{
  "id": 2159084,
  "title": "Vipul Shah-Promoted Sunshine Pictures ₹282-Crore IPO Subscribed 105.81 Times; NII Portion Booked 197 Times",
  "url": "https://urgent.news/2026/08/20/vipul-shah-promoted-sunshine-pictures-282-crore-ipo-subscribed-105-81",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-20T14:31:20.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/vipul-shah-promoted-sunshine-pictures-282-crore-ipo-subscribed-10581-times-nii-portion-booked-197-times"
  },
  "original_language": "en",
  "account": "Vipul Shah promoted Sunshine Pictures received a record subscription of 105.81 times for its Rs 282-crore IPO. The retail portion was subscribed 197 times, while QIBs subscribed 123.52 times and non-institutional investors subscribed 56.60 times. Nine anchor investors raised Rs 84.64 crore in the IPO. The price band is fixed at Rs 342-360 per share with the mainboard issue comprising 48 lakh equity shares and an OFS of 30.37 lakh equity shares. The company plans to use IPO proceeds for long-term working capital requirements and general corporate purposes. The IPO listing is expected to boost visibility and create a public market for its equity shares in India. Shares are set to be listed on both BSE and NSE on August 25.",
  "summary": "New Delhi, Aug 20: The initial public offering of film and television producer-director Vipul Shah-promoted Sunshine Pictures Ltd received 105.81 times subscription on the last day of bidding on Thursday, helped by a strong investor response. The Rs 282-crore IPO received bids for 58,04,90,382 shares against 54,86,051 shares on offer, as per details available with the NSE. The category for…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Free Press Journal",
        "title": "Gaja Capital ₹550-Crore IPO Subscribed 2.43 Times On Day 2; Retail Portion Booked 3.13 Times",
        "url": "https://urgent.news/2026/08/20/gaja-capital-550-crore-ipo-subscribed-2-43-times-on-day-2-retail",
        "published": "2026-08-20T14:25:28.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}