.Its market capitalisation at Monday's closing rate remained at more than Rs 28,000 crore Graphic: Bloomberg2 minutes read through Final Upgraded: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises organizes to raise as much as Rs 1,500 crore through offering equity portions to institutional investors as portion of its own method to expand organization.The provider on September 2 released its Qualified Institutional Placement (QIP) issue to raise funds.In a governing submitting behind time on Monday, Brigade Enterprises informed that a board of supervisors authorized the opening of the QIP Issue on Monday.The board also authorized the flooring price for the QIP problem at Rs 1,164.70 every equity Portion.The firm's reveal cost shut 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, Brigade Enterprises had actually taken authorization coming from shareholders to increase funds with the concern of surveillances up to Rs 1,500 crore.Brigade Enterprises is just one of the leading realty creators in the country with a substantial presence in South India.Last month, Unit Enterprises reported more than two-fold jump in combined internet revenue at Rs 83.72 crore for the June quarter of the current .Its net revenue stood at Rs 38.53 crore in the year-ago period.Total revenue cheered Rs 1,113.44 crore during the course of April-June FY25 coming from Rs 685.43 crore in the matching time period of the previous year.( Simply the headline and photo of this document might possess been actually reworked by the Business Standard personnel the rest of the web content is auto-generated coming from a syndicated feed.) Initial Posted: Sep 03 2024|10:19 AM IST.