Juniper Green Energy to Launch INR 1,800 Crore IPO on July 30; Price Band Fixed at INR 214–225 Per Share

Renewable energy developer Juniper Green Energy Limited has announced that its ₹1,800 crore initial public offering (IPO) will open for subscription on July 30, 2026, with the price band fixed at ₹214 to ₹225 per equity share.

The IPO comprises a fresh issue of equity shares aggregating up to ₹1,800 crore. The anchor investor bidding will take place on July 29, 2026, while the public issue will remain open from July 30 to August 3, 2026.

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.

According to the company, the proceeds from the fresh issue will primarily be used to repay or prepay certain outstanding borrowings of Juniper Green Energy and its subsidiaries. The company will also invest in its material subsidiary, Juniper Green Gamma One Private Limited, and its subsidiaries, Juniper Green Kite Private Limited and Juniper Green Power Five Private Limited, to support the repayment or prepayment of their outstanding debt. The remaining proceeds will be allocated towards general corporate purposes.

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 (BRLMs) for the issue.

The IPO marks a significant step in Juniper Green Energy’s capital-raising strategy as the company seeks to strengthen its balance sheet and support its renewable energy growth plans.