.Its market capitalisation at Monday's closing rate endured at more than Rs 28,000 crore Image: Bloomberg2 min read through Last Upgraded: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises organizes to raise around Rs 1,500 crore by offering equity allotments to institutional real estate investors as aspect of its technique to increase service.The company on September 2 launched its own Qualified Institutional Positioning (QIP) issue to elevate funds.In a regulative submission behind time on Monday, Unit Enterprises updated that a board of supervisors authorized the opening of the QIP Concern on Monday.The door also authorized the floor price for the QIP problem at Rs 1,164.70 every equity Portion.The business's reveal cost closed at Rs 1,239.80 apiece on the BSE.Its market capitalisation at Monday's closing rate stood at greater than Rs 28,000 crore.In March, Brigade Enterprises had actually taken confirmation from shareholders to elevate funds by means of the problem of safety and securities around Rs 1,500 crore.Unit Enterprises is one of the leading property designers in the country along with a notable existence in South India.Final month, Unit Enterprises reported more than two-fold jump in combined web income at Rs 83.72 crore for the June quarter of the existing .Its own web earnings stood at Rs 38.53 crore in the year-ago duration.Total income cheered Rs 1,113.44 crore during the course of April-June FY25 from Rs 685.43 crore in the corresponding duration of the previous year.( Only the heading and image of this file may have been actually remodelled due to the Service Criterion personnel the remainder of the information is actually auto-generated from a syndicated feed.) 1st Published: Sep 03 2024|10:19 AM IST.