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Juniper Green Energy Ltd.
Closed
Price Band
₹214 to ₹225
IPO Issue Period
30 Jul to 03 Aug, 2026
Issue Size
₹1,800 Cr
Face value
₹10 per share
Fresh issue
₹1,800 Cr
Offer for sale
NIL
Minimum Shares for Retail
66 Shares
Employee Discount
₹21.00
Listing on
BSE, NSE
Issue Type
Book Built Issue - IPO
Registrar to the Issue
Kfin Technologies Ltd.
Tentative Listing Date
Thu, Aug 06, 2026
QIB
50%
NII
15%
Retail
35%

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ICICI Securities Ltd.
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Juniper Green Energy Limited is a major Indian renewable energy developer established in 2011. The company specializes in creating and managing large-scale solar, wind, hybrid, and battery storage projects. It secures predictable, long-term revenue through supply agreements with central and state government agencies.

By mid-2026, the company ranked among India’s top ten renewable power producers, boasting a total project capacity of over 7,900 megawatts across operational and upcoming sites. Juniper Green Energy manages every stage of project development in-house—from acquiring land and securing power grid connections to engineering, construction, and ongoing maintenance. Backed by a skilled workforce of over 700 professionals, the company continues to expand its clean energy output while delivering reliable, sustainable power across the country.

For the year/period ended (Rs. in Cr.)

FY26 FY25 FY24
Total Revenue 804.93 569.78 424.45
Profit After Tax 40.46 36.48 40.06
EPS 0.83 0.99 1.90
EBITDA Margin (%) 85.99 85.24 87.37
PAT Margin (%) 5.03 6.40 9.44

 

For year/ period ended ( in Cr.)

Company Name Market Cap (Cr.) Price P/BV P/E Sales (Cr.)
FY26
Net Profits(Cr.)
FY26
Juniper Green Energy Limited 12802.26* 225 3.21 316.9 804.93 40.46
ACME Solar Holdings Ltd 25175 356 4.23 50.6 2023 498
NTPC Green Energy Ltd 77379 91.8 4.12 127 2858 521
Adani Green Energy Ltd 226643 1376 11.3 117 12928 1987

*Market cap @upper band

 

  • One of India’s top 10 renewable energy independent power producers by total capacity.
  • Diversified portfolio across solar, wind, hybrid, and FDRE projects with BESS.
  • End-to-end in-house EPC and O&M capabilities with a proven execution track record.
  • Long-term power purchase agreements providing stable and predictable cash flows.
  • Strong project development capabilities supported by robust land acquisition, connectivity, and supply chain management.

The Company JUNIPER GREEN ENERGY LIMITED IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:

  • Repayment/pre-payment, in full or part of certain borrowings availed by Company (Rs. 683.24 Cr.)
  • Investment in Material Subsidiaries namely Juniper Green Gamma One Pvt.Ltd., Juniper Green Three Pvt.Ltd., Juniper Green Field Pvt.Ltd., Juniper Green Beam Pvt.Ltd., and Subsidiaries namely Juniper Green Kite Pvt.Ltd. and Juniper Green Ray Two Pvt.Ltd. for repayment/ pre-payment, in full or in part, of all or a portion of certain of their outstanding borrowings (Rs. 728.69 Cr.)
  • General Corporate Purposes

At the upper band of IPO Rs. 225, the stock is valued at 316.9 P/E multiple. Hence, well-informed investors would wait before subscribing for medium to long term perspective.