The Azure Power Global (AZRE) Plans to Raise $150 Million in October 12th IPO

The Azure Power Global (AZRE) Plans to Raise $150 Million in October 12th IPO

Azure Power Global (AZRE) expects to raise $150 million in an initial public offering on Wednesday, October 12th. The company will be issuing 6,800,000 shares at a price of $21.00-$23.00 per share.

In the last year, Azure Power Global generated $46.2 million in revenue and had a net loss of $43.4 million. The company has a market-cap of $516 million.

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