.Its market capitalisation at Monday's closing rate remained at more than Rs 28,000 crore Picture: Bloomberg2 min reviewed Final Improved: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises plans to raise around Rs 1,500 crore through marketing equity shares to institutional real estate investors as component of its approach to extend organization.The company on September 2 introduced its Qualified Institutional Positioning (QIP) issue to increase funds.In a regulatory filing late on Monday, Brigade Enterprises updated that a board of supervisors authorized the position of the QIP Issue on Monday.The board additionally accepted the flooring cost for the QIP concern at Rs 1,164.70 every equity Portion.The company's allotment rate finalized at Rs 1,239.80 each on the BSE.Its own market capitalisation at Monday's closing cost stood at more than Rs 28,000 crore.In March, Brigade Enterprises had actually taken confirmation from shareholders to elevate funds by means of the problem of safeties approximately Rs 1,500 crore.Unit Enterprises is one of the leading real estate programmers in the nation with a considerable existence in South India.Last month, Unit Enterprises mentioned more than two-fold pitch in consolidated web revenue at Rs 83.72 crore for the June fourth of the current fiscal year.Its internet revenue stood at Rs 38.53 crore in the year-ago duration.Total income cheered Rs 1,113.44 crore in the course of April-June FY25 coming from Rs 685.43 crore in the equivalent time frame of the previous year.( Just the title and image of this file might have been reworked by the Business Specification team the rest of the information is auto-generated coming from a syndicated feed.) Initial Released: Sep 03 2024|10:19 AM IST.