Uncovering The Valuation Of India’s Cricket Unicorn - CSK

Every cricket fan knows about the giant IPL team, Chennai Super Kings. In May 2023, the team won its 5th IPL trophy, increasing its market valuation in the market after Mumbai Indians. CSK is one of IPL’s most valued franchises, which is also doing great in the grey market. With each IPL victory, CSK attracts its fans and investors to invest in CSK unlisted shares. Not only is CSK famous for its IPL performance and unlisted shares, but also this cricket team has become India’s first cricket unicorn. In 2018, the brand value of CSK was $65 million, which helped it become the most significant IPL franchise, according to the Brand Finance Report.

Talking about revenue generation, last year, CSK earned INR 201.65 Cr. from media rights only, which shows the high positive growth of the team, especially from the one source of revenue. In this blog, we will walk you through the market valuation of India’s cricket unicron CSK, which will help you decide whether to invest in its unlisted shares or not.

Let’s get started from scratch.

Synopsis On CSK

Established in 2008, Chennai Super Kings (CSK) is an Indian Premier League (IPL) franchise cricket team based in Tamil Nadu, India. The team is owned by Chennai Super Kings Cricket Limited holding company. Due to some betting cases, the team was suspended from 2015 to 2017 for two years. CSK has won the IPL title five times (in 2010, 2011, 2018, 2021, 2023) and recorded the highest win percentage among all the teams in IPL. In January 2022, CSK became the first unicorn sports enterprise in India. Currently, the team is led or captioned by MS Dhoni. As per the sources, the brand value of CSK in 2022 was Rs. 2,500 cr, making it the most valuable IPL franchise.

The company also organises the Junior Super Kings T20 tournament annually in Chennai. By doing so, they encourage children and provide them with a platform to exhibit their talent. The company is not leaving any stone unturned to grow in the sports industry. This is why potential investors are inclined to buy CSK unlisted shares and expect to earn a high return on their investment in the future.

CSK Heading As India’s First Sports Unicorn

Before the 15th season of IPL, Chennai Super Kings, the favourite IPL cricket team of most people, became India’s first sports unicorn. Today, CSK is the most popular and successful franchise in India. In 2022, this sports franchise surpassed the market validation of its parent company, India Cements, which had a market valuation of INR 6,869 Cr, as opposed to CSK valuation of INR 7,600 Cr. There are two major events that led CSK to be the sports unicorn; first, securing its fourth IPL victory in 2021, and second, two franchises added to the roaster for the upcoming season.

Market Valuation Of CSK

Even when the team made its comeback after two years of suspension, its huge fan following has been a significant indicator of the success of the team. In fact, after winning the 16th season of IPL, CSK, achieved a market valuation of one billion dollars, which might again surpass the valuation of its parent company as well, as per the Business Standard report.

Experts have been describing CSK as a “robust” brand, which is also helping Indian Cement with its branding. N Srinivasan, MD of Indian Cement, gives the credit for the team’s success to captain MS Dhoni, who is the vice president of Indian Cement.

Since this sports unicorn is going great in sports as well as in the grey market, investors look for CSK unlisted share price, which is available at Rs. 179. Investing in CSK pre IPO shares is a great investment opportunity for those who want to diversify their portfolio and earn high ROI. Also, CSK hasn’t filed for its IPO with SEBI, so making early investments in shares ensures a great return on investment.

Are you enchanted by the success of CSK in the IPL? If yes, you will definitely want to invest in its pre-IPO shares. At Stockify, we help investors buy and sell unlisted shares of top pre-IPO companies in India. Our experts will give you information about the company, such as EBITDA, EPS growth, pros and loss statement, etc., to help you with trading. Apart from CSK, you can also invest in different industries like energy, healthcare, solar, finance, retail, etc. To start trading in unlisted shares, speak to our expert brokers today.

FAQs

1. How to buy CSK unlisted shares in India?

Ans. Buying and selling CSK pre-IPO shares is easy with Stockify. Just connect with the expert brokers and start trading.

2. Where to look for CSK unlisted share price?

Ans. You can check for CSK unlisted share price at Stockify. The CSK share price today is Rs. 179, which fluctuates based on market trends and the company’s performance.

3. What is the lock-in period of CSK pre-IPO shares?

Ans. The lock-in period of pre-IPO companies ranges between 6 months and one year. However, the lock-in period of CSK unlisted shares depends upon the type of investor you are.

4. Is investing in CSK pre-IPO shares worth it?

Ans. Yes, investments made in CSK unlisted shares are profitable, especially after winning IPL 2023. You can expect a good ROI.

5. What is the minimum ticket size for investment in CSK unlisted shares?

Ans. The minimum ticket size for CSK pre-IPO shares is between 30k and 50k. The ticket size is dropping as more and more people start investing.