Juniper Green Energy IPO is a Mainboard public offering of Juniper Green Energy Limited, a renewable power producer focused on developing and operating utility-scale clean energy assets across India. The company has built its business around generating electricity through renewable sources while continuously expanding its project portfolio in line with the country’s transition towards sustainable energy. Through this public issue, the company intends to strengthen its financial position and support future business expansion.
Juniper Green Energy Limited operates across multiple renewable energy segments, including solar power, wind power, hybrid renewable energy projects, and battery energy storage systems. Its activities cover the complete lifecycle of renewable energy projects—from identifying suitable locations and obtaining approvals to engineering, construction, commissioning, and long-term operation of power generation assets. This integrated approach allows the company to maintain greater control over project execution and operational performance.
The electricity generated by the company’s projects is supplied under long-term power purchase arrangements to central government agencies, state distribution companies, and commercial consumers. These long-duration contracts provide revenue visibility while supporting the company’s objective of expanding its renewable energy portfolio across different regions of India.
India continues to increase investment in renewable energy as part of its long-term energy security and sustainability objectives. Rising electricity demand, favourable policy support, expansion of transmission infrastructure, and growing investments in solar and wind capacity are expected to create significant opportunities for companies operating in the renewable energy sector. Businesses with diversified project pipelines, strong execution capabilities, and efficient operational management are likely to benefit from these long-term industry trends.
Before investing, prospective investors should carefully evaluate the company’s financial performance, operational portfolio, project pipeline, capital structure, valuation, execution capabilities, and future expansion strategy together with the risks associated with the renewable energy industry.
Juniper Green Energy IPO Details
| IPO Details | Information |
|---|---|
| IPO Name | Juniper Green Energy IPO |
| Company Name | Juniper Green Energy Limited |
| IPO Type | Book Built Issue |
| IPO Category | Mainboard IPO |
| Face Value | ₹10 Per Equity Share |
| Price Band | To Be Announced |
| Issue Size | ₹1,800 Crore |
| Fresh Issue | ₹1,800 Crore |
| Offer for Sale | Nil |
| Lot Size | 66 Shares |
| IPO Open Date | 30 July 2026 |
| IPO Close Date | 3 August 2026 |
| Basis of Allotment | 4 August 2026 (Expected) |
| Refund Initiation | 5 August 2026 (Expected) |
| Shares Credited to Demat Account | 5 August 2026 (Expected) |
| Listing Date | 6 August 2026 (Expected) |
| Listing Exchange | BSE & NSE |
| Registrar | KFin Technologies Limited |
| Book Running Lead Managers | ICICI Securities Limited, JM Financial Limited, HSBC Securities and Capital Markets (India) Private Limited, Kotak Mahindra Capital Company Limited |
The issue comprises only a fresh issue of equity shares. According to the offer document, the company proposes to utilise the net proceeds primarily for repayment or prepayment of borrowings, investment in certain subsidiaries, and general corporate purposes.
Juniper Green Energy IPO Dates
The table below outlines the important milestones associated with the Juniper Green Energy IPO.
| IPO Event | Date |
|---|---|
| IPO Opening Date | 30 July 2026 |
| IPO Closing Date | 3 August 2026 |
| Basis of Allotment | 4 August 2026 (Expected) |
| Refund Initiation | 5 August 2026 (Expected) |
| Shares Credited to Demat Account | 5 August 2026 (Expected) |
| Listing Date | 6 August 2026 (Expected) |
After the allotment process is completed, successful applicants are expected to receive the allotted shares in their demat accounts before trading commences on the BSE and NSE.
Juniper Green Energy IPO Reservation
The allocation of shares has been structured in accordance with the SEBI regulations applicable to Mainboard IPOs.
| Investor Category | Reservation |
|---|---|
| Qualified Institutional Buyers (QIB) | Not More Than 50% |
| Non-Institutional Investors (NII) | Not Less Than 15% |
| Retail Individual Investors (RII) | Not Less Than 35% |
The final allocation for each category will depend on the valid applications received during the subscription period.
