Juniper Green Energy IPO: Company Sets Price Band At Rs 214 to 225 For Public Issue; Check Details

Renewable energy firm Juniper Green Energy has announced the price band for its public issue. The company’s initial public offering (IPO) is scheduled to open for subscription on July 30.

Ahead of the opening of the bidding window, shares of the unlisted firm are witnessing decent demand in the grey market. Here is a look at some key details related to the Juniper Green Energy IPO.

Juniper Green Energy IPO: Offer Size and Price Band

Juniper Green Energy aims to raise Rs 1,800 crore through its public issue through a fresh issue of 80 million shares. The price band for the issue has been fixed between Rs 214 and Rs 225 per equity share.

Juniper Green Energy IPO: GMP

Ahead of the opening of the bidding window, shares of the company are trading with a premium in the unlisted market. According to tracking portals, the company's shares are currently quoting a grey market premium of Rs 22 over the upper end of the price band, indicating an estimated listing price of Rs 247 per share with a premium of 9.78 per cent.

Juniper Green Energy IPO: Lot Size and Minimum Investment

Retail investors who wish to apply for the Juniper Green Energy IPO can do so by bidding for a minimum lot of 66 shares, which translates to a minimum investment of Rs 14,850 at the upper end of the price band.

The minimum lot size requirement for small non-institutional investors stands at 14 lots or 924 shares, amounting to an investment of Rs 2,07,900. For big non-institutional investors, the threshold is 68 lots or 4,488 shares, requiring a minimum investment of Rs 10,09,800 .

Juniper Green Energy IPO: Reservation

Juniper Green Energy has reserved not more than 50 per cent of the net issue for qualified institutional buyers, not less than 15 per cent for non-institutional investors, and not less than 35 per cent of the net offer for retail investors.

Juniper Green Energy IPO: Subscription Window, Listing Date, Allotment Date

The subscription window for the Juniper Green Energy IPO will open on July 30 and close on August 3. The share allotment status for the public issue is expected to be finalised on August 4. Following the allotment, unsuccessful bidders will receive their refunds or have their blocked funds released on August 5, while successful allottees will get shares credited to their demat accounts on the same day. Shares of Juniper Green Energy are scheduled to list on BSE and NSE on August 6, tentatively.

Juniper Green Energy: Financial Performance

In the fiscal year ending March 31, 2026, the total income of the firm grew to Rs 804.93 crore, increasing by 41 per cent compared to Rs 569.78 crore in FY25. The renewable energy company’s profit after tax grew by 11 per cent year-on-year to Rs 40.46 crore in FY26 from Rs 36.48 crore in FY25. The net worth of the firm increased to Rs 122.89 crore as of March 31, 2026, up from Rs 116.29 crore at the end of FY25.

Juniper Green Energy IPO: Book Running Lead Managers and Registrar

Juniper Green Energy’s book-running lead managers for the issue include ICICI Securities, HSBC Securities and Capital Markets (India), JM Financial, and Kotak Mahindra Capital Company. The registrar for the issue is KFin Technologies.

Juniper Green Energy: Promoter Shareholding

The company's promoters include Arvind Tiku, Hemant Tikoo, Niharika Tiku, At Holdings Pte., and Juniper Renewable Holdings Pte. Pre-issue promoter shareholding stands at 100 per cent.

Juniper Green Energy IPO: Objective

The net proceeds from the fresh issue will be used to repay or prepay outstanding borrowings of the company amounting to Rs 683.24 crore. Nearly Rs 728.69 crore will be invested in subsidiaries of the company, such as Juniper Green Gamma One, Juniper Green Three, Juniper Green Field, Juniper Green Beam, Juniper Green Kite, and Juniper Green Ray Two. The remaining portion will be allocated for general corporate purposes.

About Juniper Green Energy

Juniper Green Energy is a renewable energy-based independent power producer in India. The company offers end-to-end capabilities across solar, wind, hybrid, and storage technology assets. The company generates revenue by selling power through long-term agreements with central and state government entities.