.Its own market capitalisation at Monday's closing rate remained at more than Rs 28,000 crore Photo: Bloomberg2 min read through Final Upgraded: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises plans to raise as much as Rs 1,500 crore by marketing equity allotments to institutional financiers as aspect of its own approach to expand organization.The provider on September 2 released its own Qualified Institutional Positioning (QIP) issue to increase funds.In a governing submitting late on Monday, Unit Enterprises notified that a board of directors authorized the opening of the QIP Issue on Monday.The board likewise approved the flooring price for the QIP problem at Rs 1,164.70 per equity Allotment.The company's share cost shut at Rs 1,239.80 each on the BSE.Its own market capitalisation at Monday's closing cost stood up at more than Rs 28,000 crore.In March, Unit Enterprises had actually taken confirmation from investors to elevate funds by means of the problem of safeties as much as Rs 1,500 crore.Brigade Enterprises is among the leading realty developers in the nation along with a notable existence in South India.Final month, Brigade Enterprises disclosed greater than two-fold jump in consolidated net profit at Rs 83.72 crore for the June one-fourth of the existing fiscal year.Its own net income stood at Rs 38.53 crore in the year-ago duration.Complete revenue cheered Rs 1,113.44 crore in the course of April-June FY25 coming from Rs 685.43 crore in the matching period of the previous year.( Only the heading and also picture of this file might possess been remodelled due to the Organization Criterion staff the rest of the content is auto-generated from a syndicated feed.) 1st Published: Sep 03 2024|10:19 AM IST.