Industry Newsdata centercloud infrastructuresify infinitipo
Sify Infinit Seeks 37 Billion Rupee IPO
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Sify Technologies' data-center unit Sify Infinit has begun investor meetings to raise 37 billion rupees ($407 million) through a share sale planned for mid-March, according to its draft prospectus. The offering comprises a 25 billion-rupee fresh issue and a 12 billion-rupee secondary sale; Sify Infinit operates 14 data centers with 188.04 MW built IT power as of June 2025. Kotak Mahindra Capital, JM Financial, Morgan Stanley India, JPMorgan India and Citic are bookrunners.
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Credible, timely industry IPO with detailed prospectus and bookrunners; limited depth and potential timing changes temper impact.
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