Sify Infinit IPO faces valuation gap, possible delay flagged
Sify Infinit Spaces’ proposed initial share sale has reportedly hit a valuation roadblock, with the company seeking about ₹40K cr while investors are reportedly willing to offer ₹22K–25K cr, raising the prospect of a delay.
Sify Infinit Spaces’ proposed initial share sale has run into a valuation hurdle, with investors and the data centre operator apart on price. The company is seeking a 40K cr valuation, while investors are currently seen at 22K-25K cr, according to Himanshi Lohchab and Himadri Buch in Mumbai.