Juniper Green Energy IPO opens in 2025 and closes in 2025. This is a mainboard Book Built Issue, and the company aims to raise around ₹3,000 crores through a mix of fresh issue of ₹ crores and an offer for sale of equity shares. The IPO price band is ₹ to ₹ per share. The allotment date is in 2025, and the listing will take place on BSE and NSE in 2025.
The company has shown strong financial growth in recent years. Revenue increased from ₹362.49 crores in 2023 to ₹424.45 crores in 2024, while profit improved significantly from a loss of ₹12.06 crores in 2023 to a profit of ₹40.06 crores in 2024. With consistent growth and a large renewable portfolio, investors may consider this IPO for the long term.
Contents
Juniper Green Energy IPO Details
| Particulars | Details |
|---|---|
| IPO Open Date | 2025 |
| IPO Close Date | 2025 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹ to ₹ Per Share |
| Issue Size | Approx ₹3,000 Crores |
| Fresh Issue | Approx ₹ Crores |
| Offer for Sale | Approx Equity Shares |
| Issue Type | Book Built Issue |
| IPO Listing | BSE, NSE |
| DRHP Draft Prospectus | View PDF |
| RHP Draft Prospectus | View PDF |
Juniper Green Energy IPO Review
The company operates one of India’s largest renewable power platforms with steady revenue growth and improving profitability.
With a strong pipeline, diversified project presence, and a growing asset base, Juniper Green Energy positions itself well for long-term expansion in the clean energy sector.
Juniper Green Energy IPO Market Lot
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | – | – | ₹ |
| Retail Maximum | – | – | ₹ |
| S-HNI Minimum | – | – | ₹ |
| S-HNI Maximum | – | – | ₹ |
| B-HNI Minimum | – | – | ₹ |
IPO Reservation
| Investor Category | Shares Offered | % Shares |
|---|---|---|
| Anchor Investor | – Shares | % |
| QIB (Ex-Anchors) | – Shares | 50% |
| NII | – Shares | 15% |
| Retail | – Shares | 35% |
- Also Read: Sudeep Pharma IPO
Juniper Green Energy IPO Anchor Investors
| Particulars | Details |
|---|---|
| Anchor Bidding Date | 2025 |
| Anchor Investors List | View PDF |
| Shares Offered | Shares |
| Anchor Size | Cr. |
| Lock-in End Date (50% – 30 Days) | 2025 |
| Lock-in End Date (50% – 90 Days) | 2025 |
Juniper Green Energy IPO Dates
| Event | Date |
|---|---|
| IPO Open Date | 2025 |
| IPO Close Date | 2025 |
| Basis of Allotment | 2025 |
| Refunds | 2025 |
| Credit to Demat | 2025 |
| IPO Listing Date | 2025 |
| Bidding Cut-off Time | 2025 – 5 PM |
Promoters and Shareholding
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre-Issue | 48,89,89,292 | 100% |
| Promoter Holding Post-Issue | – | % |
Objects of the Issue
The funds raised will be used for repayment or pre-payment of certain borrowings taken by the company, and a portion will also be used to invest in material subsidiaries such as Juniper Green Gamma One Pvt Ltd, Juniper Green Three Pvt Ltd, Juniper Green Field Pvt Ltd, Juniper Green Beam Pvt Ltd, and subsidiaries including Juniper Green Kite Pvt Ltd and Juniper Green Ray Two Pvt Ltd for reducing their outstanding borrowings.
The remaining amount will be allocated for general corporate purposes, supporting the company’s broader business operations and future growth plans.
About Juniper Green Energy
Juniper Green Energy is among India’s largest independent renewable power producers. The company develops, builds, and operates large-scale renewable energy projects backed by strong EPC and O&M capabilities. Starting with a 100 MW solar project in 2020, it has grown its total capacity to 7,898.45 MW (10,069.58 MWp) by May 2025.
It operates across Gujarat, Rajasthan, Maharashtra, and Madhya Pradesh, with a portfolio that includes solar, wind, WSH, and FDRE with BESS systems. Their end-to-end project integration approach supports India’s clean energy transition.
Juniper Green Energy IPO Financial Report (₹ in crores)
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | ₹362.49 | ₹372.64 | ₹12.06 | ₹3,212.01 |
| 2024 | ₹424.45 | ₹366.95 | ₹40.06 | ₹4,986.44 |
| December 2024 | ₹386.40 | ₹370.99 | ₹7.82 | ₹9,090.93 |
Juniper Green Energy IPO Valuation – FY2024
| KPI | Values |
|---|---|
| ROE | % |
| ROCE | % |
| EBITDA Margin | 87.37% |
| PAT Margin | % |
| Debt to Equity | 1.00 |
| EPS (Basic) | ₹1.90 |
| P/E Ratio | N/A |
| RoNW | 2.31% |
| NAV | ₹81.93 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Acme Solar Holdings Limited | 12.55 | 19.73 | 26.95% | 46.59 | ₹1,319.25 Cr. |
| NTPC Green Energy Ltd | 0.72 | 153.14 | 5.50% | 13.17 | ₹1,962.60 Cr. |
| Adani Green Energy Ltd | 6.21 | 152.85 | 11.19% | 62.01 | ₹9,220 Cr. |
| Renew Global Energy PLC | 9.94 | 57.19 | 3.24% | 287.18 | ₹8,339.90 Cr. |
IPO Lead Managers
• ICICI Securities Ltd.
• HSBC Securities & Capital Markets (India) Pvt Ltd
• JM Financial Ltd
• Kotak Mahindra Capital Co. Ltd
Company Address
Juniper Green Energy Ltd.,
1103A & 1103B, 11th Floor,
Hemkunt Chamber, 89,
Nehru Place, New Delhi – 110019
Phone: +91 124 473 9600
Email: investors@junipergreenenergy.com
Website: www.junipergreenenergy.com
IPO Registrar
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: junipergreen.ipo@kotak.com
Website: ipostatus.kfintech.com
Juniper Green Energy IPO FAQs
What is Juniper Green Energy IPO?
It is a mainboard IPO worth ₹3,000 crores, priced between ₹ to ₹ per share, and will be listed on BSE and NSE.
When will Juniper Green Energy IPO open?
The IPO will open in 2025 and close in 2025.
What is the investor allocation in this IPO?
QIBs get 50%, NIIs 15%, and Retail Investors 35%.
How to apply for the IPO?
You can apply via ASBA through your bank or online UPI-based applications through your stockbroker.
What is the issue size?
The total issue size is ₹3,000 crores.
What is the lot size?
Investors can apply for a minimum of shares.
What is the allotment date?
The allotment will be finalised in 2025.
When is the listing date?
The shares will list on BSE and NSE in 2025.
Expert Comment
Juniper Green Energy stands out as a fast-growing renewable energy platform with improving fundamentals and an expanding asset base.
The strong EPC and O&M infrastructure, diversified projects, and steady cash flows make it a promising long-term green energy play. Investors looking for sustainable sector exposure can keep this IPO on their radar.







