Juniper Green Energy has successfully raised ₹539.4 crore from anchor investors, clearing a key hurdle before its initial public offering opens to the public on Thursday, July 30.
The renewable energy developer allocated shares at the upper end of its price band, ₹225 per share, indicating strong conviction from institutional buyers ahead of the subscription window.
The anchor book build, which saw significant participation from domestic mutual funds, underscores sustained investor interest in India's clean-energy transition.
With the IPO aiming to raise a total of ₹1,800 crore, the successful anchor round provides a solid foundation for the public issue, which will remain open until August 3.
Market participants will now focus on the retail and institutional subscription levels to gauge broader sentiment.
This development comes as Juniper Green Energy seeks to capitalize on the growing demand for renewable power infrastructure in India.