Juniper Green Energy Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | 11.10x | 41,116,954 | 443,646,588 | ₹925 Cr |
| NII (HNI) | 1.92x | 12,335,087 | 23,011,758 | ₹278 Cr |
| Retail | 0.95x | 26,459,070 | 26,459,070 | ₹595 Cr |
| Employee | — | 98,039 | — | ₹2 Cr |
| Σ Total | 1.05x | 98,039 | 103,092 | ₹2 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 66 | ₹14,850 |
| Retail (Max) | 13 | 858 | ₹193,050 |
| S-HNI (Min) | 14 | 924 | ₹207,900 |
| B-HNI (Min) | 67 | 4,422 | ₹994,950 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 386 | 424 | 362 |
| EBITDA | 329 | 371 | 298 |
| Profit After Tax | 8 | 40 | -12 |
| Net Worth | 113 | 108 | 98 |
| Total Assets | 9,091 | 4,986 | 3,212 |
| Reserves & Surplus | 2,836 | 1,555 | 769 |
| Total Borrowing | 5,255 | 2,672 | 2,133 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Repayment/pre-payment, in full or part of certain borrowings availed by Company – 683.24
- 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
- General Corporate Purposes –
Company Overview
Incorporated in December 2011, Juniper Green Energy Limited is one of India's leading renewable energy independent power producers (IPPs), 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 with Battery Energy Storage Systems (BESS), generating revenue through long-term power purchase agreements with central and state government-backed entities.
As of June 30, 2026, the company had a total renewable energy portfolio of 7,910.20 MW (10,247.06 MWp), comprising operational, under-construction, contracted, and awarded projects, making it one of the top 10 renewable IPPs in India by total capacity. With integrated in-house engineering, procurement & construction (EPC) and operations & maintenance (O&M) capabilities, Juniper Green Energy has established a strong track record of timely project execution, robust land acquisition, grid connectivity, and technology-driven renewable energy solutions.
Led by an experienced management team, the company focuses on expanding its renewable energy portfolio while maintaining operational excellence, supply chain resilience, and sustainable growth. As of June 30, 2026, Juniper Green Energy employed 733 permanent professionals across project development, engineering, operations & maintenance, finance, procurement, legal, quality, health & safety, business development, technology, and corporate functions.
Competitive Strengths:
- One of India's top 10 renewable energy independent power producers by total capacity.
- Diversified portfolio across solar, wind, hybrid, and FDRE projects with BESS.
- End-to-end in-house EPC and O&M capabilities with a proven execution track record.
- Long-term power purchase agreements providing stable and predictable cash flows.
- Strong project development capabilities supported by robust land acquisition, connectivity, and supply chain management.