.Its own market capitalisation at Monday's closing price remained at greater than Rs 28,000 crore Graphic: Bloomberg2 min read through Last Updated: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises intends to increase as much as Rs 1,500 crore by marketing equity portions to institutional capitalists as portion of its strategy to grow business.The business on September 2 introduced its own Qualified Institutional Placement (QIP) issue to raise funds.In a governing submitting behind time on Monday, Unit Enterprises notified that a committee of supervisors authorised the opening of the QIP Concern on Monday.The board also authorized the flooring cost for the QIP issue at Rs 1,164.70 per equity Allotment.The provider's portion rate finalized at Rs 1,239.80 apiece on the BSE.Its market capitalisation at Monday's closing rate stood at much more than Rs 28,000 crore.In March, Brigade Enterprises had taken confirmation from shareholders to increase funds through the concern of securities as much as Rs 1,500 crore.Brigade Enterprises is just one of the leading real estate designers in the country with a considerable presence in South India.Final month, Brigade Enterprises stated greater than two-fold pitch in consolidated net revenue at Rs 83.72 crore for the June quarter of the present .Its net earnings stood up at Rs 38.53 crore in the year-ago period.Complete earnings rose to Rs 1,113.44 crore during April-June FY25 coming from Rs 685.43 crore in the corresponding time period of the previous year.( Simply the headline as well as photo of this record might have been actually reworked by the Organization Specification workers the rest of the web content is auto-generated from a syndicated feed.) Initial Posted: Sep 03 2024|10:19 AM IST.