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Let’s have a detailed review of the company and analytics of the Bharat FIH IPO release date, IPO offer price, subscription, Bharat FIH Limited IPO allotment, grey market price, and other details like the company’s background, its financial positions, its promoters, and other related things.

Face ValueRs 10
Price BandRs [●]
Listing AtBSE, NSE
Min. Order QuantityNA
Listing DateNA
Offer for SaleRs 25,019 Million
Fresh IssueRs 25,019 Million
IPO SizeRs 50,038 Million
Tick Size1

Bharat FIH IPO is listed at a [●] premium. Check out the live share price by clicking on the below link.


Bharat FIH IPO – Summary

Bharat FIH IPOThey are the largest Electronic Manufacturing Services (EMS) provider in India, with approximately 15% market revenue share in Financial Year 2021 and more than twice the revenue of the second-largest EMS provider in the country in Financial Year 2021, according to the F&S Report.

In addition to their EMS services, which mainly comprise manufacturing services, they are building the capabilities to provide Original Equipment Manufacturers (OEMs), who are their brand-owning customers, with a comprehensive, vertically integrated “one-stop solution”.

The Promoter of this company is WONDERFUL STARS PTE. LTD. AND FIH MOBILE LIMITED. The lead manager to the issue is Kotak Mahindra Capital Company Limited, Citigroup Global Markets India
Private Limited, BNP Paribas, and HSBC Securities and Capital Markets (India) Private Limited and the Registrar to this issue are KFin Technologies Private Limited.


Bharat FIH IPO Date

The opening and the closing date of Bharat FIH IPO are not available yet.

Check out Related IPO Links:

Bharat FIH IPO GMP
Allotment – Bharat FIH IPO

Bharat FIH IPO Subscription

Day / DateQIBNIIRIITotal Subscription
1st Day – 
2nd Day –  
3rd Day – 
Shares Offered or Net Issue

The shares subscribed by the public will be updated here.

Check Bharat FIH IPO LIVE Subscription

  • Bharat FIH IPO LIVE Bid details on BSE
  • Bharat FIH IPO LIVE Bid details on NSE

For the Latest Bid details click on the above links.


Bharat FIH IPO Allotment Status

Here, you can find the Allotment Status of this IPO.

Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.

Bharat FIH Limited IPO Listing Date

Find the dates below on basis of allotment, refund, listing, and more:

Basis of Allotment Finalization
Refunds Initiation
Credit of Shares to Demat Account
Share Listing Date

Bharat FIH IPO Price

The face value of each share is Rs.10, but the price band of the IPO is Rs.[●] 


Bharat FIH IPO Size

This Initial Public Issue of X Equity Shares of Rs.10 each for cash at a price of Rs.[●]  per equity share aggregating to Rs.50,038 Million.


Bharat FIH IPO Share Offering

Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of [●] Equity Shares of Rs.10/ each.

Issue Size: X Equity Shares of Rs.10 each, aggregating to Rs.50,038 Million


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    Bharat FIH IPO – Live Performance

    The listing date of this IPO is [●]. You can check the live performance of the IPO here, only after it is listed on exchanges.

    Live IPO Performance – Bharat FIH Share Price

    Bharat FIH IPO Grey Market Premium

    The Bharat FIH Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is X. 


    Bharat FIH IPO – Company Overview

    Their service offerings are aimed at enabling their customers to reduce manufacturing costs, improve supply chain management, reduce inventory obsolescence and product fulfillment time, and accelerate their time-to-market, time-to-volume, and time-to-money requirements.

    They conduct their operations across three campuses based in the states of Andhra Pradesh and Tamil Nadu in India, each of which integrates manufacturing, warehousing, logistics, and accommodation facilities. Their campuses comprise an aggregate of 94 production lines, consisting of 29 surface mount technology (SMT) lines, 35 assembly lines, and 30 sub-assembly mechanics lines.

    Their campuses are staffed by a workforce of over 25,000, of whom approximately 85% are women and for a majority of whom they offer accommodation at or near their campuses. Their operations are enhanced by their product research and development teams, including at a recently inaugurated R&D center based at the Indian Institute of Technology (Madras) Research Park.

    Their R&D capabilities will enable them to offer customers innovative EMS and ODM solutions, and also provide technological solutions to increase operational and cost efficiencies in their own processes.


