.Its own market capitalisation at Monday's closing rate endured at greater than Rs 28,000 crore Photo: Bloomberg2 min read through Final Upgraded: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises organizes to elevate as much as Rs 1,500 crore by offering equity reveals to institutional investors as portion of its technique to grow organization.The business on September 2 released its own Qualified Institutional Placement (QIP) issue to increase funds.In a regulatory submitting late on Monday, Unit Enterprises updated that a committee of supervisors authorised the opening of the QIP Problem on Monday.The panel also approved the flooring price for the QIP problem at Rs 1,164.70 every equity Share.The business's portion rate finalized at Rs 1,239.80 each on the BSE.Its own market capitalisation at Monday's closing cost stood up at more than Rs 28,000 crore.In March, Brigade Enterprises had taken confirmation from investors to raise funds through the issue of safeties as much as Rs 1,500 crore.Unit Enterprises is among the leading real property developers in the country along with a significant existence in South India.Last month, Unit Enterprises mentioned greater than two-fold pitch in combined web earnings at Rs 83.72 crore for the June one-fourth of the current fiscal year.Its own net profit stood up at Rs 38.53 crore in the year-ago time frame.Complete profit rose to 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.( Simply the heading as well as image of this record may have been actually revamped by the Business Standard team the rest of the information is auto-generated coming from a syndicated feed.) Initial Posted: Sep 03 2024|10:19 AM IST.