Juniper Green Energy IPO, approved by SEBI on 28 August 2025, is a book-built/mainboard issue, raising ₹3,000.00 crore, with only fresh shares, which are face valued at ₹10/share.
The shares of Juniper Green Energy IPO are proposed for listing on BSE & NSE. Other information will be updated once they are published.
Juniper Green Energy IPO–Details
The table below lists all the Juniper Green Energy IPO key details:
| IPO Open | – |
| IPO Close | – |
| Face value | ₹10/share |
| Price Band | – |
| Issue price | – |
| IPO Lot Size | – |
| Offer-for-sale | – |
| Fresh issue | ₹3,000.00 crore |
| Issue Type | Mainboard/Book-built Issue |
| Listing | BSE & NSE |
| Total Issue Size (₹ Crore) | ₹3,000.00 crore |
| Minimum Retail Investment | – |
Juniper Green Energy IPO–Timeline
The Juniper Green Energy IPO timeline is currently unavailable. It should be updated when the official information is released.
Juniper Green Energy Limited–Key Performance Indicators (KPIs)
| KPIs | 2024 | 2023 | 2022 |
| ROE (%) | – | – | – |
| ROCE (%) | – | – | – |
| Debt-Equity Ratio (in times) | 1 | 2.47 | 1.72 |
| RoNW (%) | 2.31 | -1.54 | 3.44 |
| PAT Margin (%) | – | – | – |
| EBITDA Margin (%) | 87.37 | 82.29 | 87.22 |
| Price-Book Value | – | – | – |
Juniper Green Energy Ltd–Financial Information
| 2024 (in ₹ crore) | 2023 (in ₹ crore) | 2022 (in ₹ crore) | |
| Revenue | 391.55 | 331.31 | 170.53 |
| Assets | 4,986.44 | 3,212.01 | 3,070.84 |
| Profit After Tax | 40.06 | (12.06) | 27.23 |
Juniper Green Energy IPO–Subscription Status
*Subscription data unavailable.
The subscription levels are to be updated once the bidding starts.
Daily application time period is 10:00 AM to 5:00 PM on the subscription dates.
Juniper Green Energy IPO–Grey Premium Market (GMP)
*The Juniper Green Energy IPO GMP is currently unavailable.
Juniper Green Energy IPO–Reservation
| Investor Category | % of Shares Offered |
| QIBs | Maximum 50% |
| Non-institutional Investors (NIIs) | Minimum 15% |
| Individual Investor | Minimum 35% |
| Total | 100% |
Juniper Green Energy IPO–Lot Size
The Juniper Green Energy IPO lot size details are not published yet. It will be updated once released.
Juniper Green Energy IPO–Anchor Investors Details
The Juniper Green Energy IPO anchor details are currently unavailable. It will be updated once released.
Juniper Green Energy IPO–Prospectus
| Draft Red Herring Prospectus (DRHP) | DRHP Document |
| Red Herring Prospectus (RHP) | RHP Document (to be updated soon) |
About Juniper Green Energy Limited
The company, founded on 5 December 2011, is operating under its Chairperson and Non-Executive Director, Arvind Tiku.
Based on the company’s total capacity, it stands amongst top 10 renewable energy independent power producers in India, on 31 December 2024. It offers end-to-end renewable energy services covering development, construction, operation, and maintenance of projects, carried out through its own EPC and O&M teams.
Its portfolio mix covers solar, wind, and hybrid solutions with storage integration, while income is driven by long-duration power supply arrangements with government-supported off-takers.
| Book Running Lead Managers (BRLM) | ICICI Securities LtdHSBC Securities and Capital Markets (India) Pvt LtdJM Financial LtdKotak Mahindra Capital Company Ltd |
| IPO Registrar | KFin Technologies Ltd |
Objectives of Juniper Green Energy
| Particulars | Amount (in ₹ crore) |
| Repayment of borrowings | 1,092.27 |
| Investment in the company’s subsidiaries repayment borrowings | 1,157.73 |
| Corporate requirements | – |
Juniper Green Energy Limited–Strengths
- Top-tier renewable player: The company ranks among India’s top 10 IPPs by capacity, with a growing focus on advanced renewable formats.
- Execution advantage: It consistently secures land and transmission approvals well before project timelines, reducing delays and uncertainty.
- Agreements with government entities: The company’s fixed tariff PPAs with central and state buyers provide visibility of cash flows over extended periods.
- In-house execution capabilities: The company’s integrated EPC and O&M setup has enabled the timely completion and efficient operation of large-scale renewable projects.
Juniper Green Energy Limited–Risks
- High reliance on a few buyers: A large portion of the company’s revenue comes from two off-takers, which leaves the business subject to weakening relationships.
- Competitive bidding pressure: The renewable energy auction space remains crowded, and shifts in pricing or policy may affect new project wins.
- Dependence on project execution: The company’s growth plans depend on the timely completion of projects, and any delays or setbacks could impact financial performance.
- Operational disruptions: The company’s lower power generation or equipment issues might lead to higher repair costs, which can affect cash flows.
Juniper Green Energy IPO–Review
For the investors, Juniper Green Energy IPO presents a company operating at scale in India’s renewable energy space, with a growing portfolio across solar, wind, and hybrid projects. The company’s integrated approach, along with long-duration power supply contracts with government-backed buyers, offers a degree of visibility in its revenue stream.
However, its revenue generation from only a few buyers and dependence on competitive auctions remain key concerns. The company’s financials show improving revenue, though profitability has been inconsistent in recent years, which may raise a cautious approach when evaluating valuations and long-term returns.
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Juniper Green Energy IPO FAQs
The Juniper Green Energy IPO is a mainboard, book-built public issue through which the company plans to raise ₹3,000 crore by issuing fresh equity shares. The proceeds are primarily intended for debt repayment and investment in subsidiaries, along with general corporate purposes.
To apply for the Juniper Green Energy IPO, investors can use the ASBA facility through their bank account or apply through a registered stockbroker. The application can also be placed through UPI using trading apps. Bids must be submitted within the IPO bidding window from 10:00 AM to 5:00 PM.
The Juniper Green Energy IPO reflects a company with a strong presence in renewable energy and a visible project pipeline. However, risks such as revenue concentration, auction-based growth, and execution dependency remain. Investors may weigh stability from long-term contracts against operational and financial uncertainties.
The expected returns from the Juniper Green Energy IPO are uncertain at this stage, as important details such as price band and GMP are not yet available. Additionally, listing performance depends on market conditions, valuation, and investor response closer to the issue dates.
The opening date of the Juniper Green Energy IPO has not been announced yet.
The lot size of the Juniper Green Energy IPO has not been disclosed so far.
The share allotment date for the Juniper Green Energy IPO has not been confirmed yet. It is typically finalised a few days after the issue closes and will be updated once the official timeline is released.
The listing date of the Juniper Green Energy IPO is yet to be announced. The shares are expected to be listed on the BSE and NSE after the allotment process is completed, in line with the standard IPO timeline.
