.Its own market capitalisation at Monday's closing price stood at much more than Rs 28,000 crore Graphic: Bloomberg2 minutes went through Last Upgraded: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises intends to elevate as much as Rs 1,500 crore by marketing equity reveals to institutional clients as component of its method to expand business.The company on September 2 introduced its own Qualified Institutional Placement (QIP) concern to elevate funds.In a governing submitting late on Monday, Brigade Enterprises updated that a committee of directors authorised the opening of the QIP Issue on Monday.The door additionally approved the flooring price for the QIP problem at Rs 1,164.70 per equity Reveal.The firm's share cost finalized at Rs 1,239.80 apiece 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 approval coming from shareholders to increase funds via the issue of safeties approximately Rs 1,500 crore.Brigade Enterprises is among the leading real property creators in the country along with a considerable existence in South India.Final month, Brigade Enterprises disclosed greater than two-fold enter combined internet revenue at Rs 83.72 crore for the June fourth of the current .Its own net earnings stood at Rs 38.53 crore in the year-ago time period.Complete revenue cheered Rs 1,113.44 crore during April-June FY25 from Rs 685.43 crore in the corresponding duration of the previous year.( Simply the heading as well as image of this file may possess been modified due to the Company Standard workers the remainder of the material is actually auto-generated from a syndicated feed.) Very First Released: Sep 03 2024|10:19 AM IST.