.Its own market capitalisation at Monday's closing cost stood at more than Rs 28,000 crore Photo: Bloomberg2 minutes read through Final Updated: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises organizes to raise approximately Rs 1,500 crore by marketing equity allotments to institutional clients as part of its approach to extend company.The company on September 2 released its Qualified Institutional Positioning (QIP) problem to increase funds.In a regulative filing late on Monday, Brigade Enterprises educated that a board of supervisors authorized the opening of the QIP Issue on Monday.The door likewise approved the flooring price for the QIP issue at Rs 1,164.70 every equity Reveal.The firm's reveal cost shut at Rs 1,239.80 apiece on the BSE.Its market capitalisation at Monday's closing price stood at more than Rs 28,000 crore.In March, Brigade Enterprises had taken permission coming from shareholders to raise funds through the concern of surveillances around Rs 1,500 crore.Brigade Enterprises is among the leading property designers in the nation along with a significant presence in South India.Last month, Brigade Enterprises mentioned much more than two-fold enter consolidated web income at Rs 83.72 crore for the June fourth of the present .Its own internet profit stood up at Rs 38.53 crore in the year-ago duration.Total earnings rose to Rs 1,113.44 crore throughout April-June FY25 from Rs 685.43 crore in the corresponding time frame of the previous year.( Simply the headline and picture of this document might possess been reworked due to the Organization Requirement workers the rest of the content is auto-generated from a syndicated feed.) 1st Published: Sep 03 2024|10:19 AM IST.