Anant Raj Invests Rs 4,500 Crore in Andhra Pradesh for Advanced Data Center and IT Park
Anant Raj, a leading real estate developer, is set to invest Rs 4,500 crore in Andhra Pradesh to develop state-of-the-art data center and IT park facilities. This significant investment will create thousands of jobs and bolster the state's digital ecosystem.
Anant RajData CenterAndhra PradeshIt ParkDigital InfrastructureReal EstateNov 15, 2025
The company recently raised Rs 1,100 crore through a Qualified Institutional Placement (QIP). This capital will be primarily used to expand the data center business. Anant Raj Cloud Private Limited (ARCPL), a wholly-owned subsidiary of Anant Raj Limited, has signed a Memorandum of Understanding (MoU) with the Andhra Pradesh Economic Development Board (APEDB) to facilitate this ambitious project.
According to the MoU, ARCPL will invest approximately Rs 4,500 crore, to be executed in two phases, towards building advanced data center infrastructure and cloud services. The project is expected to generate around 8,500 direct and 7,500 indirect jobs, significantly contributing to the state's economic growth and digital transformation.
This planned investment is in addition to the company's existing 307 MW of data center capacity currently under development. The collaboration with APEDB aims to accelerate the development of world-class digital infrastructure in Andhra Pradesh. The board will provide facilitation support and coordination with relevant government bodies to ensure timely execution of the project.
Anant Raj Limited currently operates 28 MW of IT load across its campuses in Manesar and Panchkula. The company has set an ambitious goal to expand its total capacity to 307 MW by FY32, with a $2.1 billion capital expenditure plan. In June 2024, Anant Raj partnered with Orange Business, a leading French IT and telecom services provider, to deliver managed cloud services in India.
The Group remains on track to achieve an installed IT load capacity of approximately 117 MW by FY28 across its strategic data center locations in Manesar, Panchkula, and Rai. Established in 1969, Anant Raj has delivered 9.96 million square feet of residential and commercial projects and holds nearly 320 acres of debt-free land in Delhi-NCR. For the first half of FY26, the company reported a revenue of Rs 1,223.20 crore and a profit after tax (PAT) of Rs 264.08 crore.
For the QIP, the company set the floor price at Rs 695.83 per share and issued shares at Rs 662.00 per share, reflecting a 4.86% discount. The top institutional investors participating in the QIP include Société Générale – ODI, BNP Paribas Financial Markets – ODI, Morgan Stanley Asia (Singapore) Pte., Jupiter India Fund, and Kotak Mahindra Life Insurance Company Ltd.
This significant investment by Anant Raj in Andhra Pradesh underscores the company's commitment to driving digital innovation and economic growth in the region. It is expected to attract further investments and collaborations, positioning Andhra Pradesh as a hub for advanced data center and IT services.
Frequently Asked Questions
What is the total investment by Anant Raj in Andhra Pradesh for the data center and IT Park?
Anant Raj will invest Rs 4,500 crore in Andhra Pradesh for the development of advanced data center and IT Park facilities.
How many jobs will this project create?
The project is expected to create around 8,500 direct and 7,500 indirect jobs.
What is the current IT load capacity of Anant Raj?
Anant Raj currently operates 28 MW of IT load across its campuses in Manesar and Panchkula.
What is the target IT load capacity by FY32?
Anant Raj aims to expand its total capacity to 307 MW by FY32.
Who are the top institutional investors in the QIP?
The top institutional investors participating in the QIP include Société Générale – ODI, BNP Paribas Financial Markets – ODI, Morgan Stanley Asia (Singapore) Pte., Jupiter India Fund, and Kotak Mahindra Life Insurance Company Ltd.
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