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Bharat FIH Limited

Bharat FIH Limited

upcoming
TBAMin. investment

Bharat FIH Limited IPO Details

IPO type
Regular
RHP/DRHP
Read

Bharat FIH Limited Timeline

  1. Pre-apply
    To be announced
  2. Bid start
    To be announced
  3. Bid end
    To be announced
  4. Allotment
    To be announced
  5. Release of funds
    To be announced
  6. Demat transfer
    To be announced
  7. Listing
    To be announced
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.

Bharat FIH Limited Contact Details

Company NameBharat FIH Limited

How to apply for Bharat FIH Limited?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Bharat Fih Limited IPO FAQs