.Its own market capitalisation at Monday's closing rate endured at much more than Rs 28,000 crore Graphic: Bloomberg2 min went through Last Improved: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises prepares to elevate approximately Rs 1,500 crore by selling equity portions to institutional capitalists as part of its method to expand business.The business on September 2 introduced its own Qualified Institutional Positioning (QIP) issue to increase funds.In a governing filing late on Monday, Brigade Enterprises informed that a board of directors authorised the position of the QIP Problem on Monday.The panel also approved the floor rate for the QIP problem at Rs 1,164.70 every equity Reveal.The company's portion price shut at Rs 1,239.80 apiece on the BSE.Its market capitalisation at Monday's closing rate stood at more than Rs 28,000 crore.In March, Brigade Enterprises had taken permission from investors to increase funds through the issue of safety and securities as much as Rs 1,500 crore.Brigade Enterprises is one of the leading property designers in the nation along with a substantial visibility in South India.Final month, Brigade Enterprises mentioned much more than two-fold enter combined internet revenue at Rs 83.72 crore for the June one-fourth of the existing fiscal year.Its web income stood up at Rs 38.53 crore in the year-ago duration.Overall revenue cheered Rs 1,113.44 crore throughout April-June FY25 from Rs 685.43 crore in the matching time frame of the previous year.( Simply the headline and photo of this report may have been remodelled due to the Business Standard team the rest of the content is auto-generated from a syndicated feed.) 1st Posted: Sep 03 2024|10:19 AM IST.