Sunshine Pictures Ltd. makes a strong debut on the bourses with scrip got listed at Rs 394.00 on the Bombay Stock Exchange, a 9.44 per cent premium to its issue price of Rs 360.00. On the National Stock Exchange, the stock was listed at Rs 395.90.

The company, which raised 0.78 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 78.37 lakhs shares.

The company, listed under B Group Securities post its IPO, opened for subscription from Aug 18 to Aug 20.

Following a strong opening, the scrip touched an intraday high of Rs [BSEHighPrice] and a low of Rs [NSEHighPrice], before closing the session [UpDown] by [ChangePer] per cent to its listing price at Rs [ClosingPriceBSE] on the BSE.

The company anticipates using the proceeds of the issue for .

GYR Capital Advisors Pvt. Ltd. as lead managers & Bigshare Services Pvt. Ltd. is the registrar, to the issue.

Meanwhile, the broader benchmark BSE Sensex closed trade at 77,369.11, down 171.72 points, or 0.22 per cent.