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Bharat FIH Limited
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Bharat FIH Limited IPO Details
Issue size
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IPO type
Mainboard
RHP/DRHP
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IPO type
Regular
RHP/DRHP
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In 2014, Nokia closed its mobile manufacturing operations in India due multiple local challenges. This put a dampener on India’s electronic manufacturing services (EMS) space. However, this subdued sentiment was short-lived.
The following year, Bharat FIH – a part of Taiwan headquartered Foxconn Technology Group – commenced its journey in India with a focus on mobile phone manufacturing.
Since then, the company has made strong inroads in the country, riding on the increasing mobile phone penetration. Today, it is the largest EMS provider to the mobile phone industry in India, with 23% market revenue share in FY21. In fact, it is the largest mobile phone manufacturing and assembly services provider to Xiaomi, which is the leader in the Indian smartphone industry.
Besides this, it has also started catering to high-growth industries such as mechanics, electric vehicles, televisions, telecom and hearables. And now, the company is planning to launch the Bharat FIH IPO to raise money. The money raised through the fresh issue of the Bharat FIH Ltd IPO will be used to expand the mobile manufacturing capacity as well as further fuel the diversification of the business.
Frequently asked questions
How to invest in the Bharat FIH Limited ?
Investors can apply for the Bharat FIH Limited through their Demat account via the stock exchange or through their broker.
What is 'pre-apply' for Bharat FIH Limited ?
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
Which exchanges will Bharat FIH Limited shares list on?
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Who is the registrar of Bharat FIH Limited ?
For Bharat FIH Limited, the IPO registrar is KfinTechnologies Limited. You can check Bharat FIH Limited allotment status on the website of the registrar.
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