Sunshine Pictures IPO GMP: Date, Price Band, Review, Why to Consider & How to Apply

Quick Overview

Sunshine Pictures IPO is a book-built public issue of ₹282.14 crore. The issue includes a fresh issue of 0.48 crore shares, aggregating to ₹172.80 crore, and an offer for sale of 0.30 crore shares, aggregating to ₹109.34 crore.

The IPO opened for subscription on 18 August 2026 and will close on 20 August 2026. The allotment is expected to be finalised on 21 August 2026, and the tentative listing date is 25 August 2026 on NSE and BSE.

The Sunshine Pictures IPO price band is set at ₹342 to ₹360 per share. The issue price is mentioned as ₹360 per share. The lot size is 41 shares, and the minimum retail investment is ₹14,760 at the upper price.

Investors searching for Sunshine Pictures IPO GMP today or Sunshine Pictures IPO GMP price today should remember that GMP is unofficial, changes frequently and should not be treated as a confirmed listing gain indicator. No specific GMP value was provided in the available details.

Sunshine Pictures IPO

Sunshine Pictures Limited IPO is a mainboard public issue opening in August 2026. The company operates in the media and entertainment industry, with business activities across films, TV serials, web series, content production, intellectual property creation, marketing and distribution.

The IPO is a book-built issue of ₹282.14 crore. It includes both a fresh issue and an offer for sale. The fresh issue component is worth ₹172.80 crore, while the offer for sale component is worth ₹109.34 crore.

The IPO opens on 18 August 2026 and closes on 20 August 2026. The shares are proposed to be listed on NSE and BSE with a tentative listing date of 25 August 2026.

For retail investors, the minimum application size is 1 lot of 41 shares, requiring ₹14,760 at the upper price of ₹360 per share.

The company’s shareholding is expected to increase from 2,63,48,750 shares pre-issue to 3,11,48,784 shares post-issue, based on the provided data.

Sunshine Pictures IPO GMP

Many investors search for Sunshine Pictures IPO GMP, Sunshine Pictures IPO GMP today, Sunshine Pictures IPO GMP price today and Sunshine Pictures IPO GMP share price before applying.

GMP stands for Grey Market Premium. It is an unofficial premium at which IPO shares may trade in the grey market before listing. For example, if an IPO is priced at ₹360 and the GMP is ₹30, the implied grey market price would be ₹390.

However, investors should be careful while using GMP because:

• GMP is unofficial and not regulated.

• GMP can change quickly before listing.

• GMP does not guarantee listing gains.

• GMP may not reflect company fundamentals.

• GMP can be influenced by sentiment and short-term demand.

No specific Sunshine Pictures IPO GMP price was provided in the available details. Therefore, investors should not assume a premium or listing gain. A proper IPO review should focus on the company’s business model, financials, valuation, growth outlook, issue structure and risk factors.

Sunshine Pictures IPO Date and Timeline

The Sunshine Pictures IPO date for subscription is 18 August 2026. The IPO closes on 20 August 2026.

The IPO timetable is tentative and may change due to exchange, registrar or market-related updates.

Sunshine Pictures IPO Price Band and Lot Size

The Sunshine Pictures IPO price band is ₹342 to ₹360 per share. The issue price is mentioned as ₹360 per share, and the face value is ₹10 per share.

Investors can apply for a minimum of 41 shares and in multiples of 41 shares thereafter.

For investors searching for Sunshine Pictures Limited share price, the IPO price range is ₹342 to ₹360 per share. The post-listing share price will depend on market demand, company fundamentals, broader market sentiment and listing-day trading.

Sunshine Pictures IPO Reservation

Sunshine Pictures IPO comprises a total issue size of 78,37,191 shares. Out of this, 50% is allocated to QIBs, 15% to NIIs and 35% to retail investors.

Anchor Investor Details

Sunshine Pictures IPO raised ₹84.64 crore from anchor investors. The anchor bid date was 17 August 2026.

Anchor investor participation may indicate institutional interest, but it should not be treated as a guarantee of listing performance.

About Sunshine Pictures Limited

Incorporated in 2007, Sunshine Pictures Limited is a production company engaged in originating, creating, developing, producing, marketing and distributing films, TV serials and web series.

The company is a technology-driven content creator focused on commercial films. Its activities include script development, production, intellectual property creation, rights monetisation and distribution.

