Sify Technologies Amends Agreements Ahead of Proposed IPO

Sify Technologies ( (SIFY) ) just unveiled an update.

On September 25, 2025, Sify Technologies Limited and its subsidiary, Sify Infinit Spaces Limited, amended agreements with Kotak Special Situations Fund and Kotak Data Centre Fund to align with a proposed initial public offering (IPO) of Sify Infinit Spaces Limited. These amendments include waiving certain rights and obligations, allowing for a capital raise of up to INR 25 billion through the IPO. If the IPO proceeds as planned, it will result in the conversion of all compulsorily convertible debentures into equity shares, terminating existing agreements and potentially impacting the company’s financial structure and market positioning.

The most recent analyst rating on (SIFY) stock is a Hold with a $9.50 price target. To see the full list of analyst forecasts on Sify Technologies stock, see the SIFY Stock Forecast page.

Spark’s Take on SIFY Stock

According to Spark, TipRanks’ AI Analyst, SIFY is a Neutral.

Sify Technologies’ stock score is primarily influenced by its strong technical momentum and positive revenue growth. However, financial challenges such as increased leverage and net losses, combined with valuation uncertainties, temper the overall score. The earnings call provided mixed signals, with growth in some areas but ongoing challenges in others.

To see Spark’s full report on SIFY stock, click here.

More about Sify Technologies

Sify Technologies Limited operates in the technology industry, primarily focusing on providing data center services, cloud and managed services, and network services. The company is based in Chennai, India, and has a market focus on expanding its data center infrastructure and investing in renewable energy solutions.

Average Trading Volume: 161,532

Technical Sentiment Signal: Buy

Current Market Cap: $1.19B

See more data about SIFY stock on TipRanks’ Stock Analysis page.