.Its own market capitalisation at Monday's closing price remained at much more than Rs 28,000 crore Picture: Bloomberg2 min checked out Last Upgraded: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises intends to raise around Rs 1,500 crore through selling equity allotments to institutional financiers as portion of its technique to increase service.The firm on September 2 launched its own Qualified Institutional Placement (QIP) concern to elevate funds.In a regulative submitting late on Monday, Brigade Enterprises updated that a committee of supervisors authorized the position of the QIP Problem on Monday.The board likewise accepted the flooring rate for the QIP concern at Rs 1,164.70 every equity Allotment.The provider's allotment rate finalized at Rs 1,239.80 each on the BSE.Its own market capitalisation at Monday's closing cost stood at greater than Rs 28,000 crore.In March, Unit Enterprises had taken approval from investors to increase funds through the concern of safeties up to Rs 1,500 crore.Unit Enterprises is just one of the leading property programmers in the country with a substantial presence in South India.Final month, Brigade Enterprises stated greater than two-fold enter consolidated internet profit at Rs 83.72 crore for the June quarter of the present fiscal year.Its own net earnings stood at Rs 38.53 crore in the year-ago period.Overall earnings rose to Rs 1,113.44 crore during April-June FY25 from Rs 685.43 crore in the equivalent duration of the previous year.( Merely the title as well as photo of this report might have been actually revamped due to the Company Requirement team the rest of the information is auto-generated coming from a syndicated feed.) 1st Released: Sep 03 2024|10:19 AM IST.