Sunshine Pictures has produced films such as Force, Commando, Holiday, Force 2, Commando 2 and The Kerala Story. The company has also produced web series, TV serials and a short film.

As per the provided details, the company has produced:

ten commercial films, including six co-produced films

two web series

two TV serials

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 as a co-producer with established studios. This model helps balance risk and revenue potential, especially for high-budget productions.

Sunshine Pictures is also active on social media platforms such as YouTube, Instagram and Facebook. It has 162,960 YouTube subscribers, 9.18 crore views and 104,500 followers across Instagram and Facebook, which may support additional revenue through content streaming and digital reach.

As of 30 June 2026, the company had 28 full-time employees.

Sunshine Pictures Financials

Sunshine Pictures reported a decline in revenue but an increase in profit after tax between FY2025 and FY2026. According to the provided data, revenue decreased by 28%, while PAT rose by 16% during the same period.

The company’s total income declined from ₹105.80 crore in FY2025 to ₹76.27 crore in FY2026. However, profit after tax increased from ₹34.46 crore to ₹40.02 crore during the same period.

Total borrowing reduced from ₹11.16 crore in FY2025 to ₹9.09 crore in FY2026, based on the provided financials.

Why Investors May Consider Sunshine Pictures IPO

Investors may consider tracking Sunshine Pictures IPO because the company operates in the content creation and media production industry, where successful intellectual property can generate revenue across multiple formats and distribution channels.

However, this section should not be read as a recommendation to apply. It only explains the factors investors may evaluate.

1. Established Track Record

Sunshine Pictures has been operating since 2007 and has produced multiple films, web series and TV serials. A track record in content creation may help investors evaluate execution capability.

2. Known Film Portfolio

The company has been associated with films such as Force, Commando, Holiday, Force 2, Commando 2 and The Kerala Story. Known content titles may support brand recognition in the media industry.

3. Multiple Revenue Streams

The company’s business includes production, distribution, rights monetisation and digital content reach. This may help the company generate revenue beyond theatrical release, depending on project performance and rights agreements.

4. Co-Production Model

Sunshine Pictures works both as a sole producer and co-producer. Co-production with established studios may help manage risk in high-budget projects.

5. Low Borrowing Compared to Net Worth

As per the provided FY2026 financials, total borrowing stood at ₹9.09 crore, while net worth was ₹145.13 crore. Investors may view the lower borrowing level as a point to examine positively, subject to full RHP review.

6. Profitability in FY2026

The company reported PAT of ₹40.02 crore in FY2026. Profitability may attract investor interest, especially compared with companies that are still loss-making.

Sunshine Pictures IPO Review

A practical Sunshine Pictures IPO review should look at both strengths and risks.

Positive Factors

Sunshine Pictures has an established presence in the film and content production industry. The company has produced commercial films, web series, TV serials and a short film. It also has experience in co-producing content with established studios.

The company has reported profit in FY2024, FY2025 and FY2026. PAT increased from ₹34.46 crore in FY2025 to ₹40.02 crore in FY2026.

Borrowings also reduced over the last three years, from ₹16.67 crore in FY2024 to ₹9.09 crore in FY2026.

Points to Watch

The company’s total income declined from ₹139.46 crore in FY2024 to ₹105.80 crore in FY2025 and further to ₹76.27 crore in FY2026. Investors should understand whether this decline is due to project timing, release cycles, monetisation patterns or business volatility.

The entertainment industry can be unpredictable. Revenue may depend heavily on the success of a small number of projects, audience preferences, release timing, platform agreements and distribution outcomes.

The IPO also includes an offer for sale of ₹109.34 crore, where proceeds go to selling shareholders rather than the company.

How to Apply for Sunshine Pictures IPO

Investors can apply for Sunshine Pictures IPO through supported broker platforms using UPI or ASBA.

The general process is:

• Log in to your broker or bank-supported IPO platform.

• Select Sunshine Pictures IPO from the IPO list.

• Choose the investor category and number of lots.

• Enter the bid price within the price band of ₹342 to ₹360.

• Submit the IPO application.

• Approve the UPI mandate, if applying through UPI.

• Wait for allotment finalisation.

• If allotted, shares will be credited to the demat account before listing.

• Track the listing on NSE and BSE on the tentative listing date.

Retail investors can apply for a minimum of 1 lot, which equals 41 shares and requires ₹14,760 at the upper issue price.

