.Its own market capitalisation at Monday's closing price endured at greater than Rs 28,000 crore Image: Bloomberg2 min went through Last Upgraded: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises organizes to raise approximately Rs 1,500 crore through offering equity reveals to institutional investors as portion of its own method to increase company.The company on September 2 launched its Qualified Institutional Positioning (QIP) issue to raise funds.In a governing submission late on Monday, Unit Enterprises informed that a board of supervisors authorized the opening of the QIP Issue on Monday.The board also accepted the floor rate for the QIP concern at Rs 1,164.70 per equity Share.The firm's allotment price 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, Brigade Enterprises had actually taken confirmation from shareholders to elevate funds via the issue of safeties up to Rs 1,500 crore.Unit Enterprises is just one of the leading property programmers in the nation with a notable presence in South India.Last month, Unit Enterprises disclosed greater than two-fold jump in combined internet income at Rs 83.72 crore for the June one-fourth of the existing .Its web revenue stood at Rs 38.53 crore in the year-ago time period.Overall revenue rose to Rs 1,113.44 crore in the course of April-June FY25 from Rs 685.43 crore in the corresponding time frame of the previous year.( Only the headline as well as image of this document might possess been remodelled by the Business Criterion workers the rest of the material is auto-generated coming from a syndicated feed.) 1st Posted: Sep 03 2024|10:19 AM IST.