Juniper Green Energy IPO Day 2: Issue subscribed over 40% so far, GMP slips. Should investors subscribe or stay away?

Juniper Green Energy IPO Day 2: Issue subscribed over 40% so far, GMP slips. Should investors subscribe or…

Juniper Green Energy (7.9 GW portfolio) raises Rs 1,800 crore IPO; Day 2 at 44% subscription with 2.67% GMP, strong institutional demand but weak retail participation. Steep valuation (270x FY26 earnings) offset by 25-year govt PPAs and Rs 1,412 crore debt reduction strategy — long-term infrastructure play on India renewable growth.