.Its market capitalisation at Monday's closing rate remained at much more than Rs 28,000 crore Image: Bloomberg2 minutes went through Final Improved: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises intends to raise approximately Rs 1,500 crore by offering equity portions to institutional real estate investors as aspect of its approach to broaden service.The company on September 2 introduced its Qualified Institutional Placement (QIP) problem to elevate funds.In a governing filing behind time on Monday, Unit Enterprises educated that a committee of directors authorised the position of the QIP Concern on Monday.The panel likewise authorized the flooring cost for the QIP concern at Rs 1,164.70 every equity Portion.The firm's allotment price closed at Rs 1,239.80 apiece on the BSE.Its own market capitalisation at Monday's closing rate stood at much more than Rs 28,000 crore.In March, Unit Enterprises had taken confirmation from shareholders to elevate funds by means of the problem of safeties approximately Rs 1,500 crore.Unit Enterprises is one of the leading real estate creators in the nation along with a notable presence in South India.Last month, Brigade Enterprises reported greater than two-fold pitch in consolidated net earnings at Rs 83.72 crore for the June fourth of the present .Its internet revenue stood at Rs 38.53 crore in the year-ago period.Total revenue cheered Rs 1,113.44 crore during April-June FY25 coming from Rs 685.43 crore in the corresponding period of the previous year.( Only the title and image of this report may have been reworked by the Company Requirement team the remainder of the web content is auto-generated coming from a syndicated feed.) First Released: Sep 03 2024|10:19 AM IST.