Juniper Green Fixes Rs 214-225 Price Band For Rs 1,800 Crore IPO

31 Jul 2026 CW Team

Juniper Green has fixed a price band of Rs 214 to Rs 225 per share for an initial public offering that will open on July 30 and is sized at Rs 1,800 crore, equivalent to Rs 18 billion (bn). The offer will support project financing and growth.

Chairperson Arvind Tiku said 83 per cent of the portfolio comprises wind-solar hybrid or firm and dispatchable renewable energy projects and that including projects under construction capacity stands at 10,247 MWp with a battery energy storage system (BESS) portfolio of 4,564 MWh. The firm said it has grid connectivity for all under-construction projects and a surplus of 1,688 MW.

The company holds a land bank of 12,000 acres and more than 300 wind turbine generator locations for projects under construction. Most operational projects were commissioned ahead of schedule, with a weighted average lead time of 147 days.

The company reported total income of Rs 805 crore in 2015-16, equivalent to Rs 8.05 billion (bn). In market context the Indo-MIM initial public offering achieved subscription of 72.34 times on the final day of bidding while Xtranet Technologies received 12.24 times subscription.

SBI Mutual Fund appointed Manish Mehta as chief business officer after a 15-year tenure at Kotak Mahindra Asset Management Company where he was joint president and national head of sales, marketing and digital business. Sales at SBI Mutual Fund remain headed by co chief executive officer D P Singh.

Edelweiss Mutual Fund plans to launch the Edelweiss Nifty Reits and Realty Index Fund from August five to August 19, positioning it as likely India's first mutual fund scheme focused on Reits, with the underlying index allocating around 60 per cent to listed Reits and 40 per cent to real estate firms. The scheme aims to offer diversified exposure to the real estate ecosystem via listed Reits.

Infrastructure Urban

31 Jul 2026

SCLR Extension Nears Completion Linking BKC With Signal-Free Route

The Santacruz-Chembur Link Road (SCLR) extension towards Bandra-Kurla Complex (BKC) via the Mumbai University campus has entered its final stage, bringing motorists closer to a direct, signal-free connection between the Western Express Highway and the city’s commercial district. The elevated connector is being built as an arm from the SCLR alignment and will link the western suburbs with BKC without surface signals. The link is designed to reduce journey times for commuters travelling from the western suburbs to BKC and to improve access to eastern Mumbai. By carrying through traffic above s..

Raiganj MP Seeks Bengal Only Highway Link To Siliguri

Raiganj Member of Parliament Kartik Chandra Paul met Union Minister for Road Transport and Highways Nitin Gadkari in New Delhi to press for a new stretch of national highway in North Dinajpur district. He urged approval for a Bengal-to-Bengal link that would connect National Highways 12 and 27 to allow vehicles bound for Siliguri to avoid the current route through Kishanganj in neighbouring Bihar. He also submitted a proposed alignment of the new road to the ministry for consideration. At present vehicles from Raiganj travel along NH-12 and join NH-27 at Purnia More in Dalkhola, a route that p..

Airport Kilambakkam Metro Line To Be Extended To Chengalpattu

Chennai Metro Rail (CMRL) has invited tenders for two detailed project reports that would extend its rail network to Chengalpattu in the south and extend Corridor-5 to Wimco Nagar in the north as part of a second wave of expansion beyond the operator's corridors under construction. The move signals an acceleration of planning for suburban links and interchange nodes. The larger of the two studies covers a roughly 27km extension from the planned Kilambakkam metro station to Chengalpattu under Corridor-1, Phase I. CMRL floated the tender at an estimated cost of Rs 21.6 mn. The proposed line woul..