Latest Sectors News
The scheme has been approved for a period of 5 years. It will support up to Rs 1 crore per MW under the scheme with total outlay of Rs 5070 crore. View More
Juniper Green Energy’s Rs 1,800 crore IPO received a muted response on the second day of bidding. The IPO’s grey market premium has also declined to around 2.67% from nearly 8% earlier, signalling expectations of limited listing gains. View More
The Rs 1,800 crore Juniper Green Energy IPO witnessed a muted response on the second day of bidding on Friday, with the issue subscribed 44% by 12:15 pm. The IPO has received bids for 2.58 crore shares against the 5.89 crore shares on offer. Retail participation remained subdued, with the Retail Individual Investors (RII) quota subscribed just 18% against the 2.94 crore shares reserved for the segment. Meanwhile, sentiment in the grey market has softened. The Grey Market Premium (GMP) has fallen to around 2.67% from nearly 8% earlier, indicating expectations of only a modest listing gain. Juniper Green Energy IPO: Key details The IPO is a pure fresh issue of 8 crore equity shares, with no offer-for-sale (OFS) component. The company has fixed the price band at Rs 214-225 per share, and investors can bid in lots of 66 shares. At the upper price band, the minimum investment for retail investors is Rs 14,850. Live Events The issue opened for subscription on July 30, 2026, and will close on August 3, 2026. Share allotment is expected on August 4, while the stock is likely to debut on the NSE and BSE on August 6, subject to the completion of post-issue formalities. ICICI Securities is the book-running lead manager to the issue, while Kfin Technologies Ltd. is the registrar. Juniper Green Energy IPO GMP today The latest GMP stands at Rs 8 per share, implying a premium of about 2.67% over the upper price band of Rs 225. Based on current grey market trends, the estimated listing price is around Rs 231 per share. Investors should note that grey market premiums are unofficial and speculative, and do not guarantee listing-day performance. Juniper Green Energy IPO subscription status The Juniper Green Energy IPO has seen a mixed response from investors on Day 2. As of 12:15 pm, the issue was 44% subscribed, with institutional investors leading the demand while retail participation remained muted. Qualified Institutional Buyers (QIBs): 1.19x subscribed Retail Individual Investors (RIIs): 18% subscribed Non-Institutional Investors (NIIs): 7% subscribed The early momentum has largely been driven by institutional investors, reflecting strong confidence from the QIB segment. In contrast, retail and NII investors have adopted a cautious approach so far. Market participants will closely watch whether subscription picks up in these categories as the IPO enters its final bidding days. How Will the IPO Proceeds Be Used? Juniper Green Energy intends to utilize a significant portion of the IPO proceeds to strengthen its balance sheet by reducing its debt burden. Out of the total funds raised, Rs 683.24 crore will be used for the repayment or prepayment of certain borrowings availed by the company. Additionally, Rs 728.69 crore will be invested in its material subsidiaries to help them repay or prepay a portion of their outstanding loans. The remaining proceeds will be allocated towards general corporate purposes. Overall, the company plans to deploy approximately Rs 1,411.92 crore towards debt reduction, a move that is expected to lower finance costs and improve its overall financial health. About Juniper Green Energy Founded in 2011, Juniper Green Energy Limited is among India's leading renewable energy independent power producers (IPPs). The company develops, builds, operates, and maintains large-scale renewable energy projects across solar, wind, hybrid, and firm & dispatchable renewable energy (FDRE) segments, supported by Battery Energy Storage Systems (BESS). The company earns revenue through long-term power purchase agreements (PPAs) signed with central and state government-backed entities, providing stable cash flows. As of June 30, 2026, Juniper Green Energy had a diversified renewable energy portfolio of 7,910.20 MW (10,247.06 MWp) across operational, under-construction, contracted, and awarded projects, making it one of the top 10 renewable IPPs in India by installed and pipeline capacity. One of the company's key strengths is its integrated business model, with in-house Engineering, Procurement & Construction (EPC) and Operations & Maintenance (O&M) capabilities. This enables efficient project execution, faster commissioning, strong land acquisition, reliable grid connectivity, and improved operational efficiency. Backed by an experienced management team, the company continues to expand its renewable energy footprint while focusing on sustainable growth, operational excellence, and technology-driven execution. As of June 30, 2026, Juniper Green Energy employed 733 permanent professionals across