.Its own market capitalisation at Monday's closing cost endured at much more than Rs 28,000 crore Graphic: Bloomberg2 minutes checked out Last Updated: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises plans to increase as much as Rs 1,500 crore by offering equity allotments to institutional real estate investors as portion of its own tactic to increase business.The business on September 2 released its own Qualified Institutional Placement (QIP) concern to elevate funds.In a regulative filing late on Monday, Unit Enterprises informed that a board of supervisors authorised the position of the QIP Issue on Monday.The board additionally authorized the floor price for the QIP problem at Rs 1,164.70 every equity Reveal.The provider's portion cost finalized at Rs 1,239.80 apiece on the BSE.Its market capitalisation at Monday's closing price stood at much more than Rs 28,000 crore.In March, Brigade Enterprises had actually taken permission coming from shareholders to elevate funds through the problem of surveillances around Rs 1,500 crore.Unit Enterprises is just one of the leading realty designers in the nation with a considerable presence in South India.Last month, Brigade Enterprises disclosed much more than two-fold enter combined net profit at Rs 83.72 crore for the June one-fourth of the current fiscal year.Its web earnings stood up at Rs 38.53 crore in the year-ago duration.Total income cheered Rs 1,113.44 crore during April-June FY25 coming from Rs 685.43 crore in the equivalent time period of the previous year.( Simply the title as well as photo of this record may have been remodelled due to the Organization Requirement team the remainder of the material is auto-generated coming from a syndicated feed.) Very First Published: Sep 03 2024|10:19 AM IST.