.Its own market capitalisation at Monday's closing rate stood at greater than Rs 28,000 crore Picture: Bloomberg2 minutes read through Last Upgraded: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises prepares to raise around Rs 1,500 crore by offering equity allotments to institutional financiers as portion of its own method to expand company.The company on September 2 released its own Qualified Institutional Positioning (QIP) problem to increase funds.In a governing declaring late on Monday, Brigade Enterprises notified that a committee of directors authorised the opening of the QIP Concern on Monday.The board additionally accepted the flooring rate for the QIP issue at Rs 1,164.70 every equity Reveal.The provider's portion rate closed at Rs 1,239.80 apiece on the BSE.Its own market capitalisation at Monday's closing rate stood up at more than Rs 28,000 crore.In March, Brigade Enterprises had taken permission from shareholders to elevate funds through the issue of surveillances around Rs 1,500 crore.Unit Enterprises is among the leading real estate developers in the country along with a significant presence in South India.Final month, Unit Enterprises disclosed greater than two-fold pitch in combined internet earnings at Rs 83.72 crore for the June fourth of the present .Its own web profit stood at Rs 38.53 crore in the year-ago period.Complete earnings rose to Rs 1,113.44 crore during April-June FY25 coming from Rs 685.43 crore in the equivalent duration of the previous year.( Just the heading and also image of this report may have been reworked due to the Organization Specification workers the remainder of the material is auto-generated coming from a syndicated feed.) First Released: Sep 03 2024|10:19 AM IST.