Published 12:02 IST, April 10th 2020
Who owns Kings XI Punjab? All about the IPL team's 4 owners and its increased brand value
Kings XI Punjab is one of the original eight IPL franchises since its inaugural 2008 edition. Their best performance remains their runners-up campaign in 2014.
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Kings XI Punjab is one of original eight franchises that launched inaugural edition of Indian Premier League (IPL) in 2008. While T20 team is yet to win an IPL title, y still have a strong fanbase as evident from ir social media presence and capacity crowds during ir home matches. y are co-owned by Mohit Burman (Dabur), Ness Wadia (Wadia Group), Priety Zinta (PZNZ Media) and Karan Paul (Apeejay Surrendra Group).
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Who owns Kings XI Punjab in a glance
Who owns Kings XI Punjab? – Mohit Burman (Dabur)
Dabur is one of largest Ayurvedic medicine and natural consumer products manufacturer of India. Mohit Burman, who owns 46% of shares in Kings XI Punjab, is director of Dabur India Ltd.
Who owns Kings XI Punjab? – Ness Wadia (Bombay Dyeing)
Ness Wadia’s Bombay Dyeing is flagship company of Wadia Group. Ness Wadia is also one of co-owners of Kings XI Punjab. He currently holds 23% of shares in franchise.
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Who owns Kings XI Punjab? – Preity Zinta (PZNZ Media)
Bollywood actress Preity Zinta is easily most recognisable face associated with Kings XI Punjab due to her immense popularity in Indian film industry. She is often seen visiting Kings XI Punjab matches, be it ir home fixtures or away. Preity Zinta is founder of a production company PZNZ Media, which has been a co-owner of Punjab-based side since 2008. As per latest estimates, PZNZ Media also owns a 23% stake in popular IPL team.
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Who owns Kings XI Punjab? – Karan Paul (Apeejay Surrendra Group)
Karan Paul is chairman of Apeejay Surrendra Group, which owns 8% stake in Kings XI Punjab. Apeejay Surrendra Group is a privately-owned family business and it was founded in 1910. It is one of India’s oldest and largest business conglomerates.
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Kings XI Punjab brand value
According to statista.com, Kings XI Punjab’s brand value is estimated to be around US$51 million (₹388 crore) as of December 2019. With presence of KL Rahul, Chris Gayle and Mohammed Shami in side, it is reported that ir brand value has gradually increased since last two seasons. According to sports.info, ir brand value was US$41 million (₹311 crore) in 2017 and it went up by 26 percent.
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Disclaimer: above ‘Who own Kings XI Punjab’ net worth information and shares details is sourced from various websites and media reports. website does t guarantee a 100% accuracy of figures.
12:02 IST, April 10th 2020