Basis Goes Public: How a Russian IT Vendor’s IPO Strengthens Digital Sovereignty
Basis Heads for an IPO as Russia Pushes Toward Digital Sovereignty
Minority Shareholders Open the Door to the Public Market
The Russian enterprise‑software vendor Basis is preparing for an IPO on the Moscow Exchange, with the company aiming to raise around $55m for expansion. Shares for the placement will be provided by existing minority shareholders and will be available to both qualified and retail investors.
Five percent of the company’s stock has already been allocated to a long‑term incentive program for executives and key employees — an important signal that Basis sees talent retention as a strategic pillar of sustainable growth in the IT sector.
Dividend history also strengthens the company’s investment appeal. Basis paid out the equivalent of $6.7m for 2023 and plans approximately $9.4m for 2024.
Why Basis Matters
Basis is owned by RTK‑Data Centers, a subsidiary of Rostelecom. The group was formed four years ago through the merger of Tionix, Digital Energy, and Skala Software, with the goal of building a strong national vendor for IT‑infrastructure management.
Over the first nine months of 2025 the company generated about $38.7m in revenue, with full‑year growth projected at 30–40 percent compared to 2024. This performance reflects both its technological maturity and the accelerating preference among Russian enterprises for domestic solutions.
Basis has already earned major national awards, including “Brand of the Year in Russia 2025” in the IT‑innovation category and the 2025 RUSSOFT Award as a fast‑growing software company.
Shifting Market Dynamics
According to iKS‑Consulting, the market segment for dynamic IT‑infrastructure management software is expected to grow by an average of 16 percent annually through 2031 — from roughly $493m to $1.42b. With Western vendors exiting the Russian market and new data‑localization requirements expanding, demand for national products continues to rise.
A recent T1 Group study notes: “The balance of power is shifting toward domestic production, while imported systems stagnate or shrink. AI is a major driver, fueling the need for high‑density racks, GPU servers, faster networks, and high‑performance storage.”
In the medium term, Russian IT‑solutions may strengthen their export footprint as well. Countries in the EAEU, the Middle East, and Africa are actively searching for alternatives to Western technologies.
A New Standard for Russian IT Companies
Basis has already become part of the country’s digital backbone. Its products manage servers, cloud environments, networks, and other infrastructure powering banks, industrial firms, insurers, telecom operators, and government agencies.
For investors, the IPO opens direct access to one of Russia’s fastest‑growing tech sectors. For the broader IT industry, it establishes new expectations around transparency, scalability, and maturity. Basis’s IPO is not just a corporate milestone — it is an indicator of Russia’s evolution into a competitive, investment‑ready digital economy.
