.Its own market capitalisation at Monday's closing rate stood at much more than Rs 28,000 crore Graphic: Bloomberg2 min checked out Last Upgraded: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises plans to elevate approximately Rs 1,500 crore through selling equity reveals to institutional clients as part of its own technique to expand organization.The firm on September 2 released its own Qualified Institutional Placement (QIP) issue to raise funds.In a regulative submitting behind time on Monday, Brigade Enterprises updated that a committee of supervisors authorised the position of the QIP Issue on Monday.The board likewise accepted the flooring price for the QIP issue at Rs 1,164.70 every equity Portion.The provider's reveal rate closed at Rs 1,239.80 apiece on the BSE.Its own market capitalisation at Monday's closing cost stood up at greater than Rs 28,000 crore.In March, Brigade Enterprises had actually taken approval coming from shareholders to elevate funds by means of the problem of protections as much as Rs 1,500 crore.Unit Enterprises is just one of the leading real property programmers in the nation along with a significant presence in South India.Final month, Brigade 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 web revenue stood at Rs 38.53 crore in the year-ago duration.Complete profit rose to Rs 1,113.44 crore during the course of April-June FY25 coming from Rs 685.43 crore in the matching time frame of the previous year.( Simply the headline and image of this document might possess been actually remodelled due to the Company Requirement staff the remainder of the web content is auto-generated from a syndicated feed.) First Published: Sep 03 2024|10:19 AM IST.