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.
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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.