Azure Power Global Nasdaq IPO

16/12/2015
IPO

$ 100 million

Completed

16/12/2015


Overview:

  • Azure Power Global has undertaken an IPO on the Nasdaq.
  • The issue consists of the equity shares of Azure Power Global (Azure), the holding company of Azure Power India Private.
  • Barclays Capital, Credit Suisse and Roth Capital acted as underwriters.
  • AZI is a low-cost utility scale solar power producer operating projects in India through step down project subsidiaries.
  • The transaction also involved externalising the holding company structure to Mauritius from India.

Katrin Kostadinova - Data analyst

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