STOCK TITAN

Notifications

Limited Time Offer! Get Platinum at the Gold price until January 31, 2026!

Sign up now and unlock all premium features at an incredible discount.

Read more on the Pricing page

Sify unit SISL files DRHP for proposed IPO in India

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Sify Technologies (SIFY) reported that its wholly owned subsidiary, Sify Infinit Spaces Limited (SISL), publicly filed a draft red herring prospectus on October 17, 2025 with SEBI, BSE, and NSE for a proposed IPO of equity shares with face value ₹10 each.

The proposed IPO is expected to include a fresh issue of equity shares aggregating up to ₹25,000 million and an offering by certain existing and eligible shareholders aggregating up to ₹12,000 million. The IPO is subject to requisite regulatory approvals, market conditions, and other applicable considerations. The announcement specifies it is not an offer of securities in the United States and that the securities have not been registered under the U.S. Securities Act of 1933.

Positive

  • None.

Negative

  • None.


 


UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Form 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of: October 2025

 

Commission File Number: 000-27663

 

SIFY TECHNOLOGIES LIMITED

(Translation of registrant’s name into English)

 

Tidel Park, Second Floor

No. 4, Rajiv Gandhi Salai, Taramani

Chennai 600 113, India

(91) 44-2254-0770

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F x      Form 40-F ¨

 

 



Sify Infinit Spaces Limited (“SISL”), a wholly owned subsidiary of Sify Technologies Limited (“Sify”), publicly filed a draft red herring prospectus on October 17, 2025 with the Securities and Exchange Board of India, BSE Limited, and the National Stock Exchange of India Limited, in connection with its proposed initial public offering (the “IPO) of SISL’s equity shares with face value ₹10 each (“Equity Shares”).

 
The proposed IPO is expected to comprise a fresh issue of Equity Shares aggregating up to ₹25,000 million (₹2,500 crores) and an offering of Equity Shares aggregating up to ₹12,000 million (₹1,200 crores) by certain existing and eligible shareholders of SISL. The IPO is subject to receipt of requisite regulatory approvals, market conditions, and other applicable considerations.
 

This announcement does not constitute an offer to sell or the solicitation of an offer to buy any securities in the United States or any other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The securities referred to in this announcement have not been and will not be registered in the U.S. under the Securities Act of 1933, as amended (“Securities Act”) and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act. The securities referred to in this announcement have not been and will not be registered, listed or otherwise qualified in any other jurisdiction outside of India.

 

Forward Looking Statements

 

This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.  The forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Sify undertakes no duty to update any forward-looking statements.

 

For a discussion of the risks associated with Sify’s business, please see the discussion under the caption “Risk Factors” in the company’s Annual Report on Form 20-F for the year ended March 31, 2025, which has been filed with the United States Securities and Exchange Commission and is available by accessing the database maintained by the SEC at www.sec.gov, and Sify’s other reports filed with the SEC.

 

2

 

Signature

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Date: October 17, 2025

 

 

For Sify Technologies Limited 

 

 

   

 

By:

/s/ M P Vijay Kumar

 

 

Name:

M P Vijay Kumar

 

 

Title:

Executive Director and

Group Chief Financial Officer

 

3

FAQ

What did Sify Technologies (SIFY) announce in its 6-K?

Its subsidiary, Sify Infinit Spaces Limited (SISL), filed a draft red herring prospectus with SEBI, BSE, and NSE for a proposed IPO.

What is the size of SISL’s proposed IPO?

It includes a fresh issue of up to ₹25,000 million and an offering by certain existing and eligible shareholders of up to ₹12,000 million.

What is the face value of SISL’s equity shares?

The equity shares have a face value of ₹10 each.

What conditions apply to the SISL IPO?

It is subject to requisite regulatory approvals, market conditions, and other applicable considerations.

Is this an offer of SISL securities in the United States?

No. The announcement states it is not an offer in the U.S., and the securities are not registered under the U.S. Securities Act of 1933.

When was the draft red herring prospectus filed?

It was filed on October 17, 2025.

Who is selling in the secondary component of the IPO?

The offering includes sales by certain existing and eligible shareholders of SISL.
Sify Technologie

NASDAQ:SIFY

SIFY Rankings

SIFY Latest News

SIFY Latest SEC Filings

SIFY Stock Data

853.01M
43.37M
40.05%
2.3%
0.42%
Telecom Services
Communication Services
Link
India
Chennai