engineering, project development, operations, finance, procurement, legal, technology, quality, and corporate functions. Should You Subscribe? Brokerage Swastika Research has assigned a "Neutral" rating to the Juniper Green Energy IPO. According to the brokerage, the company offers strong long-term growth potential, supported by a robust 7.9 GW renewable energy project pipeline and long-term 25-year power purchase agreements (PPAs) with government-backed counterparties, ensuring stable revenue visibility. The planned deployment of nearly Rs 1,412 crore from the IPO proceeds towards debt repayment is also expected to reduce finance costs and improve profitability over the coming years. Additionally, the company has demonstrated healthy operating performance, with EBITDA margins of around 86%. However, Swastika Research highlighted that the IPO is priced at a steep valuation of more than 270 times its FY26 trailing earnings, despite the company's relatively modest profitability. The brokerage believes these rich valuations could cap listing gains in the near term. Investors should also factor in execution challenges, regulatory uncertainties, and leverage-related risks associated with the renewable energy sector before making an investment decision. Overall, the brokerage believes the issue is better suited for long-term investors looking to benefit from India's renewable energy growth story rather than those seeking short-term listing gains." (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times) .Pbanner{display:flex;justify-content:space-between;align-items:center;background-color:#ec1c40;margin-top:20px;padding:5px 10px;border-radius:4px;color:#fff;line-height:10px;width: 100%;box-sizing: border-box} .Pbannertext{display:flex;align-items:center;font-size:16px;font-weight:600;font-family:'Montserrat';} .Pbannertext img{height:20px;margin:0 6px} .Pbannerbutton a{display:flex;align-items:center;background-color:#fff;color:#ec1c40;text-decoration:none;font-weight:600;padding:4px 8px;border-radius:6px;font-size:15px;font-family:'Montserrat';} .Pbannerbutton img{height:20px;margin-right:6px} .Pbannerbutton a:hover{background-color:#f7f7f7} Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our ETMarkets WhatsApp channel) (You can now subscribe to our ETMarkets WhatsApp channel)
The Rs 1,800-crore Juniper Green Energy IPO entered Day 2 of bidding with a grey market premium of 3.56%. Subscribed 36% on Day 1, the issue features strong QIB interest but rich valuations of over 270x FY26 earnings. Analysts suggest a neutral stance, advising it primarily for long-term investors. View More
The Rs 1,800-crore Juniper Green Energy IPO entered its second day of bidding on Friday. In the grey market, the premium has slipped to 3.56% from an earlier 8%, indicating a positive but modest listing gain. On Day 1, the IPO was subscribed 36% against the 5.89 crore shares on offer. The retail portion was subscribed 12% against the 2.94 crore shares reserved for the category. Juniper Green Energy IPO GMP Today The latest Juniper Green Energy IPO GMP stands at Rs 8 per share, translating into a premium of around 3.56% over the upper price band of Rs 225. Based on the current grey market trend, the estimated listing price is around Rs 233 per share. Grey market premiums are unofficial indicators and should not be considered a guarantee of listing performance. Juniper Green Energy IPO Subscription Status On Day 1, the Juniper Green Energy IPO was subscribed 36% against the 5.89 crore shares on offer. Retail Individual Investors (RIIs): Subscribed 12% against 2.94 crore shares on offer. Live Events Non-Institutional Investors (NIIs): Subscribed 5% against 1.26 crore shares on offer. Qualified Institutional Buyers (QIBs): Subscribed 100% against 1.68 crore shares on offer. The strong response from QIBs reflects institutional confidence, while retail and NII participation is expected to pick up in the remaining bidding days. Juniper Green Energy IPO details The IPO is a fresh issue of 8 crore equity shares, with no offer-for-sale component. The company has fixed the price band at Rs 214 to Rs 225 per share, while investors can bid in lots of 66 shares. At the upper end of the price band, the minimum investment required for retail investors is Rs 14,850. The IPO opened for subscription on July 30, 2026, and will remain open until August 3, 2026. The share allotment is expected to be finalized on August 4, 2026, while the company's shares are likely to make their stock market debut on the NSE and BSE on August 6, 2026, subject to the completion of post-issue formalities. ICICI Securities is the book-running lead manager, while KFin Technologies Ltd. is the registrar to the issue. How Will the IPO Proceeds Be Used? Juniper Green Energy intends to utilize a significant portion of the IPO proceeds to strengthen its balance sheet by reducing its debt burden. Out of the total funds raised, Rs 683.24 crore will be used for the repayment or prepayment