Bookbuilding IPO | ₹3,000 Cr | Listing at BSE, NSE |
SEBI has approved the Initial Public Offer (IPO) of Juniper Green Energy Ltd. on August 28, 2025. The company will proceed with next steps to launch the Initial Public Offer (IPO) subject to market conditions and other approvals. The SEBI approval is valid for 12 months.
Juniper Green Energy Ltd. IPO is a Book Build Issue of ₹3,000.00 crores consisting solely of fresh issue of shares with no offer for sale component.
The equity shares are proposed to be listed on NSE and BSE. ICICI Securities Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Juniper Green Energy IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | [.] shares (agg. up to ₹3,000 Cr) |
| Fresh Issue | [.] shares (agg. up to ₹3,000 Cr) |
| Share Holding Pre Issue | 48,89,89,292 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Fri, Jun 27, 2025 |
| SEBI/Exchange approval received | Thu, Aug 28, 2025 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII Shares Offered | Not less than 15% of the Net Issue |
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
| 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 |
| Amount in ₹ Crore | ||||
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 our Company | 1,092.27 |
| 2 | Investment in our Material Subsidiaries namely Juniper Green Gamma One Private Limited, Juniper Green Three Private Limited, Juniper Green Field Private Limited, Juniper Green Beam Private Limited, and our Subsidiaries namely Juniper Green Kite Private Limited and Juniper Green Ray Two Private Limited for repayment/ pre-payment, in full or in part, of all or a portion of certain of their outstanding borrowings | 1,157.73 |
| 3 | General corporate purposes |
| KPI | Mar 31, 2024 |
|---|---|
| Debt/Equity | 1.00 |
| RoNW | 2.31% |
| EBITDA Margin | 87.37% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100% |
Lead Manager Reports
Juniper Green Energy IPO is a main-board IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹3,000 Crores. The issue is priced at To be declared. The minimum order quantity is .
The Juniper Green Energy IPO open and close dates are not available as of now.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Juniper Green Energy IPO using UPI as a payment gateway. Zerodha customers can apply in Juniper Green Energy IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Juniper Green Energy IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Juniper Green Energy IPO dates are not announced. Please check back again after some time.
Juniper Green Energy IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Juniper Green Energy IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Juniper Green Energy IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Juniper Green Energy IPO allotment status.
The Juniper Green Energy IPO listing date is not yet announced. The tentative date of listing is .
