.Its market capitalisation at Monday's closing cost endured at much more than Rs 28,000 crore Image: Bloomberg2 minutes read Final Updated: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises prepares to elevate as much as Rs 1,500 crore by selling equity allotments to institutional entrepreneurs as component of its own method to extend organization.The provider on September 2 released its own Qualified Institutional Placement (QIP) concern to increase funds.In a regulative filing behind time on Monday, Brigade Enterprises educated that a board of supervisors authorized the position of the QIP Concern on Monday.The board likewise authorized the flooring cost for the QIP concern at Rs 1,164.70 per equity Portion.The company's allotment price finalized at Rs 1,239.80 apiece on the BSE.Its market capitalisation at Monday's closing cost stood up at more than Rs 28,000 crore.In March, Brigade Enterprises had actually taken confirmation coming from shareholders to increase funds with the issue of surveillances around Rs 1,500 crore.Brigade Enterprises is just one of the leading real estate designers in the country with a considerable existence in South India.Final month, Unit Enterprises reported more than two-fold pitch in consolidated web profit at Rs 83.72 crore for the June quarter of the current fiscal year.Its web profit stood up at Rs 38.53 crore in the year-ago time frame.Overall profit rose to Rs 1,113.44 crore in the course of April-June FY25 coming from Rs 685.43 crore in the equivalent time frame of the previous year.( Only the heading and also image of this document might possess been actually reworked due to the Business Criterion team the remainder of the web content is actually auto-generated from a syndicated feed.) First Posted: Sep 03 2024|10:19 AM IST.