1 month ago
Juniper Green Energy IPO 38% Subscribed, Listing on Aug 6
Juniper Green Energy, a company that builds solar and wind power plants, sold new shares to the public in a big fundraising event called an IPO.
On the first day, only about 38% of the shares were bought, but the big institutional investors (QIBs) bought all the shares they wanted.
The price people were willing to pay in the grey market was a little higher than the official price, showing investors were interested.
The company will use most of the money to pay off loans and give money to its subsidiaries, and the rest for other business needs.
The shares will start trading on the main Indian stock exchanges on 6 August 2026.
Juniper Green Energy’s ₹1,800‑crore IPO was 38% subscribed on Day 1, with QIBs fully subscribed and employees fully subscribed.
The grey‑market premium rose to ₹17 per share by Day 2, indicating a 4–5 % premium over the issue price.
The price band was set at ₹214‑₹225 per share, targeting a post‑listing market cap of about ₹12,800 crore.
Net proceeds will be used to repay borrowings (₹683 crore), fund subsidiaries (₹729 crore) and cover general corporate purposes.
The shares will list on the BSE and NSE on 6 Aug 2026, with allotment finalized on 4 Aug and refunds on 5 Aug.
- Who
- Juniper Green Energy Ltd and investors
- What
- Initial public offering of 1,800 crore fresh equity shares
- Where
- BSE and NSE in India
- When
- Bidding opened 30 July 2026, closed 3 Aug 2026, listing 6 Aug 2026
- Why
- To raise capital for debt repayment, subsidiary funding and corporate purposes
Key facts
- IPO size
- ₹1,800 crore
- Price band
- ₹214–₹225 per share
- Subscription rate (Day 1)
- 0.38×
- Grey‑market premium (Day 2)
- ₹17 per share
- Listing date
- 6 Aug 2026
- Use of proceeds
- ₹683 cr to repay borrowings, ₹729 cr to subsidiaries, rest general
- Lead managers
- ICICI Securities, HSBC Securities, JM Financial, Kotak Mahindra Capital Company, HDFC Bank, Axis Capital, SBI Capital Markets
- Registrar
- KFin Technologies Ltd
Quotes
Ventura Securities
Brokerage firm advising investors to apply
“"Total income grew from ₹424.45 crore in FY24 to ₹804.93 crore in FY26 (~38% CAGR), and EBITDA margins remain exceptionally high at 85–87%."”
livemint.com
“"Financially, Juniper Green Energy reported revenue from operations of INR 718.9 Cr in FY26, while total income stood at INR 804.93 Cr."”
livemint.com
Sources
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