Sunshine Pictures IPO Day 1: Issue booked 45% so far. GMP hints 21% listing pop. Should you apply or skip?

Sunshine Pictures IPO, led by Vipul Shah, opened on August 18 with a price band of ₹342-360 per share. It raised ₹84.64 crore from nine anchor investors. The issue closes on August 20, with estimated listing price anticipated at ₹435 per share.
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