JUNIPER GREEN ENERGY LIMITED
₹ 214 - ₹ 225
30-Jul-2026 - 03-Aug-2026
₹ 14850.00

/ 66 Shares

JUNIPER GREEN ENERGY LIMITED

30-Jul-2026 - 03-Aug-2026

₹ 214 - ₹ 225

Price Band

₹ 14850.00

Minimum Investment

66

Bid Lot

80,009,150

Shares

  • Face Value - ₹ 10/- Per Share

  • Listing at NSE BSE

  • 423,771 Application Required in Retail for 1 Time.

  • Registrar : KFin Technologies Limited

IPO Details

Fresh Issue of Equity Shares aggregating upto Rs.1,800 Cr

Category % Shares/Amount
QIB 50% 39,955,555 Shares RS.899.00 CR
HNI 1 5% 3,995,556 Shares RS.89.90 CR @ 4324 FORM 1X
HNI 2 10% 7,991,111 Shares RS.179.80 CR @ 8648 FORM 1X
Retail 35% 27,968,889 Shares RS.629.30 CR @ 423771 FORM 1X
Employee 0% 98,039 Shares RS.2.00 CR

BRLMs: ICICI Securities, HSBC Securities, JM Financial, Kotak Mahindra Capital

Application Require for 1 Time

Retail (Upto 2 Lakh) HNI (2 Lakh to 10 Lakh) HNI (Above 10 Lakh)
423771 FORM 1X 4324 FORM 1X 8648 FORM 1X

IPO Lot Size

Category Lots Shares Amount
Retail (Upto 2 Lakh) 1 66 ₹ 14,850
Retail (Upto 2 Lakh) 13 858 ₹ 193,050
S-HNI (2 Lakh to 10 Lakh) 14 924 ₹ 207,900
S-HNI (2 Lakh to 10 Lakh) 67 4422 ₹ 994,950
B-HNI (Above 10 Lakh) 68 4488 ₹ 1,009,800

IPO Timeline

  • Open Date

    30-Jul-2026

  • Close Date

    03-Aug-2026

  • Basis of Allotment Date

    04-Aug-2026

  • Initiation of Refunds

    05-Aug-2026

  • Credit Shares to Demat A/c

    05-Aug-2026

  • IPO Listing Date

    06-Aug-2026

About Company

  • Juniper Green Energy Ltd is among the top 10 renewable IPPs in India by total capacity as of March 31, 2026, including operational, under-construction contracted, and awarded projects.
  • The company develop, build, operate, and maintain utility-scale renewable energy projects through the in-house EPC and O&M teams, generating revenue from electricity sales to central and state government-backed entities.
  • They commissioned their first solar project of 100 MW (144.97 MWp) in March 2020 and have since expanded to a portfolio of 7,910.20 MW (10,247.06 MWp) as of June 30, 2026.
  • They hold a share of 9.09%, ranking as the second largest bidder in terms of total capacity won in WSH and FDRE tenders concluded between April 1, 2021 to March 31, 2026 and had a 96.80% conversion rate for WSH and FDRE tenders won between April 1, 2021 to March 31, 2026.
  • They have entered into an agreement with First Solar for the procurement and supply of 1 GW of its advanced Series 7 FT1 cadmium telluride thin film PV modules.
  • Their portfolio spans solar, wind, wind-solar hybrid (WSH), and firm and dispatchable renewable energy (FDRE) projects integrated with battery energy storage systems (BESS).
  • About 97.68% of their capacity is backed by long-term PPAs, typically for 25 years, with counterparties rated “A” or above, ensuring stable and predictable cash flows. The balance comprises merchant projects.
  • Their off-takers include central government entities such as SECI, SJVN, NHPC, and NTPC, state government entities like GUVNL and MSEDCL, and private entities such as Tata Power. They operate as a single segment – generation and sale of electricity from renewable sources.
  • Revenue from operations for Fiscal 2026 was ?718.93 crore, with the five largest subsidiaries contributing significantly: Juniper Green Three (17.70%), Juniper Green Field (13.92%), Juniper Green Sigma (10.95%), Juniper Green Cosmic (10.27%), and Juniper Green Ray Two (10.30%).
  • Their projects are located in Gujarat, Maharashtra, Rajasthan, and Madhya Pradesh, supported by a land bank of 12,000+ acres for solar installations and 300+ wind turbine generator sites. They have signed a contract with Envison for the supply of 1 GW of their 5 MW WTGs.
  • As of June 30, 2026, their portfolio comprised 20 operational projects with 1,794.80 MW (2,408.91 MWp), 19 contracted projects with 2,875.40 MW (3,656.65 MWp), and 11 awarded projects with 3,240.00 MW (4,181.50 MWp).
Read More

Strengths

  • Amongst the top 10 renewable energy independent power producers in India in terms of the Total Capacity as at March 31, 2026 with a focus on complex renewable energy projects
  • Proven ability to secure land and establish robust connectivity well in advance
  • Long-term power purchase agreements with central and state government off-takers and fixed tariff structures, enabling long-term and stable cash flows
  • Track record of delivering projects ahead of schedule which is backed by the end-to-end in-house capabilities in developing and operating renewable energy projects
  • Established supply chain de-risking strategy, ensuring timely procurement and quality of the critical components
  • Experienced and committed Promoters, credible financial partners and a dynamic team guided by experienced leadership
  • Capitalize on the growing renewable energy sector in India
  • Expand and diversify their portfolio of projects and gain market share
  • Continue to invest in the supply-chain and procure critical components on time and in a cost-effective manner
  • Integrating advanced digital technologies into their renewable energy operations
  • Continue to diversify the funding sources, optimize the cost of capital and identify partners/investors for future growth

Company Promoters

Company Financials

Period Ended 31 Mar 2026 31 Mar 2025 31 Mar 2024
Assets 145.74 74.12 65.58
Total Income 49.79 64.64 50.57
Profit After Tax -12.63 1.40 0.56
EBITDA -9.94 8.92 6.41
NET Worth 62.57 17.91 16.53
Reserves and Surplus 52.34 8.77 9.15
Total Borrowing 49.89 27.50 27.59
Amount in ? Crore

Objects of the Issue

# Issue Objects Est Amt (? Cr.)
1 Funding long-term working capital requirements of the Company 180.00
2 Investment in research design and development activities for new power electronic equipment 21.00
3 General corporate purpose  
  Total 201.00

How to Apply

Apply for IPO in few simple steps.

  • Step 01 :

    Once you create your account, Login to InvestoYard.

  • Step 02 :

    Under IPO Section, you will be able to see a list of Ongoing IPOs, where you can click on apply button.

  • Step 03 :

    Add quantity of shares to apply – Maximum 3 bids are allowed (For retail category – max amount Rs.2,00,000/-).

  • Step 04 :

    Enter your UPI ID and you will receive mandate on your UPI App.

  • Step 05 :

    Once you accept the mandate, Application is submitted successful.

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  • The maximum subscription amount for retail investors is 2 lakh.
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  • Enter the number of shares you wish to buy, as per the lot size.
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  • Maximum three bids will be accepted.
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  • The funds will be blocked in your bank account until allotment when it is debited.
  • The limit for IPO application is Rs 2 lakh per transaction on UPI.
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