Juniper Green Energy IPO Subscription Status Day 2: Institutional Buying Picks Up As Overall Demand Improves

Mumbai, July 31: Juniper Green Energy IPO continued to attract investors on the second day of bidding, with subscription levels improving over the opening session. Although the ₹1,800 crore public issue remained below the fully subscribed mark by late morning, institutional investors stepped up participation, providing a noticeable boost to the overall demand.

Exchange data available till 11:54 AM showed the IPO subscribed 0.46 times, improving from 0.38 times on the first day. The biggest contribution came from the QIB (Ex Anchor) category, which was subscribed 1.25 times, indicating healthy participation from institutional investors. In contrast, demand from retail and non-institutional investors remained measured, suggesting many applicants could still be waiting until the final day to place their bids.

The employee portion continued to see strong interest, remaining comfortably above the one-time mark, while the NII segment was yet to gather momentum. Such trends are fairly common in large mainboard IPOs, where subscription levels often accelerate significantly during the final bidding session.

Juniper Green Energy IPO Subscription Status Day 2

As of 11:54 AM on July 31, the subscription stood at:

• Overall: 0.46 times

• QIB (Ex Anchor): 1.25 times

• Retail: 0.18 times

• NII: 0.07 times

• bNII: 0.04 times

• sNII: 0.13 times

• Employees: 1.50 times

Subscription Trend

Investor participation has strengthened since the IPO opened.

While the overall subscription has improved modestly, institutional demand has emerged as the key driver on Day 2. Market participants will now watch whether retail and HNI applications gather pace on the final day of bidding.

Juniper Green Energy IPO Details

Juniper Green Energy IPO is a ₹1,800 crore book-built public issue comprising entirely a fresh issue of 8,00,09,150 equity shares. There is no offer for sale in the issue.

The company has fixed the price band at ₹214 to ₹225 per share.

Retail investors can apply for a minimum of 66 shares, requiring an investment of ₹14,850 at the upper end of the price band. Employees are eligible for a ₹21 per share discount.

Reservation Break-Up

The net issue has been reserved as follows:

• QIB: 3,99,55,555 shares (50%)

• NII: 1,19,86,667 shares (15%)

• Retail: 2,79,68,889 shares (35%)

Additionally, 98,039 shares have been reserved for employees. Ahead of the IPO opening, the company mobilised ₹539.40 crore from anchor investors.

Key Dates

• IPO Opens: July 30, 2026

• IPO Closes: August 3, 2026

• Expected Allotment: August 4, 2026

• Refund Initiation: August 5, 2026

• Credit of Shares: August 5, 2026

• Tentative Listing: August 6, 2026 on the BSE and NSE

About Juniper Green Energy Ltd.

Incorporated in 2011, Juniper Green Energy is one of India’s leading renewable energy independent power producers (IPPs). The company develops, builds, owns and operates utility-scale renewable energy projects across solar, wind, hybrid and firm & dispatchable renewable energy segments. As of June 30, 2026, it had a renewable energy portfolio of 7,910.20 MW (10,247.06 MWp) spanning operational, under-construction and awarded projects.

Conclusion

Juniper Green Energy IPO has recorded a steady improvement in subscription on the second day, largely supported by institutional investors, while retail and HNI participation remains relatively subdued. With one full trading session still remaining before the issue closes, investors will be closely watching whether broader participation picks up and pushes overall subscription higher on the final day.

Source:

• https://www.chittorgarh.net/reports/anchor-investor/juniper-green-energy-ipo-anchor-allocation-letter.pdf