Sunshine Pictures IPO continued to attract strong investor interest, with the issue receiving 105.81 times subscription on the final day of bidding, according to NSE data. Investors placed bids for shares far exceeding the 54.86 lakh shares available for subscription. The issue is reportedly trading at a 21 per cent premium in the grey market, indicating positive sentiment and raising expectations of a potentially strong listing gain.
Investor response remained robust on Day 2, with the IPO subscribed 18.47 times overall. The retail segment witnessed particularly strong demand, with the portion reserved for retail investors subscribed 21.60 times against the 27.43 lakh shares on offer.
