India, Jan. 27 -- The Securities and Exchange Board of India (SEBI) has cleared the way for Sify Infinit Spaces to launch its initial public offering (IPO). This marks the first time a pure-play data centre operator will list on Indian stock exchanges. The market regulator issued its observations on the company's draft papers on 23 January 2026, roughly three months after the initial filing in October 2025.

The total issue size stands at Rs 3,700 crore. This includes a fresh issue of shares worth Rs 2,500 crore and an offer for sale (OFS) of Rs 1,200 crore from existing investors. Kotak Data Center Fund and Kotak Special Situations Fund are the primary sellers in the OFS, offloading stakes worth Rs 643 crore and Rs 557 crore.

Sify Infin...