Sunshine Pictures IPO is scheduled to open in 2025 and will close in 2025. This Mainboard IPO will follow the Book Built Issue route. The company plans to raise around ₹ crores, which includes a fresh issue of ₹ crores and an offer for sale of 33,75,000 equity shares. Each share carries a face value of ₹10.
The Sunshine Pictures IPO price band is set between ₹ to ₹ per share. Investor allocation will follow the standard structure where QIBs get 50%, retail investors receive 35%, and HNIs are allotted 15%. The IPO is proposed to list on both BSE and NSE in 2025. The allotment date is scheduled for 2025.
As per the recent financials, the company reported revenue of ₹13,946.01 crores in 2024, a big jump from ₹2,690.46 crores in 2023. Profit also increased significantly from ₹231.11 crores in 2023 to ₹5,245.39 crores in 2024. Based on these numbers, long-term investors may consider evaluating this IPO.
Contents
Sunshine Pictures IPO Details
| Particulars | Details |
|---|---|
| IPO Open Date | 2025 |
| IPO Close Date | 2025 |
| Face Value | ₹10 per share |
| IPO Price Band | ₹ to ₹ per share |
| Issue Size | Approx ₹ crores |
| Fresh Issue | Approx ₹ crores |
| Offer for Sale | Approx 33,75,000 equity shares |
| Issue Type | Book Built Issue |
| Listing | BSE & NSE |
| DRHP | |
| RHP |
Sunshine Pictures IPO Review
Sunshine Pictures has shown a sharp rise in both revenue and profit over the past financial year. The company operates across film production, distribution, and digital content creation, offering a diversified business model.
With a strong film portfolio and active content channels, Sunshine Pictures may attract investors looking for long-term value. However, allotment interest may depend on the final pricing and GMP trends closer to the issue date.
- Also Read: Gallard Steel IPO
Sunshine Pictures IPO Market Lot
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | – | – | ₹ |
| Retail Maximum | – | – | ₹ |
| S-HNI Minimum | – | – | ₹ |
| S-HNI Maximum | – | – | ₹ |
| B-HNI Minimum | – | – | ₹ |
IPO Reservation
| Investor Category | Shares Offered | % Allocation |
|---|---|---|
| Anchor Investors | – | –% |
| QIB | – | 50% |
| NII | – | 15% |
| Retail | – | 35% |
Sunshine Pictures IPO Anchor Investor Details
| Particular | Details |
|---|---|
| Anchor Bidding Date | 2025 |
| Anchor Investors List | |
| Shares Offered | Shares |
| Anchor Size | ₹ Cr. |
| Lock-in End (50% – 30 Days) | 2025 |
| Lock-in End (50% – 90 Days) | 2025 |
Sunshine Pictures IPO Dates
| Event | Date |
|---|---|
| IPO Open Date | 2025 |
| IPO Close Date | 2025 |
| Basis of Allotment | 2025 |
| Refunds | 2025 |
| Credit to Demat | 2025 |
| Listing Date | 2025 |
| Cut-off Time | 2025 – 5 PM |
Promoters and Holding Pattern
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre-Issue | 2,63,48,750 | 100% |
| Promoter Holding Post-Issue | – | –% |
Objects of the Issue
The funds raised through the Sunshine Pictures IPO will be used mainly to meet the company’s working capital needs and support general corporate purposes. This will help strengthen its production pipeline, improve content distribution capabilities, and support future growth across traditional and digital media platforms.
About Sunshine Pictures
Founded in 2007, Sunshine Pictures Limited is one of India’s well-known film production and distribution companies. The company handles the complete cycle of content creation script development, production, IP creation, marketing, and distribution. Some of its successful films include Force, Commando, Holiday, Force 2, Commando 2, and The Kerala Story.
The company has so far produced 10 commercial films, 2 web series, 2 TV serials, and 1 short film. It is currently co-producing 2 films with Jio Studios and developing a web series for Doordarshan.
part from films, the company actively engages audiences through YouTube, Instagram, and Facebook with over 162,960 YouTube subscribers and 9.18 crore views. As of December 15, 2024, the organisation has 28 permanent employees.
Sunshine Pictures Financial Report (Amount in ₹ Crores)
| Period | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2022 | 87.23 | 72.47 | 11.20 | 26.64 |
| 2023 | 26.90 | 23.79 | 2.31 | 38.57 |
| 2024 | 139.46 | 69.29 | 52.45 | 96.48 |
| Sept 2024 | 43.38 | 37.35 | 4.56 | 89.40 |
Sunshine Pictures IPO Valuation – FY 2024
| KPI | Value |
|---|---|
| ROE | –% |
| ROCE | –% |
| EBITDA Margin | –% |
| PAT Margin | –% |
| Debt-Equity Ratio | 0.24 |
| EPS (Basic) | ₹19.90 |
| P/E Ratio | N/A |
| RoNW | 75.26% |
| NAV | ₹26.45 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW | NAV | Income |
|---|---|---|---|---|---|
| Panorama Studios International Ltd | 30.41 | 7.09 | 28.43% | 100.71 | 444.23 Cr |
| Baweja Studios Limited | 5.44 | 12.42 | 8.59% | 51.94 | 65.13 Cr |
| Balaji Telefilms Limited | 1.96 | 40.57 | 4.50% | 42.54 | 631.11 Cr |
IPO Lead Managers
GYR Capital Advisors Pvt. Ltd.
Company Address
Sunshine Pictures Ltd.
A-102, 1st Floor, Bharat Ark, Azad Nagar,
Veera Desai Road,
Andheri (W),
Mumbai, Maharashtra – 400053
Phone: +91 70390 02911
Email: compliance@sunshinepictures.in
Website: http://www.sunshinepictures.in/
IPO Registrar
Bigshare Services Pvt. Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Sunshine Pictures IPO FAQs
What is Sunshine Pictures IPO?
Sunshine Pictures IPO is a Mainboard IPO through which the company aims to raise ₹ crores. The price band is between ₹ to ₹ per equity share. The IPO will list on BSE u0026amp; NSE.
When will Sunshine Pictures IPO open?
The IPO will open in 2025 and will close in 2025.
What is the Sunshine Pictures IPO investor allocation?
QIB investors get 50%, NII investors get 15%, and retail investors get 35%.
How to apply for Sunshine Pictures IPO?
Investors can apply through ASBA via their bank account or through UPI using their stockbroker platforms. Offline applications are also possible.
What is the Sunshine Pictures IPO Issue Size?
The issue size is ₹ crores.
What is the Sunshine Pictures IPO Price Band?
The price band is ₹ to ₹ per share.
What is the Sunshine Pictures IPO Lot Size?
The minimum lot size is shares for ₹ .
When is the Sunshine Pictures IPO Listing Date?
The IPO is set to list in 2025 on BSE and NSE.
When is the Sunshine Pictures IPO Listing Date?
The IPO is set to list in 2025 on BSE and NSE.
What is the Sunshine Pictures IPO Allotment Date?
The allotment date is 2025.
Expert Comment
Sunshine Pictures has demonstrated strong financial growth and has a diversified content universe spanning films, web series, and digital media.
Its impressive jump in profitability and expanding distribution ecosystem indicate a scalable business model. Investors may find this IPO suitable for long-term consideration, especially if the final valuation remains reasonable compared to industry peers.
