Renewable power developer Juniper Green Energy Limited has fixed a price band of Rs 214 to Rs 225 per equity share for its upcoming Rs 1,800 crore IPO. The bidding window for the issue will open on Thursday, July 30, 2026, and close on Monday, August 3, 2026. Bidding for anchor investors is scheduled for Wednesday, July 29, 2026.
IPO consists of a fresh issue of equity shares aggregating up to Rs 18,000 million (Rs 1,800 crore). Investors can apply for a minimum lot size of 66 equity shares and in multiples of 66 shares thereafter. Eligible employees participating through the reserved portion will be offered a discount of Rs 21 per equity share.
Where Goes Capital
Net capital raised from the issuance is planned to be allocated toward structural balance sheet cleanup. The firm intends to utilise proceeds for full or partial repayment and prepayment of outstanding borrowings taken by the parent entity, alongside capital injections into its material subsidiary Juniper Green Gamma One Private Limited and step-down subsidiaries Juniper Green Kite Private Limited and Juniper Green Power Five Private Limited for similar debt servicing. The remaining balance will be directed toward general corporate requirements.
Capital restructuring comes at a time when clean energy operators are strengthening balance sheets to expand solar and wind capacity footprints. Book running lead managers managing the public issue include ICICI Securities Limited, HSBC Securities and Capital Markets (India) Private Limited, JM Financial Limited, and Kotak Mahindra Capital Company Limited.
"The capital raised through the fresh issue will be directed towards debt prepayment across the parent enterprise and key operating subsidiaries," said an official company spokesperson regarding the offer details. "This strategic move reduces overall leverage, strengthens corporate balance sheets, and allows the remaining net proceeds to support general corporate growth objectives."
IPO Last Date
Following the close of the IPO subscription window on August 3, basis of allotment will be determined before equity shares commence trading on public markets. Debt reduction achieved through the net proceeds is projected to enhance financial flexibility for ongoing utility scale clean energy deployments.
Juniper Green Energy Limited is an independent power producer engaged in developing, constructing, and operating solar, wind, and hybrid clean energy projects across India. Based in New Delhi, the enterprise develops infrastructure assets to supply green power to utility networks and industrial consumers across domestic energy markets.
