.Its own market capitalisation at Monday's closing rate stood at greater than Rs 28,000 crore Image: Bloomberg2 min read Final Updated: Sep 03 2024|10:19 AM IST.Bengaluru-based Unit Enterprises considers to raise approximately Rs 1,500 crore through selling equity portions to institutional capitalists as aspect of its strategy to grow company.The firm on September 2 released its Qualified Institutional Positioning (QIP) issue to raise funds.In a regulatory submission late on Monday, Brigade Enterprises notified that a committee of supervisors authorized the position of the QIP Problem on Monday.The panel additionally authorized the floor rate for the QIP issue at Rs 1,164.70 per equity Reveal.The provider's allotment price shut at Rs 1,239.80 each on the BSE.Its own market capitalisation at Monday's closing cost stood at much more than Rs 28,000 crore.In March, Brigade Enterprises had actually taken authorization from shareholders to elevate funds via the problem of surveillances as much as Rs 1,500 crore.Brigade Enterprises is one of the leading real estate programmers in the country along with a substantial presence in South India.Final month, Brigade Enterprises reported more than two-fold jump in consolidated net earnings at Rs 83.72 crore for the June fourth of the existing fiscal year.Its net earnings stood at Rs 38.53 crore in the year-ago period.Overall earnings rose to Rs 1,113.44 crore during April-June FY25 coming from Rs 685.43 crore in the equivalent duration of the previous year.( Simply the title and also image of this report may have been actually revamped due to the Business Requirement personnel the remainder of the web content is actually auto-generated coming from a syndicated feed.) Initial Published: Sep 03 2024|10:19 AM IST.