Three high-profile companies from the energy, healthcare, and security-tech sectors are gearing up for their public market debut in 2025. This article offers a sharp snapshot of the upcoming IPOs of Juniper Green Energy, Park Medi World, and Innovatiview India, highlighting their scale, positioning, and growth potential.
Juniper Green Energy IPO (INR 3,000 cr, Fresh)
- Filed DRHP on 27 June 2025
- Received SEBI nod on 28 August 2025
- DRHP Link
It is among the top 10 largest renewable independent power producer (“IPPs”) in India in terms of Total Capacity as of 31 December 2024, where total capacity includes operational, under construction, contracted and awarded projects. (Source: CRISIL Report). The company develops, builds, operates and maintains utility scale renewable energy projects through its in-house EPC team and O&M team, and generates revenue through the sale of electricity to various off-takers, including central and state government-backed entities.
It commissioned its first solar project with a capacity of 100 Megawatts (“MW”) (144.97 Megawatts peak (“MWp”)) in March 2020 and has since expanded the portfolio of projects to a Total Capacity of 7,898.45 MW (10,069.58 MWp) as of 31 May 2025. Apart from solar projects, the company’s portfolio also includes wind energy projects and a focus on complex renewable energy projects, such as WSH and FDRE projects with BESS. It is ranked as the second largest bidder in terms of total capacity won in WSH and FDRE tenders concluded between 1 April 2021 to 31 December 2024 and had a 100% conversion rate for WSH and FDRE tenders won between 1 April 2021 to 31 December 2024. (Source: CRISIL Report).
Park Medi World (INR 960 cr Fresh + INR 300 cr OFS)
- DRHP Filing on 28 March 2025
- SEBI Approval received on 14 August 2025
- DRHP Link
It is the second-largest private hospital chain in North India with an aggregate bed capacity of 3,000 beds, and the largest private hospital chain in terms of bed capacity in Haryana, with 1,600 beds located in the state as of 30 September 2024. (Source: CRISIL Report). It has been providing healthcare services since its incorporation in 2011, and its extensive presence in the North India region has allowed the company to develop an understanding of regional nuances, patient culture and preferences, and infrastructure requirements.
Over the years, it has increased the bed capacity organically and through the acquisition of other hospitals, growing from 1,875 beds as of 1 April 2021 to 3,000 beds, as of 30 September 2024. It has adopted a cluster-based approach to grow its network of hospitals, establishing the company’s presence in regions adjacent to its existing locations.
Park’s network of hospitals comprises 13 NABH-accredited multi-super speciality hospitals with modern facilities and advanced medical equipment to cater to the needs of the patients.
The hospitals are located in New Delhi; Ambala, Gurugram, Karnal, Panipat, Palam Vihar, Sonipat and Faridabad in Haryana; Jaipur and Behror in Rajasthan; and Patiala and Mohali in Punjab. As of September 30, 2024, it had an aggregate capacity of 3,000 beds, including 805 ICU beds, as well as 63 OTs and two dedicated cancer units.
Innovatiview India (INR 2,000 cr, OFS)
- DRHP filing on 13 February 2025
- SEBI approval received on 27 August 2025
- DRHP Link
It is a technology-driven company providing automated ancillary security and surveillance solutions for examinations, elections and large-scale events pan-India. As of 30 September 2024, the company is the largest player for examination-integrated security solutions in India, with a market share of 73.7% in terms of revenue in Fiscal 2024. (Source: F&S Report)
Its comprehensive examination integrated security (defined as the use of security and surveillance tools to curb malpractices in examinations (Source: F&S Report)) solutions in the form of closed circuit television (“CCTV”) surveillance, biometric control, physical security systems like frisking, voice over internet protocol (“VoIP”) communication systems, global positioning system (“GPS”) tracking as well as dedicated examination infrastructure.
Innovatiview is one of the first companies in India to introduce and integrate artificial intelligence (“AI”) technology in CCTV surveillance and accurate touchless biometric verification solutions for impersonation control in examinations. (Source: F&S Report) In the six months ended 30 September 2024, it has served over 72 clients through its diversified security and surveillance solutions and has secured over 1,409 examinations across India.
For more details related to IPO GMP, SEBI IPO Approval, and Live Subscription stay tuned to IPO Central.