    Bharat FIH IPO – Financial Statements

    A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:

    Financial Summary:

    Amount (in INR & Million)
    30-Sep-2130-Sep-2031-Mar-2131-Mar-20Mar-19
    Total Assets87132.0189713.8987120.9186231.5288999.15
    *Total Revenue101698.3564,278.53159066.57266693.26343923.73
    Total Expense100503.2763430.28157101.52261959.52346036.98
    Profit After Tax891.71881.871619.153897.13(2228.71)

    Earnings per Equity Share (in Million)

    30-Sep-2130-Sep-2031-Mar-2131-Mar-20Mar-19
    Basic & Diluted0.370.370.682.08(1.57)

     

    Further, their PAT for the period ended on March 31, 2021, March 31, 2020, and March 31, 2019, were Rs. 1619.15 Million, Rs. 3897.13 Million and Rs. (2228.71) Million respectively.


    Bharat FIH IPO – Promoters

    The Promoter of this company is:

    1. WONDERFUL STARS PTE. LTD.
    2. FIH MOBILE LIMITED

    List of Related Parties (Key Managerial Personnel)

    • Yu Yang Chih, Chairman and Non-Executive Director
    • Hui-Chung Chen, Non-Executive Director
    • Kam Wah Danny Tam, Non-Executive Director
    • Clement Joshua Foulger, Managing Director
    • Ramaraj Rajasekar, Independent Director
    • Venkataramani Sumantran, Independent Director

    Bharat FIH IPO – Promoters Holding

    • Pre Issue Share Holding – %
    • Pos Issue Share Holding – %

    Bharat FIH IPO Offer Details or Issue Details

     Particulars No. Of Equity Shares
     Equity Shares Offered Up to X Equity Shares aggregating up to Rs.50,038 Million
    of which:
    Issue Reserved for the Market MakersUp to [●] Equity Shares aggregating up to Rs.[●]
    Million
    Net Issue to the PublicUp to [●] Equity Shares aggregating up to Rs.[●]
    Million
    Of which:
    Retail Investors Portion Not less than [●] Equity Shares
    Other than Retail Individual InvestorsNot more than [●] Equity Shares
     Equity Shares outstanding prior to the Issue2,380,944,980 Equity Shares
     Equity Shares outstanding after the IssueX Equity Shares

    Bharat FIH IPO Issue Object

    Their Company proposes to utilize the Net Proceeds towards funding the following objects:

    1. Funding capital expenditure requirements of their Company towards upgradation and expansion of their existing campuses;
    2. Investment in their Subsidiary, RSHTPL, for financing its capital expenditure requirements;
    3. Funding working capital requirements of their Company; and
    4. General corporate purposes.

    Bharat FIH IPO – Business Strategy

    • Deepen their relationship with industry-leading OEMs and diversify their customer base by expanding their business in new, high-growth industries
    • Enhance their ability to provide vertically integrated “one-stop” EMS and ODM solutions to their OEM customers
    • Expand their research and development capabilities as an integral part of their vertical integration strategy and to achieve greater cost-efficiency
    • Commence exports to attractive growth markets
    • Advance their recruitment, training, development, and ESG initiatives

    Bharat FIH IPO – Basis of Offer Price

    The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.

    Qualitative factors are:

    • Largest EMS provider in India by revenue market share, with the size, scale, and competencies to pursue substantial growth opportunities in the EMS market;
    • Availability of PLIs;
    • Long-term, strategic relationships with industry-leading OEM customers;
    • Large-scale, high quality, and state-of-the-art manufacturing and assembly capabilities;
    • In-house capabilities across the ODM value chain, enabling vertical integration;
    • Ability to drive innovation through advanced research and development capabilities;
    • Resilient, capital-efficient business with stable working capital cycle;
    • Experienced management with a demonstrated track record of delivering profitable growth; and
    • Strong parentage with global leadership, backed by an experienced management

    The relevant quantitative factors are:

    Basic & Diluted EPSRONW (%)NAV (Rs.)
    31-Mar-210.685.7111.91
    31-Mar-202.0814.57
    Mar-19(1.57)(14.22)

