.Its own market capitalisation at Monday's closing price remained at more than Rs 28,000 crore Photo: Bloomberg2 minutes reviewed Last Updated: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises plans to raise around Rs 1,500 crore by selling equity reveals to institutional investors as component of its own technique to expand organization.The business on September 2 introduced its own Qualified Institutional Positioning (QIP) concern to increase funds.In a regulatory submitting late on Monday, Unit Enterprises educated that a board of supervisors authorized the opening of the QIP Concern on Monday.The panel additionally accepted the flooring cost for the QIP issue at Rs 1,164.70 per equity Share.The company's portion rate finalized at Rs 1,239.80 apiece on the BSE.Its market capitalisation at Monday's closing cost stood at more than Rs 28,000 crore.In March, Brigade Enterprises had actually taken permission from investors to raise funds by means of the issue of safety and securities approximately Rs 1,500 crore.Unit Enterprises is one of the leading real property creators in the nation with a notable visibility in South India.Final month, Unit Enterprises disclosed greater than two-fold pitch in combined web revenue at Rs 83.72 crore for the June one-fourth of the current .Its own web profit stood at Rs 38.53 crore in the year-ago time period.Total income rose to Rs 1,113.44 crore throughout 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 might possess been actually remodelled by the Business Criterion personnel the rest of the information is actually auto-generated coming from a syndicated feed.) Very First Published: Sep 03 2024|10:19 AM IST.