.Its market capitalisation at Monday's closing cost endured at more than Rs 28,000 crore Image: Bloomberg2 min went through Final Updated: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises plans to raise as much as Rs 1,500 crore by selling equity portions to institutional investors as portion of its strategy to extend organization.The firm on September 2 launched its own Qualified Institutional Positioning (QIP) problem to increase funds.In a regulative filing late on Monday, Unit Enterprises notified that a board of supervisors authorized the position of the QIP Concern on Monday.The panel likewise approved the floor cost for the QIP problem at Rs 1,164.70 every equity Share.The business's share cost closed at Rs 1,239.80 apiece on the BSE.Its market capitalisation at Monday's closing rate stood up at much more than Rs 28,000 crore.In March, Brigade Enterprises had taken authorization from shareholders to raise funds with the issue of protections up to Rs 1,500 crore.Brigade Enterprises is among the leading property developers in the country with a notable existence in South India.Last month, Unit Enterprises mentioned more than two-fold pitch in consolidated web income at Rs 83.72 crore for the June quarter of the present fiscal year.Its own internet earnings stood at Rs 38.53 crore in the year-ago duration.Overall profit cheered Rs 1,113.44 crore throughout April-June FY25 from Rs 685.43 crore in the corresponding time frame of the previous year.( Simply the heading and picture of this record might possess been revamped by the Company Requirement workers the remainder of the web content is auto-generated coming from a syndicated feed.) Very First Published: Sep 03 2024|10:19 AM IST.