.Its market capitalisation at Monday's closing rate endured at greater than Rs 28,000 crore Image: Bloomberg2 minutes reviewed Final Upgraded: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises plans to increase up to Rs 1,500 crore by offering equity shares to institutional capitalists as aspect of its own tactic to increase organization.The company on September 2 released its own Qualified Institutional Placement (QIP) issue to increase funds.In a regulative submitting late on Monday, Unit Enterprises informed that a board of supervisors authorized the position of the QIP Issue on Monday.The panel additionally permitted the floor rate for the QIP concern at Rs 1,164.70 per equity Reveal.The company's portion cost closed at Rs 1,239.80 apiece on the BSE.Its own market capitalisation at Monday's closing price stood up at greater than Rs 28,000 crore.In March, Brigade Enterprises had taken confirmation coming from investors to elevate funds via the issue of safeties up to Rs 1,500 crore.Unit Enterprises is one of the leading realty developers in the nation with a significant presence in South India.Final month, Unit Enterprises reported much more than two-fold jump in consolidated internet income at Rs 83.72 crore for the June quarter of the present fiscal year.Its internet profit stood at Rs 38.53 crore in the year-ago time frame.Total profit cheered Rs 1,113.44 crore during April-June FY25 from Rs 685.43 crore in the matching time period of the previous year.( Simply the title as well as picture of this report may have been actually revamped due to the Company Standard team the rest of the content is auto-generated coming from a syndicated feed.) Initial Released: Sep 03 2024|10:19 AM IST.