.Its market capitalisation at Monday's closing price endured at much more 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 through offering equity allotments to institutional capitalists as aspect of its own technique to expand company.The business on September 2 released its own Qualified Institutional Positioning (QIP) concern to elevate funds.In a regulative submitting late on Monday, Unit Enterprises informed that a board of supervisors authorized the opening of the QIP Issue on Monday.The panel likewise authorized the flooring cost for the QIP concern at Rs 1,164.70 every equity Portion.The company's allotment price finalized 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, Unit Enterprises had actually taken confirmation coming from shareholders to raise funds with the concern of safety and securities up to Rs 1,500 crore.Unit Enterprises is just one of the leading property programmers in the country along with a significant presence in South India.Final month, Unit Enterprises reported greater than two-fold jump in combined internet profit at Rs 83.72 crore for the June quarter of the present fiscal year.Its internet earnings stood up at Rs 38.53 crore in the year-ago period.Complete profit rose to Rs 1,113.44 crore during April-June FY25 from Rs 685.43 crore in the corresponding time period of the previous year.( Simply the headline as well as image of this document may have been revamped due to the Organization Specification personnel the rest of the information is auto-generated from a syndicated feed.) Initial Posted: Sep 03 2024|10:19 AM IST.