.Its market capitalisation at Monday's closing rate stood at greater than Rs 28,000 crore Image: Bloomberg2 min read Final Improved: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises organizes to elevate as much as Rs 1,500 crore by selling equity shares to institutional real estate investors as aspect of its own tactic to increase organization.The business on September 2 released its own Qualified Institutional Placement (QIP) concern to elevate funds.In a governing submission late on Monday, Brigade Enterprises updated that a committee of supervisors authorized the position of the QIP Problem on Monday.The panel additionally accepted the floor price for the QIP issue at Rs 1,164.70 every equity Share.The company's reveal price closed at Rs 1,239.80 each on the BSE.Its own market capitalisation at Monday's closing rate stood at greater than Rs 28,000 crore.In March, Brigade Enterprises had taken approval from investors to raise funds by means of the concern of protections up to Rs 1,500 crore.Brigade Enterprises is among the leading property designers in the nation with a significant presence in South India.Final month, Brigade Enterprises reported greater than two-fold jump in combined web income at Rs 83.72 crore for the June one-fourth of the present fiscal year.Its own web income stood at Rs 38.53 crore in the year-ago time frame.Total revenue cheered Rs 1,113.44 crore during the course of April-June FY25 from Rs 685.43 crore in the matching duration of the previous year.( Only the headline as well as picture of this record may possess been modified due to the Company Standard workers the rest of the web content is actually auto-generated from a syndicated feed.) Initial Released: Sep 03 2024|10:19 AM IST.