Overview of CSK Unlisted Shares:
Established on December 19, 2014, and owned by Indian Cements, the company operates as the entity behind the widely recognized cricket team, Chennai Super Kings (CSK). Founded in 2008, CSK is a professional cricket franchise based in Chennai that participates in the prestigious Indian Premier League (IPL). Currently, under the coaching guidance of Stephen Fleming, CSK has solidified its position as a formidable force in the cricketing world.
As of the latest assessment, the team boasts a substantial brand value of approximately Rs 1746.88 Crores, experiencing a significant 45.2% surge from Rs 957.29 Crores, notably attributed to their success in the IPL 2023. The company's revenue streams are diverse, encompassing areas such as the grant of central rights, sponsorships, academy membership, utilization of academy facilities, talent management, and merchandise sales.
Underlining its commitment to social responsibility, Chennai Super Kings Cricket actively engaged in Corporate Social Responsibility, allocating Rs 125.19 Lakhs for the fiscal year 2022-23. This strategic investment reflects the company's dedication to making a positive impact beyond sports, reinforcing its role as a responsible corporate entity.
Shareholding Pattern of CSK Unlisted Shares:
The distribution of the company exhibits a diverse shareholding pattern among various entities. EWS Finance and Investments Private Ltd possesses a significant 21.47% stake, indicating a notable presence in the company's ownership structure. Following closely, Sri Saradha Logistics Private Limited holds a 6.89% share, contributing to the overall ownership composition. Mrs. Rupa Gurunath Trust holds a substantial 6.48% stake, adding further diversity to the ownership landscape.
Life Insurance Corporation of India, along with Life Insurance Corporation of India P & GS Fund and LIC of India Market Plus Growth Fund, collectively holds a combined 6.04% stake in the company. The Trustees of India Cements Shareholders Trust contribute with a 1.76% holding, reflecting their role in the ownership structure. The remaining ownership is spread among various entities, making up 57.36% of the overall shareholding.
This varied shareholding pattern emphasizes a mix of institutional and individual investors, showcasing a balanced ownership structure within the company. Each entity's stake plays a role in influencing the company's direction and decision-making processes.
Subsidiaries of CSK Unlisted Share:
The company wholly owns its subsidiaries, exemplifying a complete stake in Superking Ventures Private Ltd., with a 100% shareholding. Additionally, the company maintains complete control over Joburg Super Kings (pty) Ltd., with a 100% ownership stake. These subsidiaries, wholly owned by the parent company, contribute to its overall business portfolio and strategic initiatives. The total shareholding signifies a consolidated approach, allowing the company to effectively manage and align the operations of its subsidiaries with its broader business objectives. This ownership structure ensures a cohesive and integrated approach to managing the diverse ventures under its umbrella.
CSK Unlisted Share Price
As of February 8, 2024, the current CSK Unlisted share price is ₹ 175 per share.
CSK Unlisted Share Price in Depth
Face Value of CSK Unlisted Share:
Price per share as of February 8, 2024: ₹ 175
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