Chennai Super Kings Pre IPO Price: Should You Invest Before It Hits the Market?
04 June 2025 · Sachin Gadekar
A deep dive into CSK's financials, growth potential, and why this IPL giant is turning heads in the unlisted market.
Introduction
Chennai Super Kings (CSK) isn’t just a cricket team—it’s a brand with unmatched loyalty and business potential. Now, investors can own a slice of this IPL franchise through pre-IPO shares. With a current pre-IPO share price of ₹195, CSK has entered the radar of serious unlisted market investors looking to ride the wave of sports-entertainment monetization.
In this article, we explore CSK’s pre-IPO fundamentals, financials, and the pros and cons of investing before it lists.
CSK Pre IPO Snapshot
| Metric | Value |
|---|---|
| Price per Unit | ₹195 |
| Market Capitalization | ₹7,398.79 Cr |
| ISIN | INE852S01026 |
| Face Value | ₹0.10 |
| P/E Ratio | 36.04 |
| EPS | ₹5.41 |
| P/B Ratio | 11.40 |
| Book Value | ₹17.10 |
| Debt/Equity Ratio | 0 |
Who Owns Chennai Super Kings?
| Shareholder | Stake (%) |
|---|---|
| EWS Finance & Investments Pvt. Ltd. | 36.22% |
| Sri Saradha Logistics Pvt. Ltd. | 5.60% |
| Mrs. Rupa Gurunath | 5.26% |
| LIC | 4.90% |
| Others | 48.02% |
Financial Performance of CSK (FY2019–FY2024)
| Year | Revenue (₹ Cr) | PAT (₹ Cr) | PAT Growth | PAT % |
|---|---|---|---|---|
| FY2024 | 695.5 | 201.5 | 1365.4% | 29% |
| FY2023 | 305.9 | 13.7 | -56.3% | 4% |
| FY2022 | 341.1 | 31.4 | -21.9% | 9% |
| FY2021 | 247.8 | 40.2 | -19.9% | 16% |
| FY2020 | 350.2 | 50.3 | -54.8% | 14% |
Strengths That Power CSK’s Valuation
1. Unmatched Brand Loyalty
CSK’s fan base is arguably the most passionate in IPL, providing a consistent revenue stream via ticket sales, merchandise, and digital engagement.
2. Consistent Team Performance
Five-time IPL champions (2010, 2011, 2018, 2021, 2023), CSK’s on-field success translates to higher prize money and brand sponsorships.
3. Expansion into Global T20 Leagues
CSK owns:
Joburg Super Kings (South Africa)
Texas Super Kings (USA Major League Cricket)
This global expansion builds brand equity and revenue streams beyond IPL.
4. Strength of the IPL Ecosystem
IPL broadcasting rights grew from ₹3,300 Cr p.a. (2018–2022) to ₹9,678 Cr p.a. (2023–2027).
Revenue sharing with BCCI means ₹280–300 Cr in additional income for franchises.
5. Nurturing Future Talent
CSK’s cricket academies support long-term team development, potentially lowering wage costs by producing in-house stars.
Risks & Weaknesses
MS Dhoni’s Retirement
The face of CSK, MS Dhoni, has been central to its brand. His exit may impact fan loyalty and future revenue potential.
Regulatory Dependence
As a franchise under the BCCI, changes in broadcasting rights, league structures, or revenue-sharing models could impact profitability.
Why Invest in CSK Pre IPO Shares?
Early Access:
Get exposure before CSK lists publicly. Pre-IPO investors often gain at lower valuations.
Diversification:
CSK belongs to the sports-entertainment asset class, uncorrelated with equities, bonds, or real estate—adding diversity to your portfolio.
High Visibility Business:
Unlike obscure pre-IPO investments, CSK has a visible brand, regular cash flows, and media rights-linked growth.
FAQs
1. What is the current CSK pre-IPO share price?
As of now, the CSK pre-IPO share price is ₹195.
2. How do I invest in Chennai Super Kings unlisted shares?
You can invest through platforms like Planify, SharesCart, or UnlistedZone. KYC and payment are typically handled via these platforms.
3. What are the key financials of CSK?
In FY2024, CSK reported ₹695.5 Cr in revenue and ₹201.5 Cr in net profit with a PAT margin of 29%.
4. What are unlisted or pre-IPO shares?
Unlisted shares are equities of companies not yet traded on stock exchanges. They are bought through private deals and specialized platforms.
5. What are the risks of investing in pre-IPO shares?
Risks include low liquidity, price volatility, and uncertain listing timelines.