.Its market capitalisation at Monday's closing rate stood at more than Rs 28,000 crore Image: Bloomberg2 minutes read through Final Upgraded: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises considers to increase up to Rs 1,500 crore through marketing equity reveals to institutional capitalists as part of its strategy to grow organization.The provider on September 2 introduced its own Qualified Institutional Positioning (QIP) issue to elevate funds.In a regulatory submitting late on Monday, Unit Enterprises informed that a board of directors authorised the opening of the QIP Issue on Monday.The board also authorized the floor rate for the QIP concern at Rs 1,164.70 per equity Share.The firm's allotment cost finalized at Rs 1,239.80 each on the BSE.Its 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 investors to increase funds with the issue of surveillances up to Rs 1,500 crore.Unit Enterprises is one of the leading real estate designers in the country along with a significant existence in South India.Final month, Brigade Enterprises stated greater than two-fold pitch in consolidated web profit at Rs 83.72 crore for the June fourth of the current .Its own web earnings stood at Rs 38.53 crore in the year-ago duration.Complete earnings cheered Rs 1,113.44 crore during the course of April-June FY25 from Rs 685.43 crore in the corresponding time frame of the previous year.( Simply the title as well as image of this file may possess been modified by the Service Specification workers the rest of the content is actually auto-generated coming from a syndicated feed.) Very First Released: Sep 03 2024|10:19 AM IST.