Sify Infinit Spaces files Draft Red Herring Prospectus in India

Core Viewpoint - Sify Infinit Spaces Limited (SISL), a subsidiary of Sify Technologies Limited, has filed a draft red herring prospectus for its proposed Initial Public Offering (IPO) of equity shares in India [1][2]. Company Overview - SISL focuses on colocation services for Hyperscalers, Enterprises, and neo-Cloud prospects, operating 14 Data Centers across 6 cities as of June 2025 [4]. - The company has a diversified client base of over 500 clients, including prominent Hyperscaler and Enterprise clients, as of June 30, 2025 [5]. IPO Details - The proposed IPO consists of a fresh issue of equity shares totaling up to ₹25,000 million (₹2,500 crores) and an offer for sale of equity shares amounting to ₹12,000 million (₹1,200 crores) by existing shareholders [2]. - The Offer is contingent upon receiving necessary regulatory approvals and market conditions [2].