Infinite spaces Ltd. has planned to enter a so -called draft red herring prospectus with the Securities and Exchange Board of India in the coming weeks, people said, asked not to be identified because the information is not public. Is supported by the company Kotak Private Equity GroupHe said that the sale of new and existing shares is being considered for the meeting, which would give it a price of about $ 3 billion.
Discussions are going on and the plan can change, he said.
The demand for data centers with the expansion of artificial intelligence is increasing, and India is no exception. According to the 2025 report by the property consultant JLL, the country’s data center capacity has increased from 77% to 1.8 gg in the next four years.
Syify Infinit is one of India’s data-sensor pioneers, which is commissioning its first feature in 2000. It operates 14 data centers across India, as per the company’s annual report, offering about 188 MW power.
According to the rating agency, the company has raised 16 billion rupees ($ 182 million) in two rounds from Kotak’s special circumstances Fund and Kotak Data Center Fund. ICRA Ltd.Kotak Mahindra Capital Company, Morgan Stanley, JP Morgan Chase & Company, Citic Securits Co. And JM Financial Limited The IPO has been appointed as Bukerner, people said.
SIFY IPO will include the growing list of companies tapping in the market. According to data compiled by Bloomberg, since January, the Indian IPO has increased by more than $ 8 billion. The Jeffers Financial Group estimates that Indian companies will raise $ 18 billion in the second half of 2025.