CSK Unlisted Share Price — Chennai Super Kings Shares

Chennai Super Kings (CSK) shares are equity shares in Chennai Super Kings Cricket Limited, the company that operates the Chennai franchise in the Indian Premier League (IPL). They can be bought or sold through off-market transactions—share transfers outside exchange trading. The current indicative CSK share price is shown above; contact Unlisted Valley to confirm the quantity and terms for buying or selling.

The company also has overseas cricket and academy businesses. Its consolidated accounts combine the parent company and its subsidiaries. In FY2025–26, the group's revenue grew while profit declined, making both the IPL business and overseas operations relevant when assessing the shares. Source: CSK Annual Report 2025–26, company document, mirrored copy.

Chennai Super Kings Cricket Limited at a glance

Sources: CSK Annual Report 2025–26, company document, mirrored copy for company, security and capital details at 31 March 2026; Economic Times company background for the supplemental ISIN record. Match the security identifier with the demat account record—the electronic record of your shareholding—before a transaction.

CSK business and revenue model

CSK earns revenue from central rights, sponsorship, tournament-related activities and its academy and other commercial businesses. Central rights are rights managed at league level; the annual report records income from these separately from sponsorship. They remain the largest revenue source for the standalone company, meaning the Indian parent without its subsidiaries. Source: CSK Annual Report 2025–26, company document, mirrored copy.

In FY2025–26, standalone central-rights income was ₹430.43 crore, about 69.19% of operating revenue. Sponsorship income rose 26.57% to ₹131.01 crore. The annual report links the fall in central-rights income from ₹468.49 crore in FY2024–25 to CSK finishing tenth in IPL 2025, compared with fifth in IPL 2024. Sporting performance can therefore affect earnings even when sponsorship grows.

The consolidated group includes Joburg Super Kings, Super Kings International and Superking Ventures. Through Super Kings International, CSK held an indirect 55.5% interest in Texas Super Kings at 31 March 2026. The annual report also describes a Super Kings Academy network of more than 30 centres. These businesses broaden the group's activities, but overseas operations incurred losses in FY2025–26.

Source: CSK Annual Report 2025–26, company document, mirrored copy — directors' report, subsidiary disclosures and standalone revenue notes. Revenue shares and growth are Unlisted Valley calculations from those figures.

CSK financial performance: FY2025–26

Consolidated operating revenue increased 3.45%, while net profit fell 23.29% in FY2025–26. Higher revenue did not translate into higher earnings as expenses rose and other income declined.

Amounts below are in ₹crore. Both columns use the consolidated statements in the FY2025–26 annual report, including its FY2024–25 comparatives.

Source: CSK Annual Report 2025–26 — consolidated financial statements, company document, mirrored copy. Figures converted from ₹lakh to ₹crore and rounded to two decimals; percentage changes calculated by Unlisted Valley. Financial years end on 31 March.

Profit attributable to CSK shareholders is higher than whole-group profit because part of the subsidiaries' losses belongs to their minority shareholders. These outside shareholders own interests in subsidiaries; they are separate from the shareholders of Chennai Super Kings Cricket Limited.

The standalone company earned ₹161.63 crore in FY2025–26, compared with ₹180.94 crore in FY2024–25. Alongside lower central-rights income, the annual report identifies reduced interest income and higher employment and operating costs. Overseas losses also weigh on consolidated results; subtracting standalone profit from consolidated profit does not, by itself, produce an audited subsidiary-loss figure. Source: CSK Annual Report 2025–26, company document, mirrored copy.

Cash flow, borrowings and book value

Operating cash flow turned negative despite reported profit. The FY2025–26 cash-flow statement shows a substantial working-capital outflow, while customer advances fell from ₹310.08 crore to ₹153.19 crore. This warrants attention to cash conversion and the timing of receipts, rather than judging performance from profit alone.

At 31 March 2026, the group held ₹70.74 crore in cash equivalents, ₹355.56 crore in current investments and ₹87.73 crore in other bank balances. Investment purchases and deposits account for part of the decline in cash equivalents. These categories are distinct and should not all be described as immediately available cash.

Borrowings were low at ₹0.16 crore, but the group also had ₹12.44 crore of lease liabilities and other obligations. Describing CSK as debt-free would overlook those balances. Source: CSK Annual Report 2025–26 — consolidated balance sheet, cash flows and notes, company document, mirrored copy.

Source: CSK Annual Report 2025–26 — consolidated accounts, company document, mirrored copy; Unlisted Valley calculations using the definitions above. ROE and ROA use average opening and closing balances. Book value is an accounting measure, not an estimate of the price at which shares can be sold.

CSK shareholding pattern

The annual report records 47.22% promoter ownership at 31 March 2026. EWS Finance & Investments Private Ltd held 47.08%, making it the largest disclosed direct shareholder.

Source: CSK Annual Report 2025–26 — equity-capital and promoter disclosures at 31 March 2026, company document, mirrored copy. Percentages follow the report's rounding; remaining shareholders are calculated by subtraction. The promoter subtotal is not an additional holding.

Ownership is concentrated in the largest direct holder. The remaining 52.78% should not be treated as entirely retail-owned or readily available for trading. These direct holdings also do not, on their own, establish ultimate beneficial ownership or subsequent changes after the reporting date.

CSK dividend: paid distribution and FY26 proposal

CSK's annual report confirms that a ₹1-per-share dividend for FY2024–25 was approved and paid during FY2025–26.

For FY2025–26, the board recommended a separate ₹1-per-share dividend in the report signed on 31 August 2026. As of the 4 October 2026 research cutoff, subsequent shareholder approval and payment of that proposal had not been verified. A recommendation should not be treated as a completed distribution or a promise of future dividends.

