Q2. Why is the company raising funds via IPO?

Juniper Green Energy is raising funds via IPO to reduce the company’s high debt and invest in subsidiaries and projects, improving financial stability.

Q3. What is the size of the issue and where will it list?

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.

Q4. What are the key risks to an investor?

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.

Q5. What are the potential upsides?

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.

Q6. How to apply for the IPO?

Investors can apply for the IPO through ASBA via net banking or using UPI through registered stock brokers once the IPO opens for subscription.

Juniper Green Energy Limited

Upcoming

Juniper Green Energy Limited

Market Cap

—

IPO Issue Size

₹ 3000 Cr

Expected Price by IPOCorner

—

IPO Score

*Score varies on actual price

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.

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

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.It 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.

Subscription date to apply for Juniper Green Energy Limited is yet to be announced. Price band for the IPO is yet to be declared.

Year	2025
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	Rs.10 per Equity Share

IPO Important Dates

#	Date
Open Date	TBA
Close Date	TBA
Anchor Investor Bidding	TBA
Allotment Date	TBA
Refunds& Demat Credit	TBA
Tentative Listing Date	TBA

Use Of Proceeds

Purpose	Amount
Subsidiary Investment	₹ 1157.72 Cr
Borrowing repayment/ prepayment	₹ 1092.27 Cr
-	-
-	-
-	-
General Corporate Purpose	Balance

Financial Data

#	2023	2024	2025
Revenue (₹ Cr)	170.53	331.3	391.55
PAT (₹ Cr)	27.22	-12.05	40.06
Asset (₹ Cr)	3070.83	3212.01	4986.44
Net Worth (₹ Cr)	791.95	782.98	1731.69

IPO Grey Market Premium

Date	IPO Price	IPO GMP	Profit Per Lot
23-Aug	₹ –	₹ –	₹ –
22-Aug	₹ –	₹ –	₹ –
21-Aug	₹ –	₹ –	₹ –
20-Aug	₹ –	₹ –	₹ –
19-Aug	₹ –	₹ –	₹

Pros

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.

Cons

The company currently has high debt, which can affect profitability and financial flexibility.
Large dependence on a few major customers/off-takers 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).

Promoters – Pre offer equity (Approx)

Promoters	% Shares
Juniper Renewable	~ 100 %
-	-
-	-
-	-
-	-
-	-

Lot Size details

Application Type	Lot Size	No. of Lot	No. of Shares	Investment Amount
Retail (Min)	–	1	–	₹ –
Retail (Max)	–	13	–	₹ –
HNI (Min)	–	14	–	₹ –
HNI (Max)	–	66	–	₹ –
Big HNI (Min)	–	67	–	₹ –

Key Performance Index (KPI)

ROE	00
ROCE	00
RoNW	00

Lead / Book Running Lead Managers

ICICI Securities Limited HSBC Securities and Capital Markets (India) Private Limited, JM Financial Limited, Kotak Mahindra Capital Company Limited

Registrar (RTA)

KFin Technologies Limited

Q1. What is the business of Juniper Green Energy Limited?

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.

Q2. Why is the company raising funds via IPO?
Juniper Green Energy is raising funds via IPO to reduce the company’s high debt and invest in subsidiaries and projects, improving financial stability.
Q3. What is the size of the issue and where will it list?
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.
Q4. What are the key risks to an investor?
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.
Q5. What are the potential upsides?
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.
Q6. How to apply for the IPO?
Investors can apply for the IPO through ASBA via net banking or using UPI through registered stock brokers once the IPO opens for subscription.