.Its market capitalisation at Monday’s closing cost remained at more than Rs 28,000 crore Graphic: Bloomberg2 minutes read through Last Improved: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises prepares to increase approximately Rs 1,500 crore by selling equity allotments to institutional capitalists as aspect of its own strategy to extend business.The provider on September 2 introduced its Qualified Institutional Positioning (QIP) problem to raise funds.In a regulatory submitting behind time on Monday, Brigade Enterprises updated that a committee of directors authorized the position of the QIP Issue on Monday.The board additionally authorized the floor rate for the QIP issue at Rs 1,164.70 per equity Share.The business’s reveal cost shut 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 taken confirmation coming from investors to elevate funds with the concern of securities approximately Rs 1,500 crore.Brigade Enterprises is among the leading real estate programmers in the country with a notable visibility in South India.Final month, Brigade Enterprises reported much more than two-fold enter consolidated web revenue at Rs 83.72 crore for the June fourth of the present .Its own web revenue stood at Rs 38.53 crore in the year-ago time period.Total revenue cheered Rs 1,113.44 crore during April-June FY25 coming from Rs 685.43 crore in the matching time period of the previous year.( Just the heading as well as image of this record might possess been revamped due to the Organization Requirement personnel the remainder of the information is auto-generated from a syndicated feed.) 1st Posted: Sep 03 2024|10:19 AM IST.