Juniper Green Energy IPO
Open Date
30 Jul 2026
Close Date
3 Aug 2026
Open Date
30 Jul 2026
Close Date
3 Aug 2026
Min Investment
Lot Size
Issue Size
Price Range
Subscribed

Founded In
2011
CEO
Arvind Tiku
Financials of Juniper Green Energy IPO
| Key Performance Indicators | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Operating Revenue | 391.55 | 508.68 | 718.93 |
| Other Income | 32.90 | 61.10 | 86.00 |
Total Income | 424.45 | 569.78 | 804.93 |
Total Expenses | 366.95 | 514.88 | 749.74 |
| Profit Before Tax | 57.50 | 54.90 | 55.19 |
Total Profit | 40.06 | 36.48 | 40.46 |
All figures are in crores (₹)

Utilisation of Proceeds
All figures are in crores (₹)
| Purpose | Amount |
|---|---|
| The company intends to utilize funds towards full or partial repayment/prepayment of borrowings to reduce outstanding indebtedness, maintain favorable debt-equity ratio, and enable utilization of internal accruals for business growth and expansion. | 683 |
| The company proposes to invest in Juniper Green Gamma One Private Limited, Juniper Green Kite Private Limited and Juniper Green Power Five Private Limited for repayment/prepayment of their outstanding borrowings to reduce consolidated indebtedness. | 729 |
| The company intends to deploy balance funds towards general corporate purposes including funding growth opportunities, bidding for projects, meeting corporate contingencies, employee expenses, and other purposes approved by the Board. | - |

- Top 10 Renewable Energy Independent Power Producer in India: The company is among the top 10 largest renewable IPPs in India in terms of Total Capacity as at March 31, 2026, with 7,910.20 MW (10,247.06 MWp) across 50 projects, focusing on complex renewable energy projects like WSH and FDRE.
- Proven Land Acquisition and Grid Connectivity Capabilities: The company has secured more than 12,000 acres for solar projects and more than 300 WTG locations, with surplus grid connectivity of 1,688.00 MW at CTU level available for future projects beyond current requirements.
- Long-term Power Purchase Agreements with Strong Counterparties: The company has 97.68% of Total Capacity backed by long-term PPAs (typically 25 years) with creditworthy counterparties rated 'A' or above, providing stable cash flows with shortest receivable days of 21.88 days in Fiscal 2026.
- Track Record of Early Project Commissioning: The company has commissioned operational projects ahead of schedule by a weighted average of 147 days, with one solar project completed 552 days ahead and one wind project 222 days ahead of schedule.
- Established Supply Chain De-risking Strategy: The company has secured long-term agreements with market leaders including 200 WTGs from Envision, 1 GW solar modules from First Solar, and comprehensive 25-year O&M contracts with suppliers ensuring quality and timely procurement.
- Experienced Promoters and Strong Financial Support: The company benefits from ₹32,824.63 million in equity support, U.S.$40.00 million standby letter of credit, ₹4,671.86 million in corporate guarantees, and ₹10,037.00 million in guarantees from promoters, maintaining net debt to equity of 2.75.

