.Its own market capitalisation at Monday's closing cost endured at greater than Rs 28,000 crore Image: Bloomberg2 minutes read Final Upgraded: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises plans to elevate as much as Rs 1,500 crore by selling equity shares to institutional entrepreneurs as part of its own tactic to increase business.The firm on September 2 launched its own Qualified Institutional Positioning (QIP) concern to increase funds.In a regulative declaring behind time on Monday, Unit Enterprises updated that a committee of supervisors authorised the opening of the QIP Problem on Monday.The door additionally approved the flooring rate for the QIP problem at Rs 1,164.70 every equity Reveal.The provider's share price shut at Rs 1,239.80 apiece on the BSE.Its own market capitalisation at Monday's closing price stood up at more than Rs 28,000 crore.In March, Brigade Enterprises had actually taken confirmation from shareholders to elevate funds with the concern of surveillances up to Rs 1,500 crore.Brigade Enterprises is just one of the leading real property designers in the nation with a notable visibility in South India.Final month, Brigade Enterprises stated more than two-fold pitch in consolidated internet earnings at Rs 83.72 crore for the June quarter of the existing .Its own internet earnings stood up at Rs 38.53 crore in the year-ago time period.Total earnings cheered Rs 1,113.44 crore during the course of April-June FY25 from Rs 685.43 crore in the matching duration of the previous year.( Simply the title and photo of this record might possess been revamped by the Organization Standard workers the remainder of the web content is actually auto-generated from a syndicated feed.) Very First Released: Sep 03 2024|10:19 AM IST.