<ul><li>Experts say that public markets will want at least ₹100 crore in EBITDA or ₹50 crore in PAT. So the minimum market cap is in the $100 million range.</li><li>Startups with very small profit pools should evaluate listings on the SME exchanges.</li><li>These startups can be risky for investors—particularly those in the retail participants, who may not possess the knowledge to navigate such volatile markets effectively. </li></ul>There’s a new word that has entered the lexicon of startups – profitability. During the pandemic, when money was literally available on tap, startups found newer ways to burn the cash. Now that the bubble has burst and even the most celebrated decacorn has fallen from grace, founders are now learning the meaning of ‘profitable’ growth. Many startups are now announcing that they are profitable, even if the pool of profit continues to be very small. From being a fad, profitability is no longer optional as many startups are looking to tap public markets. In August 2023, <keyword id="3480589" type="General" weightage="20" keywordseo="meesho" source="Orion">Meesho</keyword> became the first horizontal e-commerce company to turn profitable and <keyword id="12437554" type="General" weightage="20" keywordseo="zepto" source="Orion">Zepto</keyword> soon followed with its own plans to cut cashburn ahead of a public listing. The question is: Can a modest profit attract investors to these new age cash guzzling businesses? Experts say that public markets have also become more selective. Look no further than the performance of Nykaa, Zomato, PB Fintech and Paytm after they listed. After the first batch of companies hit public markets, many market experts believe that turning in a small profit will not be enough to get sky high valuations. Mukul Gulati, president and CIO of Zephyr Management, says: “The Indian IPO market will want a certain size. They may want at least ₹100 crore in EBITDA or ₹50 crore in PAT. So the minimum market cap, you know, we’re talking about $100 million at the time of listing. If the profit pools are small for a long period of time, I think it’s going to be hard for any such company. There are exceptions, and exceptions are what sometimes ruin people.” Many founders cite the example of Amazon and how its profit pool remained small for a prolonged period of time as it was in investment mode for a long period of time. Meesho, a homegrown e-commerce marketplace, in August announced that it was the first horizontal e-commerce company in India to turn profitable. Investors looking to participate in India’s ecommerce story will need to keep in mind that the valuation will continue to be premium even for those startups that are turning in a small profit. In conversation with Business Insider earlier, Dhiresh Bansal of Meesho had said that the investment phase of <keyword id="2791056" type="General" weightage="20" keywordseo="new-age-companies" source="Orion">new-age companies</keyword> is slightly longer but they generate very large pools of cash over a period of time. For some of these new age companies that do not have a clear roadmap to profits can also look at SME exchanges for listing. Explains Abhimanyu Bisht, General Partner, CapFort Ventures: “SME Exchange is emerging as a very good option for startups which are building a steadily profitable enterprise since the early days of their businesses. We have seen in the past couple of years few tech businesses, which could have also raised some private capital from VCs and have been running profitably since a while, going on to raise from the public market investors via the SME exchange. The stocks' performance shows confidence of investors in the company's future and their appreciation in how the business has been built so far. This is in turn becoming a good avenue for VCs to get an exit from investments which are being run well as a growing business but might not be attractive to larger private capital investors.” Many argue that new age companies looking to tap public markets with small profits should be seen as long term plays. Srikanth V J Tanikella, managing partner, Pavestone Capital, says: “While traditional metrics emphasize profitability, these firms prioritize scale, innovation, and market disruption. VCs often support this approach, valuing potential market dominance over immediate profitability. However, sustained success demands a clear roadmap to profitability, scalable operations, and market resilience. Evaluating these ventures involves assessing disruptive potential, market traction, and sustainable growth strategies.” One of the greatest exceptions is Amazon but it is one of the rare examples where analysts have correctly believed that when the company stops investing, it will be profitable. In many years, Amazon has done that to prove its point. Most companies who are telling a similar story to investors are living in fantasy land, says Gulati. Companies that are actually not profitable or minorly profitable because they don’t have the market leadership or the pricing power or the industry structure. It doesn’t lend itself to profitability. If profit pools are perpetually small, companies will continue to struggle to go public. And if they do go public, their stock price will not do well. Primary markets are increasingly being tapped by startups that, despite their modest profits, are looking to raise capital. These enterprises can pose risks for investors—particularly those in the retail sector, who may not possess the experience needed to navigate such volatile markets effectively. Explains Sunil Shekhawat, CEO, Sanchiconnect, “There's a concern that this trend is merely a mechanism for initial backers to exit, transferring the investment risk onto less-informed retail investors. Should these startups lack a concrete strategy for profitability and sustained growth after their IPO, the repercussions could be severe, not only for individual investors who may see their investments diminish but also for the broader startup ecosystem. Excessive hype on social media can mislead retail investors into backing these ventures without fully grasping the business fundamentals, leading to significant financial losses.” Investors have burnt their fingers with such in the past. A prudent approach for startups would be to adopt a more economical operational model and establish a clear, achievable path to profitability before pursuing a public offering, thereby safeguarding investor interests and maintaining the integrity of the startup ecosystem.

