Cochin International Airport Limited (CIAL) |Growth Plans

The busiest and largest airport in Kerala, Cochin International Airport Limited (CIAL), has been in the spotlight for its unprecedented development. Working on the PPP model, the company’s major investor is the Government of Kerala, having a share of 32.04%, with the Hon. Chief Minister of Kerala being the company’s chairman. The company has shown good progress in its financial reports and distinctive operations. The futuristic growth plans of the company have been attracting investors worldwide to invest in CIAL unlisted shares to benefit from its growth. But before you start your investment journey, it is necessary to look at the company’s financial performance and future growth potential.

About Cochin International Airport Limited

The Cochin International Airport was inaugurated on the 25th of May 1999 and has become the largest airport in Kerala, catering to 61.8% of the total air passenger movement in Kerala. Cochin International Airport Limited has three passenger terminals, out of which one is reserved for business jets, which makes it India's first chartered gateway. CIAL also has five subsidiary companies, namely:

• Cochin International Aviation Services Limited (CIASL),
• Air Kerala International Services Limited (AKISL),
• CIAL Infrastructures Limited (CIAL INFRA),
• CIAL Duty-Free and Retail Services Limited (CDRSL),
• Kerala Waterways and Infrastructures Limited (KWIL).

CIAL has been marching on the growth journey and making worthwhile additions to the aviation sector. The advancements made by CIAL have been improving the financial status of the company as well as the returns that it generates for investors. Let us look at the strategies and developments that led to the company’s financial growth and a positive outlook for CIAL unlisted shares.

Towards Growth And Development

CIAL is one of India’s most renowned and well-built airports, catering to a significant share of air traffic in the country. This is one of many reasons that make CIAL mention worthy. The company has taken up some distinct growth steps contributing to the airport’s development and the aviation sector. Let us look at the distinct growth strategies adopted by CIAL.

CIAL has become India’s first airport to run on Public-Private Partnership. According to this model, the government of Kerala owns the largest share of 33.36%, followed by an 8.74% stake in the companies running under GoI. Commercial banks, foreign companies, and private investors hold other shares.

CIAL has engraved its name in the aviation industry by being the world’s first airport fully powered by solar energy. The journey towards sustainability did not end here. The airport ventured into creating a sustainable airport and incorporated hydropower systems. CIAL has also been awarded the Airport Service Quality (ASQ) Award 2022, the highest recognition in the aviation sector for successfully implementing “Mission Safeguard” amidst the highly uncertain pandemic times.

The list of advancements and developments that CIAL has earned throughout its tenure is neverending. Apart from being a revolutionary arm in the aviation sector, the airport has also done an exemplary task in managing air traffic and taking future-ready steps to grow. CIAL has earned various recognitions for its efforts in the aviation sector, including:

• Champion of the Earth Award 2018. (the highest environmental honour instituted by the United Nations)
• State Pollution Control Board Excellence Award
• Energy Management Centre Award
• CAPA ( India) Chairman’s Order of Merit (for outstanding airport performance in Indian aviation in FY 2016)

These are just a few meticulous awards from the extensive list of awards the airport received. Such initiatives and new developments by CIAL have also made its unlisted share attractive to investors. You can also buy unlisted shares to generate returns from the company’s growth.

Has The Growth Affected CIAL Unlisted Shares?

Even though CIAL tried its best to make worthwhile advancements in its operations and functionality, the effect of these developments on the CIAL unlisted shares has been unseen. The unlisted shares have not been performing well in the grey market. The CIAL unlisted share price today is Rs. 170, which once reached an all-time high of Rs. 205. CIAL unlisted shares might not be in the best position for now, but at this lightening growth speed, the recovery in the unlisted share market is anticipated. If you want to bet on CIAL unlisted shares, Stockify can be your best resort. With well-researched indicators and share prices, the best stock broking platform to trade unlisted shares offers expert advice. So be it a seasoned trainer or a beginner, Stockify can fulfil all your needs related to unlisted share trading.

Frequently Asked Questions

Q1. What is the current share price of CIAL unlisted shares?

The current CIAL unlisted share price is Rs. 160. Unlisted share prices are subject to market fluctuations and can fluctuate. To get the updated price of unlisted shares, visit Stockify.

Q2. Where can I buy Cochin International Airport Ltd. unlisted shares?

Unlisted shares are available on online stock broking platforms. Stockify is the best online stock broking platform to buy and sell CIAL unlisted shares.

Q3. Is CIAL listed on the stock market?

No, CIAL is not yet listed on the stock exchange. To buy CIAL shares, you can visit Stockify and buy the company’s unlisted shares.

Q4. How to buy Cochin International Airport Limited unlisted shares?

Buying and selling CIAL unlisted shares is simple with Stokcify. You have to log in, select the share, complete the KYC and payment, and the unlisted share will be transferred to your account.

Q5. Is it legal to buy unlisted shares in India?

Yes, it is legal to buy and sell unlisted shares in India. There are various stock broking platforms available in India. Stockify is one such platform that can be used to buy and sell unlisted shares.