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IT People India Ltd BSE:532342 NSE:

IT People India Ltd is engaged in Information Technology business. BSE code for IT People India Ltd is '532342'.

About Company

Incorporated in January 2000, IT People (India) Ltd is in the business of eRecruitment, Consulting and Outsourcing for IT industry in India. IT People (India) Ltd is a publicly listed company in BSE (Bombay Stock Exchange).

The e-Recruitment Portal of the company provides platform for employers, placement consultants, jobseekers and research companies in the IT Industry to post, search, advertise, and use researched information pertaining to their areas of interest.

IT People consulting business helps its clients in understanding the vital link between business processes, technologies and resource requirements.

IT People Ltd. has been appointed as Partners for India for promoting and marketing Dubai Outsource Zone (DOZ) and helping clients to set up their outsourcing base in DOZ. IT People (India) Ltd are also the Preferred Business Partner globally for providing recruitment and human resource consultancy services, facility management services, and build, operate and transfer services.

IT People India Ltd Stock Quotes and Charts

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  Previous Day's   52 Weeks
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  Industry*   Information Technology


IT People India Ltd User Reviews

1. Mann  Mar 13, 2008 1:53:12 AM IST Reply

August, 30 2007: Khandwala Securities Ltd & Religare Securities Ltd (Book Running Lead Managers (BRLM's)) for the Further Public Issue of the Company, have informed BSE that the Company has decided not to proceed with the issue, in terms of para 2 appearing on page no 112 of the Red Herring Prospectus.<br><br>The application money received from the applicants will be refunded in terms of the Red Herring Prospectus.<br><br>The Company has decided with the consent of the Board, not to follow through its current FPO, as certain key strategic investors have proposed for providing of long term equity participation in the Company. This would substantially complement and strengthen the companys long term plans and strategies.<br><br>The Company received a favorable response from the QIB & HNI participants in the FPO but due to a lack of response to desired levels from the retail investors (inspite of the issue been completely underwritten by the BRLMs) the Company has decided to withdraw the issue. The Company will take the opportunity of moving ahead with the interest shown by strategic investors.

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