Startups with small profit pools should think twice before launching their IPOs

<ul><li>SBFC Finance is expected to announce its share allotment status on August 10.</li><li>The shares of SBFC Finance were subscribed by 70.16 times overall.</li><li>The shares are expected to be listed on the stock exchanges on August 16.</li></ul> Mumbai-based SBFC Finance, a non-deposit-taking non-banking finance company (NBFC), is expected to announce the allotment status of its initial public offering (IPO) today, that is August 10. The <keyword id="16911177" type="General" weightage="20" keywordseo="sbfc-finance-ipo" source="Orion">SBFC Finance IPO</keyword> opened on August 3 and closed on August 7. The price band for the IPO was ₹54 to ₹57 per share. <cmsannotation type="cmsannotation" annotationid="Robust subscription" comment="subhead" text="Robust subscription">Robust subscription</cmsannotation> On its last day, the SBFC Finance IPO was subscribed 70.16 times, receiving bids for 936.76 crore equity shares against 13.35 crore shares on offer. While the qualified institutional buyer (QIB) portion was subscribed 192.90 times, the non-institutional investors portion was subscribed 49.09 times. The retail portion also witnessed good participation and was subscribed 10.99 times. The employee portion was subscribed 5.87 times. <cmsannotation type="cmsannotation" annotationid="Grey market premium" comment="subhead" text="Grey market premium">Grey market premium</cmsannotation> The shares of SBFC Finance are currently commanding a grey market premium (GMP) of ₹40 per share. GMP is the premium at which IPO shares are traded in an unofficial market before they are listed on the stock exchanges. <cmsannotation type="cmsannotation" annotationid="Here’s how to check the IPO’s allotment status" comment="subhead" text="Here’s how to check the IPO’s allotment status">Here’s how to check the IPO’s allotment status</cmsannotation> You can check the allotment status on the registrar’s website. <ul><li>To check the <keyword id="18245331" type="General" weightage="100" keywordseo="sbfc-finance-ipo-allotment" source="Orion">SBFC Finance IPO allotment</keyword> status, visit the registrar’s website<a href="https://kosmic.kfintech.com/ipostatus/"> here</a>.</li><li>Click on ‘Company Selection’ and then select ‘SBFC Finance’.</li><li>Now, enter your PAN, application number, DP / Client ID or Account number / IFSC.</li><li>Click on ‘Search’.</li></ul>You will be able to see your application status. It will display the number of shares that you have applied for and the number of shares that have been allotted to you. You can also check the SBFC Finance IPO allotment status on the BSE and NSE websites. To check the allotment status on BSE or NSE website: <ul><li>Go to the BSE<a href="https://www.bseindia.com/investors/appli_check.aspx"> website</a>.</li><li>On the website, click on 'Equity' and then select ‘SBFC Finance’ from the dropdown menu.</li><li>Now, enter your application number and PAN.</li><li>Click on 'Search'.</li></ul>You will be able to see the number of shares allotted to you. You can click<a href="https://www.nseindia.com/products-services/initial-public-offerings-bid-verification"> here</a> and log in to check your allotment status on NSE. <cmsannotation type="cmsannotation" annotationid="SBFC Finance listing date" comment="subhead" text="SBFC Finance listing date">SBFC Finance listing date</cmsannotation> The shares of SBFC Finance will be listed on the stock exchanges on August 16. SEE ALSO: <a href="https://www.businessinsider.in/tech/mobile/news/indian-smartphone-market-sees-a-declines-in-q2-vivo-in-the-lead/articleshow/102417485.cms">Indian smartphone market sees a declines in Q2; Vivo in the lead</a> <a href="https://www.businessinsider.in/business/auto/news/electric-two-wheeler-sales-recover-in-july-2023/articleshow/102347978.cms">Electric two-wheeler sales recover after spending June in the pitlane</a> <a href="https://www.businessinsider.in/business/auto/news/auto-sales-slip-5-percent-in-july-companies-build-up-inventory-ahead-of-the-festive-season/articleshow/102494498.cms">As auto sales slip in July, dealers pin hopes on upcoming festive fervour</a>

SBFC Finance IPO – How to check allotment, listing date, GMP and more

