.Its own market capitalisation at Monday's closing price endured at much more than Rs 28,000 crore Image: Bloomberg2 minutes checked out Last Improved: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises considers to elevate as much as Rs 1,500 crore through selling equity allotments to institutional investors as component of its technique to extend service.The provider on September 2 released its own Qualified Institutional Positioning (QIP) issue to raise funds.In a regulatory submitting late on Monday, Unit Enterprises educated that a committee of directors authorised the opening of the QIP Issue on Monday.The board additionally approved the floor rate for the QIP concern at Rs 1,164.70 per equity Allotment.The firm's portion rate closed at Rs 1,239.80 apiece on the BSE.Its market capitalisation at Monday's closing price stood up at much more than Rs 28,000 crore.In March, Unit Enterprises had taken confirmation coming from shareholders to raise funds by means of the issue of protections around Rs 1,500 crore.Unit Enterprises is one of the leading real property developers in the nation with a notable existence in South India.Last month, Unit Enterprises reported greater than two-fold pitch in consolidated internet income at Rs 83.72 crore for the June quarter of the current .Its web profit stood at Rs 38.53 crore in the year-ago duration.Complete profit rose to Rs 1,113.44 crore during the course of April-June FY25 from Rs 685.43 crore in the matching period of the previous year.( Only the title as well as picture of this report might possess been actually revamped by the Service Criterion workers the rest of the content is actually auto-generated from a syndicated feed.) Initial Posted: Sep 03 2024|10:19 AM IST.