The Sunshine Pictures IPO opened for subscription on Tuesday, giving investors a fresh opportunity to participate in the company’s public issue. The IPO is reportedly commanding a 20% premium in the grey market, signalling strong investor interest and raising expectations of a positive listing gain.
The Rs 282.14 crore IPO comprises a fresh issue of 48 lakh shares worth Rs 172.80 crore, along with an offer for sale (OFS) of 30 lakh shares aggregating to Rs 109.34 crore.