<ul><li>Midcaps saw good participation from retail, HNI and mutual funds in 2023.</li><li>Midcaps might not keep up with their outperformance in 2024, but investor interest will continue.</li><li>High quality midcaps like Tata Tech, IREDA and JSW Infra listed in 2023.</li><li>A lot of sunrise and growth sectors with consumption themes are captured in midcaps, experts say. </li></ul> The year of 2023 will be remembered for its mid and small cap bull run. While Nifty gained 13% during the year, <keyword id="1435332" type="General" weightage="80" keywordseo="nifty-midcap" source="Orion">Nifty midcap</keyword> surged 3x faster – at 39%. Small caps were even more agile swelling by 48%, leaving large cap stocks in a bear market zone. After a good year, most people are asking — will the midcap party spill over into the New Year? In 2023, midcaps across sectors saw their order books swell, profitability rise due to benign commodity prices and more such. In the coming year, a lot of troubles could be exposed, says Kotak Securities. “The largecap and high-quality midcaps are in a bull market, with the weak operating performance in the short term and likely deterioration in fundamentals in the medium term being largely ignored by the market. Several low-quality midcaps and smallcaps in general are in a bubble market, with the market attaching unrealistic narratives to many stocks,” said Kotak Securities. Ripe for correction? The time seems ripe for a correction, especially in the short-term. “Investors should remember that after such a strong rally in midcaps, there is a high probability that these stocks might witness heightened volatility in the short term,” Nishit Master, portfolio manager at Axis Securities Portfolio Management Services told Business Insider India. Experts believe only those midcaps that show good earnings performance will be able to hold on to their high valuations. “In the short term, we might witness profit booking in the small and midcap space by traders as they move from stocks and sectors that have done exceedingly well to sectors and stocks where they feel they can hunt for bargains. However, long-term investors will stick to well-performing stocks where the earnings growth trajectory still remains strong,” says Master. Some midcaps however hold a 15-20% upside as some sectors have room for growth, say experts. “Most stocks are ahead of their target price due to change in the business cycle as well as the environment. But there is still room for growth in defence and sugar stocks as the cycle is favourable, and policy also helps,” says Vaibhav Kaushik Research Analyst at GCL Broking. <img src="https://lh7-us.googleusercontent.com/k5vJTfW1YIdguLLcOTolYDitUKq4s28eBrYAQl-n8fa79XEugONl_vR_g_MOzzHjcmvb7ip1J-BgQBzRyMq2E_62xUaKfrcBpOfXqrITSZEIIb4iq_Uj2ejoNYaY5FDJvdb-tETODLiOcW7o_wtJOkY" /> The midcap sun will keep shining Midcaps might not see the sharp run, but investors are far from swearing off these stocks. One clue of this comes from the heavy inflows into these categories of mutual funds. As more and more investors are rushing to open mutual funds, a record amount of ₹21,519.98 crore went into midcap funds, according to Association of Mutual Funds in India (AMFI). As per the latest data available, investors poured in as much as ₹2,665.73 crore in November. There has been a lot of direct participation from retail and HNI investors in the markets too. That’s because <keyword id="135899" type="General" weightage="90" keywordseo="midcap-stocks" source="Orion">midcap stocks</keyword> have many interesting themes that large caps do not offer. “A lot of companies in the consumption theme like Quick Service Restaurants (QSRs) or luggage companies, transportation and logistics companies, manufacturing and cap goods also fall under midcaps. Many upcoming and sunrise sectors are getting captured in the midcaps,” says Jaiprakash Toshniwal, senior equity analyst at LIC Mutual Fund. Moreover, the many successful initial public offers (IPOs) of the year also added a lot of variety if not velocity to the midcap index. “A lot of freshly listed companies have a marketcap between ₹8,000-25,000 crore which is the midcap category,” says Toshniwal. Tata Technologies, JSW Infrastructure, IREDA, and Honasa Consumer etc. are some newly listed mid cap stocks that have piqued investor interest. If the primary markets keep up with their fervour, there will be more options for investors. In the coming year, investors might become selective of their midcap bets, but won’t go slow. “Midcaps’ overall capital efficiency has improved as seen from their return on equity (RoEs) in 2023. We believe that small and midcaps have the potential to outperform large caps in the medium to long run. Still, the extent of outperformance might not continue in 2024,” says Master. <div type="javascript" title="Custom" contenttype="Image"><cdata><![CDATA[<blockquote class="stocktwits-embedded-post" data-origin="https://stocktwits.com" data-id="554038871"> Everyone know that Market is on boom nowdays ...we can say that post covid 19, Indian stock market picked up pace with a resound growth trajectory .... Here we are digging out the picture of growth Story of last 3 years in all market components &amp; trying to fetch the picture behind this with proper set of data .... Overall picture we can consider in NIFTY 500 Indices (top 500 companies in market caps) Nifty 100 (constitute the top 100 companies in market cap) Nifty Midcaps 150 (constitutes next 150 companies according to market caps behind nifty 100) Nifty smallcaps 250 (constitutes next 250 companies according to market caps behind nifty midcaps 150) A long Thread .....(please read till last) Continues .... $NIFTYMIDCAP100.NSE &mdash; (@StockAce_ResearchAnalyst) <a href="https://stocktwits.com/StockAce_ResearchAnalyst/message/554038871"> December 11, 2023</a></blockquote><script async src="https://stocktwits.com/min/widgets.js" charset="utf-8"></script>]]></cdata></div>

