.Its market capitalisation at Monday's closing cost remained at more than Rs 28,000 crore Picture: Bloomberg2 min went through Last Upgraded: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises considers to raise approximately Rs 1,500 crore through selling equity portions to institutional investors as portion of its approach to grow service.The business on September 2 released its Qualified Institutional Placement (QIP) issue to raise funds.In a regulatory declaring behind time on Monday, Brigade Enterprises notified that a committee of supervisors authorized the position of the QIP Concern on Monday.The panel additionally accepted the flooring rate for the QIP problem at Rs 1,164.70 every equity Share.The company's share price closed at Rs 1,239.80 each on the BSE.Its own market capitalisation at Monday's closing rate stood at greater than Rs 28,000 crore.In March, Brigade Enterprises had actually taken authorization from investors to raise funds via the problem of protections approximately Rs 1,500 crore.Brigade Enterprises is among the leading real property programmers in the nation along with a significant presence in South India.Last month, Unit Enterprises disclosed greater than two-fold pitch in combined net earnings at Rs 83.72 crore for the June one-fourth of the present .Its own net revenue stood up at Rs 38.53 crore in the year-ago time period.Overall profit rose to Rs 1,113.44 crore during April-June FY25 coming from Rs 685.43 crore in the matching time period of the previous year.( Simply the title as well as picture of this record may have been remodelled by the Organization Standard personnel the rest of the material is actually auto-generated from a syndicated feed.) 1st Posted: Sep 03 2024|10:19 AM IST.