IPO details · Updated
Juniper Green Energy Limited
- Price Band
- ₹214 – ₹225
- Lot Size
- 66 shares
- Min. Investment
- ₹14,850
- Issue Size
- ₹1,800 Cr
- Offer Dates
- 30 Jul – 3 Aug 2026
- Listing
- 6 Aug 2026
Issue Details
- Total Issue Size
- ₹1,800 Cr
- 8,00,09,150 shares
- Fresh Issue
- ₹1,800 Cr
- 8,00,09,150 shares
- Offer for Sale
- ₹0 Cr
- Face Value
- ₹10 per share
- Issue Type
- Book-built IPO
- Listing At
- BSE, NSE
- Shares Pre-Issue
- 48,89,89,292
- Shares Post-Issue
- 56,89,98,442
IPO Timeline
Offer opens
30 Jul 2026
Offer closes
3 Aug 2026
Allotment
4 Aug 2026
Listing
6 Aug 2026
Issue Allocation
Share of the offer reserved for each investor category
- Anchor30.0%2,39,73,333 shares
- QIB20.0%1,59,82,222 shares
- HNI15.0%1,19,86,667 shares
- Retail35.0%2,79,68,889 shares
- Employee0.1%98,039 shares
Subscription Status
Times subscribed by investor category
| Category | Offered | Bids | Subscribed |
|---|---|---|---|
| QIB | 1,59,82,222 | 41,90,36,376 | 26.22x |
| NII | 1,19,86,667 | 2,29,69,386 | 1.92x |
| Retail | 2,79,68,889 | 2,72,23,812 | 0.97x |
| Employee | 98,039 | 3,71,184 | 3.79x |
| Total | 5,60,35,817 | 46,96,00,758 | 8.38x |
Lot Size & Investment
1 lot = 66 shares
Retail (min)
1 lot · 66 shares
Retail (max)
13 lots · 858 shares
S-HNI (min)
14 lots · 924 shares
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 1 | 66 | ₹14,850 |
| Small HNI (S-HNI) | 14 | 924 | ₹2,07,900 |
| Big HNI (B-HNI) | 68 | 4,488 | ₹10,09,800 |
Financial Performance
Restated figures in ₹ crore, unless stated otherwise
| Period | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| Assets | 19,538.45 | 10,356.81 | 4,986.44 |
| Total Income | 804.93 | 569.78 | 424.45 |
| Profit After Tax | 40.46 | 36.48 | 40.06 |
| EBITDA | 692.18 | 485.69 | 370.84 |
| Net Worth | 122.89 | 116.29 | 108.21 |
| Reserves & Surplus | 2,934.89 | 2,870.91 | 1,555.14 |
| Total Borrowing | 12,920.54 | 5,502.53 | 2,671.7 |
Key Performance Indicators
| Period | Mar-26 |
|---|---|
| RoNW (%) | 1.18 |
| EPS (₹) | 0.83 |
| P/E (pre-issue) | 271.08 |
| P/E (post-issue) | 316.9 |
Peer Comparison
Listed companies in the same business
| Company | P/E | ROE |
|---|---|---|
| Acme Solar Holdings Ltd | 47.21 | 9.86% |
| Ntpc Green Energy Ltd | 148.34 | 2.76% |
| Adani Green Energy Ltd | 156.88 | 8.27% |
| Renew Global Energy PLC Ltd | 22.25 | 8.25% |
About Juniper Green Energy Limited
Incorporated in 2011, Juniper Green Energy Limited is one of India's leading renewable energy independent power producers (IPPs), engaged in developing, building, operating, and maintaining utility-scale renewable energy projects. The company develops solar, wind, Wind-Solar Hybrid (WSH), and Firm & Dispatchable Renewable Energy (FDRE) projects with Battery Energy Storage Systems (BESS), generating revenue through long-term power purchase agreements with central and state government-backed entities. As of June 30, 2026, the company had a total renewable energy portfolio of 7,910.20 MW (10,247.06 MWp), comprising operational, under-construction, contracted, and awarded projects, making it one of the top 10 renewable IPPs in India by total capacity. With integrated in-house engineering, procurement & construction (EPC) and operations & maintenance (O&M) capabilities, Juniper Green Energy has established a strong track record of timely project execution, robust land acquisition, grid connectivity, and technology-driven renewable energy solutions. Led by an experienced management team, the company focuses on expanding its renewable energy portfolio while maintaining operational excellence, supply chain resilience, and sustainable growth. As of June 30, 2026, Juniper Green Energy employed 733 permanent professionals across project development, engineering, operations & maintenance, finance, procurement, legal, quality, health & safety, business development, technology, and corporate functions. Competitive Strengths: One of India's top 10 renewable energy independent power producers by total capacity. Diversified portfolio across solar, wind, hybrid, and FDRE projects with BESS. End-to-end in-house EPC and O&M capabilities with a proven execution track record. Long-term power purchase agreements providing stable and predictable cash flows. Strong project development capabilities supported by robust land acquisition, connectivity, and supply chain management.
Objects of the Issue
- Repayment/pre-payment, in full or part of certain borrowings availed by Company (₹683.24 Cr)
- Investment 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 borrowings (₹728.69 Cr)
- General Corporate Purposes (₹295.52 Cr)
- Public Issue Expenses (₹92.56 Cr)
Promoters
- <p>Arvind Tiku
- Hemant Tikoo
- Niharika Tiku
- At Holdings Pte.Ltd.
- Juniper Renewable Holdings Pte.Ltd.</p>
Company Information
- Book running lead managers
- ICICI Securities Ltd.
- HSBC Securities & Capital Markets (India) Pvt.Ltd.
- JM Financial Ltd.
- Kotak Mahindra Capital Co.Ltd.
- Registered office
- 1103A & 1103B, 11th Floor,, Hemkunt Chamber, 89,, Nehru Place New Delhi, Delhi, New Delhi, 110019
Official Documents
Opens the source filing in a new tab
Similar IPOs
Disclaimer: Data on OpenIPO is for information only and is not investment advice. OpenIPO is not a SEBI-registered entity. GMP figures are unofficial estimates and may change. Verify all details against the company RHP and the official registrar before investing.