Chennai Super Kings (CSK) is the only IPL franchise whose unlisted shares are available for trading. Over the years, CSK has performed consistently and given its investors high returns. Based on our analysis and due diligence, CSK unlisted shares price doubled in the past few months. Moreover, the price of CSK shares quadrupled in the last two years.
As a result, its investors made a huge return despite no matches being played during the pandemic. There is no doubt that IPL attracts a wider audience, and being the only franchise that operates in the grey market, CSK remains in the spotlight. Ahead of the 16 edition of IPL, Chennai Super Kings shares became a trending topic among investors. Let’s find out why CSK unlisted shares stay popular.
What Makes CSK Shares Popular Among Investors?
In India, the IPL season is treated like a cricket festival organised by the BCCI every year in Summer. With a large fan base across India and even internationally, CSK is one of the most successful IPL teams. Chennai Super Kings is owned by India Cements, India’s leading cement maker company.
It came into existence in 2008, when N. Srinivasan owned the Franchise rights for Rs 346 crore. Till now, CSK has been the second most successful IPL franchise after Mumbai Indians, owned by Reliance Industries Pvt Limited. Here are the reasons why CSK unlisted shares become popular among investors:
1. Only IPL Franchise For Public Investment
One of the biggest reasons behind the popularity of CSK shares among retail investors is its availability for public investment. Being the only IPL franchise, Chennai Super Kings share price remains steady and lets retail investors make a good return. Moreover, CSK unlisted shares are no less than a goldmine for seasonal investors as its shares stay on top throughout the IPL season. Furthermore, the market valuation of CSK unlisted stock is around Rs 25,00 crore.
2. Huge Brand Value
With millions of fans, CSK maintains its brand value, which keeps increasing yearly. According to the Report of Duff & Phelps, the global valuation of CSK was $6.8 Billion in 2022, which was $3.2 Billion more than in 2014. In addition, the CSK business model is also one of the successful ones that involve selling merchandise and offers.
3- Less Risky & Offers Good Returns
Chennai Super Kings share price remains under the radar of retail investors because of the potential of getting high returns. The average CSK share price in the unofficial market remains Rs 75-80 per share. It was 2020 when CSK reported a loss of Rs 611 crores due to the pandemic. After that, its unlisted shares performed well throughout the years.
Moreover, various financial institutions stated that CSK is planning to grow its capital expenditure, which might bring yield results to its investors. It is clear that investing in CSK unlisted shares is less risky and offers good returns in the long run.
Check CSK Unlisted Share Price
The performance of CSK shares has been phenomenal in the past few years. Even in the off-season, this IPL franchise managed to touch the price point of Rs 100 in the unlisted shares market. If we look at the financials of CSK, it reported a revenue of Rs 349 crore in FY2022 and Rs 253 crore in FY2021.
In addition, its EBITDA margin remained at 15% in FY2022 and 26% in FY2021. The current price of Chennai Super Kings shares is Rs 166, which is subject to market performance. You can check the updated price of CSK, by visiting trading platforms like Stockify which is India’s trusted place to buy unlisted shares. Here is the financials report of CSK for FY2022 and FY2021:
|Particulars in (Cr. and Percentage)||FY2022||FY2021|
|Profit After Margin||9.1%||16%|
You can go through the detailed information on CSK unlisted shares online and make your investing decision.
Invest in Top-Performing Unlisted Shares
Now, you may have a better understanding of why CSK unlisted shares stay popular among investors. Since Chennai Super Kings shares are available for trading, it is best to utilise the low risk it offers to retail investors. You can easily buy CSK unlisted shares by using trading platforms. It will provide you with updated data about the company’s market valuation, debt per equity, operating revenue, PAT, and more.
When you sign up with us, you get access to CSK and other top-performing unlisted shares. It becomes quite easier for you to assess the risk involved in the company’s shares by analysing the key metrics. Get access to CSK and other companies’ unlisted shares now!