Sunshine Pictures IPO
ListedMainboardOpens 18 August 2026Closes 20 August 2026
Sunshine Pictures Limited (incorporated in 2007 as Energetic Films Private Limited) is an Indian media and entertainment production house engaged in originating, creating, developing, producing, marketing, and…
Sunshine Pictures Limited (incorporated in 2007 as Energetic Films Private Limited) is an Indian media and entertainment production house engaged in originating, creating, developing, producing, marketing, and distributing commercial films, web series, and TV serials. The company has produced and co-produced notable film titles including 'Force', 'Commando', 'Holiday: A Soldier Is Never Off Duty', 'Force 2', 'Commando 2', 'Commando 3', 'The Kerala Story', and 'Bastar: The Naxal Story', along with OTT web series like 'Human' and 'Commando'. Sunshine Pictures operates an integrated content creation model across theatrical releases, OTT streaming platforms, TV broadcasting, and digital channels.
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Key ratios
As per RHP / filingsTimeline
IPO Opens
18 Aug
IPO Closes
20 Aug
Allotment
21 Aug
Listing
25 Aug
IPO Timeline & Listing Details
| Event | Date |
|---|---|
| IPO Open Date | 18 August 2026 |
| IPO Close Date | 20 August 2026 |
| Allotment Date | 21 August 2026 |
| Listing Date | 25 August 2026 |
Investment Categories
| Category | Lots | Amount |
|---|---|---|
Retail (Min) | 1 | ₹14,760 |
Retail (Max)Just less than ₹2,00,000 | 13 | ₹1,91,880 |
SHNI (Min)Just above ₹2,00,000 | 14 | ₹2,06,640 |
SHNI (Max)Below ₹10,00,000 | 67 | ₹9,88,920 |
BHNIAbove ₹10,00,000 | 68 | ₹10,03,680 |
IPO Reservation Details
| Category | Reservation |
|---|---|
| QIB (Qualified Institutional Buyer) | 50% |
| NII (Non-Institutional Investor) | 15% |
| SHNI (Small Non-Institutional Investor) | 5% |
| BHNI (Big Non-Institutional Investor) | 10% |
| Retail | 35% |
| Total | 100.00% |
IPO Objectives
- Funding the working capital requirements of the Company (₹112.50 Cr).
- General Corporate Purposes.
Strengths
- Experienced Promoters supported by a skilled and dedicated senior management team.
- Established track record with proven commercial successes such as 'Holiday', 'Force', 'Commando', and 'The Kerala Story'.
- Differentiated and robust business model balancing standalone productions and co-productions with major studios.
- Strong industry relationships across creative talent, distributors, and streaming platforms.
Weaknesses
- Heavy reliance on public/audience acceptance of film and OTT content, which is inherently unpredictable and volatile.
- Significant revenue concentration from top 5 studio and distribution customers (accounting for 74.81% of FY26 operating revenue).
- Working capital-intensive business model with significant cash required upfront for content creation and production.
- Risk of time delays, budget overruns, or exhibition restrictions/censorship on film projects.
Financial Performance
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets (₹ Cr.) | 179.64 | 131.28 | 97.38 |
| Revenue (₹ Cr.) | 74.44 | 103.33 | 133.8 |
| PAT (₹ Cr.) | 40.02 | 34.46 | 53.35 |
| Net Worth (₹ Cr.) | 145.13 | 105.07 | 70.6 |
Peer Comparison
| Company | P/B Ratio | P/E Ratio | RONW (%) | Net Worth (₹ Cr.) |
|---|---|---|---|---|
| Sunshine Pictures | 6.54 | 23.7 | 27.58% | 145.13 |
| Balaji Telefilms Limited | 1.77 | 0 | -7.87% | 54.96 |
| Baweja Studios Limited | 0.41 | 7.35 | 5.52% | 56.44 |
Subscription Details
Daily Bids Status
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 0.03x | 0.14x | 123.52x |
| NII | 6.23x | 35.59x | 197.04x |
| S-HNI | 9.34x | 48.63x | 194.27x |
| B-HNI | 4.67x | 29.07x | 198.42x |
| RII | 5.99x | 21.61x | 56.6x |
| Total | 4.34x | 18.47x | 105.81x |
Overall Subscription Statistics
| Category | Shares Offered | Shares Bid | Bid Amount (₹ Cr) |
|---|---|---|---|
| QIB | 15,67,436 | 19,36,02,041 | 6,969.67 |
| NII | 11,75,592 | 23,16,34,994 | 8,338.86 |
| Small NII | 3,91,864 | 7,61,25,725 | 2,740.53 |
| Big NII | 7,83,728 | 15,55,09,269 | 5,598.33 |
| RII | 27,43,023 | 15,52,53,142 | 5,589.11 |
| Total | 54,86,051 | 58,04,90,177 | 20,897.65 |
Company Details
- Sunshine Pictures Limited
- A-102, 1st Floor, Bharat Ark, Azad Nagar, Veera Desai Road, Andheri (W), Mumbai - 400 053, Maharashtra, India
- +91 70390 02911
- compliance@sunshinepictures.in
- https://www.sunshinepictures.in/
Registrar Details
- Bigshare Services Private Limited
- +91 22 6263 8200
- ipo@bigshareonline.com
- https://www.bigshareonline.com/
Frequently Asked Questions
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Sunshine Pictures IPO News & Updates
Follow the latest updates for Sunshine Pictures IPO, including grey market moves and allotment news.
Sunshine Pictures IPO IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Sunshine Pictures IPO Details
Issue size, price, financials, and company info
Sunshine Pictures IPO GMP
Live grey market premium and listing estimate
Sunshine Pictures IPO Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Sunshine Pictures IPO Allotment
Allotment date, chances, and check by PAN
Sunshine Pictures IPO Review
SWOT, strengths, risks, and IPO review
Sunshine Pictures IPO FAQ
Common questions on dates, GMP, and allotment
Sunshine Pictures IPO Registrar
Registrar website and how to check allotment
Sunshine Pictures IPO Timeline
Open, close, allotment, and listing dates
Sunshine Pictures IPO News
Updates, blogs, and latest IPO news
Sources
We match Sunshine Pictures IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- Bigshare Services Private LimitedOfficial site to check allotment status for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews IPO dates and key details before they go live.