.Its own market capitalisation at Monday's closing rate stood at much more than Rs 28,000 crore Graphic: Bloomberg2 minutes read Final Updated: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises considers to increase around Rs 1,500 crore by selling equity reveals to institutional clients as portion of its method to extend company.The company on September 2 launched its Qualified Institutional Placement (QIP) problem to elevate funds.In a regulatory submitting late on Monday, Brigade Enterprises notified that a committee of directors authorised the opening of the QIP Issue on Monday.The panel additionally approved the floor rate for the QIP concern at Rs 1,164.70 per equity Allotment.The company's share rate shut at Rs 1,239.80 apiece on the BSE.Its own market capitalisation at Monday's closing price stood up at more than Rs 28,000 crore.In March, Unit Enterprises had actually taken permission from investors to elevate funds by means of the problem of safety and securities up to Rs 1,500 crore.Brigade Enterprises is just one of the leading realty developers in the country with a significant presence in South India.Last month, Brigade Enterprises mentioned more than two-fold pitch in combined web income at Rs 83.72 crore for the June quarter of the existing fiscal year.Its net income stood at Rs 38.53 crore in the year-ago time frame.Complete revenue 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.( Simply the headline as well as image of this record may possess been reworked due to the Company Specification staff the rest of the material is auto-generated coming from a syndicated feed.) First Released: Sep 03 2024|10:19 AM IST.