initial public offerings (IPOs) trading on American exchanges

Wednesday, October 12, 2016

Azure Power Global Limited (AZRE) began trading on the NYSE on 12 October 2016

Azure Power Global Limited engages in the development of solar power plants in India. Today the group has projects across 23 states, including Rajasthan, Punjab, Gujarat, Chhattisgarh, and Uttar Pradesh. Azure Power is the only Indian company listed on NYSE.
  • Sector: Utilities
  • Industry: Utilities—Renewable
  • Full Time Employees: 654
  • CEO (and founder): Inderpreet Wadhwa (2008–)
  • Founded in 2008 
  • Headquarters:  New Delhi, India
Sold 14.8 million shares at $12.50 a share, nearly 25 per cent less than its opening price of $16.12.

CEO (and founder) Inderpreet Wadhwa

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