.Its own market capitalisation at Monday’s closing price remained at greater than Rs 28,000 crore Picture: Bloomberg2 minutes read Last Updated: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises intends to raise up to Rs 1,500 crore by offering equity portions to institutional real estate investors as part of its own method to extend organization.The company on September 2 launched its own Qualified Institutional Positioning (QIP) concern to increase funds.In a regulatory declaring late on Monday, Unit Enterprises informed that a board of supervisors authorized the opening of the QIP Concern on Monday.The board additionally approved the floor rate for the QIP problem at Rs 1,164.70 per equity Portion.The business’s reveal cost finalized at Rs 1,239.80 each on the BSE.Its market capitalisation at Monday’s closing rate stood up at greater than Rs 28,000 crore.In March, Unit Enterprises had actually taken permission from investors to elevate funds with the issue of safeties up to Rs 1,500 crore.Unit Enterprises is just one of the leading real estate designers in the nation with a significant existence in South India.Last month, Brigade Enterprises reported much more than two-fold enter combined internet income at Rs 83.72 crore for the June one-fourth of the present fiscal year.Its internet revenue stood up at Rs 38.53 crore in the year-ago period.Complete revenue cheered Rs 1,113.44 crore during April-June FY25 coming from Rs 685.43 crore in the matching duration of the previous year.( Only the headline and photo of this document may possess been actually reworked by the Company Standard team the rest of the information is auto-generated coming from a syndicated feed.) First Released: Sep 03 2024|10:19 AM IST.