🚫 Avoid
Upcoming
Power
Juniper Green Energy Limited IPO
₹1,800 Cr · Fresh Issue · Power
Price Band
₹214 – ₹225
Lot: 66 shares (₹14,850)
GMP (Grey Market)
₹17 (+7.56%)
Est. listing ₹242
Issue Size
₹1,800 Cr
Fresh Issue
Market Cap
₹12802.26 Cr
At upper band
P/E Ratio
316.4x
P/S: 17.8x
Listing Date
06 Aug 2026
BSE & NSE
IPO Timeline
✓
Opens
30 Jul 2026
✓
Closes
03 Aug 2026
📋
Allotment
4 Aug 2026
₹
Refund
5 Aug 2026
📈
Listing
06 Aug 2026
IPO India Hub Recommendation: Avoid
The company has a high valuation and a volatile industry. Avoid this IPO due to the high P/E ratio of 316.4x
Our Analysis — Key Points
✓ Strength
Growing Revenue
The company has shown revenue growth, with the latest fiscal year's revenue at ₹718.93 Cr. This indicates a strong market presence. The company is expanding its capacity and has a diversified portfolio.
✓ Strength
Experienced Promoters
The promoters, including ARVIND TIKU and HEMANT TIKOO, have significant experience in the industry. This provides a layer of trust and stability for investors.
⚠ Risk
High Valuation Risk
The company's high valuation makes it risky. The P/E ratio of 316.4x and P/S ratio of 17.8x are high compared to industry standards. This high valuation leaves less room for error in future performance.
$ Valuation
Expensive Compared to Peers
The company's P/E ratio of 316.4x is extremely high. This suggests that investors are paying a premium for the company's earnings. The P/S ratio of 17.8x also indicates an expensive valuation, making it a risky investment.
Top Analyst Reviews
| Analyst / Firm | Rating | Known For | Review |
|---|---|---|---|
| IPO India Hub Our independent review |
Original analysis based on DRHP & public financials | This page | |
| Dilip Davda Chittorgarh.com |
India's most followed independent IPO analyst | Search on Chittorgarh → | |
| Capital Market (CM Rating) CapitalMarket.com |
Widely-cited "New Issue Monitor" reports | Search on CapitalMarket → | |
| ICICI Securities ICICIdirect Research |
SEBI-registered broker research desk | Visit ICICIdirect → | |
| IPO Guru Analyst Leaderboard ipoguru.in |
Ranks 49 analysts by real IPO outcome accuracy | View leaderboard → |
External links go to each platform's IPO section — search for "Juniper Green Energy Limited" to find the specific review. IPO India Hub does not represent the accuracy of third-party ratings.
Company Snapshot
Revenue
₹718.93 Cr
Net Profit
₹40.46 Cr
Industry
Power
Issue Type
Fresh Issue
Promoters
ARVIND TIKU, HEMANT TIKOO, NIHARIKA TIKU, AT HOLDINGS PTE. LTD. AND JUNIPER RENEWABLE HOLDINGS PTE. LTD.
Lead Managers
ICICI Securities, HSBC Securities, JM Financial and Kotak Mahindra Capital
Quick Actions
Frequently Asked Questions
Avoid. The company has a high valuation and a volatile industry. Avoid this IPO due to the high P/E ratio of 316.4x
The current grey market premium (GMP) is ₹17, which is 7.56% above the upper band price of ₹225. This implies an estimated listing price of around ₹242. GMP is informal and unregulated — treat it as a sentiment indicator, not a guarantee.
The minimum lot size is 66 shares. At the upper band price of ₹225, the minimum investment per retail application is ₹14,850. You can apply for up to 13 lots (₹193,050) under the retail category (up to ₹2 lakh).
The IPO opens on 30 Jul 2026. It closes on 03 Aug 2026. Allotment is expected on 4 Aug 2026. Refunds initiate on 5 Aug 2026. Listing on BSE and NSE is on 06 Aug 2026.
The lead managers for the IPO are ICICI Securities, HSBC Securities, JM Financial and Kotak Mahindra Capital. Check the SEBI filing for the registrar details.
Our analysis recommends <strong>Avoid</strong>. We suggest skipping this IPO before the issue closes on 03 Aug 2026. The minimum investment is ₹14,850 for one lot (66 shares). The company has a high valuation and a volatile industry. Avoid this IPO due to the high P/E ratio of 316.4x
Our analysis recommends <strong>Avoid</strong>. We suggest skipping this IPO before the issue closes on 03 Aug 2026. The IPO is priced at a P/E of 316.4x. Market cap at issue price is ₹12802.26 Cr. As with all IPOs, please read the DRHP and assess your own risk tolerance before investing.
You can apply via UPI through your broker's trading app (Zerodha, Upstox, Fyers, etc.) or via ASBA through your net banking portal. The minimum lot is 66 shares at ₹225 each, costing ₹14,850 per application. The issue closes on 03 Aug 2026, so apply before that date. Step 1: Log in to your broker or bank app. Step 2: Go to IPO section and search for 'Juniper Green Energy Limited'. Step 3: Enter the number of lots and UPI ID. Step 4: Accept the mandate on your UPI app.
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