Punjab Kings Owner: Punjab Kings (PBKS), formerly known as Kings XI Punjab is a franchise cricket team that competes in the Indian Premier League (IPL).
The team was founded in 2008 and has gone through several changes in ownership over the years.
In this article, we will take a closer look at the current owners of Punjab Kings and the history of the franchise.
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Punjab Kings 2023 Details
|Indian Premier League (IPL)
Who is the Owner of PBKS in 2023?
The Punjab Team Owner in 2023 is KPH Dream Cricket Private Limited, co-owned by Mohit Burman of Dabur India, Bollywood actress Preity Zinta, Ness Wadia of the Wadia’s group, and Karan Paul. Burman holds the highest stake (46%), followed by Zinta and Wadia (23% each), while Paul owns an 8% stake.
Punjab Kings Ownership Structure 2023
Punjab Kings is currently owned by the Mohit Burman-led consortium, which acquired the franchise in 2014. 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.
PBKS Team History
Punjab Kings was one of the original eight teams that participated in the inaugural season of the Indian Premier League in 2008. The team was originally owned by the Dabur Group and had a number of star players on its roster, including the likes of Yuvraj Singh and Brett Lee.
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.
Under the new ownership, the team has seen a resurgence in performance, with several strong showings in the IPL. In 2014, the team finished in the top 4, and in 2018, they reached the final but were defeated by Chennai Super Kings.
PBKS is currently owned by the Mohit Burman-led consortium and has a rich history in the Indian Premier League. The team has gone through several changes in ownership and management but has seen a resurgence in performance in recent years. With a talented roster and a dedicated ownership group, Kings XI Punjab is poised to continue its success in the years to come.
Frequently Asked Question
Who currently owns Punjab Kings?
Punjab Kings is currently owned by the KPH Dream Cricket Private Ltd., which is owned by the Bharat Pe Group.
What was the previous name of Punjab Kings?
The previous name of Punjab Kings was Kings XI Punjab.
How has the ownership of Punjab Kings changed over the years?
Kings XI Punjab was one of the original eight teams that participated in the inaugural season of the Indian Premier League in 2008. The team was originally owned by the Dabur Group. In 2014, the franchise was acquired by the Mohit Burman-led consortium. In 2020, the franchise was acquired by the Bharat Pe Group and was rebranded as Punjab Kings.