Chennai Super Kings Cricket Ltd (CSK) - Unlisted Shares
Fundamentals
- Current Price
- ₹270
- Market Cap
- ₹10,244.48 Cr
- ISIN
- INE852S01026
- Face Value
- ₹0.1
- P/E Ratio
- 66.18
- EPS
- 4.08
- P/B Ratio
- 14.36
- Book Value
- 18.8
- Debt / Equity Ratio
- 0.01
Key Financials
Profit & Loss
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | 673.8 | 695.5 | 305.9 | 341.1 | 247.8 | 350.2 | 410.5 |
| Growth % | -3% | 127% | -10% | 38% | -29% | -15% | 0 |
| Operating Expenses | 482.42 | 431.8 | 277.8 | 299.7 | 185.9 | 282.3 | 254.1 |
| Growth % | 12% | 55% | -7% | 61% | -34% | 11% | 0 |
| Operating Profit | 191.4 | 263.6 | 28.1 | 41.3 | 61.9 | 67.9 | 156.4 |
| PBT | 209.5 | 279.2 | 32.1 | 40.7 | 59.2 | 67.2 | 156.8 |
| PAT | 148.3 | 201.5 | 13.7 | 31.4 | 40.2 | 50.3 | 111.2 |
| Growth | -26.4% | 1365.4% | -56.3% | -21.9% | -19.9% | -54.8% | 0 |
| PAT % | 22% | 29% | 4% | 9% | 16% | 14% | 27% |
Company Financials
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 |
|---|---|---|---|---|---|---|---|
| Equity Capital | 3.79 | 3.8 | 3.1 | 3.1 | 3.1 | 3.08 | 3.08 |
| Reserves | 710.79 | 524.2 | 258.4 | 245.7 | 214.1 | 172.8 | 122.4 |
| Total Equity | 714.58 | 528.0 | 261.5 | 248.7 | 217.2 | 175.9 | 125.5 |
| Borrowings | 0.0 | 0.0 | 0.0 | 0.0 | 63.9 | 65.0 | 65.0 |
| Other Non-Current Liabilities | 7.49 | 4.5 | 4.8 | 0.5 | 1.5 | 0.2 | 0.1 |
| Total NC Liabilities | 7.49 | 4.5 | 4.8 | 0.5 | 65.4 | 65.1 | 65.0 |
| Borrowings | 5.13 | 0 | 65.0 | 64.5 | 0 | 0 | 0 |
| Other Current Liabilities | 405.22 | 306.6 | 129.4 | 76.9 | 33.6 | 24.6 | 125.6 |
| Total Current Liabilities | 410.35 | 306.6 | 194.4 | 141.4 | 33.6 | 24.6 | 125.6 |
| Equity + Liabilities | 1132.4 | 839.1 | 460.7 | 390.6 | 316.2 | 265.6 | 316.2 |
| Fixed Assets (incl. WIP) | 321.92 | 255.5 | 159.9 | 129.9 | 141.28 | 143.25 | 3.51 |
| Other Non Current Assets | 78.18 | 12.0 | 28.7 | 53.3 | 25.6 | 21 | 126.47 |
| Total NC Assets | 400.10 | 267.5 | 188.5 | 183.1 | 166.9 | 164.25 | 129.98 |
| Trade Receivables | 38.31 | 51.5 | 6.5 | 37.4 | 21.92 | 3.58 | 12.62 |
| Cash & Cash Equivalents | 336.38 | 166.7 | 25.5 | 135.5 | 121.8 | 89.17 | 145.94 |
| Other Current Assets | 357.64 | 353.2 | 240.1 | 34.6 | 5.6 | 8.6 | 27.6 |
| Total Current Assets | 732.33 | 571.5 | 272.1 | 207.4 | 149.32 | 101.35 | 186.18 |
| Total Assets | 1132.4 | 839.1 | 460.7 | 390.6 | 316.2 | 265.6 | 316.2 |
Shareholding Pattern
- EWS Finance & Investments Private Ltd
- 47.08%
- Others
- 52.92%
Strengths & Weaknesses
Strengths
- Strong Fan Base: CSK boasts one of the most loyal and passionate fan bases in the IPL, which significantly boosts their brand value and attracts better team sponsorships.
- Consistent Team Performance: They have won the IPL title 5 times (2010, 2011, 2018, 2021 and 2023), and competed in 5 more finals. They are able to boost their revenues by getting a higher share of the prize money.
