.Its market capitalisation at Monday's closing cost remained at much more than Rs 28,000 crore Photo: Bloomberg2 min read through Final Upgraded: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises organizes to raise around Rs 1,500 crore by marketing equity shares to institutional entrepreneurs as part of its own method to grow service.The company on September 2 released its own Qualified Institutional Positioning (QIP) concern to raise funds.In a regulative declaring behind time on Monday, Unit Enterprises informed that a committee of supervisors authorised the position of the QIP Problem on Monday.The board also accepted the flooring rate for the QIP concern at Rs 1,164.70 per equity Allotment.The company's reveal cost finalized at Rs 1,239.80 each on the BSE.Its own market capitalisation at Monday's closing cost stood at more than Rs 28,000 crore.In March, Brigade Enterprises had taken confirmation coming from shareholders to elevate funds with the problem of protections as much as Rs 1,500 crore.Brigade Enterprises is just one of the leading real estate developers in the nation with a notable existence in South India.Final month, Unit Enterprises disclosed greater than two-fold pitch in consolidated net earnings at Rs 83.72 crore for the June one-fourth of the current fiscal year.Its own internet profit stood at Rs 38.53 crore in the year-ago time period.Total revenue cheered Rs 1,113.44 crore throughout April-June FY25 coming from Rs 685.43 crore in the equivalent time period of the previous year.( Merely the title and picture of this report might have been actually remodelled by the Business Criterion personnel the rest of the web content is auto-generated coming from a syndicated feed.) First Released: Sep 03 2024|10:19 AM IST.