.Its market capitalisation at Monday's closing price stood at greater than Rs 28,000 crore Graphic: Bloomberg2 minutes went through Final Improved: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises plans to raise around Rs 1,500 crore by marketing equity shares to institutional real estate investors as part of its technique to broaden service.The firm on September 2 introduced its own Qualified Institutional Placement (QIP) issue to elevate funds.In a governing filing behind time on Monday, Brigade Enterprises informed that a committee of directors authorised the position of the QIP Issue on Monday.The door additionally permitted the floor price for the QIP concern at Rs 1,164.70 every equity Reveal.The provider's portion cost finalized at Rs 1,239.80 apiece on the BSE.Its market capitalisation at Monday's closing cost stood at greater than Rs 28,000 crore.In March, Unit Enterprises had taken authorization from shareholders to raise funds via the concern of safeties around Rs 1,500 crore.Unit Enterprises is among the leading realty programmers in the country along with a substantial presence in South India.Last month, Brigade Enterprises mentioned more than two-fold enter consolidated net profit at Rs 83.72 crore for the June one-fourth of the current .Its own web earnings stood up at Rs 38.53 crore in the year-ago duration.Overall earnings rose to Rs 1,113.44 crore in the course of April-June FY25 from Rs 685.43 crore in the corresponding time period of the previous year.( Just the heading and also picture of this file may possess been actually revamped by the Organization Specification team the remainder of the content is actually auto-generated coming from a syndicated feed.) 1st Published: Sep 03 2024|10:19 AM IST.