.Its market capitalisation at Monday's closing cost endured at much more than Rs 28,000 crore Graphic: Bloomberg2 minutes reviewed Last Updated: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises plans to elevate approximately Rs 1,500 crore through selling equity portions to institutional financiers as part of its strategy to increase company.The provider on September 2 launched its own Qualified Institutional Placement (QIP) concern to raise funds.In a governing declaring late on Monday, Unit Enterprises educated that a committee of supervisors authorized the opening of the QIP Issue on Monday.The panel additionally approved the floor rate for the QIP issue at Rs 1,164.70 per equity Allotment.The firm'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 taken confirmation coming from shareholders to increase funds by means of the issue of safety and securities approximately Rs 1,500 crore.Unit Enterprises is just one of the leading real estate programmers in the country with a substantial existence in South India.Final month, Unit Enterprises disclosed more than two-fold enter combined web profit at Rs 83.72 crore for the June fourth of the current fiscal year.Its own net revenue stood up at Rs 38.53 crore in the year-ago time period.Total earnings rose to Rs 1,113.44 crore throughout April-June FY25 coming from Rs 685.43 crore in the corresponding time period of the previous year.( Only the headline as well as image of this report may have been actually modified by the Business Specification team the remainder of the information is actually auto-generated coming from a syndicated feed.) First Published: Sep 03 2024|10:19 AM IST.