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Chennai Super Kings becomes India's first Unicorn sports enterprise

On Friday, India Cements' market cap stood at INR 6,869 crores. Ahead of the 15th edition of the Indian Premier League (IPL), The Mahendra Singh Dhoni-led CSK, which won its fourth IPL title in Dubai last year, now has a market cap more than its parent entity, India Cements.

Chennai Super Kings lifting the trophy Credits — Twitter (CSK)

One of the most successful franchises, Chennai Super Kings (CSK), has become the country's first sports Unicorn, with its market cap having touched a high of INR 7,600 crores and its share in the grey market trading in the INR 210-225 price band.

On Friday, India Cements' market cap stood at INR 6,869 crores. Ahead of the 15th edition of the Indian Premier League (IPL), The Mahendra Singh Dhoni-led CSK, which won its fourth IPL title in Dubai last year, now has a market cap more than its parent entity, India Cements.

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