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STT GDC Plans $500M India IPO by Late 2026, Targets $5B Valuation

GateNews

2026-05-15 08:41:42

STT1.52%

According to Bloomberg, STT Global Data Centers India is weighing a Mumbai IPO that could raise up to $500 million and value the company at $5 billion to $5.5 billion, with a listing possible by late 2026 if plans proceed. The Singapore-backed data center operator, held 74% by ST Telemedia Global Data Centers and 26% by Tata Communications, runs more than 30 data centers across 10 Indian cities. Peers Sify Infinit Spaces and Yotta Data Services are also exploring IPOs as CBRE expects the local sector to attract over $100 billion by 2027.

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Comment

0/400

BaoLai455666

· 8h ago

This is another STT, the grave really cried at the wrong place.

View OriginalReply0

GateUser-f08aa9ca

· 10h ago

This is not a grave, don't cry for the wrong one.

View OriginalReply0

GateUser-553528f9

· 13h ago

I didn't understand.

View OriginalReply0