.Its own market capitalisation at Monday's closing cost endured at greater than Rs 28,000 crore Picture: Bloomberg2 minutes checked out Last Upgraded: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises plans to raise approximately Rs 1,500 crore by selling equity allotments to institutional investors as part of its own method to expand organization.The firm on September 2 launched its Qualified Institutional Placement (QIP) problem to raise funds.In a governing submission behind time on Monday, Brigade Enterprises notified that a committee of directors authorised the opening of the QIP Problem on Monday.The panel likewise approved the flooring price for the QIP problem at Rs 1,164.70 every equity Reveal.The provider's reveal rate shut at Rs 1,239.80 each on the BSE.Its own market capitalisation at Monday's closing rate stood at much more than Rs 28,000 crore.In March, Unit Enterprises had actually taken authorization coming from shareholders to raise funds by means of the issue of safeties up to Rs 1,500 crore.Unit Enterprises is among the leading real estate programmers in the nation along with a considerable existence in South India.Final month, Unit Enterprises reported more than two-fold pitch in consolidated web income at Rs 83.72 crore for the June fourth of the current .Its own internet income stood up at Rs 38.53 crore in the year-ago duration.Overall income rose to Rs 1,113.44 crore throughout April-June FY25 coming from Rs 685.43 crore in the corresponding period of the previous year.( Just the heading and photo of this file might possess been actually reworked due to the Business Specification workers the rest of the content is actually auto-generated coming from a syndicated feed.) First Published: Sep 03 2024|10:19 AM IST.