.Its own market capitalisation at Monday's closing price stood at greater than Rs 28,000 crore Image: Bloomberg2 min checked out Final Improved: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises plans to raise approximately Rs 1,500 crore through selling equity portions to institutional investors as component of its strategy to extend organization.The company on September 2 introduced its Qualified Institutional Placement (QIP) problem to raise funds.In a regulatory submission late on Monday, Brigade Enterprises educated that a committee of supervisors authorized the position of the QIP Issue on Monday.The door likewise accepted the floor price for the QIP issue at Rs 1,164.70 every equity Share.The business's share rate closed at Rs 1,239.80 apiece on the BSE.Its own market capitalisation at Monday's closing price stood at more than Rs 28,000 crore.In March, Brigade Enterprises had actually taken authorization from investors to increase funds via the issue of protections up to Rs 1,500 crore.Unit Enterprises is among the leading real estate designers in the nation along with a substantial presence in South India.Final month, Brigade Enterprises stated more than two-fold pitch in consolidated internet revenue at Rs 83.72 crore for the June one-fourth of the current .Its net income stood at Rs 38.53 crore in the year-ago time period.Total profit rose to Rs 1,113.44 crore during the course of April-June FY25 from Rs 685.43 crore in the matching time frame of the previous year.( Simply the heading as well as image of this record may possess been actually reworked by the Service Requirement team the remainder of the information is actually auto-generated coming from a syndicated feed.) First Posted: Sep 03 2024|10:19 AM IST.