The Delhi Capitals owners for the 2024 season are the GMR Group and the JSW Group. The net worth of the franchise as of 2024 is US$64 million.
Owner | Duration |
GMR Group | 2008-2018 |
GMR Group (50%) and JSW Group (50%) | 2018- Present |
The Delhi Capitals (DC) is a franchise cricket team in the Indian Premier League (IPL). The Delhi-based franchise was one of the original eight teams that participated in the inaugural IPL season in 2008.
Initially, the GMR Group owned the franchise with the name being Delhi Daredevils. In 2018, GMR Group sold 50% stakes of the franchise to JSW Sports for INR 550 crore. Soon after, the franchise was renamed as Delhi Capitals.
Who are the DC Owners?
Delhi Capital owners 2024 are GMR Group and JSW Group. Based out of the nation’s capital, the Delhi Capitals have participated in all seasons of the Indian Premier League. Formerly known as Delhi Daredevils, the GMR Group, a property development company, bought the franchise for USD 84 Million in 2008.
After a decade, the JSW Group joined the DC Owners group by buying 50% of the stake for INR 550 crore. JSW Group is among India’s leading multinational conglomerates worth USD 13 billion. The group has been active in sectors like steel, cement, infrastructure, ports, minerals, and energy in India as well as in overseas countries.
All DC Owners
Delhi Capitals is co-owned by JSW Group and GMR Group. Last year, the franchise appointed Vinod Bisht as its interim CEO. Bisht was with the Indian army as a paratrooper for two decades.
Parth Jindal is the Director of JSW Sports and runs the Delhi Capitals along with veteran businessman Kiran Gandhi, who is the CEO, MD, and director of GMR Infrastructure. Both Gandhi and Jindal have regularly attended IPL events representing the Delhi Capitals.
Net Worth of Delhi Capitals in 2024 - USD 64 Million
According to reports, Delhi Capitals has a net worth of approximately USD 64 million, which equals around INR 533 crore. While the franchise has been unable to capture the IPL trophy since the inception of the cash-rich league, its brand value continues to soar thanks to its skipper Rishabh Pant.
The Rishabh Pant-led franchise will look to break the duck in IPL 2024.