.Its own market capitalisation at Monday’s closing rate endured at greater than Rs 28,000 crore Photo: Bloomberg2 minutes read Last Upgraded: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises prepares to raise up to Rs 1,500 crore through selling equity shares to institutional real estate investors as portion of its own strategy to extend company.The company on September 2 introduced its Qualified Institutional Positioning (QIP) problem to elevate funds.In a governing submission late on Monday, Brigade Enterprises informed that a board of directors authorised the opening of the QIP Issue on Monday.The board likewise authorized the floor cost for the QIP concern at Rs 1,164.70 every equity Reveal.The business’s portion price finalized at Rs 1,239.80 apiece on the BSE.Its market capitalisation at Monday’s closing price stood up at more than Rs 28,000 crore.In March, Brigade Enterprises had taken permission coming from investors to elevate funds through the concern of safety and securities up to Rs 1,500 crore.Unit Enterprises is just one of the leading real property designers in the country along with a considerable presence in South India.Final month, Unit Enterprises stated greater than two-fold jump in combined web profit at Rs 83.72 crore for the June fourth of the present .Its own internet income stood at Rs 38.53 crore in the year-ago 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.( Just the headline and photo of this file may have been actually modified by the Organization Specification workers the remainder of the web content is actually auto-generated coming from a syndicated feed.) 1st Released: Sep 03 2024|10:19 AM IST.