.Its market capitalisation at Monday's closing price stood at greater than Rs 28,000 crore Picture: Bloomberg2 min went through Final Upgraded: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises organizes to raise around Rs 1,500 crore by marketing equity shares to institutional entrepreneurs as component of its own method to expand company.The business on September 2 introduced its own Qualified Institutional Positioning (QIP) issue to raise funds.In a governing submission late on Monday, Unit Enterprises educated that a board of supervisors authorised the opening of the QIP Problem on Monday.The panel additionally accepted the flooring price for the QIP problem at Rs 1,164.70 per equity Portion.The provider's reveal price shut at Rs 1,239.80 apiece on the BSE.Its own market capitalisation at Monday's closing rate stood at much more than Rs 28,000 crore.In March, Unit Enterprises had taken authorization from shareholders to elevate funds with the issue of securities around Rs 1,500 crore.Unit Enterprises is one of the leading real property developers in the country along with a notable visibility in South India.Final month, Unit Enterprises disclosed more than two-fold pitch in combined web revenue at Rs 83.72 crore for the June quarter of the existing fiscal year.Its own net earnings stood at Rs 38.53 crore in the year-ago time period.Overall earnings cheered Rs 1,113.44 crore in the course of April-June FY25 coming from Rs 685.43 crore in the equivalent time period of the previous year.( Just the title as well as photo of this record might have been actually modified due to the Service Specification personnel the remainder of the material is auto-generated from a syndicated feed.) 1st Posted: Sep 03 2024|10:19 AM IST.