.Its own market capitalisation at Monday's closing rate stood at much more than Rs 28,000 crore Graphic: Bloomberg2 minutes went through Final Improved: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises prepares to raise approximately Rs 1,500 crore through selling equity reveals to institutional real estate investors as portion of its tactic to grow organization.The provider on September 2 released its Qualified Institutional Positioning (QIP) concern to raise funds.In a regulatory filing late on Monday, Unit Enterprises updated that a board of directors authorised the opening of the QIP Concern on Monday.The board likewise permitted the flooring price for the QIP problem at Rs 1,164.70 every equity Reveal.The company's reveal cost shut at Rs 1,239.80 each on the BSE.Its own market capitalisation at Monday's closing cost stood at more than Rs 28,000 crore.In March, Brigade Enterprises had actually taken approval coming from shareholders to increase funds with the problem of protections as much as Rs 1,500 crore.Brigade Enterprises is one of the leading property developers in the nation with a notable presence in South India.Final month, Unit Enterprises disclosed greater than two-fold jump in combined web profit at Rs 83.72 crore for the June one-fourth of the current fiscal year.Its net income stood up at Rs 38.53 crore in the year-ago period.Overall earnings cheered Rs 1,113.44 crore throughout April-June FY25 from Rs 685.43 crore in the matching period of the previous year.( Only the heading and also picture of this record may have been actually reworked by the Company Criterion staff the rest of the web content is auto-generated from a syndicated feed.) First Released: Sep 03 2024|10:19 AM IST.