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Juniper Green Energy IPO set to debut on Aug. 6 on BSE and NSE
The issue, which raised bids across categories including 24.9x in QIBs, has a grey market premium of ₹16.5, implying an estimated listing price near ₹241.5 per share.
Juniper Green Energy is set to make its stock market debut on August 6, with shares set to list on both BSE and NSE, LiveMint Markets reported. The IPO was open for subscription from July 30 to August 3, 2026, and carried a price band of ₹214 to ₹225 per equity share.
According to BSE data cited by LiveMint Markets, the IPO was subscribed 7.97 times on the third day of bidding. The QIB portion was subscribed 24.9 times, NIIs were booked 1.82 times, and the retail quota was booked at 93%.
LiveMint Markets also pointed to grey market conditions, noting the IPO was commanding a grey market premium of ₹16.5. Using the upper end of the price band at ₹225 and the prevailing GMP, shares were expected to list around ₹241.5 each, which would suggest a potential listing gain of 7.3%.
The IPO consists of a fresh issue of equity shares aggregating up to ₹1,800 crore, with proceeds earmarked for repayment plans and investments in material subsidiaries. LiveMint Markets said the company plans to use ₹683.2 crore from net proceeds to repay or prepay certain borrowings, and invest ₹728.7 crore in subsidiaries Juniper Green Gamma One, Juniper Green Kite, and Juniper Green Power Five to help repay or prepay their existing debt.