
Juniper Green Energy
UPCOMINGIPO 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 IPO | Amount |
|---|---|
| Overall | 1800 Cr |
| Fresh Issue | 1800 Cr |
| Offer for Sale | 0 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 4 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.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 29 Jul 2026 | ₹225 | ₹17 | ₹242 (7.56%) |
| 28 Jul 2026 | ₹225 | ₹17 | ₹242 (7.56%) |
| 27 Jul 2026 | ₹225 | ₹0 | ₹225 (0%) |
| 26 Jul 2026 | ₹225 | ₹0 | ₹225 (0%) |
| 25 Jul 2026 | ₹225 | ₹0 | ₹225 (0%) |
| 24 Jul 2026 | ₹225 | ₹0 | ₹225 (0%) |
Performance Juniper Green Energy
| Issue Price | Listing Gain | Current Market Price | P/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 in | 2011 |
| Managing director | Mr. 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
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | N/A |
| Non-Institutional Investors (NIIs) | N/A |
| Retail Individual Investors (RIIs) | N/A |
| Employee | N/A |
| Total | N/A |