.Its own market capitalisation at Monday's closing cost stood at much more than Rs 28,000 crore Image: Bloomberg2 minutes went through Last Improved: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises plans to elevate as much as Rs 1,500 crore through selling equity reveals to institutional entrepreneurs as component of its own tactic to extend service.The company on September 2 launched its Qualified Institutional Placement (QIP) issue to increase funds.In a governing filing late on Monday, Brigade Enterprises notified that a board of supervisors authorized the position of the QIP Problem on Monday.The board likewise accepted the flooring cost for the QIP problem at Rs 1,164.70 per equity Allotment.The firm's allotment price finalized at Rs 1,239.80 apiece on the BSE.Its market capitalisation at Monday's closing price stood up at more than Rs 28,000 crore.In March, Brigade Enterprises had taken authorization from shareholders to increase funds through the issue of safety and securities approximately Rs 1,500 crore.Brigade Enterprises is among the leading realty designers in the country along with a substantial existence in South India.Final month, Unit Enterprises reported much more than two-fold enter combined web earnings at Rs 83.72 crore for the June fourth of the existing .Its internet profit stood at Rs 38.53 crore in the year-ago duration.Overall earnings 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.( Only the headline as well as photo of this document might possess been actually modified by the Company Specification team the remainder of the information is auto-generated from a syndicated feed.) Initial Released: Sep 03 2024|10:19 AM IST.