.Its market capitalisation at Monday’s closing cost stood at much more than Rs 28,000 crore Photo: Bloomberg2 min read Last Updated: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises organizes to elevate up to Rs 1,500 crore by marketing equity allotments to institutional real estate investors as aspect of its method to increase organization.The firm on September 2 released its own Qualified Institutional Placement (QIP) concern to raise funds.In a governing declaring behind time on Monday, Unit Enterprises notified that a committee of supervisors authorised the position of the QIP Concern on Monday.The panel likewise permitted the floor cost for the QIP concern at Rs 1,164.70 per equity Portion.The firm’s share cost finalized at Rs 1,239.80 each on the BSE.Its market capitalisation at Monday’s closing price stood up at greater than Rs 28,000 crore.In March, Brigade Enterprises had actually taken authorization coming from investors to raise funds by means of the concern of protections approximately Rs 1,500 crore.Unit Enterprises is among the leading realty developers in the country with a notable presence in South India.Final month, Brigade Enterprises disclosed more than two-fold jump in consolidated web revenue at Rs 83.72 crore for the June fourth of the current .Its web revenue stood at Rs 38.53 crore in the year-ago time frame.Overall earnings rose to Rs 1,113.44 crore throughout April-June FY25 coming from Rs 685.43 crore in the corresponding time period of the previous year.( Only the title and photo of this report may possess been actually modified by the Service Standard staff the rest of the information is auto-generated coming from a syndicated feed.) First Published: Sep 03 2024|10:19 AM IST.