MoneyWorks4Me

Gaja Capital, GPE India sell 3.28% stake in TeamLease Services

21 Aug 2018 Evaluate

Gaja Capital and GPE India have together sold 5,61,353 shares or 3.28% stake in TeamLease Services for around Rs 148 crore through open market transactions on August 20, 2018.

Meanwhile, Franklin Templeton has purchased 4,82,400 shares of the company, while Kuwait Investment Authority picked 94,800 shares of the company.

TeamLease Services are one of India’s leading providers of human resource services with a vision of Putting India to Work. The Employment services include staffing solutions, recruitment services and compliance services.

Peers
Company Name CMP
SIS 418.30
Quess Corp 341.10
TeamLease Services 1172.95
Bluspring Enterprise 144.95
BLS Internatl. Serv. 224.25
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