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Sify Infinit Reportedly Seeks $4.2 Billion Valuation for India IPO
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Sify Infinit Eyes $4.2 Billion Valuation in India IPO Next Month
M
Moneycontrol
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24-02-2026, 19:49
Sify Infinit Eyes $4.2 Billion Valuation in India IPO Next Month
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Sify Infinit Spaces Ltd. is reportedly seeking a valuation of up to $4.2 billion for its upcoming initial public offering in India.
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The Nasdaq-listed Sify Technologies Ltd. unit plans to raise Rs 3,700 crore through a share sale in mid-March.
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The IPO will include a fresh issue of shares worth 25 billion rupees and a secondary sale of approximately 12 billion rupees.
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Sify Infinit operates 14 data centers across six Indian cities, with a combined IT power capacity of 188.04 megawatts by June 2025.
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The Indian data-center sector is experiencing a boom due to increased digital consumption, AI adoption, and data localization requirements.
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