.Its own market capitalisation at Monday's closing price remained at much more than Rs 28,000 crore Image: Bloomberg2 min read through Final Improved: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises plans to elevate approximately Rs 1,500 crore through selling equity portions to institutional entrepreneurs as portion of its own method to extend service.The company on September 2 launched its own Qualified Institutional Positioning (QIP) issue to raise funds.In a regulative filing behind time on Monday, Unit Enterprises updated that a board of directors authorised the opening of the QIP Concern on Monday.The panel also accepted the flooring price for the QIP concern at Rs 1,164.70 every equity Reveal.The provider's portion rate shut at Rs 1,239.80 each on the BSE.Its own market capitalisation at Monday's closing price stood at greater than Rs 28,000 crore.In March, Brigade Enterprises had actually taken approval coming from shareholders to raise funds through the issue of safety and securities around Rs 1,500 crore.Unit Enterprises is just one of the leading property developers in the country with a considerable existence in South India.Last month, Unit Enterprises disclosed much more than two-fold jump in consolidated net revenue at Rs 83.72 crore for the June quarter of the existing .Its internet revenue stood at Rs 38.53 crore in the year-ago period.Total earnings cheered 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.( Just the title and also photo of this record may possess been modified due to the Organization Criterion team the rest of the information is auto-generated coming from a syndicated feed.) Very First Released: Sep 03 2024|10:19 AM IST.