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Sunshine Pictures IPO Day 2 on 19 August: Price Rs 342-360, Closes Tomorrow

  • August 19, 2026
  • Posted by: Ankit Jaiswal
  • Category: IPO
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Sunshine Pictures IPO Day 2 on 19 August: Price Rs 342-360, Closes Tomorrow

the issue Day 2, 19 Aug 2026. Price band Rs 342-360. Lot 41 shares. Min Rs 14,760. Rs 282.14 Cr (Fresh Rs 172.80 Cr + OFS Rs 109.34 Cr). Listing 25 Aug NSE BSE.

Quick Answer

the issue is on Day 2 of subscription on 19 August 2026, closing on 20 August. Price band Rs 342-360, lot size 41 shares, minimum Rs 14,760. Rs 282.14 crore mainboard issue. FY26 PAT Rs 40.02 crore. Tentative listing on NSE and BSE on 25 August 2026.

The the issue is on Day 2 of its subscription window on 19 August 2026, with the issue closing on 20 August 2026. Priced at Rs 342 to Rs 360 per share with a lot size of 41 shares, the the issue is a Rs 282.14 crore mainboard issue comprising a fresh issue of Rs 172.80 crore and an OFS of Rs 109.34 crore. Retail investors need a minimum of 1 lot (41 shares) at Rs 14,760 to apply. The tentative listing on NSE and BSE is August 25, 2026.

Sunshine Pictures is a film and TV content production company with FY26 revenue of Rs 74.44 crore and PAT of Rs 40.02 crore, reflecting a highly profitable operating model for its size. The company’s near-zero debt profile (debt-equity ratio: 0.06) is a strong balance sheet positive. Kunal Singla of Univest has flagged the the issue for monitoring, noting the company’s differentiated film and digital content production model. The Nifty 50 was down 0.38% on 19 August, and investors should review the issue subscription data carefully on Day 2 before deciding.

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Table of Contents

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  • Sunshine Pictures IPO Key Details
  • About Sunshine Pictures
  • Sunshine Pictures IPO Day 2: Key Points
    • Near-Zero Debt and Strong Profitability
    • Audience Acceptance Risk in Content Production
  • Conclusion
  • Frequently Asked Questions on Sunshine Pictures IPO
    • What is the Sunshine Pictures IPO price band and lot size?
    • What does Sunshine Pictures do?
    • What is the Sunshine Pictures IPO issue size?
    • When is the Sunshine Pictures IPO listing date?
    • Who are the lead manager and registrar for Sunshine Pictures IPO?
    • What is the subscription status of Sunshine Pictures IPO on Day 2?
    • Should I apply for the Sunshine Pictures IPO?

Sunshine Pictures IPO Key Details

Parameter Details
Price Band Rs 342 to Rs 360 per share
Lot Size 41 shares
Minimum Investment (Retail) Rs 14,760 at upper band (1 lot)
Issue Size Rs 282.14 crore
Fresh Issue ~48 lakh shares (Rs 172.80 crore)
Offer for Sale (OFS) ~30.37 lakh shares (Rs 109.34 crore)
Subscription Day Day 2 (of 3)
Issue Close 20 August 2026
Allotment Date 21 August 2026
Listing Date (Tentative) 25 August 2026 (NSE + BSE)
Lead Manager GYR Capital Advisors
Registrar Bigshare Services Pvt Ltd

Verify all the issue details from the SEBI-approved RHP before investing.

Univest does not publish grey market premium (GMP) figures for any IPO. GMP is unofficial, unregulated, and not endorsed by SEBI, NSE, or BSE. Invest based on fundamentals in the official Red Herring Prospectus (RHP), not on informal GMP data.

About Sunshine Pictures

Sunshine Pictures Limited is a media and entertainment company focused on the production of films and audiovisual content for theatrical release and digital/OTT distribution. With FY26 revenue of Rs 74.44 crore and PAT of Rs 40.02 crore, the company runs a profitable business relative to its size. The debt-equity ratio of 0.06 indicates a virtually debt-free balance sheet, which reduces financial risk. Fresh issue proceeds of up to Rs 112.50 crore will be used for working capital requirements, supporting pipeline content development.

Sunshine Pictures IPO Day 2: Key Points

Near-Zero Debt and Strong Profitability

The the issue is backed by a company with a very low debt-equity ratio of 0.06 and a PAT of Rs 40.02 crore on FY26 revenues of Rs 74.44 crore. A PAT margin of approximately 54% is exceptionally high for a content production company, suggesting either very successful recent releases or a lean operational model. This profitability profile is a key differentiator for the the issue relative to other entertainment sector listings.

Audience Acceptance Risk in Content Production

The primary risk for any film and content production company , and therefore for the the issue , is that audience acceptance is inherently unpredictable. Box office results can vary dramatically regardless of production quality or budget, and OTT licensing revenues are also tied to content quality and viewer demand. Investors in the the issue must be comfortable with this project-based revenue risk, which can cause significant financial variance quarter to quarter.

