.Its market capitalisation at Monday's closing rate endured at greater than Rs 28,000 crore Picture: Bloomberg2 min read through Last Upgraded: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises organizes to raise around Rs 1,500 crore by marketing equity reveals to institutional capitalists as part of its own technique to increase business.The firm on September 2 introduced its Qualified Institutional Positioning (QIP) issue to elevate funds.In a governing submission behind time on Monday, Brigade Enterprises informed that a committee of supervisors authorised the position of the QIP Issue on Monday.The board additionally accepted the flooring rate for the QIP problem at Rs 1,164.70 per equity Share.The business's share price closed at Rs 1,239.80 each on the BSE.Its own market capitalisation at Monday's closing cost stood up at greater than Rs 28,000 crore.In March, Unit Enterprises had actually taken permission from shareholders to increase funds with the issue of safety and securities up to Rs 1,500 crore.Unit Enterprises is among the leading realty designers in the country with a notable existence in South India.Last month, Brigade Enterprises mentioned much more than two-fold jump in combined internet income at Rs 83.72 crore for the June one-fourth of the present fiscal year.Its own net income stood at Rs 38.53 crore in the year-ago duration.Overall earnings cheered Rs 1,113.44 crore during the course of April-June FY25 coming from Rs 685.43 crore in the equivalent time period of the previous year.( Just the headline and also image of this report might have been actually revamped due to the Organization Criterion staff the remainder of the web content is actually auto-generated coming from a syndicated feed.) 1st Published: Sep 03 2024|10:19 AM IST.