.Its market capitalisation at Monday's closing rate remained at much more than Rs 28,000 crore Graphic: Bloomberg2 min went through Final Improved: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises intends to elevate up to Rs 1,500 crore through marketing equity portions to institutional clients as aspect of its own tactic to grow service.The company on September 2 released its own Qualified Institutional Placement (QIP) concern to raise funds.In a regulatory declaring behind time on Monday, Unit Enterprises informed that a board of supervisors authorized the position of the QIP Issue on Monday.The panel likewise accepted the flooring price for the QIP problem at Rs 1,164.70 every equity Share.The firm's share cost finalized at Rs 1,239.80 each on the BSE.Its market capitalisation at Monday's closing price stood at more than Rs 28,000 crore.In March, Brigade Enterprises had actually taken authorization from shareholders to raise funds via the issue of securities around Rs 1,500 crore.Brigade Enterprises is among the leading real estate designers in the nation along with a considerable presence in South India.Final month, Unit Enterprises mentioned more than two-fold enter combined net revenue at Rs 83.72 crore for the June fourth of the present fiscal year.Its web profit stood up at Rs 38.53 crore in the year-ago duration.Total profit rose to Rs 1,113.44 crore during the course of April-June FY25 coming from Rs 685.43 crore in the corresponding time period of the previous year.( Just the title and picture of this record may possess been modified by the Service Requirement staff the rest of the content is actually auto-generated from a syndicated feed.) Initial Posted: Sep 03 2024|10:19 AM IST.