.Its market capitalisation at Monday’s closing cost endured at much more than Rs 28,000 crore Image: Bloomberg2 minutes reviewed Final Updated: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises intends to elevate as much as Rs 1,500 crore through offering equity shares to institutional clients as part of its approach to grow organization.The company on September 2 launched its Qualified Institutional Positioning (QIP) problem to increase funds.In a regulatory filing late on Monday, Unit Enterprises informed that a committee of directors authorized the opening of the QIP Concern on Monday.The board likewise permitted the floor rate for the QIP issue at Rs 1,164.70 every equity Allotment.The company’s share price closed at Rs 1,239.80 apiece on the BSE.Its market capitalisation at Monday’s closing price stood at greater than Rs 28,000 crore.In March, Brigade Enterprises had taken confirmation from shareholders to elevate funds via the issue of protections as much as Rs 1,500 crore.Brigade Enterprises is among the leading real estate developers in the country along with a substantial presence in South India.Final month, Brigade Enterprises stated much more than two-fold enter combined web profit at Rs 83.72 crore for the June quarter of the current .Its own web earnings stood up at Rs 38.53 crore in the year-ago period.Overall earnings rose to Rs 1,113.44 crore during April-June FY25 from Rs 685.43 crore in the matching period of the previous year.( Simply the title and also picture of this record might possess been remodelled by the Organization Requirement personnel the remainder of the content is auto-generated coming from a syndicated feed.) Initial Released: Sep 03 2024|10:19 AM IST.