.Its market capitalisation at Monday's closing price remained at much more than Rs 28,000 crore Picture: Bloomberg2 min checked out Last Upgraded: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises plans to increase around Rs 1,500 crore through offering equity allotments to institutional investors as component of its own method to expand organization.The business on September 2 introduced its Qualified Institutional Positioning (QIP) issue to elevate funds.In a governing submitting behind time on Monday, Unit Enterprises educated that a board of supervisors authorised the opening of the QIP Concern on Monday.The door also accepted the floor price for the QIP problem at Rs 1,164.70 per equity Allotment.The firm's share rate closed at Rs 1,239.80 each on the BSE.Its market capitalisation at Monday's closing rate stood at greater than Rs 28,000 crore.In March, Brigade Enterprises had taken permission from shareholders to elevate funds by means of the issue of protections approximately Rs 1,500 crore.Brigade Enterprises is among the leading real property creators in the country along with a significant existence in South India.Last month, Unit Enterprises mentioned more than two-fold enter combined web earnings at Rs 83.72 crore for the June one-fourth of the existing .Its own net earnings stood up at Rs 38.53 crore in the year-ago time period.Overall revenue rose to Rs 1,113.44 crore during April-June FY25 from Rs 685.43 crore in the corresponding duration of the previous year.( Merely the headline as well as image of this record might possess been reworked by the Company Standard team the remainder of the material is auto-generated coming from a syndicated feed.) Very First Released: Sep 03 2024|10:19 AM IST.