of certain borrowings availed by the company. Additionally, Rs 728.69 crore will be invested in its material subsidiaries to help them repay or prepay a portion of their outstanding loans. The remaining proceeds will be allocated towards general corporate purposes. Overall, the company plans to deploy approximately Rs 1,411.92 crore towards debt reduction, a move that is expected to lower finance costs and improve its overall financial health. About Juniper Green Energy Founded in 2011, Juniper Green Energy Limited is among India's leading renewable energy independent power producers (IPPs). The company develops, builds, operates, and maintains large-scale renewable energy projects across solar, wind, hybrid, and firm & dispatchable renewable energy (FDRE) segments, supported by Battery Energy Storage Systems (BESS). The company earns revenue through long-term power purchase agreements (PPAs) signed with central and state government-backed entities, providing stable cash flows. As of June 30, 2026, Juniper Green Energy had a diversified renewable energy portfolio of 7,910.20 MW (10,247.06 MWp) across operational, under-construction, contracted, and awarded projects, making it one of the top 10 renewable IPPs in India by installed and pipeline capacity. One of the company's key strengths is its integrated business model, with in-house Engineering, Procurement & Construction (EPC) and Operations & Maintenance (O&M) capabilities. This enables efficient project execution, faster commissioning, strong land acquisition, reliable grid connectivity, and improved operational efficiency. Backed by an experienced management team, the company continues to expand its renewable energy footprint while focusing on sustainable growth, operational excellence, and technology-driven execution. As of June 30, 2026, Juniper Green Energy employed 733 permanent professionals across engineering, project development, operations, finance, procurement, legal, technology, quality, and corporate functions. Should You Subscribe? Brokerage Swastika Investmart has assigned a "Neutral" rating to the Juniper Green Energy IPO. According to the brokerage, the company offers strong long-term growth potential, supported by a robust 7.9 GW renewable energy project pipeline and long-term 25-year power purchase agreements (PPAs) with government-backed counterparties, ensuring stable revenue visibility. The planned deployment of nearly Rs 1,412 crore from the IPO proceeds towards debt repayment is also expected to reduce finance costs and improve profitability over the coming years. Additionally, the company has demonstrated healthy operating performance, with EBITDA margins of around 86%. However, Swastika Investmart highlighted that the IPO is priced at a steep valuation of more than 270 times its FY26 trailing earnings, despite the company's relatively modest profitability. The brokerage believes these rich valuations could cap listing gains in the near term. Investors should also factor in execution challenges, regulatory uncertainties, and leverage-related risks associated with the renewable energy sector before making an investment decision. Overall, the brokerage believes the issue is better suited for long-term investors looking to benefit from India's renewable energy growth story rather than those seeking short-term listing gains. Juniper Green Energy enters the market with a sizeable Rs 1,800-crore IPO, backed by a strong renewable energy portfolio and a clear strategy to reduce debt. While the current GMP points to a modest listing premium, the steep valuation remains a concern. For investors seeking quick listing gains, the risk-reward appears balanced. However, those with a long-term investment horizon and a positive view on India's rapidly expanding renewable energy sector may find the company an attractive play on the country's clean energy transition. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times) .Pbanner{display:flex;justify-content:space-between;align-items:center;background-color:#ec1c40;margin-top:20px;padding:5px 10px;border-radius:4px;color:#fff;line-height:10px;width: 100%;box-sizing: border-box} .Pbannertext{display:flex;align-items:center;font-size:16px;font-weight:600;font-family:'Montserrat';} .Pbannertext img{height:20px;margin:0 6px} .Pbannerbutton a{display:flex;align-items:center;background-color:#fff;color:#ec1c40;text-decoration:none;font-weight:600;padding:4px 8px;border-radius:6px;font-size:15px;font-family:'Montserrat';} .Pbannerbutton img{height:20px;margin-right:6px} .Pbannerbutton a:hover{background-color:#f7f7f7} Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our ETMarkets WhatsApp channel) (You can now subscribe to our ETMarkets WhatsApp channel)
The decline came a day after the company filed its Q1 FY27 investor presentation with exchanges View More
The electricity generated through the green power project will be procured by Gujarat Urja Vikas Nigam Ltd View More
