Sify Infinit Plans India IPO Targeting $4.2 Billion Valuation

Sify Infinit plans an initial public offering (IPO) in India targeting a valuation of approximately 4.2 billion dollars. The offering includes a fresh share issue worth 25 billion rupees and a secondary sale of about 12 billion rupees. Supported by Kotak Private Equity Group, Sify Infinit operates 14 data centers across six Indian cities with a combined IT power capacity of 188.04 megawatts as of June 2025. The IPO timing and valuation remain subject to change amid growing investor interest in India's data-center sector driven by digital growth and AI adoption.