.Its market capitalisation at Monday's closing price stood at much more than Rs 28,000 crore Photo: Bloomberg2 minutes read Last Improved: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises organizes to elevate approximately Rs 1,500 crore by selling equity allotments to institutional clients as portion of its tactic to expand service.The firm on September 2 launched its own Qualified Institutional Positioning (QIP) problem to increase funds.In a governing submitting behind time on Monday, Brigade Enterprises notified that a committee of supervisors authorized the position of the QIP Concern on Monday.The board likewise approved the floor price for the QIP issue at Rs 1,164.70 per equity Share.The company's allotment rate finalized at Rs 1,239.80 each on the BSE.Its own market capitalisation at Monday's closing cost stood up at greater than Rs 28,000 crore.In March, Brigade Enterprises had taken confirmation coming from shareholders to raise funds through the issue of securities around Rs 1,500 crore.Unit Enterprises is one of the leading real estate designers in the country with a notable presence in South India.Final month, Brigade Enterprises stated more than two-fold jump in combined net revenue at Rs 83.72 crore for the June one-fourth of the present .Its own internet earnings stood up at Rs 38.53 crore in the year-ago duration.Total income cheered Rs 1,113.44 crore during the course of April-June FY25 coming from Rs 685.43 crore in the equivalent time frame of the previous year.( Merely the title and also picture of this document might possess been actually remodelled by the Business Criterion staff the remainder of the web content is actually auto-generated coming from a syndicated feed.) First Posted: Sep 03 2024|10:19 AM IST.