Juniper Green Energy IPO Lot Size
| Application | Shares | Amount |
|---|---|---|
| Retail Minimum | To Be Announced | To Be Announced |
| Retail Maximum | To Be Announced | To Be Announced |
| S-HNI Minimum | To Be Announced | To Be Announced |
| B-HNI Minimum | To Be Announced | To Be Announced |
The company has not yet announced the final price band and market lot. These details will be updated after the publication of the Red Herring Prospectus and the official stock exchange notifications.
About Juniper Green Energy Limited
Juniper Green Energy Limited is an independent renewable energy producer engaged in the development, construction, ownership, and operation of utility-scale renewable power projects across India. The company focuses on generating clean electricity through solar, wind, hybrid renewable energy, and battery energy storage projects. By managing projects from development through long-term operations, it has established an integrated platform within the renewable energy sector.
The company undertakes the complete lifecycle of renewable energy projects, including site identification, land acquisition, regulatory approvals, engineering, procurement, construction, commissioning, and operation of power generation assets. This integrated execution model enables the company to monitor project quality, optimise operating performance, and efficiently expand its renewable energy portfolio.
Juniper Green Energy supplies electricity under long-term power purchase agreements signed with central government agencies, state distribution companies, and commercial and industrial consumers. The company continues to expand its operational capacity by developing new renewable energy projects while strengthening its presence across multiple Indian states.
Business Operations
Juniper Green Energy Limited operates through an integrated renewable energy business model covering project development, construction, power generation, and asset management.
- Solar Power Projects – The company develops, owns, and operates utility-scale solar power plants across various states in India.
- Wind Energy Projects – It develops wind power assets that contribute to renewable electricity generation and diversify its energy portfolio.
- Hybrid Renewable Energy Projects – The company develops hybrid projects that combine solar and wind resources to improve power generation efficiency and reliability.
- Battery Energy Storage Systems (BESS) – Juniper Green Energy is expanding its capabilities by integrating battery energy storage solutions with renewable energy projects.
- Project Development – Activities include land identification, obtaining statutory approvals, project planning, and securing power purchase agreements.
- Engineering, Procurement & Construction (EPC) Management – The company supervises engineering design, equipment procurement, construction, testing, and project commissioning.
- Power Plant Operations & Maintenance – After commissioning, the company manages plant operations, performance monitoring, preventive maintenance, and asset optimisation.
- Power Supply Under Long-Term Contracts – Electricity generated from its renewable energy assets is supplied through long-term agreements with government utilities and commercial customers.
Industry Overview
India is among the world’s fastest-growing renewable energy markets, supported by increasing electricity demand, favourable government policies, and a long-term commitment towards clean energy generation. The country’s focus on reducing carbon emissions and improving energy security has accelerated investments in solar, wind, hybrid, and energy storage projects.
Utility-scale renewable energy has become a major contributor to India’s power generation capacity. Continuous additions of renewable energy projects, improvements in transmission infrastructure, competitive tariff mechanisms, and increasing participation from private developers continue to strengthen the sector.
Government initiatives promoting renewable energy, expansion of green hydrogen, battery storage, and grid modernisation are expected to create long-term growth opportunities for renewable energy companies. Developers with diversified project portfolios, strong execution capabilities, operational expertise, and long-term power purchase agreements are well positioned to benefit from the sector’s continued expansion.
Business Strategy
Juniper Green Energy Limited aims to strengthen its position in India’s renewable energy sector by expanding its operational capacity, diversifying its renewable energy portfolio, and improving project execution capabilities.
The company plans to continue developing utility-scale solar, wind, hybrid, and battery energy storage projects while increasing its operational generation capacity across different regions of India. It also focuses on maintaining a balanced portfolio of long-term power purchase agreements with government agencies and commercial customers to enhance revenue visibility.
Another important strategic objective is to optimise project execution through efficient engineering, procurement, construction, and asset management practices. The company also intends to strengthen operational efficiency by adopting advanced monitoring technologies and improving plant performance across its renewable energy assets.
By combining an integrated business model, diversified renewable energy portfolio, experienced project execution capabilities, and long-term contractual arrangements, Juniper Green Energy Limited aims to achieve sustainable growth while supporting India’s transition towards clean and renewable sources of energy.
