.Its market capitalisation at Monday's closing rate endured at more than Rs 28,000 crore Graphic: Bloomberg2 minutes read Last Improved: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises prepares to elevate around Rs 1,500 crore by offering equity shares to institutional clients as component of its own tactic to broaden service.The provider on September 2 released its Qualified Institutional Positioning (QIP) issue to raise funds.In a regulative declaring late on Monday, Unit Enterprises educated that a committee of supervisors authorised the opening of the QIP Problem on Monday.The door additionally approved the flooring price for the QIP concern at Rs 1,164.70 per equity Share.The business's allotment price finalized at Rs 1,239.80 apiece on the BSE.Its own market capitalisation at Monday's closing rate stood at more than Rs 28,000 crore.In March, Brigade Enterprises had actually taken permission coming from investors to raise funds via the concern of securities around Rs 1,500 crore.Brigade Enterprises is just one of the leading realty developers in the nation with a significant presence in South India.Final month, Brigade Enterprises mentioned more than two-fold pitch in consolidated net income at Rs 83.72 crore for the June fourth of the existing fiscal year.Its web earnings stood up at Rs 38.53 crore in the year-ago time period.Overall earnings rose to Rs 1,113.44 crore in the course of April-June FY25 coming from Rs 685.43 crore in the corresponding duration of the previous year.( Just the heading as well as photo of this document might have been reworked due to the Business Criterion team the rest of the web content is auto-generated from a syndicated feed.) First Posted: Sep 03 2024|10:19 AM IST.