Bookbuilding IPO | ₹3,700 Cr | Listing at BSE, NSE |
SEBI has approved the Initial Public Offer (IPO) of Sify Infinit Spaces Ltd. on January 23, 2026. The company will proceed with next steps to launch the Initial Public Offer (IPO) subject to market conditions and other approvals. The SEBI approval is valid for 12 months.
Sify Infinit Spaces Ltd. IPO is a Book Build Issue of ₹3,700.00 crores consisting of a fresh issue of shares worth Rs ₹2,500.00 crores and an offer for sale (OFS) of ₹1,200.00 crores.
The equity shares are proposed to be listed on NSE and BSE. JM Financial Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Sify Infinit Spaces IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | [.] shares (agg. up to ₹3,700 Cr) |
| Fresh Issue | [.] shares (agg. up to ₹2,500 Cr) |
| Offer for Sale | [.] shares of ₹10 (agg. up to ₹1,200 Cr) |
| Share Holding Pre Issue | 51,01,31,127 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Thu, Oct 16, 2025 |
| SEBI/Exchange approval received | Fri, Jan 23, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII Shares Offered | Not less than 15% of the Net Offer |
Sai Infinit Spaces, a part of Sify Group, is one of India’s leading providers of data center colocation services. As of June 30, 2025, the company operates 14 data centers across 6 cities—Mumbai, Chennai, Noida, Hyderabad, Bengaluru, and Kolkata—with a total built IT power capacity of 188.04 MW.
Its data centers are strategically located in high-demand areas and serve both Hyperscaler (large cloud providers) and Enterprise (business) clients. It offers a full range of services including colocation, build-to-suit, interconnection, and value-added digital services, helping clients meet their growing digital needs.
Three of its newest facilities are AI-ready, certified by NVIDIA for both air and liquid cooling. They are also certified by the Indian Green Building Council (Platinum rating) and the TIA-942 Rated 4, proving they meet high standards for performance and sustainability. These facilities can support AI workloads up to 130 kW per rack with direct-to-chip cooling.
Its data centers support direct interconnects to multiple public cloud providers and allow seamless communication between Hyperscaler and Enterprise clients. This setup offers low-latency, high-performance solutions for critical applications.
The company also provides network and IT services through our group companies STL and Sify Digital Services Limited (SDSL), making us a one-stop ICT solution provider.
Competitive Strengths:
Sify Infinit Spaces Ltd.'s revenue increased by 27% and profit after tax (PAT) rose by 36% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 4,940.92 | 4,704.71 | 4,115.29 | 2,987.42 |
| Total Income | 405.54 | 1,454.28 | 1,141.71 | 1,039.07 |
| Profit After Tax | 13.63 | 126.36 | 93.25 | 96.69 |
| EBITDA | 176.72 | 634.25 | 465.27 | 412.61 |
| NET Worth | 1,754.33 | 1,740.83 | 1,548.18 | 916.93 |
| Reserves and Surplus | 500.27 | 486.64 | 366.22 | 231.04 |
| Total Borrowing | 2,170.32 | 2,318.15 | 1,988.26 | 1,581.16 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Part funding of capital expenditure requirements towards completion of tower B of data center in Siruseri, Chennai | 465.00 |
| 2 | Part funding of capital expenditure requirements for setting up of towers 11 and 12 of data center in Rabale, Navi Mumbai | 860.00 |
| 3 | Repayment / prepayment, in full or in part, of certain borrowings availed of by our Company; and | 600.00 |
| 4 | General corporate purposes |
| KPI | Mar 31, 2025 |
|---|---|
| Debt/Equity | 1.37 |
| RoNW | 7.68% |
| PAT Margin | 8.85% |
| EBITDA Margin | 44.40% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100% |
Sify Infinit Spaces IPO is a main-board IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹3,700 Crores. The issue is priced at To be declared. The minimum order quantity is .
The Sify Infinit Spaces IPO open and close dates are not available as of now.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Sify Infinit Spaces IPO using UPI as a payment gateway. Zerodha customers can apply in Sify Infinit Spaces IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Sify Infinit Spaces IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Sify Infinit Spaces IPO dates are not announced. Please check back again after some time.
Sify Infinit Spaces IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Sify Infinit Spaces IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Sify Infinit Spaces IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Sify Infinit Spaces IPO allotment status.
The Sify Infinit Spaces IPO listing date is not yet announced. The tentative date of listing is .
