The Juniper Green Energy IPO is one of the most anticipated renewable energy IPOs of 2026. The company plans to raise ₹1,800 crore through a 100% fresh issue, with no Offer for Sale (OFS). The IPO will open for subscription on 30 July 2026 and close on 3 August 2026, while the tentative listing on BSE and NSE is scheduled for 6 August 2026.
Backed by a diversified portfolio of solar, wind, and hybrid renewable energy assets, Juniper Green Energy has emerged as one of India's leading independent power producers (IPPs). In this article, you'll find the latest Juniper Green Energy IPO GMP, subscription status, financial performance, business overview, IPO dates, objectives, risks, and whether investors should consider applying.
The company reported 41% revenue growth and an 11% increase in PAT during FY26, reflecting continued expansion of its renewable asset base.
Objects of the IPO
The company intends to utilize the IPO proceeds for:
Purpose
Amount (₹ Cr.)
Repayment of borrowings
683.24
Investment in subsidiaries for debt repayment
728.69
General Corporate Purposes
Balance
Total identified utilization: ₹1,411.92 crore.
Juniper Green Energy IPO GMP Today
As of 25 July 2026, the Juniper Green Energy IPO GMP stands at ₹0.
GMP Date
IPO Price
GMP
Estimated Listing Price
Estimated Profit
25 July 2026 (1:00 pm)
₹-
₹0
₹-
-
Note: Since the IPO price band has not yet been announced, the estimated listing price cannot be calculated. GMP is unofficial and may change daily.
Juniper Green Energy IPO Subscription Status
The Juniper Green Energy IPO will open for subscription from 30 July to 3 August 2026.
Category
Subscription
QIB
-
NII
-
S-NII
-
B-NII
-
Retail
-
Total
-
Subscription data will be updated once bidding begins.
Juniper Green Energy IPO Day-wise Subscription Trend
subs. Date
QIB
NII
S-NII
B-NII
Retail
Total
-
-
-
-
-
-
-
Subscription data will be updated once bidding begins.
What is current subscription data for Juniper Green Energy IPO?
The current subscription data is updated in report by the total number of offering compare with total shares bid in each category for Juniper Green Energy IPO. Numbers are calculated from BSE, NSE data.
Category
Shares Offered
Shares Bid
Bid Amount (₹ Cr)
QIB
-
-
-
NII
-
-
-
-- Small NII
-
-
-
-- Big NII
-
-
-
RII
-
-
-
Total
-
-
-
Subscription data will be updated once bidding begins.
Important IPO Dates
Activity
Date
IPO Opens
30 July 2026
IPO Closes
3 August 2026
Allotment
4 August 2026
Refund
5 August 2026
Demat Credit
5 August 2026
Listing
6 August 2026
About Juniper Green Energy (Business Overview)
Juniper Green Energy is one of India's fastest-growing independent renewable energy companies focused on developing, constructing, owning, and operating utility-scale renewable energy projects.
The company develops solar, wind, and hybrid energy projects and manages the complete project lifecycle—from land acquisition and bidding to financing, construction, commissioning, and long-term operations.
As of 31 May 2025, the company had an operational and under-development portfolio of 7,898.45 MW, making it one of the country's leading renewable power developers.
Its customers include several government agencies and leading corporates through long-term Power Purchase Agreements (PPAs), including:
SECI
NTPC
NHPC
SJVN
Tata Power
Its projects are spread across multiple states, including:
Gujarat
Rajasthan
Maharashtra
Madhya Pradesh
Leadership & Promoters
The company is promoted by:
Arvind Tiku
Hemant Tikoo
Niharika Tiku
AT Holdings Pte. Ltd.
Juniper Renewable Holdings Pte. Ltd.
The experienced leadership team has successfully scaled Juniper Green Energy into one of India's top renewable energy platforms with expertise across project development, financing, engineering, and operations.
Business Model
Juniper Green Energy follows an Independent Power Producer (IPP) business model.
Revenue is generated through long-term electricity supply contracts signed with central government agencies, state utilities, and private customers.
The company earns stable recurring cash flows because electricity generated from its renewable energy plants is sold under long-duration PPAs.
Its integrated capabilities include:
Renewable energy auctions
Land acquisition
Grid connectivity
EPC execution
Project financing
Asset management
Operations & Maintenance (O&M)
Renewable Energy Portfolio
As of May 31, 2025:
Total Renewable Portfolio: 7,898.45 MW
Solar Projects
Wind Projects
Hybrid Projects
Projects across multiple Indian states
Long-term contracted power generation
The diversified portfolio reduces dependence on any single project or geography.
Competitive Strengths
Juniper Green Energy enjoys several competitive advantages:
Among India's Top 10 renewable independent power producers
Large renewable energy pipeline
Strong project execution capabilities
Long-term PPAs ensuring predictable cash flows
End-to-end in-house project development expertise
Experienced management team
Strong presence across multiple renewable technologies
Diversified geographic footprint
Risks
Investors should consider the following risks before investing:
High debt levels across the business and subsidiaries.
Revenue depends heavily on timely execution of renewable projects.
Delays in land acquisition or regulatory approvals may impact growth.
Dependence on government renewable energy policies.
Interest rate increases could affect financing costs.
Power tariff changes may impact future profitability.
Should You Invest in Juniper Green Energy IPO?
Juniper Green Energy operates in one of India's fastest-growing sectors and has built a diversified renewable energy portfolio backed by long-term PPAs. The company has demonstrated strong revenue growth and benefits from integrated project execution capabilities.
However, investors should also note the company's relatively low return on net worth, significant borrowings, and dependence on project execution and regulatory support. The final investment decision should be based on the announced price band, valuation, and demand during the IPO.
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Summary
The Juniper Green Energy IPO 2026 is expected to attract significant attention from investors looking for exposure to India's renewable energy sector. The ₹1,800 crore fresh issue will primarily be used to reduce debt and strengthen subsidiaries. While the company has shown strong revenue growth and possesses a sizeable renewable energy portfolio, investors should evaluate the final valuation and overall market conditions before applying.
FAQs
What is the Juniper Green Energy IPO date?
The IPO will open on 30 July 2026 and close on 3 August 2026.
What is the Juniper Green Energy IPO size?
The IPO size is ₹1,800 crore, consisting entirely of a fresh issue.
What is the Juniper Green Energy IPO GMP today?
The latest available GMP is ₹0.
What is the listing date of Juniper Green Energy IPO?
The tentative listing date is 6 August 2026.
What will the IPO proceeds be used for?
The funds will primarily be used for repayment of borrowings, investment in subsidiaries for debt reduction, and general corporate purposes.
The Grey Market Premium (GMP) is an unofficial market indicator and should not be considered investment advice. IPO investments are subject to market risks. Investors should read the Red Herring Prospectus (RHP), evaluate the company's fundamentals, and consult a financial advisor before making any investment decision.
Author: Komal Bhatt
Komal Bhatt is a finance content writer at InvestKraft, specialising in well-researched articles on financial products, stock markets, and investment opportunities, with a particular focus on unlisted shares.
She holds a Master’s degree in Commerce from the University of Delhi, which gives her a solid academic foundation in finance and business. With over three years of hands-on experience in creating digital finance content, Komal has developed a clear understanding of investor needs through her work on wealth management, NISM certification programs, and market education materials.
Komal is passionate when it comes to breaking down complex financial concepts into simple, accurate and actionable insights. Her goal is to help everyday investors understand markets better and make more informed decisions based on reliable, research-backed information.