Sify Infinit Spaces Limited (SISL), a wholly‑owned subsidiary of Sify Technologies Limited, publicly filed a draft red herring prospectus on October 17 2025 with the Securities and Exchange Board of India, BSE Limited, and the National Stock Exchange of India Limited, announcing a proposed initial public offering of equity shares with a face value of ₹10 each.
The proposed offer comprises a fresh issue of equity shares aggregating up to ₹25,000 million (₹2,500 crores) and an offer‑for‑sale of equity shares aggregating up to ₹12,000 million (₹1,200 crores) by certain existing and eligible shareholders, bringing the total potential equity issuance to ₹37,000 million.
The filing is subject to receipt of requisite regulatory approvals, market conditions, and other applicable considerations, and the announcement clarifies that the securities are not registered in the United States and are not offered or sold there without an applicable exemption.
This financing event represents a significant capital‑raising opportunity for Sify Technologies, potentially providing the funds needed to accelerate its data‑center expansion and AI‑ready infrastructure initiatives, while also giving existing shareholders a chance to participate in the IPO.
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