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Sunshine Pictures Ltd.

NSE & BSE
ListedListed on 25 Aug 2026+9.4%

₹342–360

₹ 197 Cr

41 Shares

₹ 14,022

₹10

Financial Summary

Consolidated(in ₹ million)
ParticularsFY 2024-25FY 2023-24
10,333.0113,379.8
247.26566.21
10,580.2713,946.01
5,505.496,548.72
4,622.727,106.5
3,446.465,334.9

Subscription Details

105.81xTotal
Subscription
56.60x
197.04x
123.52x
0.00x

IPO Timeline

IPO Offer Start

18 Aug 2026

IPO Offer Ends

20 Aug 2026

25 Aug 2026

Use of Proceeds

#PurposeAmount (₹ Million)
1Funding the working capital requirements of the Company1,125
2General Corporate Purposes430.217

Promoters

Vipul Amrutlal ShahShefali Vipul ShahAryaman Vipul ShahMaurya Vipul Shah

Book Running Lead Managers

GYR Capital Advisors Pvt Ltd.

Promoter Shareholding

Pre-IPO

100.00%

Promoter stake

Post-IPO

74.83%

Promoter stake

Offered to Public

54,86,051

shares

Post Share Capital

2,33,11,593

shares

IPO Registrar

Bigshare Services Pvt Ltd

About the Company

We engage in the production of our Projects, as sole producer or co-producer with reputable studios. We strive to maintain a business portfolio that has a healthy mix of co-produced and standalone Projects, with the former providing certainty in earnings thereby derisking the proposed Project and cashflows and the latter delivering the upside revenue. We adopt a co-production approach especially when the proposed Project requires a big budget. In a co-production model, we partner with a reputable studio and produce the Project for a fixed fee; a share of the intellectual property and profits from the Project with such studios; whereas under the sole production, we finance the entire Project and execute the end-to-end production while retaining all the rights including intellectual property, titles, distribution rights and other interests in the Projects. The sole production approach allows us to retain the entire up-side revenue from the theatrical releases and monetize our rights through sale of Over-the-Top content (“OTT”), music rights, downstream derivatives such as remakes, sequels and/or prequels, spin offs, local language dubbings, foreign language renditions, stage plays, web-series and television production, etc.As a production company, we have adopted a prudential approach to filmmaking, and we strive to keep a tight control on our end-to-end production budgets without compromising on our creative vision. In order to achieve this, we have implemented no cash or minimum cash payment policy and strive to make all the payments, including the daily cost associated with shootings of films and web-series, through banking channels and have also deployed on-set accountants to manage payments, track daily expenses and audit. Overall, our economical approach and our ability to make films/projects at viable costs reduces our risk and to an extent ensures that in case the movie is not received well at the box office, we do not incur significant financial losses.

Use of Proceeds

1.To meet the Working Capital Requirements; and2.General Corporate Purposes

IPO FAQs

The Sunshine Pictures Ltd. IPO has a total of ₹197 crore, calculated at the upper end of the .

The Sunshine Pictures Ltd. IPO is priced at ₹342–360 per share. bids must fall within this , against a of ₹10 per share.

The for the Sunshine Pictures Ltd. IPO is 41 shares, which is also the minimum order quantity — you have to apply for at least 41 shares, and in multiples of 41 beyond that.

The minimum investment in the Sunshine Pictures Ltd. IPO is about ₹14,022 — one lot of 41 shares, calculated at the lower end of the .

Bidding at the cut-off or upper price raises the amount blocked in your account.

The Sunshine Pictures Ltd. opens on 18 Aug 2026 and closes on 20 Aug 2026.

Applications have to be in before 5:00 PM IST on the closing day, and your UPI mandate needs to be approved by then as well.

Sunshine Pictures Ltd. shares were listed on 25 Aug 2026 on BSE and NSE.

Bigshare Services Pvt Ltd is the for the Sunshine Pictures Ltd. IPO.

The registrar processes the , refunds and the credit of shares to your demat account, so allotment-status queries go to them.

Sunshine Pictures Ltd. IPO shares are listed on BSE and NSE.

Each Sunshine Pictures Ltd. share has a of ₹10.

Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.

held 100.00% of Sunshine Pictures Ltd. before the IPO, which falls to 74.83% after the issue.

54,86,051 shares of Sunshine Pictures Ltd. are being offered to the public in this issue.

The Sunshine Pictures Ltd. IPO has been subscribed 105.81x overall — 123.52x, 197.04x and 56.60x.

figures update through the issue period until it closes.

  1. 1.To meet the Working Capital Requirements
  2. 2.General Corporate Purposes

GYR Capital Advisors Pvt Ltd. is the book running lead manager for the Sunshine Pictures Ltd. IPO.

Pre-apply means placing your Sunshine Pictures Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.

Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.

You can apply in the Sunshine Pictures Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.

Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.

Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.

You can check the Sunshine Pictures Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.