.Its own market capitalisation at Monday's closing rate remained at much more than Rs 28,000 crore Photo: Bloomberg2 min went through Final Upgraded: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises plans to raise approximately Rs 1,500 crore through selling equity reveals to institutional financiers as portion of its own tactic to grow company.The business on September 2 introduced its own Qualified Institutional Positioning (QIP) issue to increase funds.In a regulative submission late on Monday, Unit Enterprises updated that a committee of supervisors authorized the position of the QIP Problem on Monday.The board also approved the floor cost for the QIP concern at Rs 1,164.70 every equity Share.The provider's reveal rate shut at Rs 1,239.80 apiece on the BSE.Its market capitalisation at Monday's closing cost stood at greater than Rs 28,000 crore.In March, Brigade Enterprises had taken confirmation coming from shareholders to raise funds through the problem of securities up to Rs 1,500 crore.Brigade Enterprises is one of the leading real property creators in the country with a substantial visibility in South India.Last month, Unit Enterprises stated much more than two-fold jump in combined web income at Rs 83.72 crore for the June quarter of the current .Its internet earnings stood at Rs 38.53 crore in the year-ago time frame.Total earnings rose to Rs 1,113.44 crore throughout April-June FY25 coming from Rs 685.43 crore in the equivalent time frame of the previous year.( Just the title as well as picture of this document might possess been modified by the Business Specification personnel the remainder of the content is actually auto-generated from a syndicated feed.) First Released: Sep 03 2024|10:19 AM IST.