CAM, Trilegal, A&O Shearman act on Sify ₹3,700 crore proposed IPO

Sify Infinit Spaces Limited has proposed an initial public offering of equity shares aggregating to ₹3,700 crore, comprising a fresh issue of ₹2,500 crore and an offer for sale by selling shareholders aggregating to ₹1,200 crore.

Cyril Amarchand Mangaldas is advising Sify on this IPO.

The transaction team is led by Ravi Dubey (Partner - Regional Co-head - Capital Markets - West), with support from Radhika Pandey (Principal Associate), and Associates Abishek Sankar , Anomitra Debnath, Divyanshu Singh, Nikshetaa Jain and Chinmay Jumde.

Trilegal is advising the Book Running Lead Managers, JM Financial, CLSA India, JP Morgan India, Kotak Mahindra Capital, and Morgan Stanley India, this IPO.

The transaction team was led by Richa Choudhary (Partner), with support from Maitreya Rajurkar (Counsel), Sanya Chaudhari (Senior Associate, and Associates Siddhant Mishra, Arnab Goswami and Samruddhi Varma.

A&O Shearman is serving as the international legal counsel for the BRLMs.

The transaction team is led by Pallavi Gopinath Aney (Partner and Co-Head, India Group) with support from Mark Leemen (Partner, Sydney), Rami Marginean (Senior Associate, Singapore) and Serena Upadhyay (Senior Associate, Singapore).

Sify is one of India's most comprehensive ICT (Information and Communications Technology) service providers. It specializes in offering a wide range of services, including telecom, data center, cloud, and managed services. Sify empowers various industries with AI-powered digital platforms and infrastructure, ensuring scalability, productivity, and security across the Hybrid IT landscape.

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