.Its market capitalisation at Monday's closing rate stood at greater than Rs 28,000 crore Graphic: Bloomberg2 min read Final Improved: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises organizes to raise approximately Rs 1,500 crore through marketing equity shares to institutional capitalists as portion of its technique to broaden company.The business on September 2 introduced its own Qualified Institutional Placement (QIP) concern to raise funds.In a regulative filing behind time on Monday, Brigade Enterprises educated that a committee of directors authorised the opening of the QIP Issue on Monday.The board additionally approved the flooring price for the QIP concern at Rs 1,164.70 per equity Reveal.The company's allotment price finalized at Rs 1,239.80 each on the BSE.Its own market capitalisation at Monday's closing rate stood up at greater than Rs 28,000 crore.In March, Unit Enterprises had taken confirmation coming from shareholders to raise funds by means of the issue of protections around Rs 1,500 crore.Brigade Enterprises is one of the leading real estate designers in the nation along with a significant visibility in South India.Last month, Unit Enterprises reported much more than two-fold enter consolidated web profit at Rs 83.72 crore for the June quarter of the existing fiscal year.Its internet profit stood up at Rs 38.53 crore in the year-ago duration.Total revenue rose to Rs 1,113.44 crore during April-June FY25 from Rs 685.43 crore in the corresponding period of the previous year.( Just the headline as well as image of this report might possess been revamped by the Service Requirement team the rest of the material is auto-generated from a syndicated feed.) 1st Posted: Sep 03 2024|10:19 AM IST.