.Its market capitalisation at Monday's closing rate remained at much more than Rs 28,000 crore Graphic: Bloomberg2 minutes reviewed Last Improved: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises prepares to increase around Rs 1,500 crore by marketing equity allotments to institutional capitalists as part of its own technique to expand business.The business on September 2 introduced its own Qualified Institutional Placement (QIP) problem to increase funds.In a governing filing behind time on Monday, Unit Enterprises informed that a committee of directors authorized the position of the QIP Issue on Monday.The door additionally approved the floor cost for the QIP problem at Rs 1,164.70 per equity Share.The firm's allotment rate shut at Rs 1,239.80 each on the BSE.Its own market capitalisation at Monday's closing rate stood up at much more than Rs 28,000 crore.In March, Unit Enterprises had taken confirmation coming from shareholders to elevate funds via the issue of safeties approximately Rs 1,500 crore.Brigade Enterprises is one of the leading realty creators in the nation along with a notable presence in South India.Last month, Unit Enterprises mentioned greater than two-fold enter consolidated web revenue at Rs 83.72 crore for the June one-fourth of the present fiscal year.Its net earnings stood at Rs 38.53 crore in the year-ago period.Total earnings cheered Rs 1,113.44 crore during April-June FY25 from Rs 685.43 crore in the equivalent duration of the previous year.( Just the title and also photo of this file might have been actually revamped by the Business Standard personnel the remainder of the information is auto-generated from a syndicated feed.) First Posted: Sep 03 2024|10:19 AM IST.