.Its own market capitalisation at Monday's closing cost stood at greater than Rs 28,000 crore Picture: Bloomberg2 min reviewed Final Updated: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises organizes to raise around Rs 1,500 crore by marketing equity allotments to institutional entrepreneurs as part of its approach to extend service.The provider on September 2 introduced its own Qualified Institutional Placement (QIP) issue to elevate funds.In a governing submission late on Monday, Brigade Enterprises updated that a committee of supervisors authorised the opening of the QIP Problem on Monday.The panel additionally approved the flooring price for the QIP problem at Rs 1,164.70 every equity Reveal.The business's portion rate closed at Rs 1,239.80 each on the BSE.Its market capitalisation at Monday's closing rate stood up at greater than Rs 28,000 crore.In March, Unit Enterprises had actually taken authorization from investors to elevate funds with the problem of securities approximately Rs 1,500 crore.Brigade Enterprises is one of the leading realty designers in the country along with a substantial existence in South India.Last month, Brigade Enterprises disclosed more than two-fold pitch in combined internet earnings at Rs 83.72 crore for the June one-fourth of the existing fiscal year.Its own web profit stood up at Rs 38.53 crore in the year-ago duration.Complete earnings 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.( Merely the title and also picture of this record might have been actually reworked due to the Service Requirement personnel the rest of the content is auto-generated coming from a syndicated feed.) Very First Released: Sep 03 2024|10:19 AM IST.