Sunshine Pictures’ initial public offering (IPO) is showing a higher GMP-implied potential listing gain than Shankesh Jewellers, according to market estimates reported by NDTV. Sunshine Pictures is quoted with a GMP-implied listing gain around the low-20% range, while Shankesh Jewellers’ potential listing gain is reported in the low single digits to mid-single digits range.
Both updates refer to the grey market premium (GMP) as an indicator of expected first-day listing performance, but they differ slightly in the figure quoted for Shankesh Jewellers. NDTV reports a potential gain of about 2.15% in one instance and about 4.3% in another, while the Sunshine Pictures GMP-implied gain remains around 20%+. The difference suggests either changes in the quoted GMP level over time or variation in how the estimate is presented.
Overall, the coverage agrees on the relative takeaway: Sunshine Pictures is expected, based on GMP estimates, to offer stronger listing gains than Shankesh Jewellers, with exact percentage estimates varying between updates.
