The ₹1,800-crore initial public offering (IPO) of renewable energy producer Juniper Green Energy Limited reached a overall subscription level of 48% (0.48 times) on its third and final day of bidding. Bidding for the mainboard issue closes today, August 3, 2026, with shares expected to list on the BSE and NSE on August 6, 2026.Subscription Status BreakdownAs of Day 3, demand across major investor categories presents a mixed response, led primarily by institutional interest and employee reserves:Qualified Institutional Buyers (QIBs): Leading participation with the section fully subscribed at 1.19x.Retail Individual Investors (RIIs): Subscribed at 0.22x (22% of the reserved quota).Non-Institutional Investors (NII / HNI): Booked at 0.09x (9%).Employee Reserved Quota: Subscribed at 1.69x.Overall, out of the 5.89 crore shares offered in the net issue, bidding bids have been received for roughly 2.82 crore shares, taking aggregate demand to 48%.Grey Market Premium (GMP) & Expected ListingUnlisted market tracking indicates a modest premium for the stock ahead of allotment:Current GMP: Ranges between ₹2 to ₹17 per share.Estimated Listing Price: Based on the upper price band of ₹225 and the lower-end GMP, market estimates indicate a tentative listing price near ₹226 to ₹242 per share (~1% to 7.6% premium over the issue price).> Note: Grey Market Premium (GMP) is an informal, unofficial metric reflecting market sentiment and does not guarantee secondary market listing gains.Key Dates & IPO TimetableEventSchedule DateIPO Open DateJuly 30, 2026IPO Closing DateAugust 3, 2026 (Today, 5:00 PM)Basis of Allotment FinalizationAugust 4, 2026Initiation of Refunds / Unblocking of FundsAugust 5, 2026Credit of Equity Shares to DematAugust 5, 2026Tentative Listing Date (BSE & NSE)August 6, 2026Issue Overview & Capital DeploymentThe ₹1,800 crore offer is entirely a 100% Fresh Issue, meaning all proceeds will flow directly into the company’s capital structure without an Offer for Sale (OFS) component by existing promoters.Price Band: ₹214 to ₹225 per shareLot Size: 66 equity shares (Minimum Retail Investment: ₹14,850)Book-Running Lead Managers: ICICI Securities, Axis Capital, HDFC Bank, Kotak Mahindra Capital, and SBI Capital MarketsRegistrar: KFin Technologies LimitedObjects of the IssueJuniper Green Energy plans to deploy the proceeds into three primary focus areas:Repayment/Pre-payment of Debt: Allocating ₹683.24 crore to prepay outstanding loans incurred by the parent firm.Investment in Subsidiaries: Directing ₹728.69 crore to subsidiaries for corporate debt servicing.General Corporate Purposes: The remaining ₹388.07 crore earmarked for working capital and business expansion.Also Read :- Advance Technoforge IPO Listing Today: SME Stock Makes Muted Market DebutDisclaimer: This article is published for informational and educational purposes only and should not be construed as financial, investment, or trading advice. The views, opinions, estimates, and recommendations, if any, are those of the respective analysts, experts, or brokerage firms cited and do not necessarily reflect the views of Bumppy News. Readers are advised to conduct their own research and consult a SEBI-registered financial advisor or other qualified professional before making any investment or financial decisions. Investments in securities and financial markets are subject to market risks.
