Archive · 3 Aug 2026
Juniper Green Energy IPO Subscribed 48% by Day Three
Juniper Green Energy, a renewable energy company, sold new shares to the public in India.
The sale started on July 30 and will finish on August 3.
By the third day, almost half of the shares were bought.
Some big investors already put money in, and the company will use the money to pay off loans and grow its projects.
Some experts think the shares are expensive, while others believe the company will grow a lot in the future.
IPO opened July 30, closed Aug 3, price band ₹214–₹225 per share.
48% of shares subscribed by day 3; retail 23%, NII 10%, QIB 1.19x.
Anchor investors raised ₹539.4 crore, including ADIA, Nippon India, ICICI, SBI, and others.
Grey market premium at ₹1.75, listing price estimated ₹226.75, negative outlook.
Brokerages give mixed views: SBI recommends long‑term, Swastika and Arihant caution on valuation.
- Who
- Juniper Green Energy and its investors
- What
- Public issue of equity shares
- When
- Opened July 30, closed August 3; status reported August 2
- Where
- India, listed on the Bombay Stock Exchange
- Why
- To raise capital for debt repayment and expansion
- IPO price band
- ₹214–₹225 per share
- Issue size
- ₹1,800 crore
- Subscription status (Day 3)
- 48%
- Anchor investors raised
- ₹539.4 crore
- Grey market premium
- ₹1.75