.Its own market capitalisation at Monday's closing price remained at more than Rs 28,000 crore Picture: Bloomberg2 min reviewed Last Upgraded: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises organizes to raise approximately Rs 1,500 crore by offering equity portions to institutional investors as aspect of its method to extend company.The firm on September 2 launched its own Qualified Institutional Placement (QIP) issue to increase funds.In a regulatory submitting behind time on Monday, Brigade Enterprises informed that a committee of supervisors authorized the position of the QIP Problem on Monday.The board also permitted the floor price for the QIP problem at Rs 1,164.70 every equity Share.The company's allotment rate shut at Rs 1,239.80 apiece on the BSE.Its own market capitalisation at Monday's closing price stood at more than Rs 28,000 crore.In March, Unit Enterprises had taken permission from investors to increase funds via the concern of safeties approximately Rs 1,500 crore.Brigade Enterprises is just one of the leading real estate developers in the nation along with a substantial visibility in South India.Final month, Brigade Enterprises mentioned much more than two-fold pitch in consolidated net profit at Rs 83.72 crore for the June fourth of the existing fiscal year.Its internet earnings stood up at Rs 38.53 crore in the year-ago time period.Complete profit rose to Rs 1,113.44 crore during the course of April-June FY25 coming from Rs 685.43 crore in the corresponding time period of the previous year.( Only the heading as well as photo of this record might possess been actually remodelled by the Company Standard team the rest of the information is auto-generated coming from a syndicated feed.) 1st Published: Sep 03 2024|10:19 AM IST.