🔥 Trending Sunshine Pictures IPO: GMP and Subscription Updates

The Grey Market Premium (GMP) for Sunshine Pictures IPO currently stands at ₹77 per share as of August 19, 2026 ³. This indicates a premium of approximately 21% over the IPO's upper price band of ₹360 per share ¹³.

Understanding Grey Market Premium (GMP)

GMP is an unofficial indicator of the demand and potential listing performance of an IPO in the grey market, which is an unregulated over-the-counter market where IPO shares are bought and sold before they are officially listed on the stock exchange. While GMP can offer a preliminary idea of market sentiment, it is important to note that it is not a guaranteed predictor of the actual listing price or future stock performance ⁴.

Sunshine Pictures IPO Details

The Sunshine Pictures IPO opened for bidding on August 18, 2026, and is scheduled to close on August 20, 2026 ⁷. The price band for the IPO has been fixed at ₹342 to ₹360 per share, with a face value of ₹10 ⁷. The company aims to raise a total of ₹282.14 crore through this book-built IPO ⁸.

As of Day 2 of the IPO, the issue has been subscribed over 18 times ⁴⁸, with some reports indicating a subscription of 9.29 times ⁵ or 4.33 times ¹². The strong subscription numbers, coupled with the positive GMP, suggest a healthy market interest in the IPO ².

Based on the current GMP of ₹77, the estimated listing price for Sunshine Pictures shares is approximately ₹437 per share (₹360 + ₹77) ¹.