.Its own market capitalisation at Monday’s closing cost stood at much more than Rs 28,000 crore Graphic: Bloomberg2 min went through Final Upgraded: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises considers to raise up to Rs 1,500 crore through offering equity portions to institutional real estate investors as aspect of its technique to increase company.The provider on September 2 launched its own Qualified Institutional Positioning (QIP) concern to increase funds.In a regulatory submission behind time on Monday, Brigade Enterprises notified that a committee of directors authorized the position of the QIP Issue on Monday.The door likewise authorized the flooring cost for the QIP problem at Rs 1,164.70 per equity Reveal.The business’s share cost finalized at Rs 1,239.80 each on the BSE.Its own market capitalisation at Monday’s closing rate stood up at greater than Rs 28,000 crore.In March, Brigade Enterprises had taken permission coming from investors to raise funds by means of the problem of safety and securities as much as Rs 1,500 crore.Unit Enterprises is among the leading property developers in the nation along with a substantial visibility in South India.Final month, Unit Enterprises mentioned greater than two-fold jump in combined net profit at Rs 83.72 crore for the June fourth of the existing .Its own internet profit stood at Rs 38.53 crore in the year-ago duration.Complete profit cheered Rs 1,113.44 crore during April-June FY25 from Rs 685.43 crore in the corresponding period of the previous year.( Merely the title and also photo of this document may possess been actually revamped by the Service Criterion workers the remainder of the material is actually auto-generated from a syndicated feed.) Very First Posted: Sep 03 2024|10:19 AM IST.