Juniper Green Energy IPO
Juniper Green Energy IPO is a mainboard IPO raising ₹1,800 Cr at ₹214 – ₹225 a share. It listed on 6 Aug 2026 at ₹245, +8.9% against its issue price of ₹225, and trades at ₹266 today (+18.2% since issue). It was subscribed 7.97× in total.
8.0 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Where your money goes
Only the fresh issue reaches the company. The offer for sale is existing shareholders selling their own stock — that money goes to them, not the business.
A red herring prospectus is filed before the price is fixed, so it states share counts rather than rupee amounts. fresh issue stated + OFS by subtraction from exchange total Rs1800 Cr. Checked: exchange issue size Rs1800 Cr vs derived Rs1800 Cr (0.0% apart).
What the fresh money funds
The stated uses of the net proceeds, from the prospectus’s Objects of the Issue table. Only the fresh issue funds these — the offer-for-sale money goes to the selling shareholders above.
As stated in the prospectus. “General corporate purposes” is the part with no committed use; SEBI caps it at 25% of the issue.
The price they’re asking
From the prospectus’s own “Basis for Issue Price” — the issuer’s earnings multiple against the peers it chose to compare itself with.
Priced 177% above the median multiple of the peers the issuer itself names.
| Listed peer (issuer’s choice) | P/E | RoNW | EPS |
|---|---|---|---|
| ACME Solar Holdings Limited | 47.21× | 9.86% | ₹8.16 |
| NTPC Green Energy Limited | 148.34× | 2.76% | ₹0.62 |
| Adani Green Energy Limited | 156.88× | 8.27% | ₹9.65 |
| Renew Global Energy PLC | 22.25× | 8.25% | ₹27.24 |
| This issue | 271.1× | 1.18% | ₹0.83 |
derived: cut-off price Rs225 / stated EPS Rs0.83 (FY26 (year ended March 31, 2026) diluted EPS, restated consolidated, Ind AS 33). Peer figures are as printed in the prospectus — they date from its filing, not today. A multiple is one lens, not a verdict.
Terms of the issue
The mechanics of what is being sold. Held for every issue we track.
Not here yet
The anchor-investor allocation — which institutions were allotted shares before bidding opened — is still to be read out of its document.