STT Global Data Centres, the TATA Communications backed Data Centre Services Provider, is mulling to raise $500 million at $5 billion valuation, according to media reports. There are expectations that the company may appoint bankers later in May 2026. Some reports also said that the company may file draft red herring prospectus (DRHP) in the next 2-3 months. STT Global Data Centres is aiming to launch its initial public offerings (IPO) in the ongoing finanical year. Here is all you need to know about STT Global Data Centres.
STT Global Data Centres Financials performance: As per MCA filing, the company reported a standalone sales of Rs 2,354.17 crore in FY25 against Rs 1,997.47 crore a year ago. On the other hand, profit after tax (PAT) of the company stood at Rs 182.74 crore in FY25 against Rs 107.69 crore in FY24.
Source: MCA
No of data centres: As of May 15, 2026, the company has a portfolio of 30 operational data centres in 10 cities with total IT load of 400 MW, according to the website. In addition, seven data centres are under construction at Pune, Navi Mumbai, Kolkata, Noida, Chennai and Jaipur and two data centres are approved and at the conceptualisation/design stage at Chennai and Noida, as per MCA filing.
Founded in 2007 as Tata Communications Data Centres and was later demerged from TATA Communications in 2017, STT India DC Pte Ltd held 74% stake in the company as of March 2025. On the other hand, Tata Communications held 26% stake.
With the report, STT Global Data Centres came in the league of data centre operators which are aiming to list on bourses. Some of the companies in the list include Sify Infinit, ESDS Software, CtrlS, Yotta Data, Bharti Nxtra, among others.
Operating and other expenses: The company spent Rs 809.44 crore on power and fuel charges in FY25 against Rs 698.87 crore a year ago. For running a data centre, power and fuel charges accounts more than 73% of the total operating and other expenses.
Other Info: The company in February announced the launch of its fourth data centre in Chennai, marking the expansion of its second campus in the city at Siruseri. The Siruseri campus is designed as a 45 MW AI-ready facility, with the first phase of 7.2 MW now operational. This milestone reinforces STT GDC India’s continued investment in building next-generation digital infrastructure in Tamil Nadu.
