.Its market capitalisation at Monday's closing rate endured at much more than Rs 28,000 crore Picture: Bloomberg2 minutes read Final Improved: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises considers to raise up to Rs 1,500 crore by selling equity portions to institutional real estate investors as component of its method to increase company.The firm on September 2 introduced its own Qualified Institutional Placement (QIP) problem to increase funds.In a governing submitting behind time on Monday, Unit Enterprises updated that a board of directors authorized the position of the QIP Concern on Monday.The board likewise permitted the flooring price for the QIP problem at Rs 1,164.70 per equity Share.The company's portion price finalized at Rs 1,239.80 apiece on the BSE.Its market capitalisation at Monday's closing price stood at much more than Rs 28,000 crore.In March, Unit Enterprises had actually taken approval coming from investors to elevate funds with the problem of securities around Rs 1,500 crore.Unit Enterprises is just one of the leading real property designers in the country along with a notable existence in South India.Last month, Brigade Enterprises mentioned much more than two-fold pitch in consolidated net income at Rs 83.72 crore for the June quarter of the existing .Its own web revenue stood at Rs 38.53 crore in the year-ago time period.Overall revenue cheered Rs 1,113.44 crore in the course of April-June FY25 coming from Rs 685.43 crore in the corresponding duration of the previous year.( Merely the title as well as image of this document might have been actually modified by the Company Standard team the remainder of the web content is actually auto-generated coming from a syndicated feed.) Very First Released: Sep 03 2024|10:19 AM IST.