.Its own market capitalisation at Monday's closing price remained at greater than Rs 28,000 crore Graphic: Bloomberg2 min read through Final Improved: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises intends to elevate approximately Rs 1,500 crore by offering equity allotments to institutional financiers as component of its method to grow organization.The company on September 2 released its Qualified Institutional Placement (QIP) problem to increase funds.In a regulative declaring behind time on Monday, Unit Enterprises updated that a committee of directors authorized the opening of the QIP Problem on Monday.The panel additionally accepted the flooring price for the QIP issue at Rs 1,164.70 per equity Allotment.The firm's allotment cost finalized at Rs 1,239.80 each on the BSE.Its market capitalisation at Monday's closing price stood at greater than Rs 28,000 crore.In March, Unit Enterprises had actually taken approval from shareholders to raise funds by means of the concern of securities up to Rs 1,500 crore.Unit Enterprises is just one of the leading real estate creators in the nation with a considerable presence in South India.Last month, Unit Enterprises disclosed more than two-fold enter consolidated web revenue at Rs 83.72 crore for the June quarter of the existing .Its net profit stood at Rs 38.53 crore in the year-ago duration.Complete earnings cheered Rs 1,113.44 crore during the course of April-June FY25 from Rs 685.43 crore in the corresponding duration of the previous year.( Simply the title and also picture of this record may have been actually remodelled due to the Organization Criterion team the rest of the material is actually auto-generated from a syndicated feed.) Initial Posted: Sep 03 2024|10:19 AM IST.