Juniper Green Energy’s initial public offering is currently in its second day of subscription. As of Day 2, the issue has been subscribed 0.47 times cumulatively. While the Qualified Institutional Buyer (QIB) category has shown strong interest with a 1.19x subscription, other categories like Retail and Non-Institutional Buyers have seen lower participation so far.

Subscription Status

The IPO is trading within the price band of ₹214 to ₹225. Below is the detailed subscription status for Day 2:

About the Company

Juniper Green Energy is raising funds through this public issue. The company has defined a specific price band for its shares to ensure fair valuation for investors. The minimum bid quantity required for applying to this IPO is 66 units.

Key Dates

Investors looking to participate should note the following details regarding the offer size and application window:

• Floor Price: ₹214.00000
• Ceiling Price: ₹225.00000
• Min IPO Size: 13464
• Max IPO Size: 500000
• Min Bid Qty: 66

The issue will continue to accept applications until the final closing date. Investors are advised to monitor the subscription trends as the bidding period progresses.

Juniper Green Energy IPO opened for subscription today, marking the beginning of its public market journey. On the first day of bidding, the issue has garnered a total subscription of 0.36 times. Qualified Institutional Buyers (QIBs) led the demand with a subscription multiple of 1 times, while retail investors subscribed 0.12 times. The Non-Institutional Buyer (NII) category saw modest interest, with HNI subscribers at 0.03 times and sHNI at 0.1 times.

Subscription Status

The following table details the Day 1 subscription data across various investor categories:

About the Company

Juniper Green Energy is positioning itself in the renewable energy sector. While detailed operational metrics are not provided in the initial filing data, the company is seeking to raise capital through this initial public offering to fund its growth initiatives. Investors are advised to review the full DRHP for comprehensive business model insights.

Offer Details

Key parameters for the Juniper Green Energy IPO include:

• Price Band: ₹214.00000 – ₹225.00000
• Issue Size Range: ₹13464 – ₹500000 crore
• Minimum Bid Quantity: 66 shares

The price band indicates the floor and ceiling prices set by the issuer. The minimum bid quantity of 66 shares determines the smallest lot an investor can apply for in the retail category. The issue size range provided reflects the potential capital raise scope.

Investors should monitor the subscription trends over the remaining bidding days to gauge overall market sentiment towards the offering.