Juniper Green Energy IPO Financial Information
The financial performance of a company helps investors understand its operational growth, profitability, capital structure, and financial stability. Since renewable energy projects typically require significant capital investment, analysing revenue growth, profitability, and debt management is important while evaluating the company’s long-term prospects.
Juniper Green Energy Financial Summary
| Particulars | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Revenue from Operations | ₹2,842.63 Crore | ₹3,529.41 Crore | ₹3,863.74 Crore |
| Total Income | ₹2,905.84 Crore | ₹3,611.27 Crore | ₹3,956.18 Crore |
| EBITDA | ₹2,051.36 Crore | ₹2,624.58 Crore | ₹2,934.62 Crore |
| Profit Before Tax (PBT) | ₹318.52 Crore | ₹526.41 Crore | ₹731.26 Crore |
| Profit After Tax (PAT) | ₹219.84 Crore | ₹389.73 Crore | ₹537.18 Crore |
| Net Worth | ₹4,138.92 Crore | ₹4,642.75 Crore | ₹5,197.36 Crore |
| Total Borrowings | ₹12,864.47 Crore | ₹13,578.26 Crore | ₹14,062.81 Crore |
The company has reported consistent growth in revenue and profitability over the last three financial years, supported by commissioning of new renewable energy projects and higher operational capacity. Investors should analyse these financial results together with project execution capability, debt profile, power purchase agreements, and valuation before making an investment decision.
Juniper Green Energy IPO Key Performance Indicators (KPIs)
Key Performance Indicators (KPIs) provide insight into the company’s profitability, operational efficiency, leverage, and capital utilisation.
| KPI | Value |
|---|---|
| Return on Equity (ROE) | 10.34% |
| Return on Capital Employed (ROCE) | 8.69% |
| Return on Net Worth (RONW) | 10.33% |
| EBITDA Margin | 74.18% |
| PAT Margin | 13.58% |
| Debt-to-Equity Ratio | 2.71 |
| Earnings Per Share (EPS) | ₹5.27 |
| Net Asset Value (NAV) Per Share | ₹50.98 |
| Price to Earnings (P/E) | To Be Updated |
The company’s financial indicators reflect a capital-intensive business model supported by growing operating income and improving profitability. Investors should consider these metrics together with future capacity additions, project pipeline, and industry outlook before making an investment decision.
Objects of the Juniper Green Energy IPO
According to the Red Herring Prospectus, the company intends to utilise the net proceeds from the fresh issue for the following purposes:
- Repayment or prepayment, in full or in part, of certain outstanding borrowings of the company.
- Investment in one or more subsidiaries for repayment or prepayment of their borrowings.
- General corporate purposes.
The proposed utilisation of the IPO proceeds is expected to strengthen the company’s balance sheet, reduce debt obligations, improve financial flexibility, and support future expansion of its renewable energy business.
Juniper Green Energy IPO Listing Performance
The listing performance of an IPO reflects the market’s response when the company’s equity shares commence trading on the stock exchanges. Since Juniper Green Energy IPO has not yet been listed, the final listing details will become available after trading begins on the BSE and NSE.
| Particular | Details |
|---|---|
| Listing Exchange | BSE & NSE |
| Listing Date | 6 August 2026 (Expected) |
| Issue Price | To Be Announced |
| Listing Price | Yet to be Announced |
| Listing Gain | Yet to be Announced |
| Listing Gain (%) | Yet to be Announced |
The actual listing price will depend on various factors, including investor demand, subscription levels, prevailing market conditions, and overall sentiment towards the renewable energy sector. Investors should evaluate the company’s long-term business fundamentals rather than focusing solely on listing-day performance.
Juniper Green Energy IPO Subscription Status
The subscription status indicates the level of participation from different categories of investors during the IPO bidding period. Since the public issue is yet to open, the subscription figures will be updated once bidding begins.
Juniper Green Energy IPO Subscription
| Investor Category | Subscription |
|---|---|
| Qualified Institutional Buyers (QIB) | Yet to be Updated |
| Non-Institutional Investors (NII) | Yet to be Updated |
| Retail Individual Investors (RII) | Yet to be Updated |
| Employee Reservation | Yet to be Updated |
| Total Subscription | Yet to be Updated |
The final subscription figures will be available after the IPO closes. Investors can track the latest subscription data through the official BSE, NSE, and registrar portals.
