.Its market capitalisation at Monday's closing price stood at more than Rs 28,000 crore Image: Bloomberg2 min read Final Upgraded: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises plans to raise as much as Rs 1,500 crore through marketing equity reveals to institutional capitalists as aspect of its own method to grow organization.The firm on September 2 released its Qualified Institutional Positioning (QIP) problem to elevate funds.In a regulatory submission late on Monday, Unit Enterprises notified that a board of directors authorised the position of the QIP Issue on Monday.The panel also accepted the flooring cost for the QIP problem at Rs 1,164.70 per equity Share.The firm's reveal price finalized at Rs 1,239.80 each on the BSE.Its own market capitalisation at Monday's closing price stood at much more than Rs 28,000 crore.In March, Brigade Enterprises had taken permission coming from shareholders to raise funds by means of the problem of securities around Rs 1,500 crore.Brigade Enterprises is one of the leading realty developers in the country with a notable presence in South India.Last month, Unit Enterprises mentioned much more than two-fold pitch in consolidated internet earnings at Rs 83.72 crore for the June fourth of the present .Its own net revenue stood up at Rs 38.53 crore in the year-ago time frame.Overall revenue cheered Rs 1,113.44 crore during April-June FY25 coming from Rs 685.43 crore in the matching duration of the previous year.( Only the headline and image of this file may have been remodelled due to the Company Criterion personnel the remainder of the content is auto-generated from a syndicated feed.) Initial Released: Sep 03 2024|10:19 AM IST.