.Its own market capitalisation at Monday's closing rate stood at greater than Rs 28,000 crore Graphic: Bloomberg2 min went through Final Upgraded: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises considers to raise up to Rs 1,500 crore through offering equity portions to institutional clients as aspect of its strategy to extend organization.The company on September 2 launched its own Qualified Institutional Placement (QIP) concern to elevate funds.In a governing declaring late on Monday, Brigade Enterprises notified that a committee of directors authorised the position of the QIP Concern on Monday.The board also authorized the floor cost for the QIP concern at Rs 1,164.70 every equity Reveal.The provider's allotment price shut at Rs 1,239.80 each on the BSE.Its market capitalisation at Monday's closing rate stood at much more than Rs 28,000 crore.In March, Unit Enterprises had actually taken confirmation coming from investors to raise funds by means of the problem of surveillances approximately Rs 1,500 crore.Unit Enterprises is among the leading realty programmers in the nation with a notable visibility in South India.Last month, Unit Enterprises stated more than two-fold jump in consolidated internet income at Rs 83.72 crore for the June quarter of the present fiscal year.Its internet income stood up at Rs 38.53 crore in the year-ago duration.Total revenue cheered Rs 1,113.44 crore during the course of April-June FY25 coming from Rs 685.43 crore in the matching period of the previous year.( Just the headline and also photo of this file may have been modified due to the Business Requirement team the rest of the content is auto-generated coming from a syndicated feed.) Very First Released: Sep 03 2024|10:19 AM IST.