Qualified institutional placements have provided returns over 35% on average since March 2009 according to a report from brokerage firm SMC Capitals. Unitech's QIP in April 2009 has seen the highest returns of 177.53% turning the Rs.1,621 crore raised into Rs.4,499 crore in current market value. With most QIP issues seeing returns over modest levels, there will likely be demand from investors for reasonably priced future QIP issues according to SMC Capital's equity head.