Juniper Green Energy IPO price band: The Juniper Green Energy Limited IPO price band has been fixed in the range of ₹214 to ₹225 per equity share of the face value of ₹10. The Juniper Green Energy IPO date of subscription is scheduled for Thursday, 30 July and will close on Monday, 3 August. The allocation to anchor investors for the Juniper Green Energy IPO is scheduled to take place on Wednesday, 29 July.
The Juniper Green Energy IPO lot size is 66 equity shares and in multiples of 66 equity shares thereafter.
Juniper Green Energy IPO has reserved not more than 50% of the shares in the public issue for qualified institutional buyers (QIB), not less than 15% for non-institutional Institutional Investors (NII), and not less than 35% of the offer is reserved for retail investors.
Tentatively, Juniper Green Energy IPO basis of allotment of shares will be finalised on Tuesday, 4 August and the company will initiate refunds on Wednesday, 5 August, while the shares will be credited to the demat account of allottees on the same day following refund. Juniper Green Energy share price is likely to be listed on BSE and NSE on Thursday, 6 August.
Juniper Green Energy IPO details
The Juniper Green Energy IPO comprises entirely a fresh issue of equity shares, with no offer-for-sale (OFS) component, as per the company’s red herring prospectus (RHP).
At the upper end of the Juniper Green Energy IPO price band, the company is expected to command a post-listing market capitalisation of around ₹12,802.46 crore.
The company proposes to utilise ₹683.24 crore from the net proceeds towards the repayment or prepayment of certain borrowings. Additionally, ₹728.69 crore will be infused into its subsidiaries — Juniper Green Gamma One, Juniper Green Kite, and Juniper Green Power Five — to help them repay their outstanding debt. The balance proceeds will be used for general corporate purposes.
The Juniper Green Energy IPO is being managed by ICICI Securities, HSBC Securities and Capital Markets (India), JM Financial, and Kotak Mahindra Capital Company as the book-running lead managers, while KFin Technologies has been appointed as the registrar to the issue.
Company details
Juniper Green Energy is a renewable energy company engaged in the development, construction, and operation of utility-scale solar, wind, hybrid, and battery energy storage projects across India.
Backed by Singapore-based AT Capital Group, the Gurugram-headquartered company has steadily expanded its clean energy portfolio. Its key milestones include the development of India’s first merchant 100 MWh Battery Energy Storage System (BESS) project in Rajasthan and the phased commissioning of an integrated Firm and Dispatchable Renewable Energy (FDRE) project that combines solar, wind, and battery storage to deliver reliable renewable power.
Juniper Green Energy operates an integrated business model, managing the entire project lifecycle—from project development and engineering to procurement, construction, and operations and maintenance (O&M). The company continues to focus on scaling its renewable power generation and energy storage capabilities to support India’s clean energy transition.
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