.Its own market capitalisation at Monday's closing price endured at more than Rs 28,000 crore Picture: Bloomberg2 minutes checked out Final Updated: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises plans to raise as much as Rs 1,500 crore through selling equity reveals to institutional entrepreneurs as part of its approach to broaden service.The firm on September 2 introduced its Qualified Institutional Positioning (QIP) issue to elevate funds.In a regulatory submitting behind time on Monday, Brigade Enterprises notified that a board of directors authorized the position of the QIP Problem on Monday.The panel additionally accepted the flooring price for the QIP problem at Rs 1,164.70 per equity Reveal.The business's reveal cost finalized at Rs 1,239.80 each on the BSE.Its own market capitalisation at Monday's closing price stood up at greater than Rs 28,000 crore.In March, Unit Enterprises had taken approval coming from shareholders to increase funds with the problem of safety and securities up to Rs 1,500 crore.Brigade Enterprises is among the leading real estate designers in the country along with a substantial existence in South India.Last month, Unit Enterprises stated more than two-fold pitch in consolidated net revenue at Rs 83.72 crore for the June quarter of the current .Its own internet income stood at Rs 38.53 crore in the year-ago duration.Total income rose to Rs 1,113.44 crore throughout April-June FY25 coming from Rs 685.43 crore in the corresponding period of the previous year.( Simply the heading and photo of this document may have been actually modified due to the Organization Specification team the remainder of the information is auto-generated coming from a syndicated feed.) Very First Released: Sep 03 2024|10:19 AM IST.