1. Part funding of capital expenditure requirements towards completion of tower B of data center in Siruseri, Chennai (“Chennai 02 Data Center”);
2. Part funding of capital expenditure requirements for setting up of towers 11 and 12 of data center in Rabale, Navi Mumbai (“Rabale Data Center”);
3. Repayment / prepayment, in full or in part, of certain borrowings availed of by our Company; and
4. General corporate purposes.
...
nd was also the first Indian information communication technology (“ICT”) company to list on the NASDAQ, in October 1999, according to the 1Lattice and C&W Report. Our Promoter, Sify Technologies Limited (“STL”), was the first company to establish a commercial data center in India, according to the 1Lattice and C&W Report, in Vashi, Mumbai, in September 2000. We leverage the Sify Group’s 3 decades track record across the spectrum of network, data center services and digital services, to provide secure, reliable, sustainable, and energy-efficient smart data storage solutions, to meet our clients’ diverse digital infrastructure needs. We offer a converged ecosystem of data center services, including colocation, build-to-suit, interconnection and value-added services, which allows us to address the full spectrum of our clients’ ICT requirements. Through a carrier-neutral, hyperconnected ecosystem of data centers, we empower a client base of over 500 clients, as of June 30, 2025, comprising a mix of large cloud service provider (“Hyperscaler”) clients and diverse businesses and organizations (“Enterprise”) clients, with whom we have developed long-term relationships, facilitating their journey toward digital transformation. Read More
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An Initial Public Offering (IPO) is when a private company sells shares to the public for the first time, enabling investors to purchase these shares and gain partial ownership in the business. For instance, if a well-known tech firm wants to grow and requires additional funds, it might choose to go public through an IPO. During this process, investors can buy shares, and the company’s stock starts trading on the stock exchange on the day of the IPO listing.
Investors can apply for an IPO through their bank or brokerage account. Many trading platforms have a specific section for IPOs where users can submit their applications online.
The primary market is where shares are offered to the public for the first time via an IPO. After the IPO, shares are traded on the secondary market (stock exchange), where existing shareholders can sell to new buyers.
Investing in an IPO offers the opportunity to become an early investor in companies with high growth potential, at a price which may be lower than their post-listing market value. It provides a chance to participate in the company's growth journey from its early stages. However, IPO investments also come with inherent risks, such as market volatility and uncertainties about the company's future performance.
The price of an IPO is established through a systematic process known as "book building." In this method, investors bid within a given price range, and the final price is set based on demand and market conditions. Several factors play a crucial role in determining the IPO price, including:
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