.Its own market capitalisation at Monday's closing cost stood at much more than Rs 28,000 crore Graphic: Bloomberg2 min read Last Upgraded: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises prepares to raise around Rs 1,500 crore through offering equity reveals to institutional clients as portion of its own tactic to broaden service.The company on September 2 launched its Qualified Institutional Positioning (QIP) problem to raise funds.In a regulative submission behind time on Monday, Brigade Enterprises informed that a committee of supervisors authorized the opening of the QIP Problem on Monday.The board also accepted the floor rate for the QIP concern at Rs 1,164.70 every equity Share.The business's reveal rate finalized at Rs 1,239.80 each on the BSE.Its market capitalisation at Monday's closing price stood at greater than Rs 28,000 crore.In March, Brigade Enterprises had taken confirmation from investors to increase funds via the problem of protections around Rs 1,500 crore.Unit Enterprises is among the leading real estate designers in the nation with a notable presence in South India.Last month, Brigade Enterprises disclosed greater than two-fold pitch in consolidated internet revenue at Rs 83.72 crore for the June one-fourth of the current fiscal year.Its own net earnings stood at Rs 38.53 crore in the year-ago duration.Overall income rose to Rs 1,113.44 crore during April-June FY25 coming from Rs 685.43 crore in the matching time frame of the previous year.( Simply the headline as well as photo of this record might possess been reworked due to the Organization Criterion staff the remainder of the material is auto-generated from a syndicated feed.) 1st Posted: Sep 03 2024|10:19 AM IST.