.Its market capitalisation at Monday's closing price remained at greater than Rs 28,000 crore Picture: Bloomberg2 minutes read through Last Updated: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises organizes to raise as much as Rs 1,500 crore by offering equity allotments to institutional investors as component of its own method to grow business.The firm on September 2 launched its own Qualified Institutional Placement (QIP) concern to increase funds.In a regulative declaring late on Monday, Brigade Enterprises educated that a committee of supervisors authorized the opening of the QIP Concern on Monday.The panel likewise permitted the floor cost for the QIP issue at Rs 1,164.70 per equity Portion.The provider's reveal rate closed at Rs 1,239.80 each on the BSE.Its own market capitalisation at Monday's closing price stood at greater than Rs 28,000 crore.In March, Unit Enterprises had taken permission coming from investors to elevate funds through the concern of safety and securities as much as Rs 1,500 crore.Unit Enterprises is among the leading real property developers in the country along with a notable visibility in South India.Final month, Brigade Enterprises reported greater than two-fold jump in combined web profit at Rs 83.72 crore for the June quarter of the present .Its web profit stood at Rs 38.53 crore in the year-ago duration.Overall revenue rose to Rs 1,113.44 crore during 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 report might have been reworked due to the Company Specification personnel the rest of the content is actually auto-generated coming from a syndicated feed.) Initial Released: Sep 03 2024|10:19 AM IST.