Juniper Green Energy IPO
Infrastructure Developers & Operators • ₹1800cr
High risk because:
- 5 material risk factors disclosed in DRHP
- Working capital or debt pressure highlighted in DRHP
- Muted IPO demand (0.0x overall subscription)
IPOFins risk score from DRHP risk factors, subscription demand & issue structure
Price Band
₹214-225
Lot Size
66 shares
Issue Size
₹1800cr
Open
30 Jul 2026
Close
03 Aug 2026
Subscription
0.02×
GMP +₹17 → est. ₹242
IPO Schedule
| Issue Open Date | 30 Jul 2026 |
| Issue Close Date | 03 Aug 2026 |
| Allotment Date | 04 Aug 2026 |
| Listing Date | 06 Aug 2026 |
About Juniper Green Energy
Juniper Green Energy Limited is an independent power producer in India that develops, builds, owns, operates, and maintains utility-scale grid-connected renewable energy projects. Its portfolio includes solar, wind, wind-solar hybrid, and firm and dispatchable renewable energy projects, some of which integrate battery energy storage systems. The company’s primary revenue generation comes from the sale of electricity under long-term power purchase agreements, typically spanning 20 to 25 years, with central and state government entities and power distribution companies. Additionally, it generates revenue through merchant power sales on energy exchanges, short-term bilateral power purchase agreements, and the sale of voluntary emission reductions and renewable energy certificates. With project operations located in Gujarat, Maharashtra, Rajasthan, and Madhya Pradesh, the company handles end-to-end development, including site selection, land procurement, grid connectivity, engineering, procurement, construction, and ongoing facility operations. Discuss on Trading Q&A
Company Details
Founders / Promoters
Mr. Arvind Tiku
Founded
2011
Registrar
KARVY
Documents
DRHP / RHP Document (PDF)
View official prospectus →
Subscription Status
0.02×
Total Subscription
Grey Market Premium (GMP)
Issue Price
₹225
GMP
+₹17
Est. Listing
₹242
Est. Gain
+7.6%
GMP is unofficial grey market data — not regulated by SEBI. Use only as a sentiment indicator alongside subscription data. View all IPO GMP →
Investment Analysis
Juniper Green Energy — IPOFins Verdict
QuantitativeDriven by overall subscription of 0.0x and elevated disclosed risk (8/10). The signals look weak — weigh the risks carefully. This is a quantitative flag, not a recommendation.
- The company has an established track record in developing and operating utility-scale solar and wind power projects across key strategic states in India.
- The business model relies on long-term power purchase agreements, typically spanning 20 to 25 years, ensuring stable and predictable revenue streams.
- The company possesses a diversified portfolio encompassing solar, wind, wind-solar hybrid, and firm and dispatchable renewable energy projects integrated with energy storage.
- The company maintains proven operational and in-house execution capabilities spanning site selection, land procurement, grid connectivity, and ongoing plant maintenance.
- The company has established supply chain de-risking strategies and long-term procurement agreements for critical components like solar modules and wind turbines.
Score breakdown — what drove this verdict
High risk from DRHP → score -1.2
Total demand signal → score −1.5
Base score: 5.0 · Final score = base + all factor adjustments, capped 1–10. Full methodology →
IPOFins Score is a quantitative signal from subscription demand, disclosed risk, and listing data — not investment advice. Not SEBI-registered.
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FAQ
What is the price band of Juniper Green Energy IPO?
The price band is ₹214-225 per share with a lot size of 66 shares. Minimum investment: ₹14,850.
What does Juniper Green Energy do?
Juniper Green Energy Limited is an independent power producer in India that develops, builds, owns, operates, and maintains utility-scale grid-connected renewable energy projects. Its portfolio includes solar, wind, wind-solar hybrid, and firm and dispatchable renewable energy projects, some of which integrate battery energy storage systems. The company’s primary revenue generation comes from the sale of electricity under long-term power purchase agreements, typically spanning 20 to 25 years, with central and state government entities and power distribution companies. Additionally, it generates revenue through merchant power sales on energy exchanges, short-term bilateral power purchase agreements, and the sale of voluntary emission reductions and renewable energy certificates. With project operations located in Gujarat, Maharashtra, Rajasthan, and Madhya Pradesh, the company handles end-to-end development, including site selection, land procurement, grid connectivity, engineering, procurement, construction, and ongoing facility operations. Discuss on Trading Q&A
Should I apply for Juniper Green Energy IPO?
Juniper Green Energy is drawing muted interest at 0.0x overall subscription. IPOFins Score 2/10: Driven by overall subscription of 0.0x and elevated disclosed risk (8/10). The signals look weak — weigh the risks carefully. This is a quantitative flag, not a recommendation.
Who founded Juniper Green Energy?
Juniper Green Energy was founded by Mr. Arvind Tiku in 2011.