Juniper Green Energy Ltd. IPO Details

Juniper Green Energy Ltd. IPO Details

MainboardClosed
Min. Investment
₹14,850
/ 66 Shares
Check Allotment Status
Issue Price
₹214 to ₹225
Subscription
-
Issue Size
₹1800.00 Cr
Lot Size
66 Shares
Open
2026-07-30
Close
2026-08-03
Allotment
2026-08-04
Listing
2026-08-06

1. Juniper Green Energy Ltd. IPO Details (Mainboard) IPO Details

Juniper Green Energy Ltd IPO is a book-built mainboard issue of ₹1,800.00 crores. The issue consists entirely of a fresh issue of 8.00 crore equity shares, with no offer-for-sale (OFS) component.

The bidding for the IPO starts this Thursday, Jul 30, 2026, and ends on Aug 03, 2026. The allotment is expected to be finalized on Aug 04, 2026. The company will list on both the BSE and NSE mainboard platforms, with a tentative listing date fixed as Aug 06, 2026.

The price band is set at ₹214–₹225 per share. The lot size for an application is 66 shares, which means the minimum amount of investment required by a retail investor is ₹14,850. An employee discount of ₹21 per share is offered.

Grey Market Premium

Estimated listing gains (Live)

+₹12.5Per Share
EST. GAINS
Updated real-time from market sources

Financial Summary

Period Ended31 Dec 202431 Mar 202431 Mar 202331 Mar 2022
Assets9,090.934,986.443,212.013,070.84
Total Income386.40424.45362.49189.17
Profit After Tax7.8240.06-12.0627.23
EBITDA329.17370.84298.29164.99
NET Worth112.85108.2197.6586.70
Reserves and Surplus2,835.541,555.14769.10781.30
Total Borrowing5,254.882,671.702,133.381,700.59

Juniper Green Energy IPO Details

IPO Date[.]
Listing Date[.]
Face Value₹ 10 per share
Price BandTo be declared
Lot SizeTo be declared
Sale TypeFresh capital only
Issue TypeBookbuilding IPO
Listing AtBSE, NSE
Total Issue Size[.] shares (agg. up to ₹ 1,800 Cr)
Fresh Issue[.] shares (agg. up to ₹ 1,800 Cr)
Share Holding Pre Issue48,89,89,292 shares

IPO DRHP Status

DescriptionDate
Filed with SEBI/ExchangeFri, Jun 27, 2025
SEBI/Exchange approval receivedThu, Aug 28, 2025

Issue Reservation

Investor CategoryShares Offered
QIB Shares OfferedNot more than 50% of the Net Issue
Retail Shares OfferedNot less than 35% of the Net Issue
NII Shares OfferedNot less than 15% of the Net Issue

Recently Listed IPOs in Power Generation

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Clean Max Enviro Energy Solutions Ltd.Mainboard₹3,079.88 Cr₹1053634.34₹867.50-17.62%₹1,288.80 ( +1.32% )

IPO Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Repayment/pre-payment, in full or part of certain borrowings availed by Company683.24
2Investment in Material Subsidiaries namely Juniper Green Gamma One Pvt.Ltd., Juniper Green Three Pvt.Ltd., Juniper Green Field Pvt.Ltd., Juniper Green Beam Pvt.Ltd., and Subsidiaries namely Juniper Green Kite Pvt.Ltd. and Juniper Green Ray Two Pvt.Ltd. for repayment/ pre-payment, in full or in part, of all or a portion of certain of their outstanding borrowings728.69
3General Corporate Purposes-
Total1,411.92

Key Performance Indicator (KPI)

KPIMar 31, 2024
Debt/Equity1.00
RoNW2.31%
EBITDA Margin87.37%

Pre/Post IPO Valuation

ParameterPre IPOPost IPO
Promoter Holding100%-

2. About Juniper Green Energy Ltd. IPO Details (Mainboard)

Incorporated in 2011 and headquartered in Gurugram, Juniper Green Energy Limited is an independent power producer (IPP) operating in the renewable energy sector. The company develops, constructs, operates, and maintains utility-scale solar, wind, and wind-solar hybrid (WSH) power projects across India.

