.Its market capitalisation at Monday's closing price remained at more than Rs 28,000 crore Photo: Bloomberg2 min reviewed Last Improved: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises organizes to raise as much as Rs 1,500 crore by selling equity shares to institutional entrepreneurs as portion of its own tactic to grow business.The firm on September 2 introduced its Qualified Institutional Placement (QIP) issue to increase funds.In a regulative submission behind time on Monday, Unit Enterprises notified that a board of directors authorized the position of the QIP Issue on Monday.The panel likewise authorized the floor price for the QIP problem at Rs 1,164.70 per equity Allotment.The provider's share cost shut at Rs 1,239.80 each on the BSE.Its market capitalisation at Monday's closing price stood at greater than Rs 28,000 crore.In March, Brigade Enterprises had taken confirmation coming from shareholders to raise funds via the concern of safeties approximately Rs 1,500 crore.Unit Enterprises is among the leading property programmers in the country with a significant visibility in South India.Final month, Brigade Enterprises disclosed greater than two-fold enter combined web profit at Rs 83.72 crore for the June one-fourth of the present .Its internet profit stood at Rs 38.53 crore in the year-ago time frame.Total earnings 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.( Just the heading as well as photo of this file may have been modified by the Service Specification personnel the rest of the content is auto-generated coming from a syndicated feed.) Very First Released: Sep 03 2024|10:19 AM IST.