Summary of this article
The Juniper Green Energy IPO was oversubscribed six times.
Institutional buyers led the strong demand for these shares.
Company shares are tentatively scheduled to list this August.
The subscription window of Juniper Green Energy’s initial public offering (IPO) is set to close on August 3, 2026. The IPO saw active investor participation on the final day of subscription, even as demand for the energy producer’s shares remained modest. Here are some of the key details related to the public issue.
Juniper Green Energy IPO Subscription Details
On the final day of bidding, the Juniper Green Energy IPO was oversubscribed 6.36 times, according to the latest data available from the NSE and the BSE. Cumulatively, the issue received bids for approximately 374.50 million shares compared to the net offer size of 58.91 million shares set aside for subscription. Notably, the net offer size is calculated by deducting the nearly 21.10 million shares allotted to anchor investors.
Qualified institutional buyers (QIBs) led the demand, subscribing their quota 20.49 times as they bid for 344.32 million shares compared to the 16.80 million shares set aside for the category.
Non-institutional investors (NIIs) booked their portion 1.36 times as they applied for 17.14 million shares compared to the 12.60 million shares offered for subscription. Retail individual investors subscribed to their reserved quota 43 per cent as they applied for 12.70 million shares against the 29.40 million shares set aside for the category. Employees of the company booked their quota 3.30 times, applying for 341,748 shares compared to the 103,626 shares set aside for them.
Juniper Green Energy IPO GMP
The grey market premium (GMP) for the shares remained around Rs 1.70, according to websites which track demand for shares of unlisted companies. Based on the current GMP trends, the renewable energy company’s shares are expected to list at Rs 226.70, making a debut with a premium of 0.76 per cent above the upper end of the price band. However, investors must note that GMP trends are an unofficial predictor of listing price and the actual listing price of the stock depends on several factors other than the GMP.
Juniper Green Energy IPO Issue Size
Juniper Green Energy seeks to raise Rs 1,800 crore from its public issue, which consists entirely of a fresh issue of 80 million shares, with no offer for sale (OFS) component.
Juniper Green Energy IPO Price Band
The price has been set between Rs 214 and Rs 225 per share. The minimum lot size for retail individual investors is 66 shares, which amounts to a minimum investment of Rs 14,850.
Juniper Green Energy IPO: Subscription Dates and Listing Date
The subscription window opened on July 30, and is scheduled to close on August 3. The basis of allotment is expected to be finalised on August 4. The company will issue refunds to unsuccessful bidders and credit shares to the demat accounts of the allottees on August 5. The shares are tentatively scheduled to list on both the NSE and the BSE on August 6.
Juniper Green Energy: Key Financials
Juniper Green Energy posted a total income of Rs 804.93 crore for the financial year ended March 31, 2026, indicating an increase of 41 per cent compared to Rs 569.78 crore in the preceding fiscal. In the 12-month period, the company’s net profit-after-tax (PAT) stood at Rs 40.46 crore, up by 11 per cent compared to Rs 36.48 crore in the preceding fiscal. The net worth of the renewable energy company grew to Rs 122.89 crore, up by 5.6 per cent compared to Rs 116.29 crore in the preceding fiscal.
Juniper Green Energy IPO: Registrar
KFin Technologies is the registrar to the issue while ICICI Securities, HSBC Securities, JM Financial, and Kotak Mahindra Capital are the book-running lead managers.
About Juniper Green Energy
Juniper Green Energy is a renewable energy independent power producer (IPP). The company is 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, generating revenue through long-term power purchase agreements with central and state government-backed entities.
