.Its own market capitalisation at Monday's closing rate remained at more than Rs 28,000 crore Photo: Bloomberg2 min read Final Improved: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises considers to increase approximately Rs 1,500 crore by marketing equity reveals to institutional real estate investors as portion of its own strategy to expand service.The business on September 2 launched its Qualified Institutional Positioning (QIP) concern to raise funds.In a governing filing late on Monday, Brigade Enterprises educated that a committee of directors authorized the position of the QIP Problem on Monday.The panel additionally authorized the floor cost for the QIP problem at Rs 1,164.70 per equity Share.The firm's allotment cost closed at Rs 1,239.80 apiece 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 approval from investors to raise funds by means of the problem of safeties up to Rs 1,500 crore.Unit Enterprises is among the leading real estate designers in the nation along with a significant existence in South India.Final month, Brigade Enterprises mentioned much more than two-fold enter combined net income at Rs 83.72 crore for the June quarter of the present fiscal year.Its own net profit stood up at Rs 38.53 crore in the year-ago period.Total income rose to Rs 1,113.44 crore in the course of April-June FY25 from Rs 685.43 crore in the corresponding duration of the previous year.( Just the title and photo of this record may possess been remodelled due to the Company Requirement workers the remainder of the information is auto-generated from a syndicated feed.) First Published: Sep 03 2024|10:19 AM IST.