Sify Infinit Spaces hits valuation roadblock ahead of IPO

Sify Infinit Spaces IPO faces a valuation roadblock as investors offer less. The data centre operator seeks forty thousand crore rupees for its offering. Investors are currently willing to pay only twenty-two to twenty-five thousand crore rupees. This significant gap may lead Sify to revisit the market next year. The company's valuation ambitions have risen amid market conditions.