Sunshine Pictures IPO 22% Subscribed, GMP Hints 21% Listing Pop

Sunshine Pictures is a company that makes movies, TV shows and web content.

It decided to sell parts of itself to the public for the first time, which is called an IPO.

An IPO lets everyday people buy small pieces of the company, called shares.

The company started selling its shares on 18 August and will stop on 20 August.

Each share costs between ₹342 and ₹360, and you have to buy at least 41 shares.

On the first day, only 22 out of every 100 available shares were bought.

Some people guess the share price could jump to about ₹435 when trading begins.

But one expert warned that the company's cash situation is weak, even though it reported a profit.

So this IPO is risky and only for people who can handle big ups and downs.