In today’s briefing:
- Bharat FIH Pre-IPO – The Positives – A Whole Lot of Promise
Bharat FIH Pre-IPO – The Positives – A Whole Lot of Promise
- 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.
- In this note, we will talk about the positive aspects of the deal.
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