Juniper Green Energy Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹214 – ₹225
- Lot size
- 66 shares
- Issue amount
- ₹1,800 cr
- Total subscription
- 8.38×
- Opens
- 30 Jul 2026
- Closes
- 3 Aug 2026
- Allotment
- 4 Aug 2026
- Listing
- 6 Aug 2026
Offer at a glance
Issue overview
- Issue size
- 8,00,09,150 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹14,124
- Fresh issue
- ₹1,800 cr
- Offer for sale
- ₹0 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,850
- Issue type
- Bookbuilding IPO
- Shares before issue
- 48,89,89,292
- Shares after issue
- 56,89,89,292
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 66 | ₹14,850 |
| sHNI | 14 | 924 | ₹2,07,900 |
| bHNI | 68 | 4,488 | ₹10,09,800 |
Share reservation
Subscription & GMP
Subscription by category
Reported 3 Aug 2026
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| RETAIL | 4,23,771 | 2,05,444 |
| EMPLOYEES | 0 | 2,774 |
| HNIs(10L +) | 8,648 | 3,078 |
| HNIs (2-10L) | 4,324 | 6,117 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 359.6 | 9,428.32 |
| FIIs | 0 | 3,511.47 |
| FIs | 0 | 947.65 |
| Mutual Funds | 0 | 3,518.08 |
| Others | 0 | 1,451.12 |
| RETAIL | 629.3 | 612.54 |
| HNIs 2+ | 89.9 | 143.85 |
| HNIs 10+ | 179.8 | 372.97 |
| EMPLOYEES | 2.21 | 8.35 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| EPS | 0.83 | 0.99 | 1.9 |
| ROE | 0 | 0 | 0 |
| ROCE | 0 | 0 | 0 |
| RONW | 1.18 | 1.09 | 2.31 |
| PRE IPO(PE) | 271.08 | 0 | 0 |
| POST IPO(PE) | 0 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| Juniper Green Energy Limited | 271.08 | 0 | 10.00 | 70.02 | 1.18 | 0.83 |
| ACME Solar Holdings Limited | 47.21 | 0 | 2.00 | 91.03 | 9.86 | 8.16 |
| NTPC Green Energy Limited | 148.34 | 0 | 10.00 | 26.91 | 2.76 | 0.62 |
| Adani Green Energy Limited | 156.88 | 0 | 10.00 | 127.85 | 8.27 | 9.65 |
| Renew Global Energy PLC Limited | 22.25 | 0 | 0.0001^ | 343.49 | 8.25 | 27.24 |
Company information
Company profile
Juniper Green Energy is an Indian renewable energy company that develops, builds, and operates solar, wind, and hybrid power projects. It focuses on clean energy generation and supports India’s shift toward non-fossil fuel-based power. The company manages the complete project lifecycle, including bidding, site selection, land acquisition, permits, engineering, procurement, financing, construction, and ongoing operation and maintenance. It has long-term power purchase agreements with major government entities like SECI, SJVN, NHPC, and NTPC, as well as private companies such as Tata Power. As of May 31, 2025, the company manages a total renewable energy capacity of 7,898.45 MW and has projects spread across states like Gujarat, Rajasthan, Maharashtra, and Madhya Pradesh.
Strengths
- Renewable Energy Focus: Company solar ane wind energy projects develop ane operate kare che, je clean energy growth sathe directly linked che.
- Long-Term Power Purchase Agreements: Power supply contracts sathe stable long-term revenue visibility male che, je business stability ne support kare che.
- Strong Sector Tailwinds: Government no renewable energy expansion focus ane green transition thi future growth opportunity strong che.
Risk factors
- High Capital Requirement: Renewable energy projects develop karva ma heavy upfront investment joiye che, je financial pressure vadhaare che.
- Policy Dependency Risk: Tariff, subsidies ane government policies ma changes thai to project returns par impact avi shake che.
- Execution & Project Risk: Large-scale projects ma delays, technical issues ke cost overruns no risk hamesha rahe che.
Promoters
Arvind Tiku
Hemant Tikoo
Niharika Tiku
At Holdings Pte. Ltd
Juniper Renewable Holdings Pte. Ltd
Registrar & documents
Lead manager
Hsbc Securities & Capital Markets Private Limited, ICICI Securities Limited, Jm Financial Limited, Kotak Mahindra Capital Company
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
1103A & 1103B, 11th Floor, Hemkunt Chamber, 89, Nehru Place New Delhi Delhi, New Delhi, 110019
+91 124 473 9600
[email protected]Company website ↗Understanding JNPR IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.