Sify Infinit Gets Approval for India’s First Data Center IPO; Sebi is also resolving twelve other public issues

India’s IPO pipeline gained new momentum after capital markets regulator Sebi approved 12 offers, including the proposed issue of Sify Infinit Spaces that will be the country’s first pure-play data center IPO.The most closely watched approval, however, is for Sify Infinit Spaces. The company plans to raise up to Rs 3,700 crore through a combination […]

IPO calendar: The primary market is regaining momentum with the opening of three new issues next week

After a quiet phase this week with no major stock market listings, India’s primary market is expected to pick up the pace as three new public issues worth over Rs 1,750 crore are open for subscription this week. The offering includes Orkla India, Game Changers Texfab and Jayesh Logistics, covering both motherboard and SME segments. […]