Key Risks

1. Revenue Decline

The company’s total income declined from ₹139.46 crore in FY2024 to ₹76.27 crore in FY2026. Investors should understand the reasons for this decline before applying.

2. Project-Based Business Risk

Film and content production businesses can have uneven revenue because income may depend on project release schedules, box office performance, rights sale, platform deals and audience response.

3. Content Success Risk

A few successful titles can drive strong returns, while unsuccessful projects can impact profitability. Content demand is difficult to predict.

4. Industry Competition

The media and entertainment industry has strong competition from production houses, studios, OTT platforms, digital creators and regional content producers.

5. OFS Component

The IPO includes an offer for sale of ₹109.34 crore. OFS proceeds go to selling shareholders, not to the company.

6. Valuation Risk

Investors should compare the IPO valuation with earnings, growth, content pipeline, peer companies and future scalability.

7. GMP Risk

Sunshine Pictures IPO GMP may attract attention, but GMP is unofficial and volatile. It should not be treated as a guaranteed listing gain indicator.

Final Thoughts

Sunshine Pictures IPO is a ₹282.14 crore book-built public issue opening on 18 August 2026 and closing on 20 August 2026. The IPO price band is ₹342 to ₹360 per share, and the lot size is 41 shares.

The company has an established track record in film and content production, known titles in its portfolio, profitability in recent years and reduced borrowings. It also operates in a sector where successful content can create value through multiple monetisation routes.

However, investors should also consider the decline in revenue, project-based business risks, content success uncertainty, industry competition and valuation.

Investors searching for Sunshine Pictures IPO GMP today should not base their decision only on grey market trends. GMP is unofficial and may change quickly. A better approach is to read the RHP, evaluate financials, understand the business model, compare valuation and assess whether the IPO fits one’s risk profile.

Disclaimer: This article is for educational and informational purposes only. It is not investment advice, IPO recommendation or a suggestion to apply. IPO investments are subject to market risk, business risk, valuation risk and listing risk. Investors should read the RHP carefully and consult a qualified financial advisor before making any investment decision.

FAQs

1. What is Sunshine Pictures IPO?

Sunshine Pictures IPO is a book-built public issue of ₹282.14 crore. It includes a fresh issue of ₹172.80 crore and an offer for sale of ₹109.34 crore.

2. What is Sunshine Pictures IPO GMP?

No specific GMP value was provided in the available details. GMP is unofficial, volatile and should not be treated as a guaranteed listing gain indicator.

3. What is Sunshine Pictures IPO GMP today?

The available details do not provide a live GMP value for Sunshine Pictures IPO. Investors should verify live GMP separately and avoid relying only on grey market premium.

4. What is Sunshine Pictures IPO date?

Sunshine Pictures IPO opens on 18 August 2026 and closes on 20 August 2026.

5. What is the Sunshine Pictures IPO price band?

The Sunshine Pictures IPO price band is ₹342 to ₹360 per share.

6. What is the Sunshine Pictures IPO issue price?

The issue price is mentioned as ₹360 per share in the provided details.

7. What is the lot size for Sunshine Pictures IPO?

The lot size for Sunshine Pictures IPO is 41 shares.

8. What is the minimum investment for retail investors?

The minimum retail investment is ₹14,760 for 1 lot of 41 shares at the upper price of ₹360 per share.

9. When is Sunshine Pictures IPO allotment expected?

The allotment for Sunshine Pictures IPO is expected to be finalised on 21 August 2026.

10. When will Sunshine Pictures IPO list?

Sunshine Pictures IPO is tentatively scheduled to list on NSE and BSE on 25 August 2026.

11. Who is the registrar of Sunshine Pictures IPO?

Bigshare Services Pvt. Ltd. is the registrar of Sunshine Pictures IPO.

12. Who is the book running lead manager for Sunshine Pictures IPO?

GYR Capital Advisors Pvt. Ltd. is the book running lead manager for the issue.

13. Is Sunshine Pictures Limited profitable?

Yes, based on the provided financials, Sunshine Pictures reported PAT of ₹40.02 crore in FY2026, ₹34.46 crore in FY2025 and ₹53.35 crore in FY2024.

14. Should investors apply for Sunshine Pictures IPO?

Investors should evaluate the RHP, financials, valuation, revenue trend, business risks, GMP context and personal suitability before deciding. This article does not provide investment advice or an IPO recommendation.