Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE |

SEBI has approved the Initial Public Offer (IPO) of Sunshine Pictures Ltd. on June 13, 2025. The company will proceed with next steps to launch the Initial Public Offer (IPO) subject to market conditions and other approvals. The SEBI approval is valid for 12 months.
Sunshine Pictures Ltd. IPO is a Book Build Issue
The equity shares are proposed to be listed on NSE and BSE. GYR Capital Advisors Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Sunshine Pictures IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Tue, Dec 31, 2024 |
| SEBI/Exchange approval received | Fri, Jun 13, 2025 |
| 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 |
Incorporated in 2007, Sunshine Pictures Limited is a production company engaged in the business of originating, creating, developing, producing, marketing, and distributing films, TV serials, and web series.
The company is a technology-driven content creator specializing in innovative commercial films, covering script development, production, intellectual property creation, rights monetization, and distribution.
The company has produced notable films like ‘Force’, ‘Commando’, ‘Holiday’, ‘Force 2’, ‘Commando 2’, and ‘The Kerala Story’, achieving commercial success and addressing social relevance.
The company has produced ten commercial films (six co-produced), two web series, two TV serials, and one short film. It is currently co-producing two films with Jio Studios and producing one web series for Doordarshan.
The company produces projects either as a sole producer or co-producer with reputable studios. It maintains a mix of co-produced and standalone projects, balancing risk and revenue potential, particularly for high-budget productions.
The company is active on social media platforms like YouTube, Instagram, and Facebook. It has 162,960 YouTube subscribers, 9.18 crore views, and 104,500 followers across Instagram and Facebook, generating additional revenue from content streaming.
As of December 15, 2024, the company has a total strength of 28 full-time employees.
Competitive Strengths:
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 89.40 | 96.48 | 38.57 | 26.64 |
| Total Income | 43.38 | 139.46 | 26.90 | 87.23 |
| Profit After Tax | 4.56 | 52.45 | 2.31 | 11.20 |
| NET Worth | 74.26 | 69.70 | 27.30 | 24.99 |
| Reserves and Surplus | 74.14 | 69.58 | 27.16 | 24.85 |
| Total Borrowing | 8.52 | 16.67 | 6.48 | |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the working capital requirements of the Company | 940.00 |
| 2 | General Corporate Purposes |
| KPI | Mar 31, 2024 |
|---|---|
| Debt/Equity | 0.24 |
| RoNW | 75.26% |
| PAT Margin | 39.20% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100% |
Lead Manager Reports
Sunshine Pictures IPO is a main-board IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Sunshine Pictures IPO open and close dates are not available as of now.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Sunshine Pictures IPO using UPI as a payment gateway. Zerodha customers can apply in Sunshine Pictures IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Sunshine Pictures IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Sunshine Pictures IPO dates are not announced. Please check back again after some time.
Sunshine Pictures IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Sunshine Pictures IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Sunshine Pictures IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Sunshine Pictures IPO allotment status.
The Sunshine Pictures IPO listing date is not yet announced. The tentative date of listing is .