.Its market capitalisation at Monday's closing rate remained at much more than Rs 28,000 crore Graphic: Bloomberg2 min reviewed Final Improved: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises organizes to increase up to Rs 1,500 crore by marketing equity reveals to institutional clients as part of its strategy to expand business.The company on September 2 launched its own Qualified Institutional Placement (QIP) issue to raise funds.In a regulatory submission late on Monday, Brigade Enterprises educated that a committee of supervisors authorised the position of the QIP Issue on Monday.The board additionally authorized the floor rate for the QIP issue at Rs 1,164.70 every equity Reveal.The company's allotment cost shut at Rs 1,239.80 apiece on the BSE.Its market capitalisation at Monday's closing price stood up at more than Rs 28,000 crore.In March, Unit Enterprises had taken permission coming from investors to elevate funds through the issue of protections approximately Rs 1,500 crore.Brigade Enterprises is among the leading property creators in the country along with a considerable presence in South India.Final month, Brigade Enterprises mentioned more than two-fold pitch in consolidated internet earnings at Rs 83.72 crore for the June fourth of the current .Its web income stood up at Rs 38.53 crore in the year-ago time period.Complete profit cheered Rs 1,113.44 crore during April-June FY25 coming from Rs 685.43 crore in the equivalent time period of the previous year.( Simply the heading and photo of this document may have been remodelled due to the Organization Standard workers the rest of the web content is auto-generated from a syndicated feed.) 1st Released: Sep 03 2024|10:19 AM IST.