.Its own market capitalisation at Monday's closing price remained at greater than Rs 28,000 crore Image: Bloomberg2 min went through Last Upgraded: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises plans to increase around Rs 1,500 crore through offering equity allotments to institutional entrepreneurs as portion of its approach to extend business.The company on September 2 introduced its Qualified Institutional Positioning (QIP) problem to raise funds.In a regulative declaring late on Monday, Brigade Enterprises educated that a committee of supervisors authorized the position of the QIP Concern on Monday.The board additionally accepted the floor cost for the QIP concern at Rs 1,164.70 per equity Share.The business's portion price finalized at Rs 1,239.80 apiece on the BSE.Its own market capitalisation at Monday's closing price stood up at greater than Rs 28,000 crore.In March, Brigade Enterprises had actually taken authorization coming from investors to increase funds with the problem of protections up to Rs 1,500 crore.Unit Enterprises is among the leading real estate programmers in the nation with a considerable presence in South India.Last month, Unit Enterprises reported more than two-fold pitch in consolidated internet profit at Rs 83.72 crore for the June quarter of the existing fiscal year.Its own net earnings stood up at Rs 38.53 crore in the year-ago time frame.Total profit rose to Rs 1,113.44 crore in the course of April-June FY25 from Rs 685.43 crore in the equivalent time period of the previous year.( Simply the title as well as photo of this record may possess been revamped due to the Company Criterion personnel the rest of the information is auto-generated coming from a syndicated feed.) 1st Released: Sep 03 2024|10:19 AM IST.