Source: CSK Annual Report 2025–26 — AGM notice, directors' report and dividend disclosures, company document, mirrored copy.

CSK valuation context

CSK's sponsorship growth and established cricket business help explain its commercial appeal. Investors also need to assess falling FY2025–26 profit, overseas losses and cash conversion. Future improvement would require these activities to generate stronger earnings and cash flow, not simply greater brand recognition.

Houlihan Lokey estimated CSK's IPL brand value at US$244 million, ranking it fourth in its 29 July 2026 study. That is a brand estimate; it is not the equity value of Chennai Super Kings Cricket Limited or the price available to a shareholder selling a small holding. Source: Houlihan Lokey, IPL valuation study press release, 29 July 2026.

An off-market share price, a brand estimate and accounting book value answer different questions. Likewise, another IPL franchise's control transaction can cover different assets, ownership rights and liabilities. Those comparisons alone do not establish that CSK shares are undervalued or imply a future share-price target.

CSK IPO and listing status

No confirmed CSK IPO date, price band or publicly available CSK draft offer document was identified in the sources reviewed as of 4 October 2026. The shares covered on this page are unlisted and traded off-market; the indicative price is not an NSE or BSE trading quote.

An initial public offering (IPO) is a company's first public offer of shares. The review included company disclosures and the Securities and Exchange Board of India (SEBI) public draft-offer-document register with entity-specific searches. A draft offer document sets out a proposed public issue; it does not, by itself, confirm when the shares will list. This is a limit of the available public evidence, not proof that a confidential filing or an undisclosed plan cannot exist. Unlisted status alone does not establish an IPO timetable.

Sources: CSK Annual Report 2025–26, company document, mirrored copy, and SEBI's public draft offer documents register, reviewed for Step 1 on 4 October 2026.

Key risks of CSK unlisted shares

Source for company-specific financial, operating and tax disclosures: CSK Annual Report 2025–26 — directors' report, subsidiary accounts and contingent-liability notes, company document, mirrored copy. The IPO-search limitation is explained above; off-market liquidity depends on counterparties and transaction terms.

US franchise agreement: CSK holds its Texas Super Kings interest through Super Kings International Inc. Texas Super Kings International LLC derives its franchise rights from American Cricket Enterprises (ACE), which derives its rights from USA Cricket. According to CSK's annual report, USA Cricket issued a notice on 21 August 2025 purporting to terminate its agreement with ACE. A court-approved settlement on 2 July 2026 withdrew that purported termination and reinstated the agreement. Source: CSK Annual Report 2025–26, company document, mirrored copy.

Tax proceedings: the report places part of the service-tax and GST disputes before the Madras High Court, and other GST disputes before an appellate authority. These are disclosed contingent liabilities—potential obligations whose final outcomes remain disputed—not findings of wrongdoing or concluded fines. The amounts and forums describe the position disclosed at 31 March 2026, rather than a verified current court-docket position. Source: CSK Annual Report 2025–26, company document, mirrored copy.

How to buy or sell CSK shares through Unlisted Valley

The minimum investment is approximately ₹10,000, with the final quantity confirmed at the agreed price. Unlisted Valley's current operational information identifies no CSK-specific transfer restriction as of 4 October 2026. Security and account checks still apply before execution.

To buy: share your required quantity or investment amount. Once availability, price and terms are confirmed, complete know-your-customer (KYC) identity checks and demat verification. Review the Deal Note, which records the agreed transaction terms, and make payment as agreed. Shares are then transferred off-market to your demat account, followed by the invoice and transfer acknowledgement.

To sell: share your holding and desired quantity. Unlisted Valley checks buyer availability and the proposed price, then confirms the documentation, transfer and payment terms. Completion depends on an agreed buyer and successful transaction checks.

CSK's transfer instructions require shares to be in dematerialised form for ordinary transfers. Confirm the supported demat route and expected timing for your particular transaction; a fixed completion time or assured exit is not promised.

Sources: Unlisted Valley first-party market data and transaction terms, 4 October 2026, and its established transaction process; CSK Annual Report 2025–26 — shareholder transfer instructions, company document, mirrored copy.

Enquire to buy or sell CSK shares. Please call before confirming any deal.

Sources

Research cutoff: 4 October 2026. Financial comparisons use the year ended 31 March 2026 and the prior-year figures presented in that report.

• Chennai Super Kings Cricket Limited Annual Report 2025–26, signed 31 August 2026. Company-authored document accessed through a mirrored PDF; a direct official FY26 host was not recovered during research.
• Economic Times: Chennai Super Kings Cricket Limited company background, supplemental ISIN record, accessed 4 October 2026.
• Houlihan Lokey: IPL valuation study press release, 29 July 2026. Publisher's brand estimate.
• SEBI: Draft offer documents register, consulted with entity-specific searches on 4 October 2026; the review does not certify the absence of every possible filing.
• SEBI ICDR Regulations, consolidated text amended through 21 March 2026, Regulation 17 for the conditional main-board IPO lock-in explanation.
• Unlisted Valley first-party indicative market data and transaction terms, confirmed 4 October 2026. These are operational inputs, not exchange prices or evidence of completed trades.

Important disclosure

Unlisted Valley facilitates transactions in unlisted shares and has a commercial interest in enquiries generated through this page. The information is for general understanding and does not constitute a personalized investment recommendation. Indicative prices and transaction terms may change. Unlisted shares involve liquidity, valuation, business and transfer risks; an IPO, dividend, return or exit is not guaranteed. Review the relevant company disclosures and your circumstances before entering a transaction.