.Its market capitalisation at Monday’s closing cost endured at greater than Rs 28,000 crore Image: Bloomberg2 minutes checked out Last Upgraded: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises intends to raise around Rs 1,500 crore through marketing equity reveals to institutional investors as component of its own technique to increase service.The provider on September 2 released its Qualified Institutional Placement (QIP) issue to increase funds.In a regulatory declaring late on Monday, Brigade Enterprises educated that a committee of directors authorized the opening of the QIP Issue on Monday.The door also authorized the floor price for the QIP issue at Rs 1,164.70 per equity Share.The firm’s share rate shut at Rs 1,239.80 apiece on the BSE.Its market capitalisation at Monday’s closing cost stood up at more than Rs 28,000 crore.In March, Brigade Enterprises had taken confirmation from shareholders to raise funds via the concern of securities up to Rs 1,500 crore.Brigade Enterprises is one of the leading realty designers in the nation along with a notable existence in South India.Last month, Unit Enterprises reported greater than two-fold jump in consolidated web earnings at Rs 83.72 crore for the June one-fourth of the present fiscal year.Its own internet revenue stood up at Rs 38.53 crore in the year-ago time period.Overall earnings rose to 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.( Only the title and also image of this file may have been actually remodelled by the Company Specification workers the remainder of the web content is actually auto-generated from a syndicated feed.) First Released: Sep 03 2024|10:19 AM IST.