The Economic Times

Sunshine Pictures IPO Day 3: GMP points to 21 per cent listing gain, Issue subscribed 18.47x: Should you subscribe?

The Rs 282 crore Sunshine Pictures IPO entered its third bidding day with an 18.47x overall subscription and a 21 per cent grey market premium. Brokerage Master Capital Services recommends subscribing for the long term, citing the company's strong project pipeline and growing media industry demand.