Bharat FIH IPO Date

Bharat FIH IPO date is here for investors as it has filed its Draft Red Herring Prospectus with SEBI. Foxconn’s India unit Xiaomi phone maker Bharat FIH files DRHP for ₹5000 Cr IPO.

Bharat FIH is India’s leader in the manufacturing and services of the handset and wireless communications. They have been a leading part of India’s manufacturing revolution. Currently, Bharat FIH is one of the largest Electronics Manufacturing Services (EMS) in the country serving local and international brands.

Bharat FIH is the largest Electronic Manufacturing Services (EMS) provider in India. Excluding the EMS service, the company is trying to provide original equipment manufacturers (OEMs) with a comprehensive “vertically integrated one-stop solution” having a range of original design manufacturers. This includes product design, development, manufacturing, sourcing, logistics, and after-sales services.

Bharat FIH (BFIH) plans to emerge as a Global Integrated Design Manufacturer of electronics in India by putting its hold firmly on Atmanirbhar Bharat or Self Reliant India.

Bharat FIH IPO

 

Bharat FIH IPO Details 

Bharat FIH IPO date as expected will be early next year. It will be out soon in public for investors.

Bharat FIH IPO comprises of fresh issue of shares worth ₹2502 Cr and an offer for sale up to ₹2502 Cr by promoters and Foxconn Unit Wonderful Stars. The fresh issue will be used for funding capital expenditure towards the expansion of its existing campuses, Investment in subsidiaries, and support working capital requirements and general corporate purposes.

 

BFIH IPO Date

Bharat FIH IPO date is xx-xx-2022 – xx-xx-2022. The IPO date will be announced soon. The DRHP says Citigroup Global Markets India, Kotak Mahindra Capital Company Limited, BNP Paribas, HSBC Securities, and Capital Markets (India) Pvt Ltd as its lead managers.

Stay tuned for all details.

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