.Its own market capitalisation at Monday's closing rate stood at much more than Rs 28,000 crore Picture: Bloomberg2 min checked out Final Upgraded: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises intends to raise approximately Rs 1,500 crore by selling equity allotments to institutional financiers as portion of its own method to broaden service.The provider on September 2 launched its Qualified Institutional Positioning (QIP) concern to increase funds.In a governing submitting late on Monday, Unit Enterprises updated that a committee of supervisors authorised the position of the QIP Problem on Monday.The door additionally accepted the floor cost for the QIP problem at Rs 1,164.70 per equity Allotment.The company's share rate closed at Rs 1,239.80 each on the BSE.Its own market capitalisation at Monday's closing price stood at much more than Rs 28,000 crore.In March, Unit Enterprises had actually taken confirmation from shareholders to raise funds via the problem of safeties around Rs 1,500 crore.Unit Enterprises is just one of the leading real estate creators in the nation with a substantial visibility in South India.Final month, Unit Enterprises disclosed much more than two-fold jump in combined internet revenue at Rs 83.72 crore for the June fourth of the present fiscal year.Its own internet profit stood at Rs 38.53 crore in the year-ago period.Complete income cheered Rs 1,113.44 crore during the course of April-June FY25 from Rs 685.43 crore in the matching time period of the previous year.( Only the heading and picture of this report might possess been actually revamped due to the Service Requirement personnel the remainder of the web content is auto-generated coming from a syndicated feed.) Very First Released: Sep 03 2024|10:19 AM IST.