.Its market capitalisation at Monday's closing cost remained at more than Rs 28,000 crore Photo: Bloomberg2 minutes went through Last Upgraded: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises considers to increase up to Rs 1,500 crore by offering equity allotments to institutional real estate investors as portion of its own tactic to extend company.The firm on September 2 launched its own Qualified Institutional Positioning (QIP) issue to raise funds.In a regulatory filing behind time on Monday, Brigade Enterprises educated that a board of directors authorized the opening of the QIP Problem on Monday.The panel additionally authorized the flooring price for the QIP concern at Rs 1,164.70 every equity Reveal.The company's share rate finalized at Rs 1,239.80 apiece on the BSE.Its own market capitalisation at Monday's closing cost stood up at more than Rs 28,000 crore.In March, Brigade Enterprises had actually taken approval coming from shareholders to increase funds via the concern of securities up to Rs 1,500 crore.Brigade Enterprises is among the leading real estate programmers in the nation along with a notable existence in South India.Final month, Brigade Enterprises reported much more than two-fold enter consolidated net revenue at Rs 83.72 crore for the June one-fourth of the existing .Its own web earnings stood up at Rs 38.53 crore in the year-ago period.Complete revenue cheered Rs 1,113.44 crore throughout April-June FY25 coming from Rs 685.43 crore in the corresponding time frame of the previous year.( Just the title as well as image of this report might have been actually revamped by the Business Criterion personnel the remainder of the material is actually auto-generated coming from a syndicated feed.) Initial Posted: Sep 03 2024|10:19 AM IST.