.Its own market capitalisation at Monday's closing price remained at greater than Rs 28,000 crore Image: Bloomberg2 min read Last Upgraded: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises intends to raise approximately Rs 1,500 crore by offering equity reveals to institutional investors as aspect of its own strategy to expand company.The provider on September 2 released its own Qualified Institutional Positioning (QIP) concern to elevate funds.In a regulative declaring behind time on Monday, Brigade Enterprises informed that a committee of directors authorized the position of the QIP Issue on Monday.The board also approved the flooring price for the QIP issue at Rs 1,164.70 per equity Reveal.The firm's portion cost shut at Rs 1,239.80 each on the BSE.Its market capitalisation at Monday's closing cost stood up at much more than Rs 28,000 crore.In March, Unit Enterprises had taken confirmation from shareholders to raise funds by means of the problem of protections approximately Rs 1,500 crore.Unit Enterprises is among the leading realty creators in the country along with a substantial visibility in South India.Last month, Unit Enterprises reported much more than two-fold jump in consolidated internet income at Rs 83.72 crore for the June one-fourth of the present .Its net earnings stood at Rs 38.53 crore in the year-ago period.Total earnings cheered Rs 1,113.44 crore in the course of April-June FY25 coming from Rs 685.43 crore in the equivalent period of the previous year.( Merely the headline and image of this document may possess been actually revamped by the Organization Standard team the rest of the web content is auto-generated coming from a syndicated feed.) Very First Published: Sep 03 2024|10:19 AM IST.