
Sunshine Pictures IPO Description – Incorporated in 2007, Sunshine Pictures is a leading Indian production house engaged in the development, production, marketing, and distribution of films, TV serials, and web series. The company debuted with the box office hit Force and has since delivered ten commercial films—including six co-productions—two web series, two television serials, and one short film. Notable titles include Holiday, Force 2, Commando, The Kerala Story (2023’s highest ROI blockbuster), and the acclaimed web series Human.
Sunshine Pictures maintains a hybrid production model—balancing sole productions with strategic co-productions—allowing for both risk mitigation and upside revenue capture. The company has produced content for platforms such as Jio Studios and Prasar Bharati and has eight films and two web series currently in the pipeline. With over 1,62,960 YouTube subscribers and 9.18 crore views, its social media reach contributes to revenue via digital streaming and engagement. As of December 15, 2024, Sunshine Pictures has 28 full-time employees.

Promoters of Sunshine Pictures – Vipul Amrutlal Shah, Shefali Vipul Shah, Aryaman Vipul Shah, and Maurya Vipul Shah
Table of Contents
Sunshine Pictures IPO Details
| Sunshine Pictures IPO Dates | Coming soon |
| Sunshine Pictures IPO Price | Coming soon |
| Fresh issue | 50,00,000 shares |
| Offer For Sale | 33,75,000 shares |
| Total IPO size | 83,75,000 shares |
| Minimum bid (lot size) | Coming soon |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Sunshine Pictures Financial Performance
| FY 2022 | FY 2023 | FY 2024 | H1 FY 2025 | |
| Revenue | 87.13 | 26.51 | 133.80 | 39.02 |
| Expenses | 72.47 | 23.79 | 69.29 | 37.35 |
| Net income | 11.20 | 2.31 | 52.45 | 4.56 |
| Margin (%) | 12.85 | 8.71 | 39.20 | 11.69 |
Sunshine Pictures Offer News
- Sunshine Pictures RHP
- Sunshine Pictures DRHP
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Sunshine Pictures Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 (Pre Issue) | FY 2025 (Post-Issue)* | |
| EPS | 4.25 | 0.88 | 19.90 | 1.73 |
| PE Ratio | – | – | – | – |
| FY 2022 | FY 2023 | FY 2024 | |
| RONW (%) | 44.81 | 8.46 | 75.26 |
| NAV | 8.31 | 9.07 | 26.45 |
| Operating EBITDA (%) | 17.34 | 15.34 | 50.39 |
| Debt/Equity | – | 0.24 | 0.24 |
Sunshine Pictures IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
| Coming soon | – | – | – |
Sunshine Pictures IPO Objectives
The company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:
- To meet the working capital requirements – INR 94 crore
- General corporate purposes
Sunshine Pictures IPO Subscription – Live Updates
Coming soon
NA Shares allotted to anchor investors are not included in these calculations. Similarly, NA shares allotted to market makers, if any, are not part of these calculations.
Sunshine Pictures – Comparison With Listed Peers
| Company | PE ratio | EPS | RONW (%) | NAV | Revenue (Cr.) |
| Sunshine Pictures | – | 19.90 | 75.26 | 26.45 | 139.46 |
| Panorama Studios | 7.09 | 30.32 | 28.43 | 100.71 | 444.23 |
| Baweja Studios | 12.42 | 5.44 | 8.59 | 51.94 | 65.13 |
Sunshine Pictures IPO Allotment Status
Sunshine Pictures IPO allotment status will be available on Bigshare Services’ website. Click on this link to get allotment status.
Sunshine Pictures IPO Dates & Listing Performance
| IPO Opening Date | Coming soon |
| IPO Closing Date | Coming soon |
| Finalization of Basis of Allotment | Coming soon |
| Initiation of refunds | Coming soon |
| Transfer of shares to demat accounts | Coming soon |
| Sunshine Pictures IPO Listing Date | Coming soon |
| Opening Price on NSE | Coming soon |
| Closing Price on NSE | Coming soon |
Sunshine Pictures IPO Reviews – Subscribe or Avoid?
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Sunshine Pictures Offer Lead Manager
GYR CAPITAL ADVISORS PRIVATE LIMITED
428, Gala Empire, Near JB Tower,
Drive in Road, Thaltej
Ahmedabad-380 054, Gujarat, India
Phone:+91 877 756 4648
Email: [email protected]
Website: www.gyrcapitaladvisors.com
Sunshine Pictures Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
56-2, 6th Floor, Pinnacle Business Park,
Mahakali Caves Road, next to Ahura Centre,
Andheri East, Mumbai- 400093, Maharashtra
Phone: +91 22 6263 8200
Email: [email protected]
Website: www.bigshareonline.com
Sunshine Pictures Contact Details
SUNSHINE PICTURES LIMITED
A – 102, 1st Floor, Bharat Ark, Azad Nagar, Veera Desai Road,
Andheri (W), Mumbai – 400 053, Maharashtra, India
Phone: +91 70390 02911
Email: [email protected]
Website: www.sunshinepictures.in
Sunshine Pictures IPO FAQs
How many shares in Sunshine Pictures IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.
How to apply for Sunshine Pictures Public Offer?
The best way to apply for Sunshine Pictures public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Sunshine Pictures IPO GMP today?
Sunshine Pictures IPO GMP today is INR NA per share.
What is Sunshine Pictures kostak rate today?
Sunshine Pictures kostak rate today is INR NA per application.
What is Sunshine Pictures Subject to Sauda rate today?
Sunshine Pictures Subject to Sauda rate today is INR NA per application.




































