.Its own market capitalisation at Monday's closing cost endured at greater than Rs 28,000 crore Graphic: Bloomberg2 min read through Last Updated: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises prepares to raise approximately Rs 1,500 crore through offering equity allotments to institutional financiers as part of its own tactic to broaden service.The company on September 2 released its Qualified Institutional Placement (QIP) concern to raise funds.In a governing submission behind time on Monday, Brigade Enterprises notified that a board of directors authorised the opening of the QIP Issue on Monday.The board also accepted the flooring price for the QIP issue at Rs 1,164.70 per equity Portion.The provider's portion rate shut at Rs 1,239.80 each on the BSE.Its own market capitalisation at Monday's closing cost stood up at much more than Rs 28,000 crore.In March, Brigade Enterprises had taken confirmation coming from shareholders to raise funds with the issue of surveillances approximately Rs 1,500 crore.Unit Enterprises is just one of the leading real property developers in the country with a substantial existence in South India.Last month, Unit Enterprises reported more than two-fold pitch in consolidated net profit at Rs 83.72 crore for the June one-fourth of the current .Its web earnings stood at Rs 38.53 crore in the year-ago duration.Complete profit rose to Rs 1,113.44 crore during April-June FY25 coming from Rs 685.43 crore in the matching period of the previous year.( Simply the headline and photo of this document might have been reworked due to the Organization Specification personnel the remainder of the information is actually auto-generated from a syndicated feed.) Very First Posted: Sep 03 2024|10:19 AM IST.