Juniper Green Energy Ipo
Juniper Green Energy IPO Review & Key Points
Review: May Apply
IPO Lead Managers aka Merchant Bankers
ICICI Securities Ltd.
HSBC Securities & Capital Markets (India) Pvt. Ltd.
JM Financial Ltd.
Kotak Mahindra Capital Co. Ltd.
| Name of the Company | Face Value (₹) | EPS basic (₹) | EPS Diluted (₹) | RONW (%) | P/E Ratio | NAV (₹) |
| Powerica Limited | 5 | 15.26 | 15.26 | 15.37 % | 24.45 | 99.76 |
| Listed Peers | ||||||
| Cummins India Limited | 2 | 72.15 | 72.15 | 26.45% | 64.13 | 272.78 |
| Kirloskar Oil Engines Limited | 2 | 33.71 | 33.60 | 15.85% | 43.24 | 212.60 |
| NTPC Green Energy Limited | 10 | 0.67 | 0.67 | 2.58% | 129.40 | 21.88 |
| Acme Solar Holdings Limited | 2 | 4.55 | 4.53 | 5.59% | 50.74 | 74.54 |
| Adani Green Energy Limited | 10 | 8.37 | 8.37 | 11.90% | 101.53 | 76.62 |
| IPO Open Date | July 30, 2026 |
| IPO Close Date | August 3, 2026 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹214 to ₹225 Per Share |
| Issue Size | Approx ₹1,800 Crores |
| Fresh Issue | Approx ₹1,800 Crores |
| Issue Type | Book Built Issue |
| IPO Listing | BSE, NSE |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 66 | ₹14,850 |
| Retail Maximum | 13 | 858 | ₹1,93,050 |
| S-HNI Minimum | 14 | 924 | ₹2,07,900 |
| S-HNI Maximum | 67 | 4,422 | ₹9,94,950 |
| B-HNI Minimum | 68 | 4,488 | ₹10,09,800 |
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | 2,39,73,333 Shares | 29.96% |
| QIB (Ex. Anchor) | 1,59,82,222 Shares | 19.98% |
| NII Shares Offered | 1,19,86,667 Shares | 14.98% |
| Retail Shares Offered | 2,79,68,889 Shares | 34.96% |
| Anchor Bidding Date | July 29, 2026 |
| Anchor Investors List | |
| Shares Offered | 2,39,73,333 Shares |
| Anchor Size | 539.40 Cr. |
| lock-in period end date 50% shares (30 Days) | Sep 3, 2026 |
| lock-in period end date 50% shares (90 Days) | Nov 2, 2026 |
| IPO Open Date: | July 30, 2026 |
| IPO Close Date: | August 3, 2026 |
| Basis of Allotment: | August 4, 2026 |
| Refunds: | August 5, 2026 |
| Credit to Demat Account: | August 5, 2026 |
| IPO Listing Date: | August 6, 2026 |
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 48,89,89,292 | 100% |
| Promoter Holding Post Issue | 56,89,89,292 | -% |
| Purpose | Crores |
| Repayment/pre-payment, in full or part of certain borrowings availed by our Company | ₹683.24 |
| 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 | ₹728.69 |
| General Corporate Purpose | ₹- |
| 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 |
| 2025 | ₹569.78 | ₹514.88 | ₹36.48 | ₹10,356.81 |
| 2026 | ₹804.93 | ₹749.74 | ₹40.46 | ₹19,538.45 |
| KPI | Values |
| ROE: | -% |
| ROCE: | -% |
| EBITDA Margin: | 85.99% |
| PAT Margin: | -% |
| Debt to equity ratio: | 2.75 |
| Earning Per Share (EPS): | ₹0.83 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 1.18% |
| Net Asset Value (NAV): | ₹70.02 |
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Acme Solar Holdings Limited | 8.24 | 47.21 | 9.86% | 91.03 | 2,023.38 Cr. |
| NTPC Green Energy Limited | 0.62 | 148.34 | 2.76% | 26.91 | 2,858.42 Cr. |
| Adani Green Energy Limited | 9.65 | 156.88 | 8.27% | 127.85 | 12,928.00 Cr. |
| Renew Global Energy PLC | 27.60 | 22.25 | 8.25% | 343.49 | 13,430.50 Cr. |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹184.81 | ₹154.97 | ₹32.10 | ₹251.58 |
| 2024 | ₹206.45 | ₹175.85 | ₹34.44 | ₹339.25 |
| 2025 | ₹322.58 | ₹261.43 | ₹28.13 | ₹455.49 |
| Dec 2025 | ₹236.50 | ₹186.96 | ₹38.69 | ₹561.34 |