Juniper Green Energy Limited logo

IPO details · Updated

Juniper Green Energy Limited

ClosedMainboardNSE: JNPRBSE: 544853
Check Allotment
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

Full 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

  1. Offer opens

    30 Jul 2026

  2. Offer closes

    3 Aug 2026

  3. Allotment

    4 Aug 2026

  4. 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

CategoryOfferedBidsSubscribed
QIB1,59,82,22241,90,36,376
26.22x
NII1,19,86,6672,29,69,386
1.92x
Retail2,79,68,8892,72,23,812
0.97x
Employee98,0393,71,184
3.79x
Total5,60,35,81746,96,00,758
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

ApplicationLotsSharesAmount
Retail166₹14,850
Small HNI (S-HNI)14924₹2,07,900
Big HNI (B-HNI)684,488₹10,09,800

Financial Performance

Restated figures in ₹ crore, unless stated otherwise

Financial performance by period
PeriodMar-26Mar-25Mar-24
Assets19,538.4510,356.814,986.44
Total Income804.93569.78424.45
Profit After Tax40.4636.4840.06
EBITDA692.18485.69370.84
Net Worth122.89116.29108.21
Reserves & Surplus2,934.892,870.911,555.14
Total Borrowing12,920.545,502.532,671.7

Key Performance Indicators

Key performance indicators
PeriodMar-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

CompanyP/EROE
Acme Solar Holdings Ltd47.219.86%
Ntpc Green Energy Ltd148.342.76%
Adani Green Energy Ltd156.888.27%
Renew Global Energy PLC Ltd22.258.25%

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

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.