.Its market capitalisation at Monday's closing rate remained at more than Rs 28,000 crore Graphic: Bloomberg2 minutes read through Last Improved: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises organizes to raise around Rs 1,500 crore by marketing equity reveals to institutional real estate investors as aspect of its tactic to extend company.The firm on September 2 introduced its own Qualified Institutional Placement (QIP) concern to elevate funds.In a regulative submission late on Monday, Unit Enterprises informed that a board of supervisors authorized the opening of the QIP Issue on Monday.The door also authorized the flooring cost for the QIP problem at Rs 1,164.70 every equity Allotment.The firm's share cost shut at Rs 1,239.80 each on the BSE.Its own market capitalisation at Monday's closing cost stood up at much more than Rs 28,000 crore.In March, Brigade Enterprises had actually taken confirmation from shareholders to increase funds with the problem of protections around Rs 1,500 crore.Unit Enterprises is among the leading real estate developers in the nation with a considerable existence in South India.Final month, Brigade Enterprises disclosed greater than two-fold pitch in combined internet earnings at Rs 83.72 crore for the June fourth of the current .Its own net profit stood at Rs 38.53 crore in the year-ago duration.Complete revenue rose to Rs 1,113.44 crore in the course of April-June FY25 from Rs 685.43 crore in the matching time period of the previous year.( Only the title and photo of this file may possess been reworked by the Service Requirement personnel the remainder of the web content is actually auto-generated coming from a syndicated feed.) Very First Published: Sep 03 2024|10:19 AM IST.