Sunshine Pictures IPO
Bookbuilding IPO | ₹282.00 Cr | Listing at BSE, NSE
IPO Open
Tue, Aug 18, 2026
IPO Close
Thu, Aug 20, 2026
Price Band
₹342.00 to ₹360.00
Market Cap (Pre-IPO)
₹1,121.36 Cr
IPO Details
| IPO Date | Aug 18, 2026 to Aug 20, 2026 |
| Listing Date | Tentative: Aug 25, 2026 |
| Face Value | ₹10.00 per share |
| Price Band | ₹342.00 to ₹360.00 |
| Lot Size | 41 Shares (Minimum: ₹14,760.00) |
| Sale Type | Offer For Sale + Fresh Issue |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Issue Size | ₹282.00 Crores |
| Total Shares Offered | 7,837,191 shares |
| Fresh Issue | 4,800,034 shares |
| Offer For Sale | 3,037,157 shares |
Sunshine Pictures IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII Shares Offered | Not less than 15% of the Net Offer |
Sunshine Pictures IPO Lot Size
Investors can bid for a minimum of 41 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 41 | ₹14,760 |
| Retail (Max) | 13 | 533 | ₹191,880 |
| S-HNI (Min) | 14 | 574 | ₹206,640 |
| S-HNI (Max) | 67 | 2,747 | ₹988,920 |
| B-HNI (Min) | 68 | 2,788 | ₹1,003,680 |
Sunshine Pictures Financial Information (Restated Consolidated)
| Period Ended | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|
| Assets | 131.28 | 97.38 |
| Total Income | 105.80 | 139.46 |
| Profit After Tax | 34.46 | 53.35 |
| EBITDA | 50.76 | 73.97 |
| NET Worth | 105.07 | 70.60 |
| Reserves and Surplus | 78.72 | 70.47 |
| Total Borrowing | 11.16 | 16.67 |
Amount in ₹ Cr
Key Performance Indicators
As of Monday, March 31, 2025| KPI | Values |
|---|---|
| ROE (Return on Equity) | 39.24% |
| ROCE (Return on Capital Employed) | 41.23% |
| Debt/Equity | 0.11 |
| RoNW (Return on Net Worth) | 32.80% |
| PAT Margin (Profit After Tax Margin) | 33.35% |
| EBITDA Margin | 49.12% |
| Price to Book Value | 9.03 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 13.08 | 11.06 |
| P/E (x) | 27.52 | 32.55 |
Company Overview
Sunshine Pictures Ltd. – Company Overview
- Sunshine Pictures Ltd. is a film and entertainment production company engaged in creating, producing, marketing, and distributing films, TV serials, and web series.
- The company is a technology-driven content creator, handling script development, production, intellectual property creation, rights monetization, and content distribution.
- Content Portfolio:
- Commercial Films
- Web Series
- TV Serials
- Short Films
- The company has produced notable films including Force, Commando, Holiday, Force 2, Commando 2, and The Kerala Story.
- It has produced 10 commercial films, 2 web series, 2 TV serials, and 1 short film, and is currently involved in new projects with Jio Studios and Doordarshan.
- The company follows both standalone and co-production models, helping balance production risks and revenue potential, particularly for high-budget projects.
- Sunshine Pictures also generates additional revenue through its digital content and social media presence, with a significant following on YouTube, Instagram, and Facebook.
- As of June 30, 2026, the company had 28 full-time employees.
Company Strengths
- Experienced Promoters supported by Senior Management team
- Established Track Record and long-standing relationships in the industry
- Differentiated and Robust Business Model
- High quality standards
Use of Proceeds
| 1) | Funding the working capital requirements of the Company | 940.00 |
| 2) | General Corporate Purposes | |
| Total | 940.00 |
Objectives
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
Sunshine Pictures IPO Peer Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Sunshine Pictures | 15.19 | 15.19 | 55.08 | - | 27.58 | - | Consolidated |
| Panorama Studios International | 0.60 | 0.60 | 8.47 | 81.00 | 7.10 | 6.00 | Consolidated |
| Baweja Studios | 3.29 | 3.29 | 59.73 | 8.68 | 5.52 | 0.47 | Consolidated |
| Balaji Telefilms | -4.09 | -4.09 | 51.22 | - | -7.96 | 1.65 | - |
Quick Info
| Sector | entertainment |
| Exchange | BSE, NSE |
| Market Cap (Pre-IPO) | ₹1,121.36 Cr |
Important Dates
| IPO Open | Aug 18, 2026 |
| IPO Close | Aug 20, 2026 |
| Allotment Date | Aug 21, 2026 |
| Credit to Demat | Aug 24, 2026 |
| Listing Date | Tentative: Aug 25, 2026 |
Lead Manager(s)
GYR Capital Advisors Pvt.Ltd.
Registrar
Bigshare Services Pvt.Ltd.
8657578989/8069219065/8069219060
Description
- IPO Type: Book build issue aggregating to ₹282.14 crores.
- Issue Structure: A combination of fresh issue of 0.48 crore shares aggregating to ₹172.80 crores and offer for sale of 0.30 crore shares aggregating to ₹109.34 crores.
- IPO Dates: The issue opens on August 18, 2026 and closes on August 20, 2026.
- Allotment Date: The allotment is expected to be finalized on August 21, 2026.
- Listing Details: The shares are proposed to be listed on both National Stock Exchange of India and BSE Limited on August 25, 2026.
- Issue Price Band: ₹342 to ₹360 per equity share.
- Lot Size: 41 shares per lot.
- Retail Investment Requirement: Minimum 1 lot (41 shares) amounting to approximately ₹14,760 (at the upper price band).
This IPO offers investors an opportunity to participate in the media and entertainment sector through a combination of a fresh issue of shares and an offer for sale by existing shareholders.