.Its market capitalisation at Monday's closing rate stood at more than Rs 28,000 crore Graphic: Bloomberg2 minutes reviewed Final Upgraded: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises considers to elevate approximately Rs 1,500 crore through selling equity reveals to institutional investors as part of its strategy to increase organization.The provider on September 2 introduced its Qualified Institutional Placement (QIP) problem to elevate funds.In a governing submitting late on Monday, Unit Enterprises informed that a board of directors authorized the opening of the QIP Concern on Monday.The door likewise approved the floor price for the QIP issue at Rs 1,164.70 every equity Share.The provider's allotment cost 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, Unit Enterprises had actually taken authorization coming from shareholders to raise funds with the concern of safeties around Rs 1,500 crore.Brigade Enterprises is among the leading real property developers in the country with a significant visibility in South India.Final month, Unit Enterprises reported greater than two-fold jump in combined internet profit at Rs 83.72 crore for the June fourth of the current fiscal year.Its net profit stood at Rs 38.53 crore in the year-ago period.Total revenue cheered Rs 1,113.44 crore during the course of April-June FY25 from Rs 685.43 crore in the corresponding time frame of the previous year.( Just the headline and picture of this record might have been revamped due to the Service Standard team the remainder of the material is auto-generated from a syndicated feed.) Initial Posted: Sep 03 2024|10:19 AM IST.