Juniper Green Energy IPO Lists Aug 6: Strong Subscription
Solar farm with wind turbines under clear skies
Key Highlights
Juniper Green Energy’s IPO debuts August 6 after a 7.97x subscription. Grey Market Premium at ₹16.5 indicates strong investor confidence. Details inside.
Juniper Green Energy is set to list its (IPO) on **August 6**, with the allotment process finalized on August 4. The offering recorded an overall subscription of **7.97 times**.
This strong interest signals positive market sentiment ahead of the debut. The (GMP) for the IPO has also trended upward, reflecting investor confidence.
& Market Sentiment
(QIBs) led the subscription, showing significant demand. Non-Institutional Investors (NIIs) and retail investors also participated.
- QIB Subscription: 24.94 times
- Subscription: 1.82 times
- Quota: 93%
- GMP: ₹16.5
- Expected Listing Price: Around ₹241.5 per share
- Anticipated Listing Gain: 7.33% from the upper price band
- : ₹214 to ₹225 per equity share
Financials & IPO Details
The ₹1,800 crore public issue was entirely a fresh issuance of equity shares, open from July 30 to August 3, 2026. Proceeds are earmarked for debt repayment and funding subsidiaries.
- Repaying Existing : ₹683.24 crore
- Funding Subsidiaries’ Debt: ₹728.69 crore (for Juniper Green Gamma One, Juniper Green Kite, Juniper Green Power Five)
Juniper Green Energy focuses on utility-scale renewable energy projects, encompassing solar, wind, and hybrid solutions. The company supplies electricity to government-backed entities.
- FY26 (PAT): ₹40.46 crore (up 10.9% from ₹36.48 crore in FY25)
- FY26 from Operations: ₹718.93 crore (up 41.3% from ₹508.68 crore in FY25)