Business Verticals & Position

  • Independent Power Producer (IPP): Ranks among the top 10 renewable IPPs in India by total capacity, managing operational, contracted, and under-construction projects.

  • Clean Energy Mix: Operates a diversified portfolio comprising solar, wind, and Firm & Dispatchable Renewable Energy (FDRE) hybrid projects paired with battery storage setups.

Track Record

  • Financial Scale: Operational income experienced rapid compounding growth, rising from ₹391.60 Cr in FY24 to ₹508.70 Cr in FY25, and jumping to ₹718.90 Cr for the fiscal year ended March 31, 2026.

  • Profitability: Reported a net profit (PAT) of ₹40.50 Cr for FY26 compared to ₹36.50 Cr in FY25 and ₹40.10 Cr in FY24.

  • Operating Margins: Operates with high operational productivity, maintaining a robust consolidated EBITDA margin of 86.00% in FY26.

Juniper Green Energy Ltd IPO GMP

As of July 28, 2026, the Grey Market Premium (GMP) is trading around ₹22 (~9.8%).

Note: Reflecting a positive early tracking sentiment ahead of its subscription launch this week, market indicators estimate a tentative listing price around ₹247 against the upper issue price band of ₹225.

Juniper Green Energy Ltd IPO Allotment Status

The allotment is scheduled to be finalized on August 04, 2026.

Check Juniper Green Energy Allotment Status

To check your status online once the issue closes, visit the assigned registrar tracking portal or monitor updates on the stock exchange mainboard portals: KFin Technologies IPO Status Portal

You can verify your status via:

  • Registrar's website (KFin Technologies Limited)

  • BSE and NSE official mainboard tracking portals

  • Using your PAN number, Application ID, or DP ID/Client ID

Strengths

  • Long-Term Revenue Visibility: Over 97% of its total capacity is backed by 25-year Power Purchase Agreements (PPAs) signed with high-credit off-takers like SECI, NTPC, NHPC, and GUVNL.

  • In-House Project Execution: Strong internal EPC and O&M capabilities allow for rapid project commissioning and effective cost control.

  • Strategic Grid Connectivity & Land Bank: Holds surplus grid connectivity and strategic land parcels secured well ahead of commissioning deadlines.

Weaknesses

  • High Customer Concentration: Revenue relies heavily on a limited group of state and central utility buyers.

  • Leverage & Interest Burden: High capital debt levels create significant ongoing interest expenses, constraining net profit margins.

  • Weather & Resource Dependency: Generation capacity is inherently sensitive to solar irradiance levels and wind seasonal patterns.

How the Company Will Use IPO Money

The fresh issue proceeds (₹1,800.00 Cr) will be utilized for:

  • Debt Repayment: Prepayment or repayment, in full or in part, of specific outstanding industrial borrowings availed by the company and its subsidiaries.

  • General Corporate Purposes: Meeting regular general corporate operational requirements and public offering costs.

Lead Manager & Registrar

  • Book Running Lead Managers: Kotak Mahindra Capital, ICICI Securities, JM Financial, and HSBC Securities & Capital Markets (India)

  • Registrar: KFin Technologies Limited

    Phone: 040-67162222

    Email: ipostatus@kfintech.com

Frequently Asked Questions (Juniper Green Energy Ltd. IPO Details)

D
Founder | India IPO Updates

DIPAK DANGODARA

I am the founder of India IPO Updates, a platform dedicated to tracking the Indian IPO market since 2024. With a background in digital research and data analysis, I built this platform to simplify IPO tracking covering issue details, live Grey Market Premium (GMP), subscription status, and allotment updates sourced from public exchange data and verified market sources.

I am not an SEBI-registered investment advisor. All GMP and market data shared here is for informational purposes only and should not be considered investment advice. Investors are advised to consult a registered financial advisor before making investment decisions.