.Its market capitalisation at Monday's closing cost remained at greater than Rs 28,000 crore Image: Bloomberg2 min checked out Last Improved: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises plans to elevate as much as Rs 1,500 crore through marketing equity allotments to institutional capitalists as component of its own approach to increase organization.The business on September 2 launched its Qualified Institutional Positioning (QIP) problem to increase funds.In a governing filing behind time on Monday, Unit Enterprises notified that a board of supervisors authorized the opening of the QIP Problem on Monday.The panel also approved the flooring cost for the QIP concern at Rs 1,164.70 every equity Share.The company's allotment price shut at Rs 1,239.80 each on the BSE.Its own market capitalisation at Monday's closing rate stood at greater than Rs 28,000 crore.In March, Brigade Enterprises had actually taken permission from investors to increase funds via the issue of safeties up to Rs 1,500 crore.Unit Enterprises is one of the leading realty programmers in the country along with a notable visibility in South India.Last month, Brigade Enterprises stated more than two-fold jump in consolidated web revenue at Rs 83.72 crore for the June one-fourth of the current fiscal year.Its internet earnings stood up at Rs 38.53 crore in the year-ago time period.Overall earnings rose to Rs 1,113.44 crore during the course of April-June FY25 from Rs 685.43 crore in the matching duration of the previous year.( Simply the title as well as photo of this file might have been actually revamped due to the Service Requirement team the remainder of the information is auto-generated from a syndicated feed.) First Published: Sep 03 2024|10:19 AM IST.