.Its market capitalisation at Monday's closing price endured at much more than Rs 28,000 crore Photo: Bloomberg2 min read Final Updated: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises considers to raise approximately Rs 1,500 crore by offering equity shares to institutional clients as part of its own strategy to expand organization.The business on September 2 launched its Qualified Institutional Positioning (QIP) problem to increase funds.In a governing submission late on Monday, Brigade Enterprises updated that a board of directors authorised the opening of the QIP Issue on Monday.The panel also authorized the floor price for the QIP concern at Rs 1,164.70 per equity Reveal.The business's share price closed at Rs 1,239.80 apiece on the BSE.Its market capitalisation at Monday's closing price stood at more than Rs 28,000 crore.In March, Unit Enterprises had taken authorization from investors to increase funds with the concern of securities approximately Rs 1,500 crore.Unit Enterprises is just one of the leading property creators in the nation along with a considerable visibility in South India.Final month, Brigade Enterprises mentioned greater than two-fold enter consolidated web income at Rs 83.72 crore for the June quarter of the current fiscal year.Its internet earnings stood at Rs 38.53 crore in the year-ago duration.Complete revenue rose to Rs 1,113.44 crore in the course of April-June FY25 coming from Rs 685.43 crore in the matching time period of the previous year.( Only the title and also photo of this record might have been reworked due to the Company Requirement team the rest of the material is actually auto-generated coming from a syndicated feed.) First Released: Sep 03 2024|10:19 AM IST.