If you are a true cricket fan, you must be familiar with the Indian Premier League (IPL), the world’s richest and most successful cricket league. Recently, the IPL final was played at Ahmedabad’s Narendra Modi Stadium between Chennai Super Kings (CSK) and Gujarat Titans (GT), in which CSK dramatically won in a thrilling final over. Chennai Super Kings, one of the most successful teams of IPL, fortunately won its 5th IPL trophy and equalled its winning record with Mumbai Indians.
Throughout the 16th edition of the IPL, CSK’s performance was exceptional. It directly impacted CSK unlisted shares and brand value, which increased after its IPL victory. In this blog, we will closely analyze the performance of Chennai Super Kings in the unlisted share market.
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What Does This IPL Victory Mean For CSK’s Investors?
Throughout the IPL tournament, CSK received massive support from the fans during its home and away matches. One of the major reasons behind it is the CSK’s captain MS Dhoni who was expected to retire after this season. However, CSK management has released no official statement regarding Dhoni’s retirement from IPL.
As a result, there has been significant growth in the brand value and net worth of CSK throughout the 16th edition of the IPL. Apart from the team, this IPL victory is also meant for its investors who have CSK unlisted shares. The performance of the CSK shares remained positive throughout the tournament. Chennai Super Kings debuted in the unlisted share market in 2017 and is the only IPL team with Pre-IPO shares available for trading.
In addition, CSK stock price dramatically increased by 15% post-IPL victory. According to the recent market data shared by the analysts, in the last 2–3 months, the maximum trades for the CSK unlisted shares were above Rs 160 per share.
Whether from media rights, sponsorship, or ticket sales, CSK’s net worth increased. So, it is good news for the investors who bought CSK unlisted shares in the past.
Fluctuation In CSK Unlisted Shares Post IPL Victory
A significant fluctuation has been seen in the CSK unlisted shares from the beginning to the end of IPL 2023. From the first match, retail investors’ demand for CSK shares was high. Before the IPL, its unlisted share price was Rs 165, steadily increasing with the team’s performance in the tournament. Here is how the post-IPL victory affects the CSK Pre-IPO shares:
Increase In Unlisted Share Value
If we see the share price history of the Chennai Super Kings, then it started trading at the base value of Rs 23-28 per share during its inception. However, its price peaked in 2022 when the CSK unlisted share price reached Rs 230. On average, the value of the CSK stocks increased from 10-15%, irrespective of its performance in the tournament.
Price Movement
Apart from the share value, the Chennai Super Kings share price also shows fluctuation. Over the years, the unlisted share price of CSK remained high throughout the IPL season, which benefited its investors. As we mentioned, the price of CSK Pre-IPO stocks peaked in 2022, and it was also the year when Chennai Super Kings finished at the second bottom of the points table of IPL.
As we can see from the graph, the price of the CSK unlisted shares increased at the end of May 2023. It was the time when the team almost qualified for the Playoffs.
During the IPL final on 29th May 2023, the price of CSK stock at that time was 177 per share. However, CSK unlisted share price today is Rs 179.0, which is expected to go higher in the coming months.
High Market Valuation
After the IPL victory, the total market valuation of the CSK unlisted shares also increased, which directly improves company financial records in the grey market. Before the IPL 2023, the value of its shares was Rs 5,656 crore which increased to Rs 5,701 crore. The higher valuation also impacts the face value of CSK for each share. It is beneficial for investors to buy CSK unlisted shares as its valuation is expected to increase with each IPL season.
If you are a true cricket fan, you must be familiar with the Indian Premier League (IPL), the world’s richest and most successful cricket league. Recently, the IPL final was played at Ahmedabad’s Narendra Modi Stadium between Chennai Super Kings (CSK) and Gujarat Titans (GT), in which CSK dramatically won in a thrilling final over. Chennai Super Kings, one of the most successful teams of IPL, fortunately won its 5th IPL trophy and equalled its winning record with Mumbai Indians.
