.Its market capitalisation at Monday's closing price endured at greater than Rs 28,000 crore Image: Bloomberg2 minutes went through Final Updated: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises plans to elevate up to Rs 1,500 crore by selling equity reveals to institutional clients as portion of its technique to grow business.The provider on September 2 released its Qualified Institutional Positioning (QIP) issue to increase funds.In a governing submitting behind time on Monday, Unit Enterprises educated that a committee of supervisors authorised the position of the QIP Concern on Monday.The board likewise permitted the flooring rate for the QIP concern at Rs 1,164.70 every equity Share.The business's reveal cost shut at Rs 1,239.80 each on the BSE.Its own market capitalisation at Monday's closing price stood at greater than Rs 28,000 crore.In March, Brigade Enterprises had taken permission from shareholders to increase funds through the problem of safety and securities approximately Rs 1,500 crore.Unit Enterprises is one of the leading property developers in the nation along with a substantial presence in South India.Final month, Brigade Enterprises mentioned much more than two-fold pitch in combined internet profit at Rs 83.72 crore for the June quarter of the present .Its own web revenue stood at Rs 38.53 crore in the year-ago duration.Overall revenue cheered Rs 1,113.44 crore in the course of April-June FY25 from Rs 685.43 crore in the matching duration of the previous year.( Merely the heading and picture of this document may have been actually revamped due to the Company Requirement workers the remainder of the content is actually auto-generated coming from a syndicated feed.) 1st Posted: Sep 03 2024|10:19 AM IST.