22 Aug 07 IT People (India) Limited IPO : IT People IPO opens on 27th

IT People (India) Limited, an eRecruitment & Consulting company, targetting the global IT and ITES industry is coming out with an IPO through the book building process. IT People IPO will open for subscription on Monday, 27 August 2007 and will close for subscription on Friday, 31 August 2007. IT People (India) Limited will fix the price band for the IPO atleast 1 day prior to the IPO opening for subscription. As per the Draft Prospectus, IT People (India) Limited will use the proceeds of the IPO for investing in improving technology and for marketing and business expansion. Post IPO, the shares of IT People (India) Ltd will be listed only on the Bombay Stock Exchange (BSE). The lead manager for the IT People (India) Limited IPO is Khandwala Securities ltd. and Religare Securities Limited. The registrar for the IT People (India) Limited IPO is TSR Darashaw. For updates on the subscription / oversubscription ratio of IT People (India) Ltd IPO and to know the IPO allotment status, refund details and listing date of IT People (India) Ltd. IPO, do check this blog regularly.

IT People (India) Limited IPOÃ‚Â Prospectus
For more information, read the Draft Red Herring Prospectus of the IT People (India) Limited IPO Issue.

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