.Its own market capitalisation at Monday's closing cost stood at much more than Rs 28,000 crore Graphic: Bloomberg2 minutes went through Last Updated: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises intends to elevate up to Rs 1,500 crore by offering equity allotments to institutional financiers as component of its own strategy to extend organization.The provider on September 2 released its Qualified Institutional Positioning (QIP) concern to elevate funds.In a regulatory filing late on Monday, Unit Enterprises informed that a committee of directors authorized the opening of the QIP Problem on Monday.The door likewise authorized the flooring cost for the QIP issue at Rs 1,164.70 every equity Share.The provider's portion cost finalized at Rs 1,239.80 apiece on the BSE.Its own market capitalisation at Monday's closing price stood up at greater than Rs 28,000 crore.In March, Unit Enterprises had actually taken approval from shareholders to increase funds via the concern of surveillances approximately Rs 1,500 crore.Brigade Enterprises is one of the leading realty creators in the nation along with a substantial existence in South India.Final month, Unit Enterprises disclosed more than two-fold jump in combined net earnings at Rs 83.72 crore for the June one-fourth of the current .Its internet revenue stood at Rs 38.53 crore in the year-ago time frame.Overall revenue rose to Rs 1,113.44 crore during April-June FY25 from Rs 685.43 crore in the equivalent duration of the previous year.( Simply the headline as well as picture of this file may possess been actually modified due to the Business Standard team the rest of the content is auto-generated from a syndicated feed.) Initial Published: Sep 03 2024|10:19 AM IST.