Daily BriefsIndia

Daily Brief India: Clean Science and Technology, Sify Technologies and more

In today’s briefing:

  • Clean Science and Technologies Ltd- Entering New Habitats
  • Sify Technologies – Exploring INR3,000 Crore Data Center IPO


Clean Science and Technologies Ltd- Entering New Habitats

By Nitin Mangal

  • Clean Science and Technology (CLEAN IN) is one of the leading chemical manufacturers globally of functionally critical specialty chemicals, Pharmaceutical Intermediates, and FMCG Chemicals.
  • It has embarked on a massive expansion by commissioning a new plant to manufacture HALS and is also spending additional capex to manufacture new products.
  • With forensics, we pay attention to excessive remuneration being paid to promoters, concentration risk from top customers, and increase in attrition of permanent employees.

Sify Technologies – Exploring INR3,000 Crore Data Center IPO

By Garvit Bhandari

  • Sify Technologies Ltd is planning to tap into the burgeoning demand for data centers in the India via a INR3,000 crore IPO
  • Sify has aggressive expansion plans in place with the aim to triple its data center capacity to more than 350 MW in the coming years.
  • We expect the value of standalone data center business to be more than the current market cap of Sify. In our view, IPO will unlock value for existing Sify shareholders.

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