Sunshine Pictures IPO Logo

Sunshine Pictures IPO - GMP, Subscription, Price, Dates & Financial Details

18 August - 20 August 2026
Mainboard BSE,NSE
Upcoming

Sunshine Pictures IPO is set to open its Initial Public Offering (IPO) for subscription on August 18, 2026. According to the Red Herring Prospectus (RHP), the IPO is a book-built issue with a total issue size of ₹282.14 Crore, comprising a fresh issue of 48.00 Lakh equity shares aggregating to ₹172.80 Crore and an offer for sale (OFS) of 30.37 Lakh equity shares aggregating to ₹109.34 Crore by the existing shareholders.

The Sunshine Pictures IPO will open for subscription on August 18, 2026, and close on August 20, 2026. The basis of allotment is expected to be finalized on August 21, 2026, while the shares are tentatively scheduled to be listed on the NSE and BSE on August 25, 2026.

The company has fixed the price band at ₹342 to ₹360 per share, with a lot size of 41 shares. Retail investors will require a minimum investment of ₹14,760 (based on the upper price band) to apply for one lot.

Bigshare Services Pvt Ltd is the registrar to the issue. GYR Capital Advisors Private Limited are the Book Running Lead Managers (BRLMs) to the issue.

Before investing in the Sunshine Pictures IPO, investors should carefully review the company's financial performance, business model, IPO objectives, and risk factors disclosed in the offer documents. Investors should also ensure that they submit their applications before the subscription window closes on August 20, 2026.

Price Band
₹ 342 – 360
Lot Size
41
Issue Size
₹282.14 Cr
Minimum Investment
₹ 14,760 (41 Shares)
Listing Date
25 August 2026

Current GMP

₹0 (0.00%)

Open Date 14 August, 2026
Close Date 18 August, 2026
Market Cap 1,121.36 Crore
Industry Film Production, Distribution & Entertainment
Sector Media & Entertainment
Subscription 0x

*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.

About Sunshine Pictures Limited

Incorporated in 2007, Sunshine Pictures Limited is a content production company engaged in the conceptualization, creation, development, production, marketing, and distribution of films, television serials, and web series. The company focuses on developing commercially viable and engaging content, with an emphasis on strong storytelling, innovative production approaches, and intellectual property creation.

Sunshine Pictures operates as a technology-driven content creator, with capabilities spanning the entire content lifecycle—from script and concept development to production, intellectual property creation, rights monetization, marketing, and distribution. The company seeks to create content that combines commercial appeal with contemporary and socially relevant themes.

Content Portfolio

Over the years, Sunshine Pictures has produced and co-produced several commercially successful films, including ‘Force’, ‘Commando’, ‘Holiday’, ‘Force 2’, ‘Commando 2’, and ‘The Kerala Story’. Its portfolio reflects a focus on content-driven commercial cinema, with several projects addressing themes of social relevance while targeting a broad audience.

The company has produced 10 commercial films, including six co-productions, two web series, two television serials, and one short film. As part of its ongoing content pipeline, the company is currently co-producing two films with Jio Studios and producing one web series for Doordarshan.

Production & Co-Production Model

Sunshine Pictures follows a flexible production strategy, undertaking projects both as a sole producer and as a co-producer with established studios and industry partners. This diversified approach enables the company to participate in projects across different budgets and formats while balancing financial exposure, production risk, revenue potential, and access to distribution networks.

For high-budget productions in particular, the company leverages co-production arrangements to share production and financial risks while benefiting from the resources, expertise, and distribution capabilities of established industry partners. Standalone productions, meanwhile, provide greater control over intellectual property, creative direction, and monetization opportunities.

Intellectual Property & Revenue Opportunities

The company focuses on building and monetizing intellectual property across multiple content formats and distribution channels. Revenue opportunities may include theatrical distribution, digital and streaming rights, television rights, music rights, licensing, syndication, and other content-related monetization avenues.

Its growing digital presence also provides an additional avenue for audience engagement and content monetization. Sunshine Pictures maintains an active presence across YouTube, Instagram, and Facebook, enabling it to reach audiences beyond traditional theatrical and television channels.

