.Its own market capitalisation at Monday's closing price stood at greater than Rs 28,000 crore Picture: Bloomberg2 min checked out Last Improved: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises prepares to elevate around Rs 1,500 crore by offering equity allotments to institutional investors as portion of its method to broaden business.The provider on September 2 launched its Qualified Institutional Positioning (QIP) concern to increase funds.In a governing declaring behind time on Monday, Brigade Enterprises informed that a board of supervisors authorized the opening of the QIP Issue on Monday.The panel likewise accepted the floor rate for the QIP issue at Rs 1,164.70 every equity Reveal.The provider's reveal cost closed at Rs 1,239.80 each on the BSE.Its own market capitalisation at Monday's closing rate stood up at greater than Rs 28,000 crore.In March, Brigade Enterprises had actually taken confirmation from shareholders to increase funds with the issue of surveillances around Rs 1,500 crore.Unit Enterprises is among the leading property designers in the country along with a considerable presence in South India.Last month, Unit Enterprises reported much more than two-fold enter consolidated net income at Rs 83.72 crore for the June one-fourth of the existing fiscal year.Its internet revenue stood at Rs 38.53 crore in the year-ago period.Total revenue rose to Rs 1,113.44 crore during the course of April-June FY25 coming from Rs 685.43 crore in the equivalent period of the previous year.( Simply the title and also image of this document might have been actually reworked by the Company Standard workers the rest of the material is auto-generated from a syndicated feed.) Initial Posted: Sep 03 2024|10:19 AM IST.