Bharat FIH pre-IPO

Bharat FIH (BFIH) aims to raise around US$660m in its India IPO via selling a mix of both primary and secondary shares. BFIH is a subsidiary of Foxconn. Its initial operations were focussed on mobile phones, of late it has been expanding its portfolio to include mechanics, electric vehicles, televisions and hearables. Within the mobile phones space it was the largest EMS provider in India with a 20% market revenue share in FY22, as per F&S. BIH is the largest mobile phone manufacturing and asse...