IT People IPO opened for subscription today. IT People IPO received a very poor reception from investors. There wasn’t a single bid made by institutional investors and HNI’s. Retail category also received very poor subscription. The IT People IPO will close for subscription on August 31, 2007. Do check back on friday to check the final subscription details of IT People IPO.
It’s a company with very poor track record. And FPO is not justified at all. Don’t risk your hard earn money!!!!