Punjab Kings : Punjab Kings (PBKS), previously known as Kings XI Punjab, is a popular franchise cricket team that takes part in the highly esteemed Indian Premier League (IPL). The team has undergone several changes in ownership over the years since its inception in 2008.
As one of the first teams to participate in the IPL, Punjab Kings has struggled to achieve regular success on the pitch, despite being one of the founding members of the competition. To improve their fortunes, the franchise went through a significant rebranding in 2021, changing their name to Punjab Kings with the hope of revitalizing the team and engaging both players and fans.
The current ownership of Punjab Kings comprises a group of corporate giants, including Mohit Burman, Ness Wadia, Preity Zinta, and Karan Paul. This ownership group brings with them a wealth of commercial and cricketing expertise and is committed to investing in the team’s infrastructure and talent pool.
Despite their struggles on the field, Punjab Kings remains a formidable team in the IPL, and with the current ownership group’s focus on creating a strong squad and using resources effectively, they are well-positioned to thrive and elevate the franchise’s status in the coming years.
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Punjab Kings 2024 Details
|Indian Premier League (IPL)
Who is the Owner of PBKS in 2024?
“From the business world to Bollywood, the Punjab Kings have a star-studded ownership group in 2023! KPH Dream Cricket Private Limited, co-owned by Dabur India’s Mohit Burman, the iconic actress Preity Zinta, Ness Wadia of the Wadia’s group, and Karan Paul, is the force behind the Kings’ success.
With Burman holding the majority stake at 46%, Zinta and Wadia each holding 23%, and Paul owning 8%, this dynamic team of owners is driving Punjab Kings towards victory in the upcoming season. Get ready to witness the power of celebrity and business prowess come together on the cricket field!”
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Punjab Kings Ownership Structure 2024
The Punjab Kings have been in the hands of a successful consortium led by Mohit Burman since 2014. Burman, a renowned Indian businessman and investor, also serves as the Deputy Managing Director of Dabur India Limited, a major player in India’s Ayurvedic medicine industry.
With his strong leadership and business acumen, Burman has been a driving force behind the Kings’ progress on and off the field. Discover more about the man who has brought his business expertise to the world of cricket and helped shape the Punjab Kings into the powerhouse they are today!
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PBKS Team History
“From humble beginnings to the glitz and glamour of the Indian Premier League, the Punjab Kings have had a rollercoaster ride since their inception in 2008. Originally owned by the Dabur Group and boasting a star-studded lineup that included Yuvraj Singh and Brett Lee, the team struggled to find their footing in the early years of the IPL.
Ownership changes and management shuffles followed, until in 2014, the dynamic Mohit Burman-led consortium took the reins and rebranded the team as the Kings XI Punjab. Since then, it’s been a story of resurgence and triumph.
The Kings have showcased their mettle with impressive performances, finishing in the top 4 in 2014 and reaching the final in 2018, albeit losing to the mighty Chennai Super Kings. Discover the highs and lows of this team’s journey and how they have emerged stronger than ever under their visionary owners!”
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“Experience the full spectrum of the Indian Premier League with the Punjab Kings – a team with a rich history and a bright future. Despite undergoing numerous changes in ownership and management, the squad has remained steadfast in its pursuit of glory.
Now, the PBKS franchise is proudly owned by a group of distinguished investors and businessmen, helmed by the visionary leadership of Mohit Burman. With a dynamic roster of talented players and a dedicated ownership group, the Kings XI Punjab have made a stunning comeback in recent years, establishing themselves as a major force in the IPL. Discover the incredible journey of this team, and witness their unwavering determination to continue their winning ways in the years ahead, only with the Punjab Kings!”
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FAQ’s – Frequently Asked Question
Who is the current owner of Punjab Kings?
The Punjab Kings are currently owned by KPH Dream Cricket Private Ltd. Mohit Burman, Preity Zinta, Ness Wadia and Karan Paul are the joint PBKS owner for the 2023 edition of the Indian Premier League (IPL)
What name did the Punjab Kings go by before their current name?
The team formerly known as Kings XI Punjab is now called the Punjab Kings.
What are the changes that have taken place in the ownership of Punjab Kings over the years?
Kings XI Punjab was among the first eight teams to compete in the Indian Premier League during its inaugural season in 2008. The team was initially owned by the Dabur Group, but in 2014, it was acquired by a consortium led by Mohit Burman. Later in 2020, the franchise was acquired by the Bharat Pe Group, leading to a rebranding of the team as Punjab Kings. With this new ownership, the Punjab Kings have their sights set on further success in the IPL, and their journey continues with renewed vigor and passion.