.Its market capitalisation at Monday's closing price remained at greater than Rs 28,000 crore Graphic: Bloomberg2 minutes reviewed Last Upgraded: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises intends to raise approximately Rs 1,500 crore through selling equity portions to institutional capitalists as portion of its strategy to extend business.The company on September 2 launched its Qualified Institutional Placement (QIP) concern to increase funds.In a regulative declaring behind time on Monday, Unit Enterprises notified that a committee of directors authorised the position of the QIP Issue on Monday.The panel also approved the floor cost for the QIP issue at Rs 1,164.70 every equity Share.The company's reveal rate shut at Rs 1,239.80 each on the BSE.Its own market capitalisation at Monday's closing rate stood up at much more than Rs 28,000 crore.In March, Unit Enterprises had actually taken permission from shareholders to elevate funds via the problem of surveillances approximately Rs 1,500 crore.Brigade Enterprises is just one of the leading real estate developers in the nation with a significant existence in South India.Final month, Unit Enterprises stated greater than two-fold enter consolidated internet income at Rs 83.72 crore for the June one-fourth of the present .Its own web earnings stood at Rs 38.53 crore in the year-ago period.Total earnings rose to Rs 1,113.44 crore in the course of April-June FY25 coming from Rs 685.43 crore in the equivalent duration of the previous year.( Just the headline as well as picture of this report might have been actually reworked by the Organization Specification workers the rest of the information is actually auto-generated coming from a syndicated feed.) 1st Published: Sep 03 2024|10:19 AM IST.