Juniper Green Energy

Juniper Green Energy

UPCOMING

IPO Date: 30 Jul - 3 Aug 2026

Listing Date: 6 Aug 2026

Price Range

Rs.214 - Rs.225

Issue Size

1800 Cr

Min Investment

14,124

Lot Size

66 Shares

Schedule of Juniper Green Energy

Issue open date

30 Jul 2026

Issue close date

3 Aug 2026

UPI mandate deadline

3 Aug 2026 (5 PM)

Allotment finalization

4 Aug 2026

Share credit

5 Aug 2026

Listing date

6 Aug 2026

Mandate end date

18 Aug 2026

Issue size

Funds Raised in the IPOAmount
Overall1800 Cr
Fresh Issue1800 Cr
Offer for Sale0 Cr

Allotment DetailsNew

Allotment TimelineDetails
Allotment Date4 Aug 2026
Allotment Link{Link}

Grey Market PremiumNew

Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.

DateIpo PriceGMPEstimated Listing Price

Performance Juniper Green Energy

Issue PriceListing GainCurrent Market PriceP/L
Rs.214 - Rs.225............

About Juniper Green Energy

Juniper Green Energy Limited is a renewable energy independent power producer (IPP) engaged in the development, construction, operation, and maintenance of utility-scale renewable energy projects. The company generates revenue through the sale of electricity to central and state government-backed entities and other off-takers. It develops renewable energy projects through its in-house engineering, procurement, and construction (EPC) and operations and maintenance (O&M) teams. The company's portfolio comprises solar, wind, wind-solar hybrid (WSH), and firm and dispatchable renewable energy (FDRE) projects with battery energy storage systems (BESS). As of June 30, 2026, it had a total portfolio capacity of 7,910.20 MW (10,247.06 MWp), including operational, under-construction, contracted, and awarded projects. The company manages the entire renewable energy project lifecycle in-house, covering bidding, land acquisition, engineering, procurement, financing, construction, commissioning, and O&M. As of June 30, 2026, its projects were located across Gujarat, Rajasthan, Madhya Pradesh, and Maharashtra. Use of proceeds: This is a fresh issue of shares. Therefore, the net proceeds from the fresh issue will go to the company. They will be utilised for the following purposes: Repayment/pre-payment, in full or part, of certain borrowings availed by the company – Rs 683.23 crore Investment in one of the material subsidiaries, namely Juniper Green Gamma One Private Limited, and the subsidiaries namely Juniper Green Kite Private Limited and Juniper Green Power Five Private Limited for repayment/pre-payment, in full or in part, of all or a portion of certain of their outstanding borrowings – Rs 728.69 crore General corporate purposes

Founded in2011
Managing directorMr. Arvind Tiku
Parent organization

Financial Overview

Strengths

  • The company has an established track record in developing and operating utility-scale solar and wind power projects across key strategic states in India.
  • The business model relies on long-term power purchase agreements, typically spanning 20 to 25 years, ensuring stable and predictable revenue streams.
  • The company possesses a diversified portfolio encompassing solar, wind, wind-solar hybrid, and firm and dispatchable renewable energy projects integrated with energy storage.
  • The company maintains proven operational and in-house execution capabilities spanning site selection, land procurement, grid connectivity, and ongoing plant maintenance.
  • The company has established supply chain de-risking strategies and long-term procurement agreements for critical components like solar modules and wind turbines.

Risks

  • The company derives a significant majority of its revenue from operations from its top two off-takers, GUVNL and MSEDCL.
  • The company is highly dependent on third-party suppliers for critical equipment, with its top 10 suppliers accounting for a vast majority of total purchases.
  • All renewable energy projects are concentrated geographically in four states: Gujarat, Maharashtra, Rajasthan, and Madhya Pradesh.
  • The business is highly capital-intensive with substantial debt obligations, making it vulnerable to variable interest rate fluctuations and restrictive lender covenants.
  • The company faces risks of project delays, tariff reductions, or liquidated damages if it fails to acquire suitable land, secure rights-of-way, or achieve timely grid connectivity.

Subscription Figures

CategorySubscription (No. of times)
Qualified Institutional Buyers (QIBs)N/A
Non-Institutional Investors (NIIs)N/A
Retail Individual Investors (RIIs)N/A
EmployeeN/A
TotalN/A