.Its own market capitalisation at Monday's closing cost stood at more than Rs 28,000 crore Image: Bloomberg2 minutes checked out Last Improved: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises plans to increase as much as Rs 1,500 crore through offering equity portions to institutional clients as aspect of its own method to broaden company.The provider on September 2 launched its own Qualified Institutional Positioning (QIP) problem to raise funds.In a regulative submitting late on Monday, Brigade Enterprises notified that a board of supervisors authorized the position of the QIP Problem on Monday.The door also accepted the floor price for the QIP concern at Rs 1,164.70 per equity Allotment.The business's portion rate finalized at Rs 1,239.80 apiece on the BSE.Its own market capitalisation at Monday's closing price stood up at greater than Rs 28,000 crore.In March, Brigade Enterprises had taken permission from shareholders to elevate funds by means of the concern of surveillances approximately Rs 1,500 crore.Brigade Enterprises is just one of the leading property programmers in the country along with a notable visibility in South India.Last month, Unit Enterprises disclosed much more than two-fold pitch in consolidated internet profit at Rs 83.72 crore for the June fourth of the current fiscal year.Its own internet income stood up at Rs 38.53 crore in the year-ago time frame.Total income 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.( Only the headline and also image of this report may possess been reworked by the Organization Requirement team the rest of the information is auto-generated from a syndicated feed.) First Published: Sep 03 2024|10:19 AM IST.