Bulls & Bubbles: Midcaps will move but not as fast in 2024

<ul><li>RBI Governor <keyword id="6359111" type="General" weightage="50" keywordseo="shaktikanta-das" source="Orion">Shaktikanta Das</keyword> has announced the introduction of <keyword id="18348799" type="General" weightage="20" keywordseo="conversational-payments" source="Orion">conversational payments</keyword> on <keyword id="6358921" type="General" weightage="100" keywordseo="upi" source="Orion">UPI</keyword>.</li><li>Conversational payment involves the use of AI to make payments easier.</li><li>The central bank has also announced offline UPI payments using NFC end an increase in <keyword id="13424650" type="General" weightage="50" keywordseo="upi-lite" source="Orion">UPI Lite</keyword> limit.</li></ul>UPI (Unified Payments Interface) has made payments easier but the endeavour to simplify procedures is an ongoing process. Currently it involves QR code scanning, clicking and entering PIN for each transaction. Now, India's central bank is bringing in AI (artificial intelligence) to make it easier to pay with <keyword id="18349905" type="General" weightage="20" keywordseo="conversational-upi" source="Orion">conversational UPI</keyword>. The Reserve Bank of India (RBI)’s Governor Shaktikanta Das made major announcements related to UPI at the<a href="https://www.businessinsider.in/policy/economy/news/rbi-policy-mpc-holds-fire-and-keeps-repo-rate-unchanged-inflation-forecast-raised/articleshow/102594613.cms"> Monetary Policy Committee</a> (MPC) meeting. The central bank held its third bi-monthly monetary policy meeting for FY24 on Thursday. At the meet, the governor announced the decisions of the committee. <cmsannotation type="cmsannotation" annotationid="UPI gets AI for conversational payments" comment="subhead" text="UPI gets AI for conversational payments">UPI gets AI for conversational payments</cmsannotation> UPI will soon get artificial intelligence (AI) as the central bank looks to make UPI transactions more interesting. Conversational payments will involve the users engaging in conversation with AI-powered systems to make payments. “Conversational payments on UPI will enable users to engage in conversation with AI systems to make payments,” RBI governor Shaktikanta Das said at the meeting. This has been done with an intention of “harnessing new technologies for enhancing the digital payments experience for users”. While it is not exactly clear how conversational payments will work, the central bank will likely push for an AI chatbot like ChatGPT that will make it easier for users to make payments. "This channel will be made available in both smartphones and feature phones-based UPI channels, thereby helping in the deepening of digital penetration in the country," the central bank said. <cmsannotation type="cmsannotation" annotationid="Offline UPI payments using NFC" comment="subhead" text="Offline UPI payments using NFC">Offline UPI payments using NFC</cmsannotation> Das has also announced the introduction of offline UPI payments using near field communication (NFC) technology through UPI Lite. To recall, UPI Lite was introduced in September 2022 and allows users to use on-device wallets to make instant payments without the need of a UPI PIN. The new announcement will make it easier for customers to make payments, as all you will have to do is tap your smartphone on the point-of-sale (PoS) machine to make the payment. “To promote the use of UPI-Lite, it is proposed to facilitate offline transactions using NFC technology. This feature will not only enable retail digital payments in situations where internet or telecom connectivity is weak or not available, it will also ensure speed, with minimal transaction decline,” the MPC statement said. <cmsannotation type="cmsannotation" annotationid="Increase in UPI Lite limit" comment="subhead" text="Increase in UPI Lite limit">Increase in UPI Lite limit</cmsannotation> The central bank has also announced an increase in the limit of UPI Lite transactions from the existing ₹200 per transaction to ₹500 per transaction. However, the bank continues to restrict the overall limit per instrument to ₹2,000. <cmsannotation type="cmsannotation" annotationid="Experts welcome move" comment="subhead" text="Experts welcome move">Experts