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BSE, NSE

Sunshine Pictures Ltd

Listed

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.

Issue details

Price band

₹342 – ₹360

Face value

₹10

Lot size

41 shares

Minimum investment

₹14,760

Issue size

₹282.14 Cr

Fresh issue

₹172.80 Cr

Offer for sale

₹109.34 Cr

Issue type

Book Built

Exchange

BSE, NSE

Key dates

Opens

18 Aug 2026

Closes

20 Aug 2026

UPI mandate cut-off

5:00 PM on 20 Aug 2026

Allotment

21 Aug 2026

Refunds

24 Aug 2026

Shares in demat

24 Aug 2026

Listing

25 Aug 2026

Subscription and listing

Subscription

73.72x

Listing price

₹395.90

Registrar

Bigshare Services Pvt Ltd

Lead manager

GYR Capital Advisors

Subscription by category

Total

73.72x

Total applications

33,06,756

Anchor investors

Amount raised

₹84.64 Cr

Bid date

17 Aug 2026

50% lock-in ends

19 Sep 2026

Rest lock-in ends

18 Nov 2026

Listing day

Issue price

₹360

Open

₹395.90

High

₹395.90

Low

₹365.60

Day close

₹369.20

Listing gain at open

+9.97%

Issue structure

Shares reserved per category and share of the total issue

QIB

39,18,576

50.00%

Anchor Investor

23,51,140

30.00%

QIB (Ex. Anchor)

15,67,436

20.00%

NII

11,75,592

15.00%

bNII > ₹10L

7,83,728

10.00%

sNII < ₹10L

3,91,864

5.00%

Retail

27,43,023

35.00%

Total

78,37,191

100.00%

Finaccle’s quick read

Apply

FY26 income down 28%, PAT up 16%, ROE 31.99%, D/E 0.06, post-issue P/E 28.02x.

A rules-based screen of growth, margins, debt and valuation, built from the offer document and data on Chittorgarh.com. It is for information only and is not investment advice or a recommendation to buy or sell. Read the RHP and speak to a SEBI-registered adviser before you apply.

About the company

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.

Founded

2007

2007

Promoters

Vipul Amrutlal Shah, Shefali Vipul Shah, Aryaman Vipul Shah, Maurya Vipul Shah

Vipul Amrutlal Shah, Shefali Vipul Shah, Aryaman Vipul Shah, Maurya Vipul Shah

Promoter holding

100% pre-issue; 74.84% post-issue

100% pre-issue; 74.84% post-issue

Financial performance

Restated figures in ₹ crore, latest period first

₹ crore, latest first. Full table on desktop.

Period

Total income

Income

EBITDA

PAT

Net worth

Borrowings

Debt

Assets

FY26

FY26

76.27

76.27

58.55

40.02

40.02

145.13

9.09

9.09

179.64

FY25

FY25

105.80

105.80

50.76

34.46

34.46

105.07

11.16

11.16

131.28

FY24

FY24

139.46

139.46

73.97

53.35

53.35

70.60

16.67

16.67

97.38

ROE

31.99%

ROCE

36.20%

Debt / equity

0.06

PAT margin

53.77%

P/E post issue

28.02

Market cap

₹1,121.36 Cr

Use of IPO money

Funding the working capital requirements of the Company

₹112.50 Cr

General Corporate Purposes

₹43.02 Cr

Issue Expenses

₹28.21 Cr

Strengths

✓

PAT up 16% in FY26 to ₹40.02 Cr

✓

PAT margin of 53.77%

✓

ROE of 31.99% and ROCE of 36.20%

✓

Moderate leverage: debt to equity 0.06

Risks to watch

!

Revenue fell 28% in FY26

!

39% of the issue is an offer for sale by existing shareholders

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Last updated:

Information is compiled from exchange notices and the company’s offer document. It is for general information only and is not investment advice or a recommendation to apply. Read the prospectus before investing.