- How to buy CSK Unlisted Shares?
- To Buy CSK Unlisted Shares, follow the given steps:
- Register on the InCred Money Platform.
- Complete your KYC verification.
- Go to the CSK shares page, select the de
- How to sell CSK Unlisted Shares?
- We suggest that an investor should not invest in unlisted equities with a mindset of trading or selling them in a short period of time.
But we understand that there may be an event where you may want to liquidate your shares. In that case, you can drop us an email on connect@incredmoney.com with the following details:
- Name
- Registered email address with InCred Money
- PAN number
- Name of the company that you are looking to sell
- Quantum
- Your expected price
-Once we receive your email, our team will reach out to you. We will then attempt to find a buyer for your units on a best-effort basis. Once we find a match for your price and quantity, we will notify you and initiate the transaction.
Steps once the transaction is initiated.
- We will send you a deal sheet with all relevant details.
- You will need to transfer the units from your demat account to us. Our team will explain the steps for the same to you.
- After we receive the units, you will get a confirmation, and we will transfer the funds to your account.
- What is the Lock-in Period of CSK Unlisted Shares?
- Different categories of investors define various types of lock-in periods for CSK Unlisted shares.
- For Venture Capital Funds and Foreign Venture Capital investors, the lock-in period of 6 months commences on the date of acquisition of CSK Unlisted shares.
- There is no lock-in period for Alternative Investment Funds – category II.
- For high-net-worth individuals, Retail Investors and Body corporations, 6 months of the lock-in period begins from the date of the IPO listings of CSK’s unlisted shares.
- What is the Minimum Ticket Size for Investment in CSK Unlisted Shares?
- You can buy CSK Unlisted Shares with a minimum investment of just 1 share.
- Is Buying CSK Unlisted Shares Legal in India?
- It is 100% legal to buy CSK unlisted shares in India. Regulated and governed by the SEBI (Security and Exchange Board of India) guidelines. Investors and traders comply with these guidelines, making every transaction legal and secure.
- Is Short-Term Capital Gain Tax Applicable on Chennai Super Kings Ltd (CSK) Unlisted Shares?
- Any profit made by selling CSK unlisted shares within two years of purchasing them is defined as Short-Term Capital Gain. The profits become a part of your annual salary for that particular financial year. The tax on this short-term financial gain will be calculated based on the income tax slab you fall into.
Therefore, the tax you will pay on the STCG will be calculated on your total income, including the gains and tax slab applicable to you as per the Income Tax Laws of India. As an investor, it is important to keep these tax implications in mind when you make unlisted share transactions.
- How Much LTCG Tax is Applicable on CSK Unlisted Shares/Pre-IPO Shares?
- Profits made on CSK unlisted shares held onto for more than two years. The LTCG on unlisted shares has been taxed at 12.5% since July 2024. The indexation benefit applicable earlier has been removed after the 2024 budget. Understanding LTCG is crucial for high-net-worth individuals and retail investors to plan their investments and strategy smartly.
- How Much Time is Taken to Credit CSK Unlisted Shares in a Demat Account?
- The CSK Unlisted shares are credited to your Demat account the same day as the funds transfer to our company account.
- How to trust InCred Money before buying CSK Unlisted Shares from its platform?
- InCred Money is a part of the InCred Group, offering an accessible investment platform.
You can start investing with as little as one share. We offer highly competitive pricing with no hidden charges. We also have a dedicated team of experts available to guide you every step of the way.
- How is the Valuation of CSK Unlisted Shares Calculated?
- To begin with, we first research the current market value and funding around the CSK unlisted shares, this gives a benchmark valuation. If there hasn’t been recent funding, we use the comparative approach by looking at unlisted shares of companies that are similar in industry size and nature to the CSK unlisted shares. We can draw a fair valuation by comparing and contrasting its counterpart.
We also perform thorough risk management and consider all parameters to make informed decisions.
- How Much Return Can I Expect from the CSK Unlisted Shares?
- Estimating a return on investment in unlisted shares requires detailed industry knowledge. The returns depend on demand /supply, the valuation of the companies as well as other factors. People who invested 1 lakh in CSK shares in 2019 are worth 20 lakhs today. The return also depends on the period for which you hold the shares. You can connect with our experts to understand and get a greater share of the profits.
- What is the Name of CSK in the Share Market?
- The name of CSK in the share market is Chennai Super Kings Cricket Limited (CSKCL)
- Are CSK Unlisted Shares in Demat Form?
- Yes, CSK unlisted shares are transferred in dematerialised form. Once the payment is received, the shares will appear in your Demat account.
- Where will CSK Unlisted Shares/Pre-IPO shares be reflected?
- Once you purchase the shares on our platform, they will be transferred to the DEMAT account that you have shared with us on a T+7 basis.
There are multiple places where you can check your stock:
- You can download the CDSL Myeasi app or NSDL Speede app to track all your demat holdings.
- The stock will show up once you log in to your account on the InCred Money app/ website.
- Is CSK a Pre-IPO, Unlisted or Delisted share?
- CSK is an unlisted share and it is not on the share market.
- Can NRIs Buy CSK Unlisted Shares?
- Yes, NRIs can purchase CSK unlisted shares. However, these shares are non-repatriable unless the NRI specifies his intention of buying repatriable shares for the RBI.
- Does Dhoni Have Shares In CSK?
- As per some reports, Mahendra Singh Dhoni owns a 15% stake in a marketing firm that manages him and CSK. If these reports are to be believed, then it is true.
- Is CSK Planning for an IPO?
- The CSK has no plans to go public or get listed on the stock market as of September 2024
- Who owns CSK shares?
- CSK and the company that manages it CSKCL have about 100,000 shareholders. Some major ones are:
- India Cements Shareholder’s Trust-30%
- Saradha Logistics: 6.9%
- Life Insurance Corporation of India: 6%
Other shareholders include N. Srinivasan, Chitra Srinivasan, Rajam Krishnamurthy etc.
- What is the Value of CSK in 2024?
- CSK is one of the most valued franchises in the IPL today at a whopping USD 231 Million.
- Is CSK Profitable?
- Yes, CSK is extremely profitable. Their revenue increased from 292 Crore in 2023 to 676 Crore in 2024 with a 131% increase. CSK’s profit increased from 52 Crore to 229 Crore between 2023 to 2024, With a 340% increase.
- Is CSK stock good to buy?
- CSK is one of the most profitable and valuable franchises in the IPL, and its shares are undoubtedly worth the investment.
- How Does the CSK Share Price Move After and Before the IPL?
- The fluctuation in CSK share prices depends on the demand for the shares. The prices usually increase before the IPL and fall after the season ends.
- When will I receive the ₹200 cashback for my CSK share purchase?
- You’ll receive your ₹200 Amazon voucher within 5 working days after your investment is confirmed and successfully processed.
- Is KYC mandatory to get the cashback?
- Yes, completing your KYC is mandatory to be eligible for the cashback. KYC is usually approved within 2 working days of submission.
- How will I receive the ₹200 cashback?
- The cashback will be sent as an Amazon voucher to your registered email ID once your investment is verified.
- Is the ₹200 cashback a one-time offer?
- Yes, the ₹200 cashback is applicable only once per user for their first CSK share transaction via InCred Money.