- Talent Nurturing: CSK has been opening academies for young cricketers which will aid in spotting talent, helping reduce the wage burden of the team.
- Strength of IPL brand: IPL as a brand has strengthened with broadcasting rights growing from Rs. 3,300 Cr p.a. from 2018-2022 to Rs. 9,678 Cr p.a. from 2023 to 2027. As per the revenue sharing model with the BCCI, each team is likely to receive a windfall of Rs. 280-300 Cr additional revenue without an associated cost.
- Expansion to different leagues: CSK has also established teams in the T20 league of South Africa (Joburg Super Kings) and in the US Major League Cricket (Texas Super Kings). This will help CSK create brand loyalty for the Indian franchisee as well as generate revenue from other franchisees.
Weaknesses
- Retirement of MS Dhoni: MS Dhoni has been the biggest ambassador of CSK and his impending retirement can impact the brand loyalty of the franchisee.
- Dependence on BCCI: Changes in league policies or regulations by the BCCI can impact revenue structures and operational strategies
About Chennai Super Kings Cricket Ltd (CSK)
Chennai Super Kings (CSK) is one of the most successful and popular franchises in the Indian Premier League (IPL). Established in 2008, the team is based in Chennai, Tamil Nadu, and is owned by Chennai Super Kings Cricket Ltd., with India Cements being a key stakeholder.
Board of Directors
- Sri R. Srinivasan - Chairman
- Sri K.S.Viswanathan - Whole-time Director & CEO
- Sri. L Sabaretnam - Director
- Sri Rakesh Singh - Director
- Sri PL. Subramanian - Director
- Sri B.Kalyanasundaram - Director
- Sri K.Ramgopal - Director
- Smt. E. Jayashree - Director
Senior Management
- - - -
Frequently Asked Questions
- How to buy CSK Unlisted Shares?
- To Buy CSK Unlisted Shares, follow the given steps:
- Register on the InCred Unlisted Platform.
- Complete your KYC verification.
- Go to the CSK shares page, select the desired quantity, and click Buy - How to sell CSK Unlisted Shares?
- We suggest that an investor should not invest in unlisted equities with a mindset of trading or selling them in a short period of time.
But we understand that there may be an event where you may want to liquidate your shares. In that case, you can drop us an email on connect@incredunlisted.com with the following details:
- Name
- Registered email address with InCred Unlisted
- PAN number
- Name of the company that you are looking to sell
- Quantum
- Your expected price
-Once we receive your email, our team will reach out to you. We will then attempt to find a buyer for your units on a best-effort basis. Once we find a match for your price and quantity, we will notify you and initiate the transaction.
Steps once the transaction is initiated.
- We will send you a deal sheet with all relevant details.
- You will need to transfer the units from your demat account to us. Our team will explain the steps for the same to you.
- After we receive the units, you will get a confirmation, and we will transfer the funds to your account. - What is the Lock-in Period of CSK Unlisted Shares?
- Different categories of investors define various types of lock-in periods for CSK Unlisted shares.
- For Venture Capital Funds and Foreign Venture Capital investors, the lock-in period of 6 months commences on the date of acquisition of CSK Unlisted shares.
- There is no lock-in period for Alternative Investment Funds – category II.
- For high-net-worth individuals, Retail Investors and Body corporations, 6 months of the lock-in period begins from the date of the IPO listings of CSK’s unlisted shares. - What is the Minimum Ticket Size for Investment in CSK Unlisted Shares?
- You can buy CSK Unlisted Shares with a minimum investment of just 1 share.
- Is Buying CSK Unlisted Shares Legal in India?
- It is 100% legal to buy CSK unlisted shares in India. Regulated and governed by the SEBI (Security and Exchange Board of India) guidelines. Investors and traders comply with these guidelines, making every transaction legal and secure.
- Is Short-Term Capital Gain Tax Applicable on Chennai Super Kings Ltd (CSK) Unlisted Shares?
- Any profit made by selling CSK unlisted shares within two years of purchasing them is defined as Short-Term Capital Gain. The profits become a part of your annual salary for that particular financial year. The tax on this short-term financial gain will be calculated based on the income tax slab you fall into.
Therefore, the tax you will pay on the STCG will be calculated on your total income, including the gains and tax slab applicable to you as per the Income Tax Laws of India. As an investor, it is important to keep these tax implications in mind when you make unlisted share transactions. - How Much LTCG Tax is Applicable on CSK Unlisted Shares/Pre-IPO Shares?