Juniper Green Energy IPO Review
Juniper Green Energy Limited operates in India’s renewable energy sector with a diversified portfolio comprising solar, wind, hybrid renewable energy, and battery energy storage projects. The company follows an integrated business model that includes project development, engineering, construction, commissioning, operation, and maintenance of renewable power assets.
The business benefits from long-term power purchase agreements, a growing operational portfolio, an expanding project pipeline, and increasing demand for clean energy across the country. Government initiatives supporting renewable energy, rising electricity consumption, and continued investments in sustainable infrastructure provide favourable long-term growth opportunities for companies operating in this sector.
At the same time, investors should consider factors such as the capital-intensive nature of renewable energy projects, dependence on regulatory approvals, execution risks, high borrowings, changes in power tariffs, interest rate movements, and project commissioning timelines, as these may influence future financial performance.
Overall, Juniper Green Energy Limited operates in an industry with strong long-term growth potential. Before investing, prospective investors should carefully analyse the company’s financial performance, debt profile, operational capacity, project pipeline, valuation, and long-term strategy while considering the risks associated with the renewable energy business.
Juniper Green Energy IPO Strengths
Juniper Green Energy Limited has developed a diversified renewable energy platform supported by integrated project execution capabilities and long-term operational expertise.
- Diversified Renewable Energy Portfolio – The company develops and operates solar, wind, hybrid renewable energy, and battery energy storage projects across multiple locations.
- Integrated Business Model – It manages the complete lifecycle of renewable energy projects, including development, engineering, construction, commissioning, operations, and maintenance.
- Long-Term Power Purchase Agreements – Revenue is supported by long-term contracts with central government agencies, state utilities, and commercial customers.
- Large Operational and Development Pipeline – The company continues to expand its renewable energy capacity through projects under construction and future development opportunities.
- Experienced Management Team – The leadership team has significant experience in renewable energy development, infrastructure execution, and project management.
- Favourable Industry Outlook – India’s renewable energy transition, policy support, and increasing demand for clean electricity provide long-term growth opportunities.
Juniper Green Energy IPO Risk Factors
Like other renewable energy companies, Juniper Green Energy Limited faces several operational, financial, and industry-specific risks that investors should evaluate before making an investment decision.
- Capital-Intensive Business Model – Renewable energy projects require substantial investment for development, construction, and expansion.
- High Borrowing Levels – The company carries significant debt, and changes in borrowing costs may affect future profitability.
- Project Execution Risk – Delays in land acquisition, approvals, construction, or commissioning may impact project timelines and revenue generation.
- Regulatory Risk – Changes in government policies, renewable energy regulations, or tariff frameworks could influence business operations.
- Dependence on Power Purchase Agreements – Revenue depends on the successful execution and continuation of long-term power purchase contracts.
- Weather and Resource Availability – Electricity generation depends on solar irradiation, wind availability, and other climatic conditions that may vary over time.
Before making an investment decision, investors should assess these strengths and risks together with the company’s financial performance, project portfolio, valuation, and long-term growth strategy.
Juniper Green Energy IPO Promoters
Juniper Green Energy Limited is part of the AT Capital Group and is promoted by experienced professionals with expertise in renewable energy development, infrastructure investment, and business management. The promoters have played an important role in expanding the company’s renewable energy portfolio, strengthening project execution capabilities, and establishing long-term relationships with power distribution companies and commercial customers. Their strategic focus remains on increasing generation capacity, improving operational efficiency, and supporting India’s clean energy transition.
Juniper Green Energy IPO Promoters Details
| Promoter | Designation |
|---|---|
| AT Capital Group | Promoter Group |
Juniper Green Energy IPO Management Team
The company is led by an experienced management team responsible for project development, engineering, finance, operations, legal compliance, and corporate governance. The leadership team oversees renewable energy project execution, operational performance, business expansion, and strategic growth initiatives.
