.Its market capitalisation at Monday's closing cost remained at greater than Rs 28,000 crore Photo: Bloomberg2 min checked out Last Updated: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises prepares to increase approximately Rs 1,500 crore by marketing equity portions to institutional financiers as part of its method to extend service.The firm on September 2 introduced its own Qualified Institutional Positioning (QIP) concern to increase funds.In a regulative declaring late on Monday, Brigade Enterprises notified that a committee of directors authorized the position of the QIP Issue on Monday.The panel also authorized the flooring price for the QIP problem at Rs 1,164.70 every equity Share.The business's share rate closed at Rs 1,239.80 apiece on the BSE.Its own market capitalisation at Monday's closing rate stood up at greater than Rs 28,000 crore.In March, Unit Enterprises had actually taken permission from investors to raise funds with the problem of protections around Rs 1,500 crore.Unit Enterprises is just one of the leading real estate designers in the nation along with a notable visibility in South India.Final month, Unit Enterprises disclosed more than two-fold pitch in consolidated web income at Rs 83.72 crore for the June fourth of the current .Its own net profit stood at Rs 38.53 crore in the year-ago time frame.Overall profit cheered Rs 1,113.44 crore throughout April-June FY25 coming from Rs 685.43 crore in the equivalent time frame of the previous year.( Only the headline as well as photo of this document might have been actually reworked by the Service Specification workers the rest of the content is actually auto-generated from a syndicated feed.) Initial Released: Sep 03 2024|10:19 AM IST.