Juniper Green Energy IPO — Date, Price Band, GMP & Allotment 2026
Everything you need to know about the Juniper Green Energy IPO. Track the latest updates, GMP trends, and subscription status.
IPO Review
IPO GMP
IPO Subscription Subscription
Stock Price
As the IPO is listed, here is the Live Share Price for Juniper Green Energy
IPO Summary
What is the Juniper Green Energy IPO Timetable?
Track the IPO schedule and key events.
| Event | Date | Day |
|---|---|---|
| IPO Open Date | 30 Jul, 2026 | Thursday |
| IPO Close Date | 03 Aug, 2026 | Monday |
| Basis of Allotment | 04 Aug, 2026 | Tuesday |
| Refunds Initiated | 05 Aug, 2026 | Wednesday |
| Credit to Demat | 05 Aug, 2026 | Wednesday |
| Listing Date | 06 Aug, 2026 | Thursday |
What is the Juniper Green Energy IPO Lot Size?
Bidding in multiples of 66 shares.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 66 | ₹14,850 |
| Retail (Max) | 13 | 858 | ₹1,93,050 |
| S-HNI (Min) | 14 | 924 | ₹2,07,900 |
| S-HNI (Max) | 67 | 4422 | ₹9,94,950 |
| B-HNI (Min) | 68 | 4488 | ₹10,09,800 |
About Juniper Green Energy
As on 30 June 2026, the company had a total renewable energy portfolio of 7,910.20 MW (10,247.06 MWp). This includes projects that are running, under construction, contracted and awarded. On the basis of total capacity, it is among the top 10 renewable power producers in India.
The company does its own engineering, procurement and construction (EPC) work and also its own operations and maintenance. It has a good record of finishing projects on time, buying land, getting grid connection and using new technology. As on 30 June 2026, it had 733 permanent employees across project development, engineering, operations and maintenance, finance, procurement, legal, safety, business development and technology.
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Juniper Green Energy Key Performance Indicators (KPIs)
Objects of the Issue
| Issue Object | Estimate Amount |
|---|---|
| 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 |
Strengths & Risks
Strengths
- ✓ It is among the top 10 renewable energy independent power producers in India by total capacity.
- ✓ Its portfolio is spread across solar, wind, hybrid and FDRE projects with battery storage, so it is not dependent on one technology.
- ✓ It does its own EPC and operations and maintenance work in-house, and has finished projects on time.
- ✓ Power is sold under long-term power purchase agreements, which gives steady and predictable cash flow.
- ✓ It is good at project development - buying land early, getting grid connection and managing the supply chain.
Risks
- ⚠ The issue is priced very high. At the upper band of Rs 225, the post-issue P/E works out to about 317 times FY2026 earnings of Rs 0.71 per share.
- ⚠ Profit is very small compared to the size of the company. PAT was only Rs 40.46 crore in FY2026 on total income of Rs 804.93 crore, and RoNW was just 1.18%.
- ⚠ Debt is very high. Total borrowings jumped from Rs 2,671.70 crore in FY2024 to Rs 12,920.54 crore in FY2026. Even after using Rs 1,411.92 crore of the issue money to repay loans, the debt will stay large.
- ⚠ Profit has not grown much. PAT was Rs 40.06 crore in FY2024, Rs 36.48 crore in FY2025 and Rs 40.46 crore in FY2026, even though assets grew almost four times.
- ⚠ A big part of the 7,910.20 MW portfolio is still under construction or only awarded. Building it will need more money and there is a risk of delay.
- ⚠ The company sells power mainly to government backed buyers like SECI, NHPC, NTPC and SJVN. If they delay payments, cash flow will get affected.
- ⚠ Solar and wind output depends on weather. A weak wind season or low sunlight can reduce power generation and income.
- ⚠ Projects need land and grid connection. Any delay in getting land, approvals or transmission connectivity can push back commissioning.
Company Financials
The Juniper Green Energy company's financial performance (in ₹ Cr.) is summarized below:
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 19,538.45 | 10,356.81 | 4,986.44 |
| Total Income | 804.93 | 569.78 | 424.45 |
| Profit After Tax | 40.46 | 36.48 | 40.06 |
| EBITDA | 692.18 | 485.69 | 370.84 |
| NET Worth | 122.89 | 116.29 | 108.21 |
| Reserves and Surplus | 2,934.89 | 2,870.91 | 1,555.14 |
| Total Borrowing | 12,920.54 | 5,502.53 | 2,671.70 |
See how this IPO compares — view listing performance of all mainboard IPOs.
IPO Reservation
| Investor Category | Reservation |
|---|---|
| QIB | Not more than 50% of the Net Offer |
| NII | Not less than 15% of the Net Offer |
| Retail | Not less than 35% of the Net Offer |
Promoters and Shareholding Details
Arvind Tiku, Hemant Tikoo, Niharika Tiku, AT Holdings Pte. Ltd., Juniper Renewable Holdings Pte. Ltd.
Before the issue, the promoter and promoter group hold all 48,89,89,292 shares of the company, that is 100%. This is a fresh issue only, so the promoters are not selling any shares. Their shareholding stays the same at 48,89,89,292 shares, but their holding comes down to 85.94% because 8,00,09,150 new shares are being issued to the public. The post-issue capital will be 56,89,98,442 shares.
| Particular | % Share |
|---|---|
| Promoter Holding Pre Issue | 100% |
| Promoter Holding Post Issue | 85.94% |
Frequently Asked Questions
What is the GMP of Juniper Green Energy?
The current Grey Market Premium (GMP) of Juniper Green Energy is ₹ 22.5.
What is the Juniper Green Energy IPO Price Band?
The price band for Juniper Green Energy IPO is ₹214 to ₹225.
When is the Juniper Green Energy IPO Allotment?
The allotment date for Juniper Green Energy IPO is August 4, 2026.
How to check Juniper Green Energy IPO Allotment Status?
You can check the allotment status on the IPO Allotment Status page or on the registrar's website (KFin Technologies Limited).
Official Documents
Company Contact Details
Juniper Green Energy
1103A & 1103B, 11th Floor, Hemkunt Chamber, 89, Nehru Place, New Delhi 110019, Delhi, India
+91 124 473 9600
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