New Delhi, Aug. 25 -- Sunshine Pictures share price made a positive debut on the Indian bourses on Tuesday, 25 August, despite weak stock market sentiment. Sunshine Pictures shares were listed at Rs.394 on the BSE, a 9.44% premium over the issue price of Rs.360, while the stock was listed at Rs.395.90 on the NSE, a 10% premium over the issue price.

The stock's listing, however, failed to meet expectations, as the grey market trends indicated the stock could list at a premium of 14%.

On Tuesday morning, Sunshine Pictures IPO GMP was Rs.50. Considering the upper price band of the issue and the last premium in the grey market, the estimated listing price of Sunshine Pictures shares was Rs.410, a 13.89% premium over the issue price.

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