.Its own market capitalisation at Monday's closing price endured at much more than Rs 28,000 crore Graphic: Bloomberg2 min read Final Updated: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises considers to increase up to Rs 1,500 crore by selling equity portions to institutional capitalists as portion of its approach to grow business.The provider on September 2 introduced its own Qualified Institutional Placement (QIP) problem to raise funds.In a regulatory submitting late on Monday, Brigade Enterprises notified that a committee of supervisors authorized the opening of the QIP Issue on Monday.The board likewise accepted the flooring rate for the QIP problem at Rs 1,164.70 every equity Reveal.The company's share rate closed at Rs 1,239.80 each on the BSE.Its market capitalisation at Monday's closing price stood up at much more than Rs 28,000 crore.In March, Brigade Enterprises had taken approval coming from shareholders to increase funds via the problem of safety and securities around Rs 1,500 crore.Brigade Enterprises is just one of the leading property developers in the nation with a notable presence in South India.Last month, Unit Enterprises mentioned much more than two-fold jump in consolidated internet income at Rs 83.72 crore for the June fourth of the current .Its internet income stood at Rs 38.53 crore in the year-ago period.Total earnings cheered Rs 1,113.44 crore during April-June FY25 coming from Rs 685.43 crore in the equivalent time frame of the previous year.( Only the headline as well as picture of this record may possess been actually remodelled due to the Service Criterion team the rest of the content is actually auto-generated coming from a syndicated feed.) Initial Published: Sep 03 2024|10:19 AM IST.