Juniper Green Energy’s ₹1,800 Crore IPO Opens on July 30

Solar-Wind-Hybrid-Projects
Image Courtesy: Juniper Green Energy

Juniper Green Energy Limited has announced that its ₹1,800 crore Initial Public Offering (IPO) will open for public subscription on July 30, 2026. The issue consists entirely of a fresh issue of equity shares and aims to support the company’s growth plans while strengthening its financial position.

The anchor investor bidding will take place on July 29, 2026. The public issue will remain open from Thursday, July 30, until Monday, August 3, 2026. The company has fixed the price band at ₹214 to ₹225 per equity share with a face value of ₹10 each. Investors can bid for a minimum of 66 equity shares and in multiples of 66 shares thereafter. Eligible employees applying under the employee reservation category will receive a discount of ₹21 per equity share.

The company plans to use the net proceeds from the fresh issue primarily to reduce its debt burden. A significant portion of the funds will be used for the repayment or prepayment of certain outstanding borrowings of Juniper Green Energy. The company will also invest in its material subsidiary, Juniper Green Gamma One Private Limited, along with its subsidiaries Juniper Green Kite Private Limited and Juniper Green Power Five Private Limited, to help them repay or prepay their existing borrowings. The remaining amount will be used for general corporate purposes.

The IPO marks an important milestone for Juniper Green Energy as it continues to expand its renewable energy portfolio across the country. The company has steadily built its presence in India’s clean energy sector by developing and operating large-scale solar, wind and hybrid renewable energy projects.

Juniper Green Energy currently has an operational renewable energy capacity of 1.1 GWp. Since its establishment in 2018, the company has focused on the complete lifecycle of renewable energy projects, including project identification, development, construction, commissioning and operations. Its integrated approach has enabled it to participate in several utility-scale renewable energy projects across India.

The company believes the proposed fund raising will improve its financial flexibility while supporting future business growth and strengthening its project execution capabilities. The investment will also help the company enhance its balance sheet as demand for renewable energy continues to grow across the country. ICICI Securities Limited, HSBC Securities and Capital Markets (India) Private Limited, JM Financial Limited and Kotak Mahindra Capital Company Limited are acting as the Book Running Lead Managers for the issue.

Juniper Green Energy is an independent renewable energy power producer headquartered in Delhi NCR and is part of Singapore-based AT Capital Group. The group has investments across renewable energy, real estate and financial services in India, the Gulf region, Europe and the United States. In India, AT Capital Group also operates Experion Developers and Experion Capital, further strengthening its presence across infrastructure and real estate sectors.