.Its market capitalisation at Monday's closing rate endured at greater than Rs 28,000 crore Image: Bloomberg2 minutes read Last Updated: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises plans to elevate up to Rs 1,500 crore by marketing equity shares to institutional investors as component of its strategy to expand organization.The provider on September 2 released its own Qualified Institutional Placement (QIP) issue to increase funds.In a regulative filing late on Monday, Brigade Enterprises notified that a committee of directors authorized the position of the QIP Problem on Monday.The door also approved the flooring rate for the QIP issue at Rs 1,164.70 per equity Share.The company's allotment cost finalized at Rs 1,239.80 apiece on the BSE.Its own market capitalisation at Monday's closing rate stood at greater than Rs 28,000 crore.In March, Brigade Enterprises had actually taken permission coming from shareholders to increase funds with the problem of protections approximately Rs 1,500 crore.Brigade Enterprises is one of the leading property programmers in the nation along with a significant existence in South India.Final month, Unit Enterprises disclosed much more than two-fold enter consolidated net profit at Rs 83.72 crore for the June fourth of the existing fiscal year.Its own internet revenue stood at Rs 38.53 crore in the year-ago duration.Total revenue cheered Rs 1,113.44 crore in the course of April-June FY25 coming from Rs 685.43 crore in the matching time frame of the previous year.( Merely the title as well as image of this file may possess been revamped due to the Business Specification workers the rest of the content is actually auto-generated from a syndicated feed.) First Published: Sep 03 2024|10:19 AM IST.