Chennai Super Kings (CSK) Cricket unlisted shares in huge demand

CSK most profitable IPL brand

IPL brand CSK’s unlisted shares in huge demand

Unlisted shares of Indian Premier League (IPL) team Chennai Super Kings (CSK) Cricket are in huge demand. India Cements spun off its IPL franchise into a wholly owned subsidiary in early 2015.

For buying shares of Chennai Super Kings (CSK) Cricket or any other companies, please call on 8108303330 or place your order https://buysellunlistedshares.com/buysell/

At current off-market price, the company is valued at around Rs 450 crore as against the CSK brand value of $98 million (about Rs 700 crore) as per a valuation by American Appraisal India and Duff & Phelps.
“Many investors who got CSK shares early this week were seen selling them off market,” said Narottam Dharawat, a Mumbai-based broker who deals in unlisted shares. “Savvy investors are interested in buying CSK shares.”
CSK have been ranked as the most valuable IPL franchise brand. There have been eleven seasons of the IPL tournament. The current IPL title holders are the CSK, who won the 2018 season.

 

According to another independent report conducted by Brand Finance, a London-based company, after the conclusion of the 2018 Indian Premier League, the IPL has seen its business value grow by 37% to an all-time high of US$5.3 billion — crossing the five billion mark for the first time in a season. According to the director of the company: Now in it’s 11th season, the Indian Premier League is here to stay. The league has delivered financially for the players, franchisees, sponsors and India as a whole, prompting a strong desire among a range of stakeholders to appropriately value it. To ensure continued development, management and team owners will have to explore innovative ways of engaging fans, clubs, and sponsors.

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Chennai Super Kings (CSK) Cricket unlisted shares

CSK most profitable IPL brand

CSK unlisted shares in demand

Chennai Super Kings (CSK) is a franchise cricket team based in Chennai, Tamil Nadu, which plays in the Indian Premier League (IPL). Founded in 2008, the team is captained by Mahendra Singh Dhoni and coached by Stephen Fleming.

For buying unlisted shares of Chennai Super Kings (CSK) Cricket or any other companies, please call on 8108303330 or place your order https://buysellunlistedshares.com/buysell/

CSK have been ranked as the most valuable IPL franchise brand. There have been eleven seasons of the IPL tournament. The current IPL title holders are the CSK, who won the 2018 season.

 

ArcelorMittal wins bid to acquire Essar Steel

ArcelorMittal declared highest bidder

ArcelorMittal declared highest bidder for acquiring Essar Steel

Lakshmi Mittal-controlled Arcelor Mittal sweetened its bid for Essar Steel by offering an additional equity infusion of Rs 8000 crore over and above the Rs 42000 crore it promises to pay for acquiring the bankrupt steelmaker. The move raises Arcelor Mittal’s total bid for Essar Steel to Rs 50000 crore.

In FY17, the latest year for which financials are available, Essar Steel earned an Ebitda of Rs 2841 crore, but depreciation alone amounted to Rs 1903 crore. Ebitda stands for earnings before interest, tax, depreciation and amortization. Its interest cost in that year was Rs 5608 crore and it ended FY17 with a net loss of Rs 5198 crore. But FY18 financials may look better, based on how listed firms have fared.

Fairfax completes investment in Catholic Syrian Bank

CSB unlisted shares

CSB unlisted shares in demand ahead of its IPO in 2019

Prem Watsa-promoted Fairfax India Holdings Corporation (Fairfax India) announced that it has received all required regulatory approvals and has completed the initial closing of its aggregate Rs 1200 crore investment in The Catholic Syrian Bank (CSB).

For buying shares of Catholic Syrian Bank (CSB) or any other companies, please call on 8108234400 or place your order here https://buysellunlistedshares.com/buysell/

In connection with the initial closing, Fairfax India invested Rs 440 crore in equity shares and warrants of CSB. The remaining consideration is payable within 18 months following the initial closing, either upon request by CSB or at the option of Fairfax India. Upon the completion of the aggregate transaction, Fairfax India will own 51% of CSB.

This is the first deal in which a foreign investor is taking up a majority stake in a private bank after the Reserve Bank of India (RBI) tweaked ownership norms in May 2017.

On the initial public offering, the bank is going ahead with its plan to list by 2019. The bank will also have 1,000 branches against 423 now, and will become pan-Indian. Nearly half of its branches are in Kerala. The bank is headquartered in Thrissur, Kerala.

The Catholic Syrian Bank Ltd., established in 1920, is a full-service bank offering Neighborhood Banking, Non-Resident Indian Services, Small-to-Medium-Enterprise and Wholesale banking services through 423 branches and 264 ATMs across India.

Fairfax India is an investment holding company whose objective is to achieve long-term capital appreciation, while preserving capital, by investing in public and private equity securities and debt instruments in India and Indian businesses or other businesses with customers, suppliers or business primarily conducted in, or dependent on, India.

Nazara Technologies Unlisted Pre-IPO shares

Nazara Technologies is Mumbai-based gaming major

Nazara Technologies is one of the leading mobile games company headquartered in Mumbai, which is engaged in acquisition of, value addition to and distribution, of mobile games across emerging markets such as India, Middle East, Africa, South East Asia and Latin America.

For buying shares of Nazara Technologies or any other companies, please call on 8108234400 or place your order here buysellunlistedshares.com/buysell/ 

Ace investor Rakesh Jhunjhunwala had in December 2017 acquired a minority stake in WestBridge Capital-backed Nazara Technologies for approximately Rs 180 crore.

Asset management firm India Infoline Finance Ltd’s (IIFL) Special Opportunities Fund has acquired a minority stake worth Rs 330 crore in Nazara Technologies.