.Its own market capitalisation at Monday's closing cost endured at more than Rs 28,000 crore Image: Bloomberg2 min went through Last Upgraded: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises plans to increase around Rs 1,500 crore by offering equity portions to institutional capitalists as aspect of its approach to broaden service.The provider on September 2 introduced its Qualified Institutional Positioning (QIP) concern to increase funds.In a governing filing late on Monday, Unit Enterprises educated that a board of directors authorised the opening of the QIP Issue on Monday.The board additionally approved the floor rate for the QIP concern at Rs 1,164.70 per equity Share.The firm's reveal price shut at Rs 1,239.80 apiece on the BSE.Its own market capitalisation at Monday's closing rate stood at more than Rs 28,000 crore.In March, Unit Enterprises had taken approval coming from investors to elevate funds through the issue of securities approximately Rs 1,500 crore.Brigade Enterprises is among the leading real property creators in the nation with a significant visibility in South India.Last month, Brigade Enterprises disclosed greater than two-fold pitch in combined web income at Rs 83.72 crore for the June one-fourth of the current fiscal year.Its net earnings stood at Rs 38.53 crore in the year-ago duration.Complete revenue cheered Rs 1,113.44 crore during April-June FY25 coming from Rs 685.43 crore in the matching time frame of the previous year.( Merely the heading and image of this record might possess been actually revamped by the Service Requirement team the remainder of the content is auto-generated coming from a syndicated feed.) 1st Released: Sep 03 2024|10:19 AM IST.