welcome move</cmsannotation> Experts have welcomed the central bank’s move towards conversational payments and push for offline UPI. “Offline payments in UPI will add to the customer convenience and on the other hand, facilitating conversational payments on UPI through artificial intelligence is a futuristic move and will have a transformative impact on digital payments,” said Aditya Damani, founder &amp; CEO, Credit Fair. “The RBI Governor's announcement today regarding the introduction of conversational payments and offline functionality in UPI Lite marks a pivotal step that is set to reshape India's economic trajectory. These advancements hold the potential to revolutionise the digital payment ecosystem and drive financial inclusion to new heights,” said Rajsri Rengan, India Head of Development, Banking and Payments, at FIS. SEE ALSO: <a href="https://www.businessinsider.in/stock-market/news/sbfc-finance-ipo-how-to-check-allotment-status/articleshow/102564696.cms">SBFC Finance IPO – How to check allotment, listing date, GMP and more</a> <a href="https://www.businessinsider.in/tech/news/hp-omen-17-gaming-laptop-review-price-performance-and-design/articleshow/102570650.cms">HP OMEN 17 review: A powerful but heavy gaming laptop with a large display</a> <a href="https://www.businessinsider.in/business/auto/news/auto-sales-slip-5-percent-in-july-companies-build-up-inventory-ahead-of-the-festive-season/articleshow/102494498.cms">As auto sales slip in July, dealers pin hopes on upcoming festive fervour</a>

UPI joins the AI bandwagon, offline payments get a push

<ul><li>The phrase "<keyword id="14520" type="General" weightage="100" keywordseo="black-friday" source="Orion">Black Friday</keyword>" was first used by Philadelphia's police departments in the 1950s. </li><li>Black Friday primarily refers to the sales period during or right after <keyword id="32170" type="General" weightage="20" keywordseo="thanksgiving" source="Orion">Thanksgiving</keyword>, where brands go all guns blazing, claiming to offer heavily discounted prices online and offline. </li><li>Even in India, retailers are offering discounts on mobiles, apparel, white goods, electronics to name a few. </li></ul>A month before the arrival of <keyword id="6454936" type="General" weightage="50" keywordseo="santa-claus" source="Orion">Santa Claus</keyword>, and a day after Thanksgiving comes a day that’s very important to buyers and sellers alike – Black Friday. The day which kicks off the Christmas shopping season is known for its deep discounts, sales and product launches. The concept of having a sale on Black Friday originated from the United States – the country which celebrates Thanksgiving. But it wasn’t always associated with shopping. The phrase Black Friday was first used by Philadelphia's police departments in the 1950s to name the chaos that followed Thanksgiving. At that time, a football game would draw hundreds of suburban tourists into the city, which would be problematic for the police to control. However, there is another bleak reason why the phrase was coined. On Friday, September 24, 1869, plummeting gold prices dragged down the American stock markets, sending thousands into bankruptcy. “The crash was a consequence of an attempt by financier Jay Gould and railway magnate James Fisk to corner the gold market and drive up the price,” as per the <a href="https://www.britannica.com/story/why-is-it-called-black-friday">Encyclopedia Britannica</a>. Thankfully, currently Black Friday primarily refers to the sales period where brands go all guns blazing, claiming to offer heavily discounted prices on appliances, fashion, gadgets and more. This year, the Black <keyword id="15591763" type="General" weightage="50" keywordseo="friday-sale" source="Orion">Friday Sale</keyword> begins from Friday, November 25 and ends on Monday, November 28 - which also happens to be <keyword id="1461657" type="General" weightage="20" keywordseo="cyber-monday" source="Orion">Cyber Monday</keyword> i.e. when deals on electronic devices fall on the first Monday after Thanksgiving. Black Friday in India too India, which just got done with its own festive season sale lasting a month between September 22 to October 23, is also leaving no chance to jump onto the bandwagon. Amazon, Croma, TataCliq, Myntra, and Flipkart are some of the companies offering Black Friday deals. And, a large number of steep deals are being offered in the fashion category, especially for Western wear. TataCliq is offering up to <a href="https://www.tatacliq.com/black-friday-prebuzz?cid=af:homepage:RED+PIXELS+VENTURES+LIMITED:hasoffers:15032017">85% discount</a> for premium <a href="https://www.business-standard.com/article/companies/tata-cliq-luxury-plans-black-friday-sale-from-november-23-at-a-large-scale-122112100797_1.html">brands</a> like Kate Spade, Calvin