.Its market capitalisation at Monday's closing cost endured at greater than Rs 28,000 crore Image: Bloomberg2 min went through Final Upgraded: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises organizes to increase as much as Rs 1,500 crore by marketing equity portions to institutional financiers as component of its method to expand company.The provider on September 2 introduced its own Qualified Institutional Placement (QIP) concern to elevate funds.In a regulative submitting late on Monday, Brigade Enterprises informed that a board of directors authorised the position of the QIP Issue on Monday.The board likewise authorized the floor price for the QIP issue at Rs 1,164.70 every equity Share.The business's share price shut at Rs 1,239.80 apiece on the BSE.Its market capitalisation at Monday's closing rate stood at greater than Rs 28,000 crore.In March, Brigade Enterprises had taken approval coming from investors to elevate funds by means of the concern of protections as much as Rs 1,500 crore.Brigade Enterprises is among the leading realty programmers in the country along with a notable existence in South India.Last month, Unit Enterprises disclosed much more than two-fold jump in consolidated net earnings at Rs 83.72 crore for the June fourth of the present .Its own net income stood up at Rs 38.53 crore in the year-ago time period.Overall revenue rose to Rs 1,113.44 crore throughout April-June FY25 coming from Rs 685.43 crore in the matching duration of the previous year.( Merely the heading as well as picture of this record might have been actually reworked by the Company Requirement personnel the rest of the material is actually auto-generated coming from a syndicated feed.) First Posted: Sep 03 2024|10:19 AM IST.