.Its own market capitalisation at Monday's closing cost stood at much more than Rs 28,000 crore Image: Bloomberg2 minutes checked out Last Updated: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises considers to increase around Rs 1,500 crore through marketing equity allotments to institutional financiers as aspect of its own strategy to broaden service.The firm on September 2 released its own Qualified Institutional Placement (QIP) concern to increase funds.In a regulative filing late on Monday, Unit Enterprises updated that a board of supervisors authorised the position of the QIP Concern on Monday.The panel also accepted the flooring rate for the QIP issue at Rs 1,164.70 every equity Allotment.The firm's reveal price shut at Rs 1,239.80 each on the BSE.Its own market capitalisation at Monday's closing price stood at much more than Rs 28,000 crore.In March, Unit Enterprises had actually taken permission coming from investors to increase funds with the problem of protections approximately Rs 1,500 crore.Brigade Enterprises is among the leading real property designers in the country along with a significant presence in South India.Final month, Brigade Enterprises stated greater than two-fold jump in consolidated net revenue at Rs 83.72 crore for the June quarter of the current .Its own web profit stood at Rs 38.53 crore in the year-ago time frame.Complete earnings rose to Rs 1,113.44 crore during the course of April-June FY25 from Rs 685.43 crore in the corresponding time period of the previous year.( Simply the title as well as picture of this file may possess been actually revamped by the Business Standard workers the rest of the information is auto-generated coming from a syndicated feed.) First Posted: Sep 03 2024|10:19 AM IST.