.Its market capitalisation at Monday's closing price endured at greater than Rs 28,000 crore Image: Bloomberg2 minutes read through Final Upgraded: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises intends to increase around Rs 1,500 crore through selling equity shares to institutional investors as portion of its tactic to extend company.The firm on September 2 launched its Qualified Institutional Placement (QIP) issue to raise funds.In a regulative submitting behind time on Monday, Brigade Enterprises educated that a board of directors authorized the opening of the QIP Issue on Monday.The door likewise authorized the floor cost for the QIP concern at Rs 1,164.70 per equity Allotment.The provider's portion rate finalized at Rs 1,239.80 apiece on the BSE.Its market capitalisation at Monday's closing cost stood up at more than Rs 28,000 crore.In March, Unit Enterprises had taken authorization from investors to increase funds with the issue of safeties around Rs 1,500 crore.Unit Enterprises is among the leading real property creators in the nation along with a substantial visibility in South India.Last month, Brigade Enterprises mentioned greater than two-fold enter combined web income at Rs 83.72 crore for the June one-fourth of the existing fiscal year.Its net earnings stood up at Rs 38.53 crore in the year-ago period.Total earnings cheered Rs 1,113.44 crore during the course of April-June FY25 coming from Rs 685.43 crore in the equivalent time frame of the previous year.( Simply the title and also picture of this file might possess been actually reworked by the Business Specification workers the rest of the content is actually auto-generated from a syndicated feed.) Very First Released: Sep 03 2024|10:19 AM IST.