.Its own market capitalisation at Monday's closing price remained at greater than Rs 28,000 crore Graphic: Bloomberg2 minutes reviewed Last Improved: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises prepares to raise as much as Rs 1,500 crore by offering equity allotments to institutional investors as portion of its own method to grow business.The business on September 2 launched its own Qualified Institutional Positioning (QIP) concern to increase funds.In a regulatory submitting behind time on Monday, Unit Enterprises informed that a board of supervisors authorized the position of the QIP Concern on Monday.The board also authorized the floor rate for the QIP issue at Rs 1,164.70 every equity Reveal.The firm's share rate shut at Rs 1,239.80 apiece on the BSE.Its market capitalisation at Monday's closing cost stood up at more than Rs 28,000 crore.In March, Brigade Enterprises had taken approval from investors to raise funds via the concern of securities approximately Rs 1,500 crore.Brigade Enterprises is among the leading property designers in the country with a notable visibility in South India.Last month, Unit Enterprises stated much more than two-fold pitch in consolidated web income at Rs 83.72 crore for the June fourth of the present fiscal year.Its own internet profit stood at Rs 38.53 crore in the year-ago period.Complete income rose to Rs 1,113.44 crore throughout April-June FY25 coming from Rs 685.43 crore in the matching duration of the previous year.( Merely the heading as well as picture of this document might have been revamped by the Company Specification team the rest of the material is auto-generated coming from a syndicated feed.) Very First Posted: Sep 03 2024|10:19 AM IST.