Important dates with respect to IPO allotment and listing
IPO Open Date
To be announced
Starting in 2015, Bharat FIH is the largest EMS focused on manufacturing mobile phones. In FY2021, Bharat FIH's market share was 23% by revenue, double the second-largest EMS provider.
As a company, its primary operation is Original Equipment Manufacturing (OEM) for brand partners.
Bharat FIH IPO Objectives
- Rs 2501.9 crore raised from new shares will be used for funding working capital and meeting capital requirements for the upgradation and expansion of the company.
Why should you invest in the Bharat FIH IPO?
- They are the largest mobile handset manufacturing and assembly services provider to Xiaomi Technology India Private Limited.
- The company is building capacity to diversify its portfolio to mechanics, electric vehicles, television, and hearables.
- The Indian electronic consumption market is anticipated to grow at 18.4% CAGR in the next five years.
Bharat FIH Limited IPO
The Bharat FIH's Rs 5003.8 crore IPO comprises new shares worth Rs 2501.9 crore and an offer for sale of the same valuation. Bharat FIH is the country's largest Electronics Manufacturing Service (EMS) provider, with a 23% market share by revenue.
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