| Name | Designation |
|---|---|
| Ankush Malik | Chief Executive Officer & Whole-time Director |
| Nikhil Dhingra | Chief Financial Officer |
| Rahul Jain | Company Secretary & Compliance Officer |
| Naresh Mansukhani | Independent Director |
| Anjali Bansal | Independent Director |
| Rajeev Gupta | Independent Director |
Juniper Green Energy IPO Registrar Details
The registrar to the issue is responsible for processing IPO applications, finalising the basis of allotment, initiating refunds, crediting equity shares to successful applicants’ demat accounts, and handling investor-related queries.
| Particular | Details |
|---|---|
| Registrar Name | KFin Technologies Limited |
| Website | https://www.kfintech.com |
| IPO Allotment Status | https://ris.kfintech.com/ipostatus |
| Email ID | [email protected] |
| Contact Number | +91-40-6716 2222 |
Juniper Green Energy IPO Lead Manager Details
The Book Running Lead Managers are responsible for managing the public issue, coordinating regulatory compliance, marketing the IPO, and assisting the company throughout the listing process.
| Particular | Details |
|---|---|
| Lead Manager | ICICI Securities Limited |
| Website | https://www.icicisecurities.com |
| Email ID | [email protected] |
| Contact Number | +91-22-6807 7100 |
| Lead Manager | JM Financial Limited |
| Website | https://www.jmfl.com |
| Email ID | [email protected] |
| Contact Number | +91-22-6630 3030 |
| Lead Manager | HSBC Securities and Capital Markets (India) Private Limited |
| Website | https://www.business.hsbc.co.in |
| Email ID | [email protected] |
| Contact Number | +91-22-2268 5555 |
| Lead Manager | Kotak Mahindra Capital Company Limited |
| Website | https://investmentbank.kotak.com |
| Email ID | [email protected] |
| Contact Number | +91-22-4336 0000 |
Juniper Green Energy Limited Contact Details
| Particular | Details |
|---|---|
| Company Name | Juniper Green Energy Limited |
| Registered Office | Gurugram, Haryana, India |
| Website | https://www.junipergreenenergy.com |
| Email ID | [email protected] |
How to Check Juniper Green Energy IPO Allotment Status
Applicants can check their IPO allotment status after the basis of allotment is finalised through the registrar’s website or the BSE portal.
Through KFin Technologies Limited
- Visit the official IPO allotment portal of KFin Technologies Limited.
- Select Juniper Green Energy IPO from the list of available IPOs.
- Choose any one of the search options such as Application Number, PAN, or DP/Client ID.
- Enter the required details.
- Click Submit to view your allotment status.
Through BSE
- Visit the official BSE IPO allotment page.
- Select Juniper Green Energy IPO from the issue list.
- Enter your Application Number, PAN, or DP/Client ID.
- Complete the verification, if required.
- Click Search to check your allotment status.
Frequently Asked Questions (FAQs)
What is Juniper Green Energy IPO?
Juniper Green Energy IPO is a Mainboard Book Built public issue comprising a fresh issue of equity shares.
What is the price band of the Juniper Green Energy IPO?
The company has not announced the price band yet. It will be updated after the Red Herring Prospectus is released.
What is the total issue size of the Juniper Green Energy IPO?
The IPO size is ₹1,800 crore through a fresh issue of equity shares.
When will the Juniper Green Energy IPO open and close?
The IPO will open on 30 July 2026 and close on 3 August 2026.
Where will Juniper Green Energy shares be listed?
The company’s equity shares are proposed to be listed on both the BSE and NSE.
Who is the registrar for the Juniper Green Energy IPO?
KFin Technologies Limited is the registrar to the issue.
Who are the Book Running Lead Managers for the Juniper Green Energy IPO?
ICICI Securities Limited, JM Financial Limited, HSBC Securities and Capital Markets (India) Private Limited, and Kotak Mahindra Capital Company Limited are the Book Running Lead Managers.
What is the minimum lot size for the Juniper Green Energy IPO?
The minimum lot size has not yet been announced and will be updated after the company declares the final price band.
What does Juniper Green Energy Limited do?
The company develops, owns, and operates utility-scale renewable energy projects across solar, wind, hybrid renewable energy, and battery energy storage segments in India.
What are the objects of the Juniper Green Energy IPO?
The company proposes to utilise the IPO proceeds primarily for repayment or prepayment of borrowings, investment in certain subsidiaries for debt repayment, and general corporate purposes.
