.Its own market capitalisation at Monday's closing rate endured at more than Rs 28,000 crore Photo: Bloomberg2 minutes went through Last Upgraded: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises considers to increase approximately Rs 1,500 crore by marketing equity allotments to institutional real estate investors as aspect of its own method to expand company.The company on September 2 launched its own Qualified Institutional Positioning (QIP) problem to increase funds.In a regulatory submission behind time on Monday, Brigade Enterprises informed that a board of directors authorised the position of the QIP Concern on Monday.The door likewise approved the floor price for the QIP problem at Rs 1,164.70 per equity Portion.The company's portion cost closed at Rs 1,239.80 each on the BSE.Its market capitalisation at Monday's closing price stood up at much more than Rs 28,000 crore.In March, Brigade Enterprises had taken confirmation from investors to raise funds by means of the issue of safety and securities around Rs 1,500 crore.Brigade Enterprises is one of the leading real property programmers in the country with a notable existence in South India.Last month, Brigade Enterprises stated much more than two-fold enter consolidated net revenue at Rs 83.72 crore for the June quarter of the existing .Its own web income stood at Rs 38.53 crore in the year-ago duration.Overall profit cheered Rs 1,113.44 crore during April-June FY25 coming from Rs 685.43 crore in the corresponding period of the previous year.( Only the heading and photo of this record might have been revamped due to the Service Criterion personnel the rest of the content is actually auto-generated coming from a syndicated feed.) Initial Published: Sep 03 2024|10:19 AM IST.