.Its own market capitalisation at Monday's closing cost remained at much more than Rs 28,000 crore Graphic: Bloomberg2 min read through Final Improved: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises plans to elevate up to Rs 1,500 crore through offering equity portions to institutional capitalists as component of its own approach to expand business.The business on September 2 introduced its Qualified Institutional Placement (QIP) concern to raise funds.In a regulatory declaring behind time on Monday, Brigade Enterprises updated that a committee of directors authorised the position of the QIP Issue on Monday.The board additionally accepted the floor cost for the QIP concern at Rs 1,164.70 every equity Allotment.The business's share rate finalized 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 taken confirmation from shareholders to raise funds with the problem of safety and securities as much as Rs 1,500 crore.Unit Enterprises is just one of the leading real property designers in the nation along with a substantial existence in South India.Final month, Unit Enterprises mentioned more than two-fold jump in consolidated internet income at Rs 83.72 crore for the June fourth of the existing .Its own net income stood at Rs 38.53 crore in the year-ago time period.Overall profit cheered Rs 1,113.44 crore during the course of April-June FY25 from Rs 685.43 crore in the matching period of the previous year.( Just the title and picture of this record may have been actually modified by the Company Standard team the remainder of the content is actually auto-generated from a syndicated feed.) First Posted: Sep 03 2024|10:19 AM IST.