.Its own market capitalisation at Monday's closing rate stood at greater than Rs 28,000 crore Image: Bloomberg2 min read through Final Upgraded: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises prepares to elevate around Rs 1,500 crore through marketing equity reveals to institutional entrepreneurs as part of its own strategy to grow company.The firm on September 2 launched its own Qualified Institutional Placement (QIP) problem to elevate funds.In a governing submission behind time on Monday, Brigade Enterprises informed that a board of supervisors authorized the position of the QIP Problem on Monday.The board likewise permitted the flooring cost for the QIP issue at Rs 1,164.70 every equity Allotment.The firm's reveal price closed at Rs 1,239.80 each on the BSE.Its market capitalisation at Monday's closing cost stood up at more than Rs 28,000 crore.In March, Brigade Enterprises had actually taken permission coming from shareholders to increase funds via the problem of safety and securities up to Rs 1,500 crore.Unit Enterprises is among the leading real property developers in the nation with a notable existence in South India.Last month, Unit Enterprises mentioned greater than two-fold jump in consolidated net earnings at Rs 83.72 crore for the June fourth of the present fiscal year.Its own internet revenue stood at Rs 38.53 crore in the year-ago period.Total revenue 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 title and also photo of this file may have been actually remodelled due to the Service Standard personnel the rest of the content is auto-generated from a syndicated feed.) First Released: Sep 03 2024|10:19 AM IST.