.Its market capitalisation at Monday's closing price stood at more than Rs 28,000 crore Image: Bloomberg2 min read Last Improved: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises considers to increase approximately Rs 1,500 crore through marketing equity portions to institutional capitalists as part of its strategy to grow service.The company on September 2 released its Qualified Institutional Placement (QIP) problem to elevate funds.In a regulatory submitting late on Monday, Brigade Enterprises updated that a committee of supervisors authorized the opening of the QIP Problem on Monday.The door additionally accepted the floor cost for the QIP issue at Rs 1,164.70 every equity Share.The provider's share cost closed at Rs 1,239.80 apiece on the BSE.Its own market capitalisation at Monday's closing rate stood at greater than Rs 28,000 crore.In March, Unit Enterprises had actually taken approval coming from investors to increase funds by means of the concern of surveillances approximately Rs 1,500 crore.Unit Enterprises is one of the leading real estate creators in the nation with a substantial presence in South India.Last month, Brigade Enterprises reported much more than two-fold pitch in combined internet profit at Rs 83.72 crore for the June quarter of the current .Its web income stood at Rs 38.53 crore in the year-ago duration.Complete revenue cheered Rs 1,113.44 crore in the course of April-June FY25 coming from Rs 685.43 crore in the equivalent time frame of the previous year.( Only the headline as well as image of this file may have been revamped by the Business Requirement workers the rest of the material is actually auto-generated coming from a syndicated feed.) Very First Published: Sep 03 2024|10:19 AM IST.