.Its market capitalisation at Monday's closing price stood at greater than Rs 28,000 crore Picture: Bloomberg2 minutes read through Last Improved: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises prepares to raise approximately Rs 1,500 crore by marketing equity reveals to institutional real estate investors as aspect of its tactic to expand company.The provider on September 2 launched its Qualified Institutional Placement (QIP) issue to raise funds.In a governing submission late on Monday, Unit Enterprises updated that a committee of supervisors authorised the position of the QIP Problem on Monday.The board additionally authorized the floor cost for the QIP concern at Rs 1,164.70 every equity Allotment.The provider's allotment cost shut at Rs 1,239.80 apiece on the BSE.Its own market capitalisation at Monday's closing rate stood at much more than Rs 28,000 crore.In March, Brigade Enterprises had taken permission coming from shareholders to raise funds with the issue of safeties up to Rs 1,500 crore.Brigade Enterprises is just one of the leading realty developers in the country along with a significant visibility in South India.Last month, Brigade Enterprises mentioned greater than two-fold pitch in consolidated internet income at Rs 83.72 crore for the June fourth of the present .Its web earnings stood at Rs 38.53 crore in the year-ago time period.Total profit cheered Rs 1,113.44 crore throughout April-June FY25 from Rs 685.43 crore in the corresponding time period of the previous year.( Merely the title as well as picture of this report may possess been actually revamped due to the Company Standard staff the rest of the web content is auto-generated from a syndicated feed.) 1st Posted: Sep 03 2024|10:19 AM IST.