Juniper Green Energy IPO Day 2: GMP at 4%; Check subscription status and key details. Should you apply or skip?

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The Rs 1,800-crore Juniper Green Energy IPO entered Day 2 of bidding with a grey market premium of 3.56%. Subscribed 36% on Day 1, the issue features strong QIB interest but rich valuations of over 270x FY26 earnings. Analysts suggest a neutral stance, advising it primarily for long-term investors.