The allotment of shares in the Juniper Green Energy IPO is expected today after the Rs. 1,800-crore issue concluded its subscription process. The company is scheduled to make its stock-market debut on August 6. Its shares were reportedly commanding a grey-market premium of around Rs. 10, equivalent to an indicative premium of about 4% over the issue price.
The IPO consists entirely of a fresh issue, meaning the funds raised will go to the company rather than existing shareholders through an offer for sale. Investors who applied can now check the allotment status through the registrar or exchange platforms. The actual listing price, however, can differ significantly from unofficial grey-market indications depending on market conditions.
