.Its market capitalisation at Monday's closing cost remained at more than Rs 28,000 crore Picture: Bloomberg2 min read Final Updated: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises intends to increase approximately Rs 1,500 crore through selling equity allotments to institutional real estate investors as part of its approach to increase business.The provider on September 2 launched its Qualified Institutional Placement (QIP) issue to elevate funds.In a regulative filing behind time on Monday, Brigade Enterprises educated that a committee of supervisors authorized the position of the QIP Issue on Monday.The panel also approved the flooring price for the QIP problem at Rs 1,164.70 per equity Portion.The business's share price closed at Rs 1,239.80 apiece on the BSE.Its own market capitalisation at Monday's closing price stood at greater than Rs 28,000 crore.In March, Unit Enterprises had taken approval from investors to raise funds by means of the problem of safeties approximately Rs 1,500 crore.Unit Enterprises is just one of the leading real estate programmers in the nation with a considerable existence in South India.Final month, Brigade Enterprises mentioned much more than two-fold jump in combined web income at Rs 83.72 crore for the June one-fourth of the present fiscal year.Its own web income stood at Rs 38.53 crore in the year-ago duration.Total revenue rose to Rs 1,113.44 crore throughout April-June FY25 from Rs 685.43 crore in the equivalent time period of the previous year.( Merely the heading as well as picture of this document might have been actually revamped due to the Organization Standard personnel the remainder of the web content is actually auto-generated from a syndicated feed.) Initial Released: Sep 03 2024|10:19 AM IST.