.Its own market capitalisation at Monday's closing rate endured at more than Rs 28,000 crore Graphic: Bloomberg2 min checked out Final Upgraded: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises considers to raise as much as Rs 1,500 crore through selling equity shares to institutional financiers as portion of its own method to increase service.The provider on September 2 launched its own Qualified Institutional Placement (QIP) problem to elevate funds.In a regulative declaring late on Monday, Brigade Enterprises updated that a board of directors authorized the opening of the QIP Issue on Monday.The panel likewise accepted the flooring cost for the QIP concern at Rs 1,164.70 per equity Share.The company's portion price shut at Rs 1,239.80 each on the BSE.Its own market capitalisation at Monday's closing rate stood at much more than Rs 28,000 crore.In March, Brigade Enterprises had actually taken authorization from shareholders to elevate funds through the issue of protections around Rs 1,500 crore.Brigade Enterprises is just one of the leading realty designers in the nation along with a notable existence in South India.Final month, Unit Enterprises stated much more than two-fold pitch in combined net income at Rs 83.72 crore for the June fourth of the present .Its net revenue stood at Rs 38.53 crore in the year-ago time frame.Complete income cheered Rs 1,113.44 crore in the course of April-June FY25 coming from Rs 685.43 crore in the matching period of the previous year.( Simply the heading and also image of this report may have been revamped due to the Organization Criterion staff the rest of the content is actually auto-generated coming from a syndicated feed.) First Published: Sep 03 2024|10:19 AM IST.