48,750
- Shares Post-Issue
- 3,11,48,784
IPO Timeline
Offer opens
18 Aug 2026
Offer closes
20 Aug 2026
Allotment
21 Aug 2026
Listing
25 Aug 2026
Issue Allocation
Share of the offer reserved for each investor category
- Anchor30.0%23,51,140 shares
- QIB20.0%15,67,436 shares
- HNI15.0%11,75,592 shares
- Retail35.0%27,43,023 shares
Subscription Status
Times subscribed by investor category
| Category | Offered | Bids | Subscribed |
|---|---|---|---|
| QIB | 15,67,436 | 19,36,02,041 | 123.52x |
| NII | 11,75,592 | 23,16,34,994 | 197.04x |
| Retail | 27,43,023 | 15,52,53,347 | 56.60x |
| Total | 54,86,051 | 58,04,90,382 | 105.81x |
Lot Size & Investment
1 lot = 41 shares
Retail (min)
1 lot · 41 shares
Retail (max)
13 lots · 533 shares
S-HNI (min)
14 lots · 574 shares
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 1 | 41 | ₹14,760 |
| Small HNI (S-HNI) | 14 | 574 | ₹2,06,640 |
| Big HNI (B-HNI) | 68 | 2,788 | ₹10,03,680 |
Financial Performance
Restated figures in ₹ crore, unless stated otherwise
| Period | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| Assets | 179.64 | 131.28 | 97.38 |
| Total Income | 76.27 | 105.8 | 139.46 |
| Profit After Tax | 40.02 | 34.46 | 53.35 |
| EBITDA | 58.55 | 50.76 | 73.97 |
| Net Worth | 145.13 | 105.07 | 70.6 |
| Reserves & Surplus | 118.79 | 78.72 | 70.47 |
| Total Borrowing | 9.09 | 11.16 | 16.67 |
Key Performance Indicators
| Period | Mar-26 | Mar-25 |
|---|---|---|
| RoNW (%) | 27.58 | 32.8 |
| EPS (₹) | — | 15.19 |
| P/E (pre-issue) | — | 23.7 |
| P/E (post-issue) | — | 28.02 |
Peer Comparison
Listed companies in the same business
| Company | P/E | ROE |
|---|---|---|
| Panorama Studios International | 81 | 7.1% |
| Baweja Studios | 8.68 | 5.52% |
| Balaji Telefilms | — | -7.96% |
About Sunshine Pictures Limited
Incorporated in 2007, Sunshine Pictures Limited is a production company engaged in the business of originating, creating, developing, producing, marketing, and distributing films, TV serials, and web series. The company is a technology-driven content creator specializing in innovative commercial films, covering script development, production, intellectual property creation, rights monetization, and distribution. The company has produced notable films like ‘Force’, ‘Commando’, ‘Holiday’, ‘Force 2’, ‘Commando 2’, and ‘The Kerala Story’, achieving commercial success and addressing social relevance. The company has produced ten commercial films (six co-produced), two web series, two TV serials, and one short film. It is currently co-producing two films with Jio Studios and producing one web series for Doordarshan. The company produces projects either as a sole producer or co-producer with reputable studios. It maintains a mix of co-produced and standalone projects, balancing risk and revenue potential, particularly for high-budget productions. The company is active on social media platforms like YouTube, Instagram, and Facebook. It has 162,960 YouTube subscribers, 9.18 crore views, and 104,500 followers across Instagram and Facebook, generating additional revenue from content streaming. As of June 30, 2026, the company has a total strength of 28 full-time employees. Competitive Strengths: Experienced Promoters supported by Senior Management team Established Track Record and long-standing relationships in the industry Differentiated and Robust Business Model High quality standards
Objects of the Issue
- Funding the working capital requirements of the Company (₹112.50 Cr)
- General Corporate Purposes (₹43.02 Cr)
- Issue Expenses (₹28.21 Cr)
Promoters
- <p>Vipul Amrutlal Shah
- Shefali Vipul Shah
- Aryaman Vipul Shah
- Maurya Vipul Shah</p>
Company Information
- Book running lead managers
- GYR Capital Advisors Pvt.Ltd.
- Registered office
- A -102, 1st Floor, Bharat Ark, Azad Nagar,, Veera Desai Road,, Andheri (W),, Mumbai, Maharashtra, 400053
Official Documents
Opens the source filing in a new tab
Similar IPOs
Disclaimer: Data on OpenIPO is for information only and is not investment advice. OpenIPO is not a SEBI-registered entity. GMP figures are unofficial estimates and may change. Verify all details against the company RHP and the official registrar before investing.