Track the the issue Subscription and Media Stocks on the Univest Screener

Conclusion

The the issue is on Day 2 on 19 August 2026, closing on 20 August. The the issue is priced at Rs 342-360, lot size 41 shares, minimum investment Rs 14,760, total Rs 282.14 crore, and tentative listing 25 August on NSE and BSE. FY26 PAT of Rs 40.02 crore and low debt are positives. Apply only after reviewing the RHP and consulting a SEBI-registered financial advisor.

Download the Univest iOS App or Univest Android App to track the issue subscription status and receive media and entertainment sector research from Univest.

Disclaimer: Data and figures in this article are sourced from publicly available information and may not always be accurate. Verify all data with NSE (nseindia.com) and BSE (bseindia.com) before investing. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).

Frequently Asked Questions on Sunshine Pictures IPO

What is the Sunshine Pictures IPO price band and lot size?

Ans. The the issue price band is Rs 342 to Rs 360 per equity share. The lot size is 41 shares, making the minimum retail investment Rs 14,760 at the upper price band of Rs 360. The Sunshine Pictures IPO opened on August 18, 2026, and is on Day 2 today, 19 August. The issue closes on August 20, 2026, and the tentative listing date is August 25, 2026, on NSE and BSE.

What does Sunshine Pictures do?

Ans. Sunshine Pictures Limited is a film and television content production company engaged in the development and production of movies and audiovisual content for theatrical and digital distribution. The company operates in India’s entertainment and media sector, producing content for cinema halls as well as OTT and digital platforms. FY26 revenue was Rs 74.44 crore with a PAT of Rs 40.02 crore, showing strong profitability for its scale. Its debt equity ratio is a very low 0.06, indicating a nearly debt-free balance sheet.

What is the Sunshine Pictures IPO issue size?

Ans. The Sunshine Pictures IPO is a Rs 282.14 crore mainboard book-built issue comprising a fresh issue of approximately 48 lakh shares worth Rs 172.80 crore and an offer for sale (OFS) of approximately 30.37 lakh shares worth Rs 109.34 crore. The fresh issue proceeds of up to Rs 112.50 crore are earmarked for working capital requirements. Verify from the SEBI-approved RHP.

When is the Sunshine Pictures IPO listing date?

Ans. The Sunshine Pictures IPO tentative listing date is August 25, 2026, on NSE and BSE. Allotment is expected on August 21, 2026, with shares credited and refunds processed on the same day. Today (19 August) is Day 2; investors have until August 20 to apply. Verify listing details from official NSE and BSE announcements.

Who are the lead manager and registrar for Sunshine Pictures IPO?

Ans. GYR Capital Advisors Private Limited is the book-running lead manager for the Sunshine Pictures IPO. Bigshare Services Private Limited is the registrar. Check allotment status on Bigshare Services’ website after the allotment date of August 21, 2026, using your PAN, application number, or demat account details.

What is the subscription status of Sunshine Pictures IPO on Day 2?

Ans. Check the live Sunshine Pictures IPO subscription status on NSE (nseindia.com) and BSE (bseindia.com) under the IPO section for real-time category-wise subscription data. Day 2 subscription demand , particularly from QIBs and HNIs , provides important signals about institutional confidence in the Sunshine Pictures IPO.

Should I apply for the Sunshine Pictures IPO?

Ans. The Sunshine Pictures IPO offers exposure to India’s film and OTT content production sector at a price band of Rs 342-360. The company’s low debt (ratio: 0.06) and strong PAT of Rs 40.02 crore in FY26 are positives. However, content production businesses carry significant audience acceptance risk , box office success is inherently unpredictable. Ankit Jaiswal of Univest has flagged the Sunshine Pictures IPO for monitoring. Consult a SEBI-registered financial advisor before applying.



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Author: Ankit Jaiswal
Ankit Jaiswal is the Senior Research Analyst at Univest, leading the platform's in-house equity research desk and serving as the editorial reviewer for all research and blog content published at univest.in. With 11+ years of experience in Indian equity markets, he oversees stock recommendations, earnings analysis, sector coverage, and ensures every published article meets SEBI Research Analyst Regulations. He holds a Bachelor of Commerce (B.Com) from St. Xavier's College, Kolkata — one of India's most prestigious commerce institutions — and has cleared CMT Level 2 from the CMT Association, a globally recognised certification in technical analysis and market research. His research methodology combines fundamental analysis (earnings quality, balance sheet strength, management commentary) with advanced technical analysis (chart patterns, momentum indicators, market structure) — giving Univest's retail investors a dual-lens approach that most Indian research platforms lack. Ankit is among the most comprehensively certified analysts in Indian financial media, holding five NISM certifications: Series-XV (Research Analyst), Series-VIII (Equity Derivatives), Series-VII (SORM), Series-VI (Depository Operations), and Series-V-A (Mutual Fund Distributors). At Univest — India's SEBI-registered research and advisory platform — Ankit's responsibilities include leading the research team, finalising stock recommendations published across Pro Lite, Pro Super, and Pro Gold advisory services, and maintaining editorial oversight of all YMYL financial content published on the blog.

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