The IPO is a fresh issue of 8 crore equity shares, with no offer-for-sale component. The company has fixed the price band at Rs 214 to Rs 225 per share, while investors can bid in lots of 66 shares. At the upper end of the price band, the minimum investment required for retail investors is Rs 14,850. View More
The Rs 1,800 crore Juniper Green Energy IPO will open for subscription today and will remain open until August 3, 2026. The public issue has generated healthy investor interest even before opening, with the grey market premium (GMP) hovering around Rs 17 per share, indicating a potential listing gain of nearly 8% over the upper price band. The IPO is a fresh issue of 8 crore equity shares, with no offer-for-sale component. The company has fixed the price band at Rs 214 to Rs 225 per share, while investors can bid in lots of 66 shares. At the upper end of the price band, the minimum investment required for retail investors is Rs 14,850. The IPO will open for subscription on July 30, 2026, and will remain open until August 3, 2026. The share allotment is expected to be finalized on August 4, 2026, while the company's shares are likely to make their stock market debut on the NSE and BSE on August 6, 2026, subject to the completion of post-issue formalities. ICICI Securities Ltd. is the book-running lead manager, while Kfin Technologies Ltd. is the registrar to the issue. Juniper Green Energy IPO GMP Today The latest Juniper Green Energy IPO GMP stands at Rs 17 per share, translating into a premium of around 7.56% over the upper price band of Rs 225. Based on the current grey market trend, the estimated listing price is around Rs 242 per share. Live Events Grey market premiums are unofficial indicators and should not be considered a guarantee of listing performance. How Will the IPO Proceeds Be Used? Juniper Green Energy intends to utilize a significant portion of the IPO proceeds to strengthen its balance sheet by reducing its debt burden. Out of the total funds raised, Rs 683.24 crore will be used for the repayment or prepayment of certain borrowings availed by the company. Additionally, Rs 728.69 crore will be invested in its material subsidiaries to help them repay or prepay a portion of their outstanding loans. The remaining proceeds will be allocated towards general corporate purposes. Overall, the company plans to deploy approximately Rs 1,411.92 crore towards debt reduction, a move that is expected to lower finance costs and improve its overall financial health. About Juniper Green Energy Founded in 2011, Juniper Green Energy Limited is among India's leading renewable energy independent power producers (IPPs). The company develops, builds, operates, and maintains large-scale renewable energy projects across solar, wind, hybrid, and firm & dispatchable renewable energy (FDRE) segments, supported by Battery Energy Storage Systems (BESS). The company earns revenue through long-term power purchase agreements (PPAs) signed with central and state government-backed entities, providing stable cash flows. As of June 30, 2026, Juniper Green Energy had a diversified renewable energy portfolio of 7,910.20 MW (10,247.06 MWp) across operational, under-construction, contracted, and awarded projects, making it one of the top 10 renewable IPPs in India by installed and pipeline capacity. One of the company's key strengths is its integrated business model, with in-house Engineering, Procurement & Construction (EPC) and Operations & Maintenance (O&M) capabilities. This enables efficient project execution, faster commissioning, strong land acquisition, reliable grid connectivity, and improved operational efficiency. Backed by an experienced management team, the company continues to expand its renewable energy footprint while focusing on sustainable growth, operational excellence, and technology-driven execution. As of June 30, 2026, Juniper Green Energy employed 733 permanent professionals across engineering, project development, operations, finance, procurement, legal, technology, quality, and corporate functions. Should You Subscribe? Brokerage Swastika Research has assigned a "Neutral" rating to the Juniper Green Energy IPO. According to the brokerage, the company offers strong long-term growth potential, supported by a robust 7.9 GW renewable energy project pipeline and long-term 25-year power purchase agreements (PPAs) with government-backed counterparties, ensuring stable revenue visibility. The planned deployment of nearly Rs 1,412 crore from the IPO proceeds towards debt repayment is also expected to reduce finance costs and improve profitability over the coming years. Additionally, the company has demonstrated healthy operating performance, with EBITDA margins of around 86%. However, Swastika Research highlighted that the IPO is priced at a steep valuation of more than 270 times its FY26 trailing earnings, despite the company's relatively modest profitability. The brokerage believes these rich valuations could cap listing