Bharat FIH Limited
mainboardupcomingAbout the company
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.
GMP trend (Grey Market Premium by date)
| Date | GMP (₹) | Est. Listing | Change |
|---|---|---|---|
| 04 Sep | ₹0 | ₹0 | -1 |
| 03 Sep | ₹1 | ₹1 | -2 |
| 02 Sep | ₹3 | ₹3 | 0 |
| 01 Sep | ₹3 | ₹3 | 0 |
| 31 Aug | ₹3 | ₹3 | -2 |
| 30 Aug | ₹5 | ₹5 | 0 |
| 29 Aug | ₹5 | ₹5 | +1 |
| 28 Aug | ₹4 | ₹4 | 0 |
Strengths
Risks
Financial performance (₹ Cr)
IPO Roadmap / Timeline
IPO Opens
UpcomingTBABidding starts for all investor categories
IPO Closes
UpcomingTBALast day to place your bid
Basis of Allotment
UpcomingTBAShare allotment finalised
Refund Initiation
UpcomingTBARefunds credited for non-allottees
Credit to Demat
UpcomingTBAAllotted shares credited to demat account
Listing on Exchange
UpcomingTBAShares list on NSE / BSE
Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.
Lot size & minimum investment
| Investor Type | Min Lots | Min Shares | Min Amount | Max Lots | Max Amount | Notes |
|---|---|---|---|---|---|---|
| Retail | 1 | 0 | ₹0 | Infinity | ₹NaN | ≤ ₹2,00,000 |
| sHNI (Small HNI) | Infinity | NaN | ₹NaN | Infinity | ₹NaN | ₹2L – ₹10L |
| bHNI (Big HNI) | Infinity | NaN | ₹NaN | Infinity | ₹NaN | > ₹10L |
Shares reserved per category & allotment probability
| Category | Reservation | Shares Offered | Amount (₹ Cr) | Shares Bid | Subscribed | Allotment % |
|---|---|---|---|---|---|---|
| QIB | 50% | NaN | NaN | NaN | 0.00x | 100% |
| NII | 15% | NaN | NaN | NaN | 0.00x | 100% |
| Retail | 35% | NaN | NaN | NaN | 0.00x | 100% |
Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).