.Its market capitalisation at Monday's closing cost remained at much more than Rs 28,000 crore Photo: Bloomberg2 min read through Last Improved: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises prepares to raise up to Rs 1,500 crore by selling equity shares to institutional investors as component of its method to extend business.The firm on September 2 released its own Qualified Institutional Placement (QIP) problem to elevate funds.In a regulatory filing late on Monday, Brigade Enterprises educated that a committee of supervisors authorised the position of the QIP Problem on Monday.The door additionally authorized the flooring cost for the QIP concern at Rs 1,164.70 every equity Share.The company's allotment cost shut at Rs 1,239.80 apiece 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 actually taken approval coming from shareholders to increase funds via the concern of safeties approximately Rs 1,500 crore.Unit Enterprises is among the leading real property designers in the nation with a considerable presence in South India.Final month, Unit Enterprises disclosed greater than two-fold enter consolidated net earnings at Rs 83.72 crore for the June quarter of the current fiscal year.Its own net revenue stood at Rs 38.53 crore in the year-ago time frame.Overall earnings rose to Rs 1,113.44 crore throughout April-June FY25 from Rs 685.43 crore in the equivalent time frame of the previous year.( Just the title and also photo of this record may possess been reworked by the Company Standard workers the remainder of the material is actually auto-generated coming from a syndicated feed.) Very First Released: Sep 03 2024|10:19 AM IST.