.Its market capitalisation at Monday's closing cost endured at greater than Rs 28,000 crore Image: Bloomberg2 min went through Final Upgraded: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises considers to increase as much as Rs 1,500 crore by selling equity shares to institutional real estate investors as portion of its own method to grow service.The firm on September 2 released its own Qualified Institutional Positioning (QIP) issue to elevate funds.In a regulatory submission behind time on Monday, Brigade Enterprises educated that a board of directors authorized the position of the QIP Concern on Monday.The panel also accepted the floor price for the QIP concern at Rs 1,164.70 every equity Share.The business'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, Brigade Enterprises had actually taken permission coming from shareholders to elevate funds by means of the problem of safety and securities approximately Rs 1,500 crore.Brigade Enterprises is among the leading realty programmers in the country with a notable existence in South India.Last month, Unit Enterprises reported more than two-fold enter combined net income at Rs 83.72 crore for the June quarter of the present .Its web income stood at Rs 38.53 crore in the year-ago time period.Overall revenue cheered Rs 1,113.44 crore during the course of April-June FY25 coming from Rs 685.43 crore in the corresponding duration of the previous year.( Simply the heading and also picture of this file might possess been modified by the Company Criterion personnel the rest of the information is actually auto-generated coming from a syndicated feed.) 1st Published: Sep 03 2024|10:19 AM IST.