.Its market capitalisation at Monday's closing price stood at much more than Rs 28,000 crore Photo: Bloomberg2 minutes reviewed Last Upgraded: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises organizes to increase as much as Rs 1,500 crore by marketing equity portions to institutional entrepreneurs as portion of its own strategy to grow business.The provider on September 2 launched its own Qualified Institutional Placement (QIP) concern to raise funds.In a regulative submission late on Monday, Unit Enterprises educated that a committee of directors authorised the position of the QIP Concern on Monday.The panel likewise authorized the flooring price for the QIP problem at Rs 1,164.70 per equity Portion.The company's share price closed at Rs 1,239.80 apiece on the BSE.Its market capitalisation at Monday's closing price stood up at greater than Rs 28,000 crore.In March, Unit Enterprises had taken confirmation coming from investors to increase funds through the problem of safety and securities approximately Rs 1,500 crore.Brigade Enterprises is just one of the leading property programmers in the country along with a considerable existence in South India.Last month, Brigade Enterprises disclosed greater than two-fold jump in combined web income at Rs 83.72 crore for the June fourth of the present .Its internet revenue stood up at Rs 38.53 crore in the year-ago duration.Overall income cheered Rs 1,113.44 crore during the course of April-June FY25 coming from Rs 685.43 crore in the equivalent time period of the previous year.( Merely the title as well as photo of this document may have been actually modified due to the Company Criterion staff the remainder of the information is actually auto-generated from a syndicated feed.) 1st Posted: Sep 03 2024|10:19 AM IST.