Archive · 3 Oct 2025
Sify Infinit Plans $500 Million IPO for Data Center Expansion
Sify Infinit Spaces Ltd., an Indian data center company, plans to offer shares to the public through an IPO, aiming to raise $500 million.
This is to fund the expansion of data centers in response to growing demand driven by digital consumption and AI.
If successful, this will be the first such listing in India.
Sify Infinit runs 14 sites and seeks to grow amid rising investments and demand for data storage and cloud infrastructure.
Sify Infinit Spaces Ltd. plans a $500 million IPO.
The IPO could be the first listing for an Indian data-center operator.
The company will use the funds to expand data center infrastructure.
Demand for data centers in India is set to more than double in three years.
Kotak Mahindra Capital and Morgan Stanley are among the bookrunners for the offering.
- Who
- Sify Infinit Spaces Ltd.
- What
- Preparing for a $500 million IPO
- When
- Expected in the next two weeks
- Where
- Indian stock exchanges
- Why
- To fund growth and capitalize on rising data center demand
- Company
- Sify Infinit Spaces Ltd.
- IPO Size
- $500 million
- Purpose
- Capital for data center expansion
- Market
- Indian stock exchanges
- Bookrunners
- Kotak Mahindra Capital, Morgan Stanley, JPMorgan Chase, Citic Securities, JM Financial
- Number of Sites
- 14
