Hi Aravinth,
Yes it will create the users. To get the correct format of users on your system
Goto http://<host>:<port>/useradmin
Search for users. Select more than one user and click on "Export".
A text file will be exported. After that you can edit the text file and fill the details of all users you want to create.
You will see an option to upload the text file in useradmin menu itself.
Regards,
Anushree