.Its own market capitalisation at Monday's closing rate remained at much more than Rs 28,000 crore Picture: Bloomberg2 min checked out Last Upgraded: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises considers to raise as much as Rs 1,500 crore by selling equity allotments to institutional clients as portion of its own strategy to broaden service.The company on September 2 launched its Qualified Institutional Placement (QIP) problem to increase funds.In a regulative filing behind time on Monday, Unit Enterprises informed that a board of supervisors authorized the opening of the QIP Concern on Monday.The board additionally permitted the floor price for the QIP concern at Rs 1,164.70 every equity Allotment.The provider's reveal cost shut at Rs 1,239.80 apiece on the BSE.Its own market capitalisation at Monday's closing rate stood at more than Rs 28,000 crore.In March, Unit Enterprises had taken approval from investors to increase funds via the problem of safety and securities as much as Rs 1,500 crore.Unit Enterprises is just one of the leading real estate developers in the nation along with a substantial presence in South India.Final month, Brigade Enterprises disclosed more than two-fold jump in consolidated internet revenue at Rs 83.72 crore for the June fourth of the present .Its own web revenue stood up at Rs 38.53 crore in the year-ago time frame.Complete income cheered Rs 1,113.44 crore throughout April-June FY25 from Rs 685.43 crore in the equivalent time period of the previous year.( Just the title and photo of this report may have been remodelled by the Service Specification team the remainder of the material is auto-generated coming from a syndicated feed.) Very First Published: Sep 03 2024|10:19 AM IST.