.Its own market capitalisation at Monday’s closing price remained at more than Rs 28,000 crore Photo: Bloomberg2 minutes reviewed Final Upgraded: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises intends to raise as much as Rs 1,500 crore through selling equity portions to institutional real estate investors as portion of its method to extend company.The firm on September 2 launched its own Qualified Institutional Positioning (QIP) concern to raise funds.In a regulative submitting behind time on Monday, Unit Enterprises informed that a board of supervisors authorised the opening of the QIP Problem on Monday.The panel additionally approved the floor price for the QIP problem at Rs 1,164.70 per equity Share.The firm’s portion price shut at Rs 1,239.80 each on the BSE.Its market capitalisation at Monday’s closing rate stood up at much more than Rs 28,000 crore.In March, Brigade Enterprises had taken approval from investors to elevate funds by means of the problem of safeties as much as Rs 1,500 crore.Unit Enterprises is just one of the leading property creators in the nation along with a significant existence in South India.Last month, Brigade Enterprises reported much more than two-fold pitch in combined net income at Rs 83.72 crore for the June fourth of the existing .Its own net earnings stood up at Rs 38.53 crore in the year-ago time frame.Total earnings cheered Rs 1,113.44 crore during April-June FY25 from Rs 685.43 crore in the equivalent time period of the previous year.( Simply the heading and also picture of this report might possess been actually revamped by the Service Requirement personnel the rest of the content is auto-generated from a syndicated feed.) Very First Released: Sep 03 2024|10:19 AM IST.