.Its own market capitalisation at Monday's closing cost stood at much more than Rs 28,000 crore Image: Bloomberg2 min reviewed Last Improved: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises considers to elevate as much as Rs 1,500 crore by marketing equity allotments to institutional financiers as part of its approach to increase service.The business on September 2 launched its own Qualified Institutional Placement (QIP) issue to raise funds.In a governing filing late on Monday, Brigade Enterprises educated that a board of supervisors authorized the opening of the QIP Concern on Monday.The board also accepted the flooring price for the QIP concern at Rs 1,164.70 per equity Reveal.The company's share cost shut at Rs 1,239.80 each on the BSE.Its own market capitalisation at Monday's closing price stood up at much more than Rs 28,000 crore.In March, Unit Enterprises had actually taken permission from investors to elevate funds through the issue of safety and securities up to Rs 1,500 crore.Brigade Enterprises is just one of the leading realty programmers in the nation along with a considerable presence in South India.Final month, Unit Enterprises mentioned more than two-fold jump in combined web income at Rs 83.72 crore for the June one-fourth of the current fiscal year.Its net income stood at Rs 38.53 crore in the year-ago time period.Complete earnings rose to Rs 1,113.44 crore throughout April-June FY25 coming from Rs 685.43 crore in the corresponding period of the previous year.( Just the heading and also photo of this record might have been actually revamped due to the Business Standard workers the remainder of the content is actually auto-generated coming from a syndicated feed.) Very First Released: Sep 03 2024|10:19 AM IST.