- Profits made on CSK unlisted shares held onto for more than two years. The LTCG on unlisted shares has been taxed at 12.5% since July 2024. The indexation benefit applicable earlier has been removed after the 2024 budget. Understanding LTCG is crucial for high-net-worth individuals and retail investors to plan their investments and strategy smartly.
- How Much Time is Taken to Credit CSK Unlisted Shares in a Demat Account?
- The CSK Unlisted shares are credited to your Demat account the same day as the funds transfer to our company account.
- How to trust InCred Unlisted before buying CSK Unlisted Shares from its platform?
- InCred Money is a part of the InCred Group, offering an accessible investment platform. You can start investing with as little as one share. We offer highly competitive pricing with no hidden charges. We also have a dedicated team of experts available to guide you every step of the way.
- How is the Valuation of CSK Unlisted Shares Calculated?
- To begin with, we first research the current market value and funding around the CSK unlisted shares, this gives a benchmark valuation. If there hasn’t been recent funding, we use the comparative approach by looking at unlisted shares of companies that are similar in industry size and nature to the CSK unlisted shares. We can draw a fair valuation by comparing and contrasting its counterpart.
We also perform thorough risk management and consider all parameters to make informed decisions. - How Much Return Can I Expect from the CSK Unlisted Shares?
- Estimating a return on investment in unlisted shares requires detailed industry knowledge. The returns depend on demand /supply, the valuation of the companies as well as other factors. People who invested 1 lakh in CSK shares in 2019 are worth 20 lakhs today. The return also depends on the period for which you hold the shares. You can connect with our experts to understand and get a greater share of the profits.
- What is the Name of CSK in the Share Market?
- The name of CSK in the share market is Chennai Super Kings Cricket Limited (CSKCL)
- Are CSK Unlisted Shares in Demat Form?
- Yes, CSK unlisted shares are transferred in dematerialised form. Once the payment is received, the shares will appear in your Demat account.
- Where will CSK Unlisted Shares/Pre-IPO shares be reflected?
- Once you purchase the shares on our platform, they will be transferred to the DEMAT account that you have shared with us on a T+7 basis.
There are multiple places where you can check your stock:
- You can download the CDSL Myeasi app or NSDL Speede app to track all your demat holdings.
- The stock will show up once you log in to your account on the InCred Unlisted app/ website. - Is CSK a Pre-IPO, Unlisted or Delisted share?
- CSK is an unlisted share and it is not on the share market.
- Can NRIs Buy CSK Unlisted Shares?
- Yes, NRIs can purchase CSK unlisted shares. However, these shares are non-repatriable unless the NRI specifies his intention of buying repatriable shares for the RBI.
- Does Dhoni Have Shares In CSK?
- As per some reports, Mahendra Singh Dhoni owns a 15% stake in a marketing firm that manages him and CSK. If these reports are to be believed, then it is true.
- Is CSK Planning for an IPO?
- The CSK has no plans to go public or get listed on the stock market as of September 2024
- Who owns CSK shares?
- CSK and the company that manages it CSKCL have about 100,000 shareholders. Some major ones are:
- India Cements Shareholder’s Trust-30%
- Saradha Logistics: 6.9%
- Life Insurance Corporation of India: 6%
Other shareholders include N. Srinivasan, Chitra Srinivasan, Rajam Krishnamurthy etc. - What is the Value of CSK in 2024?
- CSK is one of the most valued franchises in the IPL today at a whopping USD 231 Million.
- Is CSK Profitable?
- Yes, CSK is extremely profitable. Their revenue increased from 292 Crore in 2023 to 676 Crore in 2024 with a 131% increase. CSK’s profit increased from 52 Crore to 229 Crore between 2023 to 2024, With a 340% increase.
- Is CSK stock good to buy?
- CSK is one of the most profitable and valuable franchises in the IPL, and its shares are undoubtedly worth the investment.
- How Does the CSK Share Price Move After and Before the IPL?
- The fluctuation in CSK share prices depends on the demand for the shares. The prices usually increase before the IPL and fall after the season ends.
- When will I receive the ₹200 cashback for my CSK share purchase?
- You’ll receive your ₹200 Amazon voucher within 5 working days after your investment is confirmed and successfully processed.
- Is KYC mandatory to get the cashback?
- Yes, completing your KYC is mandatory to be eligible for the cashback. KYC is usually approved within 2 working days of submission.
- How will I receive the ₹200 cashback?
- The cashback will be sent as an Amazon voucher to your registered email ID once your investment is verified.
