.Its own market capitalisation at Monday's closing price stood at much more than Rs 28,000 crore Photo: Bloomberg2 minutes read Final Improved: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises plans to raise around Rs 1,500 crore through offering equity shares to institutional entrepreneurs as portion of its own method to broaden service.The company on September 2 released its own Qualified Institutional Positioning (QIP) issue to elevate funds.In a governing filing late on Monday, Brigade Enterprises updated that a board of supervisors authorised the opening of the QIP Problem on Monday.The board also authorized the flooring price for the QIP problem at Rs 1,164.70 every equity Portion.The firm's portion rate closed at Rs 1,239.80 apiece on the BSE.Its market capitalisation at Monday's closing rate stood at much more than Rs 28,000 crore.In March, Unit Enterprises had actually taken approval coming from investors to increase funds by means of the concern of securities approximately Rs 1,500 crore.Unit Enterprises is one of the leading real estate programmers in the nation with a notable presence in South India.Final month, Unit Enterprises stated greater than two-fold enter combined web income at Rs 83.72 crore for the June quarter of the existing fiscal year.Its own net revenue stood at Rs 38.53 crore in the year-ago duration.Complete earnings cheered Rs 1,113.44 crore throughout April-June FY25 from Rs 685.43 crore in the corresponding period of the previous year.( Simply the heading as well as image of this file may possess been actually revamped by the Service Specification workers the rest of the content is auto-generated from a syndicated feed.) 1st Released: Sep 03 2024|10:19 AM IST.