.Its market capitalisation at Monday's closing price remained at greater than Rs 28,000 crore Picture: Bloomberg2 minutes read Final Improved: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises plans to elevate as much as Rs 1,500 crore by offering equity allotments to institutional investors as portion of its technique to grow service.The provider on September 2 introduced its Qualified Institutional Positioning (QIP) concern to increase funds.In a governing submitting late on Monday, Unit Enterprises informed that a committee of supervisors authorized the position of the QIP Issue on Monday.The door likewise approved the floor price for the QIP concern at Rs 1,164.70 per equity Portion.The provider's allotment price finalized at Rs 1,239.80 apiece on the BSE.Its market capitalisation at Monday's closing cost stood up at much more than Rs 28,000 crore.In March, Brigade Enterprises had taken permission coming from shareholders to increase funds with the problem of securities approximately Rs 1,500 crore.Brigade Enterprises is among the leading real property programmers in the nation with a substantial visibility in South India.Last month, Brigade Enterprises stated more than two-fold enter combined net revenue at Rs 83.72 crore for the June fourth of the current .Its internet profit stood 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 equivalent duration of the previous year.( Only the title and picture of this report might have been remodelled by the Company Criterion personnel the rest of the information is auto-generated coming from a syndicated feed.) Very First Posted: Sep 03 2024|10:19 AM IST.