Yotta plans up to $1.5 billion IPO, targeting a listing in January to March 2027
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Yotta CEO Sunil Gupta said the company intends to file draft IPO papers with SEBI in October and list in the January to March 2027 quarter, seeking up to $1.5 billion mainly through fresh shares. Proceeds are earmarked for debt repayment, GPU purchases and further sovereign cloud capacity. GPUs contribute about half of revenue, and overseas clients now form most of its customer base.
Buyer takeawayBuyers can expect Yotta to add GPU and sovereign cloud capacity, though the shift toward international clients means Indian enterprises should confirm capacity commitments in their contracts.
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