.Its market capitalisation at Monday's closing rate stood at greater than Rs 28,000 crore Picture: Bloomberg2 minutes checked out Final Upgraded: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises prepares to increase approximately Rs 1,500 crore through selling equity reveals to institutional investors as aspect of its method to increase organization.The company on September 2 introduced its own Qualified Institutional Positioning (QIP) concern to increase funds.In a regulative submission behind time on Monday, Brigade Enterprises informed that a committee of directors authorized the position of the QIP Issue on Monday.The board additionally approved the floor cost for the QIP concern at Rs 1,164.70 every equity Allotment.The provider's allotment rate finalized 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 taken confirmation from investors to elevate funds with the issue of safeties up to Rs 1,500 crore.Unit Enterprises is one of the leading real property designers in the country along with a substantial visibility in South India.Final month, Brigade Enterprises reported much more than two-fold jump in consolidated net revenue at Rs 83.72 crore for the June quarter of the present .Its own internet earnings stood at Rs 38.53 crore in the year-ago time frame.Total income cheered Rs 1,113.44 crore during the course of April-June FY25 coming from Rs 685.43 crore in the equivalent duration of the previous year.( Simply the title as well as image of this document might possess been actually revamped due to the Company Requirement staff the rest of the web content is auto-generated from a syndicated feed.) Initial Posted: Sep 03 2024|10:19 AM IST.