Juniper Green Energy IPO - Listing Performance & Details

Juniper Green Energy Limited was originally incorporated as AT Capital Advisory India Private Limited in New Delhi in December 2011, and renamed Juniper Green Energy Private Limited in December 2018. Its registered office is in New Delhi, with a corporate office in Gurugram, Haryana. The company works in the renewable power generation sector.

The company develops, owns, and operates utility-scale renewable energy projects, including solar, wind, and hybrid installations along with battery energy storage systems, and provides in-house engineering, procurement, construction (EPC) and operations and maintenance (O&M) services. As of March 31, 2025, it had about 3.1 GW of operational capacity, with a further pipeline of around 4.8 GW under construction and development, and operations spread across states including Gujarat, Rajasthan, Maharashtra, and Madhya Pradesh. Over 97% of its operational capacity is tied to long-term power purchase agreements, with counterparties including SECI, SJVN, NHPC, NTPC, and Tata Power Company Limited. The promoters are Arvind Tiku, Hemant Tikoo, Niharika Tiku, AT Holdings Pte. Ltd., and Juniper Renewable Holdings Pte. Ltd.

On a restated basis, revenue from operations was Rs 391.55 crore in FY24. The IPO is a mainboard, 100% book-built issue entirely comprising a fresh issue of equity shares aggregating up to Rs 3,000 crore, proposed for listing on the BSE and NSE. As per the DRHP, net proceeds are proposed to be used for repayment or prepayment of certain borrowings of the company and its subsidiaries, and general corporate purposes.