.Its market capitalisation at Monday's closing price endured at much more than Rs 28,000 crore Picture: Bloomberg2 min read Final Updated: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises prepares to increase around Rs 1,500 crore by marketing equity allotments to institutional clients as part of its technique to grow business.The firm on September 2 launched its own Qualified Institutional Positioning (QIP) issue to raise funds.In a governing declaring behind time on Monday, Unit Enterprises educated that a committee of supervisors authorized the opening of the QIP Issue on Monday.The board likewise permitted the flooring rate for the QIP problem at Rs 1,164.70 every equity Portion.The company's share rate finalized at Rs 1,239.80 apiece on the BSE.Its market capitalisation at Monday's closing rate stood up at more than Rs 28,000 crore.In March, Unit Enterprises had taken authorization coming from shareholders to increase funds via the problem of safety and securities up to Rs 1,500 crore.Brigade Enterprises is just one of the leading realty designers in the nation with a considerable presence in South India.Last month, Brigade Enterprises mentioned more than two-fold pitch in combined internet revenue at Rs 83.72 crore for the June one-fourth of the current .Its own web income stood at Rs 38.53 crore in the year-ago time frame.Complete earnings rose to 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 headline and photo of this document might have been actually revamped due to the Service Standard personnel the rest of the material is auto-generated from a syndicated feed.) Initial Posted: Sep 03 2024|10:19 AM IST.