Sify Infinit Seeks 37 Billion Rupee IPO

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.