Who are the team owners in IPL?

Last Modified Mar 22, 2025 17:13 IST
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Shah Rukh Khan, majority owner of the Kolkata Knight Riders. Source: Getty Images

The Indian Premier League is where cricket meets corporate houses. Since its inception in 2008, several top corporations have been the proud owners of their franchises. For example, the Mukesh Ambani-led Reliance Group owns the Mumbai Indians. Similarly, top movie personalities like Shah Rukh Khan and Preity Zinta have also been involved in the Indian Premier League. Khan holds a majority stake in the Kolkata Knight Riders while Zinta is one of the four co-owners of the Mohali-based Punjab Kings.

Owning an IPL franchise is a tremendous responsibility, as one has to manage the financial side of things and also showcase immense talent spotting and man-management skills. The functioning of a franchise and the major decisions involved cannot go ahead without the nod of the team owners, as is the case with every organization. With the 18th edition of the lucrative T20 league on the horizon, let's take a look at the owners of each of the 10 teams in IPL 2025:

IPL's team owners

Mumbai Indians IPL 2025 owners

The Reliance Group, headed by Indian business tycoon Mukesh Ambani, owns the joint-most successful IPL team. Indiawin Sports Private Limited, a Reliance Industries-owned company, owns and operates Mumbai Indians. Nita Ambani, the wife of Mukesh Ambani, is the co-owner of the franchise. Aakash Ambani, the eldest son of Nita and Mukesh, is the other co-owner of the five-time IPL champions. Nita and Aakash have always been active in the operations and other functions of the team. The owners of Mumbai Indians own three more sister franchises in other leagues, including a women's team in the Women's Premier League. (via their official website)

Chennai Super Kings IPL 2025 owners

Chennai Super Kings is owned by India Cements Limited via the Chennai Super Kings Cricket Limited holding company. The Chennai Super Kings Cricket Limited was formed in December 2014 and gained the team rights from its parent company, India Cements. It is registered as a non-governmental company. Former Board of Control for Cricket in India (BCCI) president N Srinivasan, who is the Vice Chairman and Managing Director at India Cements, is the key decision-maker in the franchise. (via their official website)

Kolkata Knight Riders IPL 2025 owners

The ownership of KKR is divided between two groups, with renowned Indian actor Shah Rukh Khan-owned Red Chillies Entertainment having 55% stakes in the franchise. The Mehta Group, headed by Jay Mehta and Juhi Chawla, enjoys the remaining 45% ownership. SRK manages to be face of the franchise, while the management and operations of the franchise are mostly taken care of by the Mehta Group. (via their official website)

Rajasthan Royals IPL 2025 owners

The Rajasthan Royals have seen several changes in their leadership over the years. Manoj Badale's Emerging Media IPL Ltd. holds the majority stake in the franchise (65%). RedBird Capital Partners, which is based in New York City, New York, enjoys 15% ownership of the Jaipur-based franchise. Garry Cardinale is the founder of RedBird Capital Partners and also the face of the group when it comes to representing the Royals. Lachlan Murdoch of Fox Corporation also has an undisclosed share in the Rajasthan Royals.

Sunrisers Hyderabad IPL 2025 owners

The Sun Group, led by Kalanithi Maran, owns the Hyderabad-based franchise. Kavya Maran, who is the daughter of Kalanithi, is the Chief Executive and co-owner of the franchise. Kavya has been overseeing the operations of the franchise since 2020. She calls the shots at the auction table and is omnipresent in the stadium whenever the Sunrisers Hyderabad are in action. (via their official website)

Gujarat Titans IPL 2025 owners

Gujarat Titans is one of the two franchises that entered the fray in IPL 2022 as part of the Board of Control for Cricket in India's desire to add two more teams to the lucrative league, making it a 10-team tournament. CVC Capital Partners, a British private equity and investment advisory firm, purchased the franchise for a whopping bid of INR 5625 crore in October 2021. However, earlier this year, CVC Capital Partners sold a 67 percent stake in the franchise to the Ahmedabad-based Torrent Group for INR 5035 crore. The BCCI gave its approval to the transfer of control from CVC Capital Partners to the multinational conglomerate that largely deals in the pharmaceuticals and energy sector ahead of the 18th season of the Indian Premier League. (via their official website)

Royal Challengers Bengaluru IPL 2025 owners

Royal Challengers Bengaluru is owned by United Spirits Limited (USL), a subsidiary of the Diageo Group company. Prathmesh Mishra took over the role of RCB chairman from Anand Kripalu in July 2021. They also bought stakes in the Women's Premier League with a franchise worth INR 971 crore. (via their official website)

Delhi Capitals IPL 2025 owners

The Delhi Capitals is jointly owned by the GMR Group (Grandhi Mallikarjuna Rao) and the JSW Group (Jindal South West). Both parties have equal shares in the Delhi-based franchise. Parth Jindal, the director of JSW Sports, is the chairman of Delhi Capitals. He looks after the auction process not only in IPL but also for the sister franchises of Delhi Capitals in the Women's Premier League and overseas T20 leagues. Parth runs the operations along with Kiran Kumar Grandhi, who is the CEO and MD of the GMR Group. (via their official website)

Punjab Kings IPL 2025 Owners

Punjab Kings is owned by KPH Dream Cricket Pvt. Ltd. The company is jointly owned by Mohit Burman (Chairman Dabur India), Ness Wadia (Wadia Group), Preity Zinta (PZNZ Media), and Karan Paul (Apeejay Surrendra Group). Burman owns a 46 percent stake in the franchise. Preity and Wadia have an equal share of 23 percent while Paul has an 8 percent stake in the Mohali-based franchise. (via their official website)

Lucknow Super Giants IPL 2025 Owners

The Sanjiv Goenka-owned RPSG Group won the rights to acquire the Lucknow Super Giants franchise with a bid of Rs 7090 crore in October 2021. RPSG Group previously owned the Rising Pune Supergiant team in the IPL during the 2016 and 2017 seasons. (via their official website)

List of team owners in the IPL

Teams Owner(s)
Mumbai IndiansNita Ambani, Aakash Ambani (Reliance Industries)
Chennai Super Kings N Srinivasan (India Cements Limited)
Royal Challengers BengaluruPrathmesh Mishra (Chairman at United Spirits Limited)
Delhi CapitalsKiran Kumar Grandhi (GMR Group), Parth Jindal (JSW Group)
Kolkata Knight RidersShah Rukh Khan (Red Chillies Entertainment), Jay Mehta, Juhi Chawla (Mehta Group)
Gujarat TitansSudhir and Samir Mehta (Torrent Group), Siddharth Patel (CVC Capital Partners)
Sunrisers HyderabadKalanithi Maran and Kavya Maran (Sun Network)
Rajasthan Royals Manoj Badale (Emerging Media Pvt Ltd), Lachlan Murdoch (Fox Media), and Gerry Cardinale (RedBird Capital Partners)
Lucknow Super GiantsSanjiv Goenka (RPSG Group)
Punjab KingsMohit Burman (Dabur), Ness Wadia (Wadia Group), Preity Zinta (PZNZ Media), Karan Paul (Apeejay Surrendra Group)

FAQs on IPL

A. The Mukesh Ambani-led Reliance Industries owns the Mumbai Indians via its subsidiary, Indiawin Sports.

A. The Ahmedabad-based Torrent Group acquired a 67% stake in the Gujarat Titans from CVC Capital ahead of the 2025 edition of the Indian Premier League.

A. Shah Rukh Khan's Red Chillies Entertainment holds a 55% stake in the Kolkata Knight Riders. The remaining stake is owned by the Mehta Group.

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