.Its market capitalisation at Monday's closing price endured at greater than Rs 28,000 crore Image: Bloomberg2 min read Last Upgraded: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises intends to raise around Rs 1,500 crore by marketing equity shares to institutional capitalists as component of its own approach to increase business.The firm on September 2 released its Qualified Institutional Positioning (QIP) concern to raise funds.In a regulative submission late on Monday, Unit Enterprises updated that a board of directors authorized the position of the QIP Concern on Monday.The panel likewise accepted the floor cost for the QIP problem at Rs 1,164.70 every equity Share.The provider's allotment cost shut at Rs 1,239.80 each on the BSE.Its market capitalisation at Monday's closing cost stood up at more than Rs 28,000 crore.In March, Brigade Enterprises had taken permission from investors to increase funds via the problem of safeties around Rs 1,500 crore.Brigade Enterprises is one of the leading real property programmers in the country along with a considerable visibility in South India.Final month, Brigade Enterprises mentioned greater than two-fold jump in combined internet earnings at Rs 83.72 crore for the June quarter of the current .Its own internet income stood up at Rs 38.53 crore in the year-ago duration.Total profit cheered Rs 1,113.44 crore throughout April-June FY25 from Rs 685.43 crore in the equivalent time frame of the previous year.( Simply the title and image of this file might possess been remodelled by the Business Requirement personnel the rest of the material is actually auto-generated coming from a syndicated feed.) 1st Posted: Sep 03 2024|10:19 AM IST.