Klein, Lacoste, <keyword id="226977" type="General" weightage="50" keywordseo="michael-kors" source="Orion">Michael Kors</keyword>, Aldo, <keyword id="15616962" type="General" weightage="50" keywordseo="dune-london" source="Orion">Dune London</keyword>, Hoka. H&amp;M is offering 30% off on Black Friday and other brands like <keyword id="4291829" type="General" weightage="50" keywordseo="zara-india" source="Orion">Zara India</keyword>, <keyword id="567332" type="General" weightage="50" keywordseo="puma-india" source="Orion">Puma India</keyword>, Adidas are also offering at least 40% discounts on its products, both online and offline. Myntra Black Friday haul is between November 25-27 presenting discounts of flat 70% on 1.5 lakh styles with brands like Mango, Marks &amp; Spencer and more. Retailers and brands both are offering deals in electronics too. Noise (smartwatches, Airpods), Steam and PlayStation are offering deals on gaming equipment and offers on PC gaming titles. Croma India will give discounts on white goods, home appliances, Apple MacBook (starts ₹77,090), iPads (starting at ₹25,000) and iPhones (starting at ₹56,990) at discounted prices. It began its Black Friday sale from 18 November which will conclude on 27 November. Flipkart is kickstarting its Black Friday deals from November 25, offering 50-inch smart TVs beginning from ₹23,999. List of companies offering Black Friday and Cyber Monday Sales in India: <table style="border-width: initial; border-style: none; table-layout: fixed; width: 468pt;"><colgroup></colgroup><col /><col /><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Company </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Duration of Black Friday Sales 2022 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Myntra Black Friday Haul 2022 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">November 25-27 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Croma Darkest Black Friday Sale </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">November 18-27 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Tata CliqLuxury Black Friday Sale 2022 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">November 23-28 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Noise Black Friday Sale 2022 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">November 22-25 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Flipkart Black Friday Sale 2022 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">November 25-30 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Adidas India Black Friday Sale </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">November 25-27 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Puma Black Friday Sale </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">November 25-28 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Zara Black Friday Sale </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">November 25-28 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">H&amp;M Black Friday Sale </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">November 25 </td></tr></tbody></table> Too Good to be true? Recheck deal, says FBI With sales come scams, and this time dark entities are doing the rounds on the web looking to cash in on the festive fervour to shop online. The Federal Bureau of Investigation or FBI has given a warning on frauds that are lurking in the guise of offers. It is essential to check the official legitimacy of websites, according to Jeffrey R Downey, Special Agent in Charge of the FBI El Paso Field <a href="https://www.gadgetsnow.com/tech-news/planning-to-shop-in-blackfriday-and-cyber-monday-sales-fbi-has-a-warning/articleshow/95753579.cms">Office</a>. In addition, fake social media surveys during sale festivities are opening gateways to mine personal information. Fraudulent gift cards, unverified donations to charity organisations online, fake job postings, offers for free smartphones are some other ways unassuming customers are tricked. (with inputs from ANI) SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/adani-to-raise-rs-20000-cr-through-fresh-share-issue/articleshow/95764529.cms">Adani to raise Rs 20,000 cr through fresh share issue</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/uniparts-indias-836-crore-ipo-to-open-on-november-30/articleshow/95764556.cms">Uniparts India’s ₹836 crore IPO to open on November 30</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/a-year-after-market-debut-paytm-is-the-worst-performer-among-recent-large-ipos-cartrade-policybazaar-and-lic-join-the-party/articleshow/95762071.cms">A year after market debut, Paytm is the worst performer among recent large IPOs – Cartrade, Policybazaar and LIC join the party</a>

You Searched For "ipo fervour" and got 5 results

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