* Ratio is calculated based on latest financial & current share price.
(All Amount in INR Millions)
(All Amount in INR Millions)
(All Amount in INR Millions)
Established in 2008, Chennai Super Kings is an Indian Premier League (IPL) cricket team based in Tamil Nadu. It is one of the successful IPL cricket teams, which recently won its 5th trophy of the 16th edition of the IPL. With a successful track record, CSK is the only team qualifying for the playoffs for the 10th consecutive time.
The team is owned by India Cements and is considered a non-govt company with a share capital of Rs. 31,316,000 and paid-up capital of Rs. 30, 815, 308. According to the Report of Forbes, CSK’s brand value 2022 was estimated to be $1.15 billion, making it the most valuable franchise in the IPL.
Over the years, CSK’s performance has remained exceptional on the ground, which benefits the company in market valuation. It is the only IPL cricket franchise offering unlisted shares for trading, and the company attracts many potential investors to buy unlisted shares to reap ROI benefits.
As of the latest data shared by The Hindu BusinessLine, CSK’s standalone brand value in 2023 was $3.2 billion, which increased by 80% from $1.8 billion in 2022. Various online sources also suggest that CSKCL plans to set up cricket academies and performance centers in Chennai, for which the company also raised funds.
American Investment Banker Holian Lokey valued IPL’s business at USD 16.4 Million(approx. 1,34,858 crores), a 6.5% increase from the previous year. Among all the IPL Franchises, chennai super kings cricket ltd was valued at $231 Million, growing by 9% year on year.
Thus, csk franchise value has kept its number one tag. For FY 22-23, the franchise reported a 65% increase in Profit After Tax(PAT) at 52.2 crore, as against 31.5 crore in FY 21-22. All this positively affects the market price of csk share.
It is clear that CSK share price, which also depends on the company’s performance, is expected to grow in the future.
Based on the fresh data, the unlisted share of CSK was Rs. 185 per share in March 2023, with a market capitalisation of Rs. 5701 crore. However, the Chennai Super Kings unlisted share price fluctuates over time and steadily grows throughout the IPL season. The current price of its unlisted share is Rs 224 per share in October 24, which is expected to increase in the next few months. Let’s understand the price of unlisted shares of CSK with the graphics mentioned below.
As per the fresh market data, CSK share price today is Rs 225 per equity share which goes up and down based on the company’s performance. In addition, Chennai Super Kings share price also depends on the team’s on-field performance and the tournament result. According to a report of The Economic Times of India, CSK’s estimated value in 2024 will cross the mark of $4 billion.
The rising price of CSK reveals that investors can expect high ROI, which makes it a worthy investment. However, it is crucial to keep the various factors like CSK’s current performance and market condition before investing. You can easily check the updated price of CSK unlisted shares on Stockify to plan your investment.
Right from the 1st season of IPL, MS Dhoni has been the face of CSK. His image and legacy have contributed significantly to brand visibility and fan following. Ultimately adding to the growth of csk shares.
However, the former Indian cricket team captain is 42 now, and speculations that this year will be his last are probably true. So, we can expect a drop in csk unlisted share price.
But overall, if CSK can make a good marquee of cricketers that can replace the Dhoni void, and win IPL seasons, then csk shares can turn out to be a profitable investment.
CSK is currently owned by Chennai Super Kings Cricket Limited, which is part of India Cements Limited. N. Srinivasan, the Managing Director of India Cements, is the main person behind CSK. He has been involved with the team since it started in 2008. Srinivasan is a well-known businessman and has held top positions in cricket organizations like the Board of Control for Cricket in India (BCCI) and the International Cricket Council (ICC).
One of the biggest franchises of the IPL, Chennai Super Kings, has been growing rapidly since its inception. The company’s capital has surged to Rs.5,115.34 crores, outgrowing its former owner India Cements. According to the Economic Times Of India, by 2024, the company’s value is expected to go at least $1.5 billion. Let’s understand the company’s revenue and growth with the below graph.
In FY 23-24, the operating revenue of CSK was 676.4 crore, which increased from the previous year of Rs 292 crore. The income of the CSK from central rights was Rs 479 crore, while sponsorship contributed around Rs 95 crore. As per the financial report shared by the company, it earned around Rs 75 crore from other income sources, including ticket and merchandise sales. However, the team won the prize pool money of IPL 2023, contributing to its earnings and positively affecting CSK share price.
The revenue source of the CSK comprises sponsorship, central rights, and other income sources, including ticket sales, merchandise sales, and more. In FY21-22, the total revenue of the Chennai Super Kings was Rs 341 crore, of which it earned 70% from central rights, 19% from sponsorship, and 11% from another income source. However, during this year, its expenses were Rs 248 cr, including its franchise fee, players and staff, tournament expenses, and other expenses. In FY 2022, the company had a Profit After Tax (PAT) of Rs 40 crore, higher than its previous year of Rs 32 crore.
As the brand value of CSK keeps increasing with every season, it is an excellent opportunity for investors to buy CSK unlisted shares. In addition, it is the only IPL team that offers its Pre-IPO shares for trading. With less competition, you can expect a good return from its unlisted shares.
Buying and selling unlisted shares can be complex if you’re not aware of the process correctly. If you’re considering buying CSK unlisted shares and need help with how to go about it, India’s best unlisted shares broking platforms here to help. There are many factors to consider before applying to unlisted shares, including EPS growth, KPI, EBITDA Margin, Profit & Loss summary, etc. The experts at Stockify will provide you with every valuable piece of information you need.
At Stockify, you get updated prices of CSK unlisted shares, and the Chennai Super Kings company share price today is Rs.224.0. Keeping oneself updated with the costs of unlisted shares makes buying and selling easy. Since our experts possess a tremendous knowledge of the grey market, they update the prices whenever they get changed. So, why not log into our portal and subscribe to our newsletter for real-time updates?
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