Sunshine Pictures Limited proposes to open an initial public offering of its equity shares, each with a face value of ₹10, on Tuesday, 18 August 2026. The Bid/ Offer Closing Date is Thursday, August 17, 2026.
The Price Band of the Offer has been fixed at ₹342 to ₹360 per Equity Share. Bids can be made for a minimum of 41 Equity Shares and multiples of 41 Equity Shares thereafter.
- Issue Opens: August 18, 2026
- Issue Closes: August 20, 2026
- Face Value: Rs 10
- Price Band: Rs 342 – 360 per share
- Minimum Bid Lot: 41 Equity Shares
- Listing: BSE & NSE
The Offer comprises a Fresh Issue of up to 48,00,034 Equity Shares, each with a face value of ₹10, aggregating up to ₹172.80 crore, and an Offer for Sale of up to 30,37,157 Equity Shares, aggregating up to ₹109.33 crore. Within the Offer for Sale, Vipul Amrutlal Shah is offering up to 20,31,388 Equity Shares of face value of ₹ 10 each aggregating up to ₹ 73.13 crore, and Shefali Vipul Shah is offering up to 10,05,769 Equity Shares of face value of ₹ 10 each aggregating up to ₹ 36.21 crore. The proceeds of the fresh issue of up to ₹112.5 crore will be utilized to fund working capital requirements, with the balance for General Corporate Purpose.
Sunshine Pictures is a production house engaged in the business of originating, creating, developing, producing, marketing and distribution of films, TV serials and web series. The company started with its debut production ‘Force’ and was a box office hit. Since then, it has produced and distributed prominent, commercial and socially relevant films such as ‘Commando: A One-Man Army’, ‘Holiday: A soldier is never off duty’, ‘Force 2’, ‘Commando 2: The black money trail’, ‘The Kerala Story’, etc. ‘The Kerala Story’ emerged as the highest return-on-investment blockbuster in 2023, reflecting the company’s ability to balance commercial appeal with critical acclaim. Sunshine Pictures has produced 13 commercial films, out of which seven were co-produced with reputable studios, and six were self-produced; two web series; three TV serials; and one short commercial film.
The company has recently launched two verticals, namely Sunshine Music and Sunshine Digital (Originals). Currently, on its YouTube channel, they have 36 original music videos, a maiden digital web series, “Bawra Mann,” and “Ankahee”. Additionally, Sunshine Pictures has six films and 2 web series in the production pipeline. Sunshine Pictures stands out among its peers with a significantly stronger profitability profile. For the period FY 2026, Sunshine Pictures reported ₹ 58.54 crore EBITDA and ₹ 40.02 crore PAT on standalone revenue of ₹ 74.43 crore in FY26, translating into a strong 78.65% EBITDA margin and 53.77% PAT margin. The Equity Shares are proposed to be listed on the BSE Limited and National Stock Exchange of India Limited.
