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The Economic Times
The Economic Times
Business
Ritesh Presswala

Sunshine Pictures shares list at 10% premium over IPO price

Sunshine Pictures GMP NSE IPO Facebook Instagram

Shares of Sunshine Pictures listed at 10% premium over IPO price on Tuesday. The stock listed at Rs 394 and Rs 395.90 on BSE and NSE, respectively, as compared to its issue price of Rs 360.

The IPO, which was open for subscription between August 18 and August 20, received a blockbuster response from investors, with the issue subscribed 105.81 times overall. The retail portion was subscribed 56.60 times, while the QIB segment saw 123.52 times subscription. The NII category led the charge, with demand soaring to 197.04 times the shares on offer.

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