gains in the near term. Investors should also factor in execution challenges, regulatory uncertainties, and leverage-related risks associated with the renewable energy sector before making an investment decision. Overall, the brokerage believes the issue is better suited for long-term investors looking to benefit from India's renewable energy growth story rather than those seeking short-term listing gains." Juniper Green Energy enters the market with a sizeable Rs 1,800 crore IPO, backed by a strong renewable energy portfolio and a clear strategy to reduce debt. While the current GMP points to a modest listing premium, the steep valuation remains a concern. For investors seeking quick listing gains, the risk-reward appears balanced. However, those with a long-term investment horizon and a positive view on India's rapidly expanding renewable energy sector may find the company an attractive play on the country's clean energy transition. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times) .Pbanner{display:flex;justify-content:space-between;align-items:center;background-color:#ec1c40;margin-top:20px;padding:5px 10px;border-radius:4px;color:#fff;line-height:10px;width: 100%;box-sizing: border-box} .Pbannertext{display:flex;align-items:center;font-size:16px;font-weight:600;font-family:'Montserrat';} .Pbannertext img{height:20px;margin:0 6px} .Pbannerbutton a{display:flex;align-items:center;background-color:#fff;color:#ec1c40;text-decoration:none;font-weight:600;padding:4px 8px;border-radius:6px;font-size:15px;font-family:'Montserrat';} .Pbannerbutton img{height:20px;margin-right:6px} .Pbannerbutton a:hover{background-color:#f7f7f7} Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our ETMarkets WhatsApp channel) (You can now subscribe to our ETMarkets WhatsApp channel)
Coal India plans a significant capital expenditure of ?68,000 crore over four fiscal years. These investments will focus on capacity expansion and strengthening mining infrastructure. A substantial portion is allocated for land acquisition and resettlement activities. The company will also invest heavily in coal evacuation systems and solar projects. This strategic outlay aims to enhance operational efficiency and diversification. View More
New Delhi: Coal India Ltd has drawn up a capital expenditure plan of around ₹68,000 crore over four fiscal years from FY27 to FY30 to drive capacity expansion, strengthen mining infrastructure , and increase diversification. The planned investments will largely go towards land acquisition and related rehabilitation and resettlement, mining infrastructure, coal evacuation systems , and solar projects , a senior company official told ET. The four broad segments will account for over 80% of the proposed capital outlay during the period. More than a third of the total planned expenditure has been earmarked for land acquisition and related rehabilitation and resettlement activities. Also Read: Coal India's Q1 capex rises by 16.64% to Rs 3,399 crore Timely land acquisition remains key for coal mining operations as new projects and mine expansions cannot proceed without securing land, irrespective of the availability of coal reserves, the official said. Live Events Coal India had made a capital expenditure of ₹19,607 crore in FY26, surpassing its annual target of ₹16,000 crore. "Expenditures on land acquisition, development of coal evacuation infrastructure, and plant and machinery constitute the major components of our capital expenditure," B Sairam, chairman, Coal India, had earlier this week said in a statement. Going forward, to strengthen logistics and improve coal transportation efficiency, the miner plans to invest over ₹17,000 crore to support coal evacuation infrastructure, the company official quoted above told ET on Wednesday. This expense will support the development of railway sidings and rail corridors along with the construction of coal handling plants, silos, weighbridges, and roads. The plant and machinery segment has been allocated over ₹9,000 crore for the procurement of heavy earth moving machinery, construction and expansion of washeries, and other plant and equipment related needs, the official said. .Pbanner{display:flex;justify-content:space-between;align-items:center;background-color:#ec1c40;margin-top:20px;padding:5px 10px;border-radius:4px;color:#fff;line-height:10px;width: 100%;box-sizing: border-box} .Pbannertext{display:flex;align-items:center;font-size:16px;font-weight:600;font-family:'Montserrat';} .Pbannertext img{height:20px;margin:0 6px} .Pbannerbutton a{display:flex;align-items:center;background-color:#fff;color:#ec1c40;text-decoration:none;font-weight:600;padding:4px 8px;border-radius:6px;font-size:15px;font-family:'Montserrat';} .Pbannerbutton img{height:20px;margin-right:6px} .Pbannerbutton a:hover{background-color:#f7f7f7} Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our Economic Times WhatsApp channel) (You can now subscribe to our Economic Times WhatsApp channel)
