IPOs This Week: Sunshine Pictures, Shankesh Jewellers, Horizon Industrial & More To Hit Primary Market Four initial public offerings are set to enter India's primary market this week, with mainboard listings from Sunshine Pictures Ltd, Shankesh Jewellers Ltd, Horizon Industrial Parks Ltd, and Lalithaa Jewellery Mart Ltd scheduled to open. According to National Stock Exchange data, the offerings will begin on August 17 and conclude by August 20, with anchor investor bidding taking place on August 17 and 18. Sunshine Pictures Ltd, a film and television production company promoted by director Vipul Shah, will launch its Rs 282-crore IPO on August 18. The price band for the offering is set at Rs 342-360 per share, with the three-day public issue closing on August 20. Promoters Vipul Amrutlal Shah and Shefali Vipul Shah will sell shares through an offer for sale, with Vipul Shah offloading 20.31 lakh shares and Shefali Shah selling 10.06 lakh shares. Shankesh Jewellers, a Mumbai-based jewellery wholesaler, will open its Rs 367-crore IPO on August 18. The price band for the offering is Rs 88-93 per equity share, valuing the company at Rs 1,367 crore at the higher end. The IPO includes a fresh issue of up to 2.95 crore equity shares and an offer for sale (OFS) of up to 1 crore equity shares, with the subscription period ending on August 20. Horizon Industrial Parks, backed by Blackstone, will launch its Rs 2,600-crore IPO on August 17. The price band is fixed at Rs 57-60 per share, with the issue comprising entirely of a fresh issue of equity shares. At the upper price band, the company's post-issue market capitalisation is estimated at around Rs 17,298 crore, with the subscription period closing on August 19.#blackstone #sunshine_pictures_ltd #vipul_shah #shankesh_jewellers_ltd #horizon_industrial_parks_ltd
