Juniper Green Energy IPO fully subscribed by 11:00 am on August 3; QIB portion at 3.84x
Juniper Green Energy's IPO reached full subscription on the final day, driven mainly by QIB demand (3.84x) while retail participation remained weak (28%). A small grey market premium suggests limited secondary-market enthusiasm. As a domestic India primary issuance with proceeds earmarked for debt repayment and subsidiary investment, the news is largely idiosyncratic and has minimal read-through to major listed markets in the provided universe.
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Juniper Green Energy’s initial public offering (IPO) was fully subscribed on August 3, with bids for about 74.89 million shares against roughly 58.92 million shares on offer. The qualified institutional buyers (QIB) portion was subscribed 3.84 times, while the retail individual investors (RII) category was subscribed 28%. The IPO is a pure fresh issue of Rs 1,800 crore for 8 crore shares, priced at Rs 214225 per share, with a minimum application of 66 shares.