Juniper Green Energy IPO Fully Subscribed: Rs 1800 Cr Issue Oversubscribed

Juniper Green Energy’s initial public offering secured full subscription by its final bidding day, August 3, 2026. The public issue, valued at Rs 1,800 crore, saw bids for 7,48,88,748 equity shares against 5,89,16,709 shares on offer.

Key Subscription Figures

• Total Bids Received: 7,48,88,748 equity shares
• Shares on Offer: 5,89,16,709 equity shares
• Qualified Institutional Buyers (QIBs) Subscription: 3.84 times
• Retail Individual Investors (RIIs) Subscription: 28 percent
• Issue Price Band: Rs 214-225 per share
• Grey Market Premium (GMP): Rs 1.75 per share

The IPO, entirely a fresh issue of 8 crore equity shares, allowed investors to bid for a minimum of 66 shares. This required an investment of Rs 14,850 at the upper price band.

Anchor Investor Allocation

Prior to the public issue, Juniper Green Energy raised significant capital from anchor investors, allotting shares at the upper price band.

• Amount Raised: Rs 539.4 crore
• Shares Allotted: 2.39 crore equity shares
• Price Per Share: Rs 225
• Domestic Mutual Fund Allocation: 1.79 crore shares worth Rs 403.43 crore

Sixteen anchor investors participated, including WhiteOak Capital, Nippon India Mutual Fund, ICICI Prudential Mutual Fund, SBI Mutual Fund, HSBC Mutual Fund, Edelweiss Mutual Fund, as well as insurance companies and the Abu Dhabi Investment Authority.

Financial Performance Overview

Juniper Green Energy reported an increase in profitability and operational revenue for the last fiscal year.

• Profit After Tax (PAT) FY26: Rs 40.46 crore (up 10.91% from Rs 36.48 crore in FY25)
• Revenue from Operations FY26: Rs 718.93 crore (up 41.33% from Rs 508.68 crore in FY25)

IPO Timeline and Proceeds Utilization

The IPO process has a defined schedule for allotment and listing, with proceeds earmarked for strategic initiatives.

• Allotment Basis Expected: August 4, 2026
• Refunds and Share Credits: August 5, 2026
• Listing on BSE and NSE: August 6, 2026

Net proceeds from the IPO are designated for debt repayment, investments in material subsidiaries, and general corporate purposes. ICICI Securities served as the book-running lead manager, with KFin Technologies as the registrar.