- Is the ₹200 cashback a one-time offer?
- Yes, the ₹200 cashback is applicable only once per user for their first CSK share transaction via InCred Unlisted.
- Is there any lock in period for Chennai Super Kings Cricket Ltd unlisted shares?
- The lock-in period for Chennai Super Kings Cricket Ltd Unlisted Shares differs based on the investor category, as per SEBI regulations:
●Venture Capital Funds and Foreign Venture Capital Investors (FVCIs): A lock-in period of 6 months from the date of acquisition of the shares.
●Alternative Investment Funds – Category II (AIF-II): No lock-in period is applicable.
●Other investors (including retail investors, high net-worth individuals (HNIs), and body corporates): A lock-in period of 6 months from the date of IPO listing of Chennai Super Kings Cricket Ltd .
These norms were introduced by SEBI in August 2021, reducing the earlier lock-in requirement from one year to six months. The change was aimed at improving liquidity and encouraging investor participation in companies preparing for public listings. Since then, interest in pre-IPO investments has increased, with investors exploring opportunities to participate in companies ahead of their potential listing. - How much long term capital gains tax do I have to pay on Chennai Super Kings Cricket Ltd unlisted shares?
- Long-Term Capital Gains (LTCG) on Unlisted Shares in India arise when such shares are sold after being held for a period of more than two years. The key aspects of LTCG taxation on Chennai Super Kings Cricket Ltd unlisted shares are outlined below:
1. Tax Rate
Earlier, LTCG on unlisted shares was taxed at 20% with indexation benefits. However, as per Union Budget 2024, the tax structure has been revised. For transfers made on or after 23rd July 2024, LTCG on unlisted shares is taxed at a flat rate of 12.5%.
2. Indexation Benefit
Previously, investors could avail indexation benefits to adjust the purchase price for inflation, thereby reducing taxable gains. This indexation benefit has been removed under Budget 2024 for unlisted shares transferred on or after 23rd July 2024
. 3. Importance for Investors
Understanding LTCG taxation is important for both retail investors and High Net-Worth Individuals (HNIs), as it directly impacts investment returns, exit planning, and overall tax strategy.
4. Calculation Method
For eligible transactions after 23rd July 2024, LTCG will be calculated at a flat tax rate of 12.5% on the capital gains, without indexation.
5. Applicability
LTCG tax is applicable when unlisted shares are held for more than 24 months before being sold.
6. Relevance
These tax provisions are particularly relevant for investors in the unlisted share market who are considering exiting their investments after a long-term holding period. - How do I start investing in Chennai Super Kings Cricket Ltd unlisted shares through InCred Money?
- Buying Chennai Super Kings Cricket Ltd Unlisted Shares on InCred Money is quick, seamless, and fully digital.
Step 1: Create Your Account
Sign up using your mobile number and email ID. Complete your KYC by submitting your PAN, Aadhaar, bank account, and demat account details. Once submitted, your KYC is reviewed and approved.
Step 2: Select & Buy Shares Browse and select Chennai Super Kings Cricket Ltd from our Unlisted Shares list and place your order.
Step 3: Share Transfer Based on the settlement period for the shares noted on the platform, the purchased shares are transferred and reflected in both your InCred Money portfolio and your demat account. - What documents are needed to invest in Chennai Super Kings Cricket Ltd unlisted shares?
- To invest in Chennai Super Kings Cricket Ltd Unlisted Shares on InCred Money, you need to complete your The lock-in period for Chennai Super Kings Cricket Ltd Unlisted Shares differs based on the investor category, as per SEBI regulations:
●Venture Capital Funds and Foreign Venture Capital Investors (FVCIs): A lock-in period of 6 months from the date of acquisition of the shares.
●Alternative Investment Funds – Category II (AIF-II): No lock-in period is applicable.
●Other investors (including retail investors, high net-worth individuals (HNIs), and body corporates): A lock-in period of 6 months from the date of IPO listing of Chennai Super Kings Cricket Ltd .
These norms were introduced by SEBI in August 2021, reducing the earlier lock-in requirement from one year to six months. The change was aimed at improving liquidity and encouraging investor participation in companies preparing for public listings. Since then, interest in pre-IPO investments has increased, with investors exploring opportunities to participate in companies ahead of their potential listing.KYC verification by submitting the following documents:
●PAN Card
●Aadhaar Card
●Bank account details
●Demat account details
Once your KYC is successfully completed and approved, you can start investing in unlisted shares on the platform.