.Its own market capitalisation at Monday's closing rate endured at much more than Rs 28,000 crore Graphic: Bloomberg2 min checked out Last Updated: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises intends to increase up to Rs 1,500 crore through offering equity shares to institutional entrepreneurs as aspect of its technique to increase company.The firm on September 2 launched its Qualified Institutional Placement (QIP) concern to elevate funds.In a governing submitting late on Monday, Unit Enterprises educated that a committee of supervisors authorized the opening of the QIP Concern on Monday.The door additionally accepted the floor cost for the QIP concern at Rs 1,164.70 per equity Reveal.The provider's portion price closed at Rs 1,239.80 apiece on the BSE.Its market capitalisation at Monday's closing price stood at much more than Rs 28,000 crore.In March, Brigade Enterprises had taken authorization from investors to increase funds through the issue of safety and securities up to Rs 1,500 crore.Brigade Enterprises is just one of the leading property programmers in the country along with a substantial existence in South India.Last month, Brigade Enterprises reported greater than two-fold enter combined net income at Rs 83.72 crore for the June fourth of the present .Its own web earnings stood at Rs 38.53 crore in the year-ago duration.Total revenue rose to Rs 1,113.44 crore throughout April-June FY25 coming from Rs 685.43 crore in the matching duration of the previous year.( Merely the title as well as photo of this file may have been actually reworked due to the Service Criterion personnel the rest of the material is auto-generated from a syndicated feed.) Initial Released: Sep 03 2024|10:19 AM IST.