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Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.

JG

Juniper Green Energy

Upcoming MAINBOARD BSE, NSE · Power Generation

Price Band

Issue Size

₹1800.0 Cr

Lot Size

Min Investment

GMP

info
Grey Market Premium — the unofficial premium buyers are currently willing to pay over the issue price once this IPO lists. It's an informal market estimate, not guaranteed, and can move daily right up to listing day. Learn more: GMP vs Kostak vs Sauda →

+₹0.0 (%)

Issue Price

calendar_month Important Dates

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IPO Open Date
Thu, 30 Jul 2026 in 6d
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IPO Close Date
Mon, 03 Aug 2026 in 10d
assignment
Allotment Date
Tue, 04 Aug 2026 in 11d
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Refund Initiation
Wed, 05 Aug 2026 in 12d
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Credit of Shares
Wed, 05 Aug 2026 in 12d
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Listing Date
Thu, 06 Aug 2026 in 13d

bar_chart Subscription Status

schedule

IPO not open yet

Opens 30 Jul 2026 · in 6 days

trending_up Grey Market Premium (GMP)

GMP

₹0.0

GMP %

%

Est. Listing

₹0.0

schedule Updated: 24 Jul 2026 17:00

speed IPO Listing Probability Meter

Composite Score

40/100

Moderate Probability
GMP Strength (35%) N/A

GMP not yet available

Subscription Demand (30%) N/A

Subscription not open yet

Anchor Investor Interest (15%) N/A

No anchor allocation for this IPO

Historical Similar-IPO Performance (20%) 40/100

Similar IPOs (same IPO type) averaged 3.3% listing gain

Based on historical patterns in GMP, subscription and anchor data — not a guarantee of listing performance. IPOs carry risk of loss; this is not investment advice.

business About the Company

Juniper Green Energy is a prominent independent renewable energy power producer in India, specializing in the development, construction, and operation of solar, wind, and hybrid power projects. Established with a focus on sustainable and clean energy solutions, the company aims to support India's transition toward a greener energy future by generating power from non-fossil fuel sources. The company manages the end-to-end lifecycle of renewable energy project development across all critical stages, including: (i) bidding and auction; (ii) site prospecting; (iii) land acquisition and grid permits; (iv) engineering and technology; (v) procurement; (vi) project financing; (vii) plant construction and 303 commissioning; and (viii) operation & maintenance. The company has signed long-term power-purchase agreements (PPAs) with government bodies like SECI, SJVN, NHPC, and NTPC and private clients such as Tata Power Company Limited. As on May 31, 2025, the company has a portfolio asset of total Capacity of 7,898.45 MW. The company has expanded its geographical presence across states such as Gujarat, Rajasthan, Maharashtra and Madhya Pradesh. Competitive strengths Among the top 10 renewable energy independent power producers in India Proven ability to secure land and establish robust connectivity well in advance Long-term power purchase agreements with central and state government off-takers End-to-end inhouse capabilities in developing and operating renewable energy projects Experienced promoters and leadership

payments Company Financials (₹ Cr)

Period Ended 31 Dec 2024 31 Mar 2024 31 Mar 2023 31 Mar 2022
Assets 9,090.93 4,986.44 3,212.01 3,070.84
Total Income 386.40 424.45 362.49 189.17
Profit After Tax 7.82 40.06 -12.06 27.23
EBITDA 329.17 370.84 298.29 164.99
NET Worth 112.85 108.21 97.65 86.70
Reserves and Surplus 2,835.54 1,555.14 769.10 781.30
Total Borrowing 5,254.88 2,671.70 2,133.38 1,700.59

Key Ratios

NAV

₹81.93

RoNW

2.31%

Debt/Equity

1.00

Peer Comparison

Company NAV RoNW P/E (x) EPS Basic EPS Diluted
Renew Global Energy PLC 287.18 3.24% 57.19 9.94 9.92
Adani Green Energy 62.01 11.19% 152.85 6.21 6.2
NTPC Green Energy 13.17 5.5% 153.14 0.72 0.72
Acme Solar Holdings 46.59 26.95% 19.73 12.55 12.55
Juniper Green Energy Limited This IPO 81.93 2.31% 1.9 1.9

Promoters

Arvind Tiku, Hemant Tikoo, Niharika Tiku, At Holdings Pte.Ltd., Juniper Renewable Holdings Pte.Ltd.

Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Repayment/pre-payment, in full or part of certain borrowings availed by Company 683.24 2 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 3 General Corporate Purposes Total 1,411.92

info Issue Details

Issue Type MAINBOARD Book Built
Issue Size ₹1800.0 Cr
Price Band ₹ (Fixed)
Issue Price
Lot Size
Min Investment
Exchange BSE, NSE
Sector Power Generation
Open Date 30 Jul 2026
Close Date 03 Aug 2026
Allotment 04 Aug 2026
Listing Date 06 Aug 2026

pie_chart Investor Allocation

QIB (Institutional) 50%
NII / HNI 15%
Retail (RII) 35%

Registrar

domain Kfin Technologies Ltd.

Lead Managers / Book Running

account_balance Kotak Mahindra Capital Co.Ltd.
account_balance ICICI Securities Ltd.
account_balance JM Financial Ltd.
account_balance HSBC Securities & Capital Markets (India) Pvt.Ltd.

timeline IPO Timeline

Open

30 Jul 2026

Close

03 Aug 2026

Allotment

04 Aug 2026

Listing

06 Aug 2026

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