Juniper Green Energy Limited

Juniper Green Energy Limited (NEW IPO): GMP, Price, Review, Profit

by

 Juniper Green Energy Limited is an independent renewable power producer engaged in developing, building, and operating large-scale renewable energy projects such as solar, wind, and hybrid power plants. The company focuses on generating clean electricity and managing end-to-end project execution including EPC and operations & maintenance for its power assets.

It provides end-to-end services such as project development, EPC (engineering, procurement & construction), and operations & maintenance for renewable energy assets. It supplies renewable electricity through large utility-scale power projects to utilities and power purchasers.

Juniper Green Energy has ~1.1 GW operational renewable capacity with a pipeline of ~5.5 GW projects, supplying clean energy that can power hundreds of thousands of households in India.

Juniper Green Energy Limited was incorporated in 2018 & currently Mr. Ankush Malik serves as the Chief Executive Officer of the company.

Juniper Green Energy Limited has filed its DRHP with SEBI for a proposed IPO featuring entirely as a Fresh Issue of ₹ 3,000 Crore and no Offer for Sale (OFS).

Subscription date to apply for the IPO is yet to be announced. Price band for the IPO is also pending to be declared.

Check DRHP
Check IPO Allotment
Visit Official Website
Issue Size:₹ 3,000 Cr
Fresh Issue:₹ 3,000 Cr
Offer for Sale:₹ 00 Cr
Price Range:TBA
Lot Size:TBA
GMPPending

Juniper Green Energy Limited important data points

Revenue, PAT, EBITDA

YearFiscal 2024
Networth₹ 1731.69 Cr
Revenue:₹ 391.55 Cr
EBITDA₹ 370.84 Cr
PAT₹ 40.06 Cr
EBITDA Margin:~ 87.37%
PAT Margin~ 10.23%
Face Value:₹ 10

IPO important dates

Open Date:TBA
Close Date:TBA
Anchor Investor BiddingTBA
Allotment Date:TBA
Refunds & Demat CreditTBA
Tentative Listing Date:TBA

Use of Proceeds

PurposeAmount
Subsidiary Investment₹ 1157.72 Cr
Working Capital Requirement₹ 00 Cr
Borrowing prepayment/repayment₹ 1092.27 Cr
General Corporate PurposeBalance

Juniper Green Energy Limited Financial Data

202220232024
Revenue (₹ Cr)₹ 170.5₹ 331.3₹ 391.6
PAT (₹ Cr)₹ 27.2₹ -12.1₹ 40.1
Asset (₹ Cr)₹ 3,070.8₹ 3,212.0₹ 4,986.4
Net Worth (₹ Cr)₹ 792.0₹ 783.0₹ 1,731.7

Juniper Green Energy Limited IPO Grey Market Premium

DateIPO PriceIPO GMPProfit per lot
20-May₹ –₹ –₹ –
19-May₹ –₹ –₹ –
18-May₹ –₹ –₹ –
17-May₹ –₹ –₹ –
16-May₹ –₹ –₹ –
Juniper Green Energy Limited

Juniper Green Energy Limited Pro’s and Con’s

Strengths:

  • Operates in the fast-growing renewable energy sector, which has strong government support and future demand.
  • Diversified portfolio of solar, wind, and hybrid power projects, reducing dependence on a single energy source.
  • Most projects are backed by long-term Power Purchase Agreements (PPAs), ensuring relatively stable revenue.
  • Strong promoter and investor backing with experience in global energy markets.
  • IPO funds will mainly be used for debt repayment and project expansion, which may improve financial stability.

Risks:

  • The company currently has high debt, which can affect profitability and financial flexibility.
  • Large dependence on a few major customers for most of its revenue.
  • Renewable energy projects require high capital investment and long development timelines.
  • Business performance depends on government policies and renewable energy tariffs.
  • Revenue can be affected by weather conditions (solar radiation, wind availability).

Juniper Green Energy Limited Promoters – Pre offer equity (Approx)

Promoters%Shares
Juniper Renewable100 %
––
––
––
––
––

Juniper Green Energy Limited Lot Size details

Application TypeLot SizeNo. of LotNo. of SharesInvestment Amount
Retail (Min)–1–₹ –
Retail (Max)–13–₹ –
HNI (Min)–14–₹ –
HNI (Max)–66–₹ –
Big HNI (Min)–67–₹ –

Lead Managers / Registrars of Juniper Green Energy Limited

Lead / Book Running Lead ManagersICICI Securities Limited,
HSBC Securities and Capital Markets (India) Private Limited,
JM Financial Limited,
Kotak Mahindra Capital Company Limited
Registrar (RTA)KFin Technologies Limited

Juniper Green Energy Limited FAQ’s

  • It develops, builds, and operates utility-scale renewable energy projects such as solar, wind, and hybrid plants, generating electricity and selling it to government-backed utilities and other power buyers.
  • Juniper Green Energy is raising funds via IPO to reduce the company’s high debt and invest in subsidiaries and projects, improving financial stability.
  • The issue size of the IPO comprises entirely as a Fresh Issue of up ₹ 3000 Cr. It will be listed on BSE and NSE platform.
  • Key risks include heavy dependence on a few electricity buyers, high debt levels, and challenges in executing large renewable projects or winning competitive energy auctions.
  • Upsides include strong growth in renewable energy demand, long-term power purchase agreements, and a large project pipeline could support stable revenues and long-term growth potential.
  • Investors can apply for the IPO through ASBA via net banking or using UPI through registered stock brokers once the IPO opens for subscription.

For more amazing blogs click here (IPO Corner).

Leave a comment