Throughout the 16th edition of the IPL, CSK’s performance was exceptional. It directly impacted CSK unlisted shares and brand value, which increased after its IPL victory. In this blog, we will closely analyze the performance of Chennai Super Kings in the unlisted share market.
What Does This IPL Victory Mean For CSK’s Investors?
Throughout the IPL tournament, CSK received massive support from the fans during its home and away matches. One of the major reasons behind it is the CSK’s captain MS Dhoni who was expected to retire after this season. However, CSK management has released no official statement regarding Dhoni’s retirement from IPL.
As a result, there has been significant growth in the brand value and net worth of CSK throughout the 16th edition of the IPL. Apart from the team, this IPL victory is also meant for its investors who have CSK unlisted shares. The performance of the CSK shares remained positive throughout the tournament. Chennai Super Kings debuted in the unlisted share market in 2017 and is the only IPL team with Pre-IPO shares available for trading.
In addition, CSK stock price dramatically increased by 15% post-IPL victory. According to the recent market data shared by the analysts, in the last 2–3 months, the maximum trades for the CSK unlisted shares were above Rs 160 per share.
Whether from media rights, sponsorship, or ticket sales, CSK’s net worth increased. So, it is good news for the investors who bought CSK unlisted shares in the past.
Fluctuation In CSK Unlisted Shares Post IPL Victory
A significant fluctuation has been seen in the CSK unlisted shares from the beginning to the end of IPL 2023. From the first match, retail investors’ demand for CSK shares was high. Before the IPL, its unlisted share price was Rs 165, steadily increasing with the team’s performance in the tournament. Here is how the post-IPL victory affects the CSK Pre-IPO shares:
Increase In Unlisted Share Value
If we see the share price history of the Chennai Super Kings, then it started trading at the base value of Rs 23-28 per share during its inception. However, its price peaked in 2022 when the CSK unlisted share price reached Rs 230. On average, the value of the CSK stocks increased from 10-15%, irrespective of its performance in the tournament.
Price Movement
Apart from the share value, the Chennai Super Kings share price also shows fluctuation. Over the years, the unlisted share price of CSK remained high throughout the IPL season, which benefited its investors. As we mentioned, the price of CSK Pre-IPO stocks peaked in 2022, and it was also the year when Chennai Super Kings finished at the second bottom of the points table of IPL.
As we can see from the graph, the price of the CSK unlisted shares increased at the end of May 2023. It was the time when the team almost qualified for the Playoffs.
During the IPL final on 29th May 2023, the price of CSK stock at that time was 177 per share. However, CSK unlisted share price today is Rs 179.0, which is expected to go higher in the coming months.
High Market Valuation
After the IPL victory, the total market valuation of the CSK unlisted shares also increased, which directly improves company financial records in the grey market. Before the IPL 2023, the value of its shares was Rs 5,656 crore which increased to Rs 5,701 crore. The higher valuation also impacts the face value of CSK for each share. It is beneficial for investors to buy CSK unlisted shares as its valuation is expected to increase with each IPL season.
Invest In CSK Unlisted Shares For Long-Term Benefits
Chennai Super Kings is one of the most successful teams of IPL whose unlisted shares perform well due to low competition. You should invest in CSK shares as their price and value increased substantially in the last few months. Each year, its shares’ valuation keeps rising, which will benefit you in the long run.
If you don’t know how to buy CSK shares, you can take assistance from Stockify’s experts. Here, you will be provided with essential data on CSK unlisted shares like price moment, debt-to-ratio, and more. Become a part of CSK’s unstoppable growth by investing in its unlisted shares now.
Invest In CSK Unlisted Shares For Long-Term Benefits
Chennai Super Kings is one of the most successful teams of IPL whose unlisted shares perform well due to low competition. You should invest in CSK shares as their price and value increased substantially in the last few months. Each year, its shares’ valuation keeps rising, which will benefit you in the long run.
If you don’t know how to buy CSK shares, you can take assistance from Stockify’s experts. Here, you will be provided with essential data on CSK unlisted shares like price moment, debt-to-ratio, and more. Become a part of CSK’s unstoppable growth by investing in its unlisted shares now.
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