Chennai Super Kings becomes India’s first Sports Unicorn
Four times Indian Premier League (IPL) champions and M.S. Dhoni led Chennai Super Kings (CSK) on 29th January 2022 became India’s first Unicorn Sports enterprise.
- Market cap of CSK has now crossed Rs 7600 crore and their shares in the Grey Market are trading at a record price of 210-225 price band.
It is an unofficial market where financial securities like shares, debentures etc. are bought and sold. It is also called a parallel market. The trading is done only in cash and it is not regulated by Securities Exchange Board of India (SEBI).
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