.Its market capitalisation at Monday's closing price stood at greater than Rs 28,000 crore Graphic: Bloomberg2 min read Final Updated: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises considers to raise up to Rs 1,500 crore by selling equity allotments to institutional entrepreneurs as component of its approach to broaden company.The provider on September 2 launched its Qualified Institutional Placement (QIP) concern to increase funds.In a regulative declaring late on Monday, Brigade Enterprises informed that a committee of supervisors authorised the position of the QIP Concern on Monday.The panel likewise authorized the flooring price for the QIP concern at Rs 1,164.70 every equity Reveal.The firm's allotment price closed at Rs 1,239.80 each on the BSE.Its own market capitalisation at Monday's closing price stood up at much more than Rs 28,000 crore.In March, Brigade Enterprises had taken confirmation from shareholders to increase funds with the issue of safety and securities around Rs 1,500 crore.Unit Enterprises is just one of the leading real property designers in the nation with a considerable visibility in South India.Final month, Unit Enterprises reported more than two-fold pitch in consolidated net profit at Rs 83.72 crore for the June quarter of the existing fiscal year.Its own net earnings stood at Rs 38.53 crore in the year-ago period.Total revenue cheered Rs 1,113.44 crore throughout April-June FY25 from Rs 685.43 crore in the corresponding time period of the previous year.( Just the heading and also photo of this file might possess been modified due to the Company Requirement personnel the rest of the information is auto-generated from a syndicated feed.) Very First Published: Sep 03 2024|10:19 AM IST.