How CSK shares are trending following a thrilling IPL victory

(CSK) Cricket franchise Chennai Super Kings is located in Chennai, Tamil Nadu, India. They compete in the Indian Premier League (IPL), and their home games are held in Chennai’s M.A. Chidambaram Stadium. India Cement is the team’s largest shareholder and is owned by Chennai Super Kings Cricket Ltd. The team was banned from the IPL for a period of two years. The Super Kings have the greatest victory percentage (58.98%) among all IPL teams and have won the league’s championship four times (in 2010, 2011, 2018, and 2021). They have made the most playoff appearances (eleven) and IPL Final appearances (nine), respectively.

Analysts who follow the unlisted market claim that the company’s stock has always been extremely well-liked and that there has been high demand for its shares ever since the company’s founding.

Valuation of CSK Unlisted Shares

The firm is anticipated to become India’s first sports unicorn with a market capitalization of over 4,200 crores. The CSK Share Price of Unlisted Shares has further surged as a result of the revelation that there would be two additional teams competing in the 2022 IPL season. The restricted number of clubs in the IPL tournament, the excellent CSK brand value, and the strong investor backing make investing in CSK unlisted shares desirable from the Indian audience’s perspective. on addition, investors cannot purchase any other IPL team shares on the market save CSK.

CSK shares began trading at roughly Rs 23–28, and at its height in 2022, when the Indian startup scene was quite euphoric, the shares reached as high as Rs 230.

According to Thejas Jagannath, Senior Lead Strategy at UnlistedKart, “the maximum trades that happened for Chennai Super Kings were above Rs 160 in the last two to three months during the IPL.”

“The portions of the organization, which is right now esteemed at around Rs 5,600 crore, have been developing at 10-15% consistently regardless of what the result of the IPL,” Jagannath said.

To place things in context, examiners say Chennai Super Lords is the most well known association group despite the fact that there are different establishments yet in this field. Mumbai Indians and Rajasthan Royals are at a far off second and third.

Brand CSK has forever been inseparable from brand Dhoni. During the IPL, fans crowded arenas, similar to no other, in expectation that this may be the last time they would see their captain MS Dhoni, prominently called as “Thala” (The pioneer).

Revenue Sources (Products & Services) of CSK
Media Rights Income
Sponsorship Income
Advertisements
Stadium Tickets
T-shirts
Watches
Games Accessories
Other Merchandise

What Makes CSK Interesting?
Media privileges represent 70-75% of incomes for the vast majority of the IPL groups while sponsorship income purportedly conforms to 20-25% of the top line and greate valuation

As per Elara Capital, IPL’s media freedoms are probably going to get over INR 50,000 crore throughout the following five years (2023 – 2028), really growing 3-4X. CSK being quite possibly of the greatest name in the association is probably going to benefit the most from this pattern through higher media-related incomes.

Leave a Comment