.Its market capitalisation at Monday's closing price remained at much more than Rs 28,000 crore Picture: Bloomberg2 min went through Final Improved: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises plans to raise up to Rs 1,500 crore by selling equity allotments to institutional financiers as part of its own approach to grow business.The company on September 2 released its Qualified Institutional Positioning (QIP) concern to elevate funds.In a regulatory filing behind time on Monday, Brigade Enterprises educated that a committee of supervisors authorized the position of the QIP Concern on Monday.The door additionally accepted the floor price for the QIP problem at Rs 1,164.70 per equity Allotment.The company's reveal price shut at Rs 1,239.80 each on the BSE.Its market capitalisation at Monday's closing cost stood at more than Rs 28,000 crore.In March, Unit Enterprises had actually taken approval from shareholders to raise funds via the problem of safeties approximately Rs 1,500 crore.Unit Enterprises is one of the leading property developers in the country with a significant visibility in South India.Final month, Unit Enterprises reported greater than two-fold enter consolidated web profit at Rs 83.72 crore for the June one-fourth of the present fiscal year.Its own internet earnings stood up at Rs 38.53 crore in the year-ago time period.Total profit cheered Rs 1,113.44 crore during April-June FY25 from Rs 685.43 crore in the matching time frame of the previous year.( Just the heading as well as photo of this report may have been actually reworked by the Business Criterion personnel the remainder of the web content is actually auto-generated from a syndicated feed.) Initial Posted: Sep 03 2024|10:19 AM IST.