    Bharat FIH IPO: Competitive Peers

    Face Value (Rs.)P/EEPS  (Rs.)Return on Net Worth (%)Total Income (Rs. in Millions)
    Bharat FIH Limited10[●]0.685.71158,548.58
    Listed Peers
    Dixon Technologies (India) Limited2206.6227.4921.6764,481.70
    Amber Enterprises India Limited10131.0224.965.1930,305.20

    Bharat FIH IPO Lead Managers

    Lead Managers

    Kotak Mahindra Capital Company Limited

    Citigroup Global Markets India Private Limited

    BNP Paribas

    HSBC Securities and Capital Markets (India) Private Limited

    Bharat FIH IPO Registrar to offer

    Registrar to the Offer
    KFin Technologies Private Limited
    Selenium, Tower B, Plot No. 31-32
    Financial District, Nanakramguda,
    Hyderabad, Rangareddi 500 032
    Telangana, India
    Tel: + 91 40 6716 2222
    E-mail: bharatfih.ipo@kfintech.com
    Website: www.kfintech.com
    Investor Grievance e-mail:
    einward.ris@kfintech.com
    Contact Person: M. Murali Krishna
    SEBI Registration No.:
    INR000000221

    Bharat FIH IPO – Other Details

    • Statutory Auditor – Deloitte Haskins & Sells LLP, Chartered Accountants
    • Legal Counsel to the Company – Shardul Amarchand Mangaldas & Co
    • Bankers to the Company – Citibank N.A.


    Bharat FIH IPO Review by Stock Brokers

    Top Stock Brokers ReviewCompany ReputationCompetitive EdgeFinancial StatementPopularity IndexPromoters Reputation
    Angel Broking7.5/107.4/108.5/108.1/107.1/10
    Sharekhan7.2/107.1/108.6/108.1/107.2/10
    Kotak Securities7.3/107.5/108.4/108.1/107.3/10
    ICICI Direct7.3/107.3/108.7/108.1/107.1/10
    IIFL7.5/107.2/108.8/108.0/107.1/10
    Edelweiss7.5/107.4/108.4/108.3/107.2/10
    Zerodha7.4/107.1/108.5/108.1/107.0/10
    5Paisa7.1/107.1/108.4/108.1/107.1/10
    Karvy7.4/107.3/108.2/108.1/107.1/10
    Motilal Oswal7.1/107.1/108.6/108.3/107.2/10

     


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      Bharat FIH Limited IPO News

      News 1 – IPO DRHP Download

      News 2 – IPO RHP Prospectus Download


      Bharat FIH IPO Review FAQs

      What is the Issue Size of Bharat FIH IPO?

      The Company is making an initial public offer of NA equity shares. They vividly portray the aspects of the issue in this article. You can check the stats on the fresh issue, Offer for sale, and net issue.

      What is the Price band of Bharat FIH IPO?

      The price band for this particular IPO ranges between NA. As far as the face value of the share is of concern, it is Rs.10 per share.

      What is the Bharat FIH IPO Open Date?

      The opening and closing dates for this IPO have been updated. The IPO is set to open on NA, while the closing date is set at NA.

      What is the Bharat FIH IPO Allotment Date?

      They also have the news regarding the respective allotment dates of this IPO. Basis of Allotment finalization is on NA, refund initiation is on NA, credit of shares is on NA, and share listing date is on NA.

      What is the Bharat FIH IPO Listing Date?

      Shares of this company shall be listed in the exchanges NA. The date, when the listing would be done, is stagnant on NA.

      Who is the Registrar of Bharat FIH IPO?

      One of the reputed registrars is managing the issue of this IPO, i.e. KFin Technologies Private Limited. Their website will help you regarding the further information you are on the lookout for.

      Who is the Promoter of Foxconn Technology IPO?

      Here are the promoters of this IPO – WONDERFUL STARS PTE. LTD. AND FIH MOBILE LIMITED. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.

      What is the GMP of Foxconn Technology IPO?

      They have obtained the GMP of this IPO and it is NA. Further insights of Kostak rate and subject to sauda or SS are as well included in this report.

      Is Bharat FIH IPO good for Investment?

      They have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.

      What is the PAT of Foxconn Technology Group?

      They have the information of company financials, and according to that, they have the figures from the last few years to provide. PAT for the financial year 2021 in Million is 1619.15, 2020 is 3897.13, 2019 is (2228.71). PAT from Sep 2021 is 891.71.


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