.Its own market capitalisation at Monday's closing rate stood at greater than Rs 28,000 crore Photo: Bloomberg2 min checked out Last Improved: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises prepares to elevate around Rs 1,500 crore by selling equity shares to institutional real estate investors as aspect of its strategy to grow business.The firm on September 2 released its Qualified Institutional Placement (QIP) problem to increase funds.In a regulatory filing behind time on Monday, Brigade Enterprises updated that a board of supervisors authorised the opening of the QIP Issue on Monday.The panel likewise accepted the flooring rate for the QIP concern at Rs 1,164.70 every equity Portion.The company's share price finalized at Rs 1,239.80 each on the BSE.Its market capitalisation at Monday's closing rate stood at greater than Rs 28,000 crore.In March, Brigade Enterprises had actually taken approval coming from shareholders to increase funds via the issue of safety and securities around Rs 1,500 crore.Unit Enterprises is just one of the leading real estate designers in the nation along with a substantial presence in South India.Last month, Brigade Enterprises disclosed much more than two-fold pitch in combined net income at Rs 83.72 crore for the June one-fourth of the current .Its internet revenue stood at Rs 38.53 crore in the year-ago time period.Complete income cheered Rs 1,113.44 crore during April-June FY25 coming from Rs 685.43 crore in the equivalent time frame of the previous year.( Only the heading as well as image of this document might possess been modified by the Organization Standard workers the rest of the content is actually auto-generated from a syndicated feed.) First Posted: Sep 03 2024|10:19 AM IST.