.Its own market capitalisation at Monday's closing price remained at greater than Rs 28,000 crore Graphic: Bloomberg2 minutes reviewed Last Upgraded: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises prepares to raise approximately Rs 1,500 crore through marketing equity reveals to institutional investors as portion of its strategy to expand service.The business on September 2 launched its own Qualified Institutional Placement (QIP) concern to increase funds.In a regulative filing late on Monday, Brigade Enterprises notified that a committee of supervisors authorized the position of the QIP Concern on Monday.The door also authorized the floor rate for the QIP concern at Rs 1,164.70 per equity Share.The firm's reveal rate closed at Rs 1,239.80 apiece on the BSE.Its market capitalisation at Monday's closing rate stood at greater than Rs 28,000 crore.In March, Unit Enterprises had taken approval coming from shareholders to elevate funds via the problem of securities up to Rs 1,500 crore.Unit Enterprises is among the leading real property creators in the nation with a notable visibility in South India.Final month, Brigade Enterprises stated greater than two-fold jump in consolidated web revenue at Rs 83.72 crore for the June one-fourth of the current fiscal year.Its own net profit stood up at Rs 38.53 crore in the year-ago time period.Complete income cheered Rs 1,113.44 crore during the course of April-June FY25 from Rs 685.43 crore in the corresponding duration of the previous year.( Merely the heading as well as picture of this record may possess been actually remodelled due to the Business Specification team the remainder of the information is actually auto-generated from a syndicated feed.) First Released: Sep 03 2024|10:19 AM IST.