Digital & Social Media Presence

The company's YouTube channel has approximately 162,960 subscribers and 9.18 crore views, while its combined Instagram and Facebook presence has approximately 104,500 followers. These digital platforms support audience engagement, content promotion, brand visibility, and potential additional revenue generation through online content streaming and digital monetization.

Human Capital

As of June 30, 2026, Sunshine Pictures Limited had a total workforce of 28 full-time employees. The company relies on a combination of its internal team and external creative, technical, production, and industry partners to execute its diverse portfolio of film, television, and digital content projects.

Business Positioning

Sunshine Pictures Limited aims to build a diversified content portfolio by combining creative storytelling, commercial entertainment, technology-enabled content creation, intellectual property development, and multiple distribution channels. Its mix of standalone productions and strategic co-productions allows the company to pursue growth opportunities while maintaining a balanced approach to production risk and potential revenue generation.

Sunshine Pictures IPO Promoters

  1. Vipul Amrutlal Shah
  2. Shefali Vipul Shah
  3. Aryaman Vipul Shah
  4. Maurya Vipul Shah
Promoters Holding

Holding Pre Issue

100.00%

Holding Post Issue

74.84%

Sunshine Pictures IPO Objective

The Company proposes to utilize the Proceeds from the Fresh Issue towards funding the following objects.

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

Sunshine Pictures Limited Address / Contact Details

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 Snapshot

Face Value₹10 per share
Price Band ₹ 342 – 360
Lot Size41
Issue TypeBook-building IPO
Sale TypeFresh Capital & Offer For Sale
Fresh Issue₹ 172.80 Cr
Offer for Sale₹ 109.34 Cr
Total Issue Size₹ 282.14 Cr
Listing AtBSE & NSE
IndustryFilm Production, Distribution & Entertainment
SectorMedia & Entertainment
QIB Quota0%
Retail Quota0%

Disclaimer: This data is for informational purposes only and does not constitute investment advice.

Frequently Asked Questions

Everything you need to know before applying to an IPO.

What is the Sunshine Pictures IPO?

Sunshine Pictures IPO is a Book-building IPO with a total issue size of ₹282.14 crore. The Sunshine Pictures IPO price band is ₹342 to 360 per share. The Sunshine Pictures IPO subscription opens on Tue, Aug 18, 2026, and closes on Thu, Aug 20, 2026. The Sunshine Pictures IPO will be listed on the BSE,NSE. Bigshare Services Pvt Ltd is the registrar for the Sunshine Pictures IPO.

When will the Sunshine Pictures IPO open for subscription?

The Sunshine Pictures IPO opens on Tue, Aug 18, 2026 and closes on Thu, Aug 20, 2026

What is Sunshine Pictures IPO Price Band?

Sunshine Pictures IPO Price Band is ₹342 to 360 per share.

What is Sunshine Pictures IPO Lot Size?

Sunshine Pictures IPO lot size is 41 shares, Retail investors need a minimum investment of ₹14760 based on the upper price band

What is the minimum investment for Sunshine Pictures IPO?

The minimum investment for Sunshine Pictures IPO is ₹14760, based on one lot of 41 shares at the upper price band of ₹360 per share.

How to apply for Sunshine Pictures IPO?

Investors can apply for the Sunshine Pictures IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, Aug 20, 2026. The application amount remains blocked until the Sunshine Pictures IPO allotment is finalized.

What is Sunshine Pictures IPO Issue Size?

Sunshine Pictures IPO issue size is ₹282.14 crores.

What is the Sunshine Pictures IPO Allotment Date?

Sunshine Pictures IPO allotment date is Fri, Aug 21, 2026.

Who is the Sunshine Pictures IPO Registrar?

The registrar for Sunshine Pictures IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website to check Sunshine Pictures IPO allotment status, refund processing, and other IPO-related information.

Who is the Sunshine Pictures IPO Lead Manager?

The book-running lead managers (BRLMs) for the Sunshine Pictures IPO are GYR Capital Advisors Private Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Sunshine Pictures IPO Red Herring Prospectus (RHP).