.Its own market capitalisation at Monday's closing price endured at more than Rs 28,000 crore Picture: Bloomberg2 min read Last Improved: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises prepares to elevate around Rs 1,500 crore by selling equity allotments to institutional clients as part of its tactic to grow business.The business on September 2 introduced its Qualified Institutional Positioning (QIP) issue to raise funds.In a regulative submitting behind time on Monday, Brigade Enterprises informed that a board of directors authorized the position of the QIP Problem on Monday.The board also authorized the flooring price for the QIP problem at Rs 1,164.70 per equity Reveal.The firm's share cost shut at Rs 1,239.80 apiece on the BSE.Its market capitalisation at Monday's closing rate stood at much more than Rs 28,000 crore.In March, Unit Enterprises had actually taken permission coming from shareholders to elevate funds via the issue of surveillances around Rs 1,500 crore.Unit Enterprises is one of the leading property programmers in the country with a notable presence in South India.Final month, Brigade Enterprises mentioned greater than two-fold enter consolidated net income at Rs 83.72 crore for the June one-fourth of the existing .Its net profit stood up at Rs 38.53 crore in the year-ago time period.Total profit cheered Rs 1,113.44 crore in the course of April-June FY25 coming from Rs 685.43 crore in the corresponding time frame of the previous year.( Just the headline as well as picture of this report might have been actually modified due to the Organization Standard personnel the remainder of the information is actually auto-generated coming from a syndicated feed.) Very First Published: Sep 03 2024|10:19 AM IST.