.Its market capitalisation at Monday's closing price remained at greater than Rs 28,000 crore Photo: Bloomberg2 minutes checked out Last Upgraded: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises plans to increase around Rs 1,500 crore by marketing equity portions to institutional financiers as portion of its own tactic to expand business.The provider on September 2 launched its own Qualified Institutional Positioning (QIP) issue to increase funds.In a regulatory filing behind time on Monday, Unit Enterprises informed that a committee of supervisors authorized the position of the QIP Issue on Monday.The board likewise permitted the floor rate for the QIP problem at Rs 1,164.70 per equity Portion.The provider's reveal rate shut at Rs 1,239.80 apiece on the BSE.Its own market capitalisation at Monday's closing rate stood up at greater than Rs 28,000 crore.In March, Unit Enterprises had actually taken approval coming from investors to raise funds via the problem of securities approximately Rs 1,500 crore.Brigade Enterprises is one of the leading real estate programmers in the nation along with a notable presence in South India.Final month, Unit Enterprises stated more than two-fold jump in combined net income at Rs 83.72 crore for the June fourth of the current fiscal year.Its own internet revenue stood at Rs 38.53 crore in the year-ago time period.Overall revenue rose to Rs 1,113.44 crore during April-June FY25 coming from Rs 685.43 crore in the corresponding period of the previous year.( Just the heading and also image of this record may possess been actually reworked by the Business Criterion personnel the remainder of the material is actually auto-generated coming from a syndicated feed.) First Released: Sep 03 2024|10:19 AM IST.