
Sunshine Pictures Limited
IPO Details
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Sunshine Pictures Limited's completed its IPO journey with a successful listing on NSE, BSE on Aug 25, 2026. The public offering mobilized 78,37,191 Shares in total capital, comprising 48,00,034 Shares in fresh equity and ₹109.34 Cr in Offer for Sale shares from existing stakeholders.
The offering was conducted within the price band of ₹342 to ₹360, with minimum application lots of 41 shares. Investor participation during the Aug 18, 2026 to Aug 20, 2026 subscription window determined the final allocation pattern.
The basis of allotment was announced on Aug 21, 2026, finalizing share distribution to successful applicants. The listing represents a significant corporate development, providing the company with enhanced visibility and access to public capital markets.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in 2007, Sunshine Pictures Limited is a film-making company engaged in originating, developing, producing, creating, marketing, and distributing films, TV serials, and web series. The company leverages technology to generate content and has expertise in commercial films, handling everything from script development to production, intellectual property creation, rights monetization, and distribution. Sunshine Pictures has produced notable films such as 'Force', 'Commando', 'Holiday', 'Force 2', 'Commando 2', and 'The Kerala Story', achieving commercial success while addressing social themes. Its portfolio includes ten commercially successful films (six co-produced), two web series, two TV serials, and one short film, with ongoing projects including two movies with Jio Studios and a web series for Doordarshan. The company co-produces projects with established studios, balancing co-produced and standalone projects to manage risk and revenue. It maintains a presence on social media, with 162,960 YouTube subscribers, 9.18 crore views, and 104,500 Instagram and Facebook followers, generating additional revenue from content streaming. As of December 15, 2024, Sunshine Pictures employed 28 full-time staff.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Experienced Promoters & Management: The company is led by experienced promoters and senior management with strong knowledge of the film and entertainment industry.
- Established Industry Track Record: Sunshine Pictures has experience in producing commercially successful films and has built strong relationships across the entertainment industry.
- Differentiated Business Model: The company combines standalone productions with co-productions, helping manage project risks while exploring opportunities across films, television, and digital content.
- Unpredictable Audience Acceptance: The success of films, web series, and television shows depends on audience preferences. Poor response could negatively impact revenue and profitability.
- Limited Rights Ownership: The company's ability to earn from its content depends on the rights it owns or retains. Limited rights may reduce future monetization opportunities.
- Dependence on Box-Office Performance: A significant portion of revenue comes from film box-office collections. Weak performance of movies could adversely affect revenue and financial results.
- Vipul Amrutlal Shah
- Shefali Vipul Shah
- Aryaman Vipul Shah
- Maurya Vipul Shah
Sunshine Pictures Limited
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