.Its market capitalisation at Monday's closing cost remained at much more than Rs 28,000 crore Picture: Bloomberg2 min went through Last Improved: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises prepares to elevate as much as Rs 1,500 crore through selling equity allotments to institutional capitalists as component of its technique to increase service.The provider on September 2 released its own Qualified Institutional Positioning (QIP) issue to raise funds.In a governing declaring late on Monday, Brigade Enterprises educated that a board of supervisors authorised the position of the QIP Issue on Monday.The panel also authorized the floor rate for the QIP concern at Rs 1,164.70 per equity Allotment.The business's reveal cost closed at Rs 1,239.80 apiece on the BSE.Its market capitalisation at Monday's closing rate stood at more than Rs 28,000 crore.In March, Brigade Enterprises had taken authorization coming from shareholders to raise funds with the issue of safety and securities as much as Rs 1,500 crore.Unit Enterprises is just one of the leading real estate programmers in the nation with a significant presence in South India.Last month, Unit Enterprises disclosed much more than two-fold pitch in consolidated internet profit at Rs 83.72 crore for the June quarter of the current fiscal year.Its internet profit stood at Rs 38.53 crore in the year-ago duration.Total revenue rose to Rs 1,113.44 crore during the course of April-June FY25 from Rs 685.43 crore in the equivalent time period of the previous year.( Merely the headline and picture of this report might possess been actually remodelled due to the Organization Criterion personnel the remainder of the content is auto-generated coming from a syndicated feed.) 1st Posted: Sep 03 2024|10:19 AM IST.