Punjab Kings Owner : Who Holds the Reins of PBKS in IPL?

Who is the owner of Punjab Kings? The Indian Premier League (IPL) is one of the most popular T20 cricket leagues in the world, featuring some of the best cricketers from around the globe. Among the franchises that have participated in the IPL since its inception is the Punjab Kings (PBKS). In this article, we will delve into the ownership structure of the Punjab Kings team and explore the individuals who currently own and operate the franchise.

PBKS Team History

The Punjab Kings franchise was founded in 2008 as Kings XI Punjab and was owned by the Dabur Group. However, the team struggled to find consistent success in the early years of the IPL and went through several changes in ownership and management.

In 2014, the Mohit Burman-led consortium acquired the franchise and has since been the owner of Kings XI Punjab, which was rebranded as Punjab Kings in 2021.

Read Also : Who is the Owner of Rajasthan Royals in IPL ?

Who is the Owner of PBKS ?

Currently, the ownership of the Punjab Kings franchise is held by KPH Dream Cricket Private Limited, a company co-owned by Mohit Burman of Dabur India, Bollywood actress Preity Zinta, Ness Wadia of the Wadia’s group, and Karan Paul. Burman has the highest stake in the team, with a 46% share, followed by Zinta and Wadia, who own 23% each. Meanwhile, Paul has an 8% stake in the franchise.

Mohit Burman

Mohit Burman is a well-known Indian businessman and investor and is the Deputy Managing Director of Dabur India Limited, one of India’s largest Ayurvedic medicine companies. He has been associated with the Punjab Kings franchise since 2014 and has been a driving force behind the team’s success in recent years.

Preity Zinta

Preity Zinta is a renowned Bollywood actress and one of the co-owners of the Punjab Kings franchise. She has been associated with the team since 2008 and has been a vocal supporter of the franchise both on and off the field.

Ness Wadia

Ness Wadia is an Indian businessman and a part of the Wadia family. He is the managing director of Bombay Burmah Trading Corporation, a company that has major holdings in all of the subsidiaries of the Wadia Group, including an indirect major shareholding in the Britannia Industries.

Karan Paul

Karan Paul is an entrepreneur and industrialist based in Kolkata. He is the chairman of the Apeejay Surrendra Group, a conglomerate with interests in tea, hospitality, and real estate. Paul has been associated with the Punjab Kings franchise since 2018.

Punjab Kings Ownership Structure

The Punjab Kings franchise is owned and operated by KPH Dream Cricket Private Limited, which is co-owned by Mohit Burman, Preity Zinta, Ness Wadia, and Karan Paul. The ownership structure of the franchise has remained largely unchanged since 2014, when the Mohit Burman-led consortium acquired the team.

Conclusion

In conclusion, the Punjab Kings franchise is owned and operated by KPH Dream Cricket Private Limited, co-owned by Mohit Burman, Preity Zinta, Ness Wadia, and Karan Paul. Burman holds the highest stake in the team, with Zinta and Wadia owning equal shares, while Paul has a smaller stake. With a dedicated ownership group and a talented roster, the Punjab Kings are well-poised to continue their success in the IPL.