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Sify Infinit Spaces files for ₹3,700 crore IPO, India’s first from a data-centre firm
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Sify Infinit Spaces files for ₹3,700 crore IPO to fund expansion and debt reduction, marking India’s first data-centre IPO.
Sify Infinit Spaces Ltd. has filed draft papers with SEBI for a ₹3,700 crore IPO — the first of its kind from an Indian data-centre company. The issue includes both a fresh equity issue and an offer for sale (OFS). Proceeds will fund capacity expansion, infrastructure upgrades, and debt reduction. The move comes amid surging enterprise demand for cloud and AI infrastructure, making Sify a key player in India’s growing data economy.