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Juniper Green Energy Shares List At 9% Premium, IPO Investors Make Rs 1,320 Per Lot

Juniper Green Energy shares debuted at up to a 9 per cent premium over the IPO price, giving retail investors a listing gain of Rs 1,320 per lot

The company plans to use the IPO proceeds primarily to repay borrowings. Photo: Juniper Green Energy

Juniper Green Energy made its stock market debut broadly in line with grey market expectations on August 6, listing at a premium over its issue price. The renewable energy company's shares opened at Rs 245 on the National Stock Exchange (NSE), an 8.89 per cent premium to the issue price of Rs 225, while on the Bombay Stock Exchange (BSE), the stock listed at Rs 242, up 7.56 per cent.

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The stock listed under the 'JNPR' symbol on the NSE and BSE scrip code 544853 on the BSE.

The company's market capitalisation rose from its pre-IPO valuation of Rs 11,002.26 crore to Rs 13,940.46 crore at the NSE listing price, adding nearly Rs 2,938 crore in value on its market debut.

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