.Its own market capitalisation at Monday's closing price endured at greater than Rs 28,000 crore Photo: Bloomberg2 min read through Last Updated: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises considers to increase up to Rs 1,500 crore by offering equity reveals to institutional investors as part of its own approach to broaden company.The firm on September 2 released its Qualified Institutional Placement (QIP) issue to elevate funds.In a regulatory filing late on Monday, Unit Enterprises informed that a board of directors authorized the position of the QIP Issue on Monday.The door additionally authorized the flooring rate for the QIP concern at Rs 1,164.70 per equity Portion.The business's portion cost shut at Rs 1,239.80 each on the BSE.Its own market capitalisation at Monday's closing price stood up at greater than Rs 28,000 crore.In March, Brigade Enterprises had taken confirmation from investors to increase funds via the concern of protections up to Rs 1,500 crore.Unit Enterprises is one of the leading real estate creators in the country along with a substantial presence in South India.Last month, Brigade Enterprises stated greater than two-fold enter consolidated net earnings at Rs 83.72 crore for the June quarter of the current fiscal year.Its web revenue stood at Rs 38.53 crore in the year-ago time period.Complete revenue cheered Rs 1,113.44 crore during the course of April-June FY25 from Rs 685.43 crore in the corresponding duration of the previous year.( Simply the title as well as picture of this record may possess been actually revamped due to the Business Criterion staff the remainder of the material is auto-generated from a syndicated feed.) Initial Published: Sep 03 2024|10:19 AM IST.