The Punjab Kings (often abbreviated as PBKS) is one of the foundational teams of the Indian Premier League (IPL). Known for its passionate fan base and explosive style, the franchise has an ownership structure that combines business acumen with celebrity influence. Understanding who owns Punjab Kings gives insight into how the team operates both on and off the cricket field.
In this article, we’ll dive into the complete ownership details of Punjab Kings, how the ownership came together, key stakeholders, their backgrounds, and the business entity behind the franchise.
Ownership Structure of Punjab Kings
Punjab Kings is owned by KPH Dream Cricket Private Limited, a company formed specifically for holding the IPL franchise. The team is co-owned by four principal stakeholders:
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Mohit Burman – ~46–48% stake
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Ness Wadia – ~23% stake
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Preity Zinta – ~23% stake
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Karan Paul – ~6–8% stake
This ownership group has remained consistent since the franchise’s early days, though the team name was changed from Kings XI Punjab to Punjab Kings in 2021 to modernize its brand identity.
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How the Ownership Began
When the Indian Premier League was established in 2008, investors bid for franchise rights. KPH Dream Cricket Pvt. Ltd. won the Punjab franchise for approximately $76 million, payable over a 10-year period.
The consortium brought together established business figures and a Bollywood celebrity, giving the team both financial strength and mass appeal.
Meet the Owners
Mohit Burman – Majority Stakeholder
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Role: Chairman of Dabur India Ltd.
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Stake: Largest share (about 46–48%)
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Background: Mohit Burman is an Indian businessman from the renowned Burman family, known for their leadership of Dabur, one of India’s largest FMCG companies. He holds leadership positions in various companies and has significant experience in corporate governance, making him the key decision-maker for Punjab Kings.
Burman’s involvement gives PBKS not just financial stability but deep business strategy insights, especially as IPL franchises expand into digital content and brand partnerships.
Preity Zinta – Celebrity Power and Passion
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Role: Co-owner and public face of PBKS
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Stake: Roughly 23%
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Background: Preity Zinta is a popular Bollywood actress and entrepreneur. She has been actively involved with the team since its inception, often seen cheering from the stands at IPL matches. Her involvement adds star power and connects the franchise with a broader fanbase.
Zinta has also been known to take a hands-on approach during auctions and promotional events, making her one of the most visible IPL co-owners.
Ness Wadia – Business Expertise
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Role: Co-owner
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Stake: Approximately 23%
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Background: Ness Wadia represents the Wadia Group, a prominent Indian business conglomerate. With a strong background in textiles and management, Wadia brings corporate strategy and financial insight to PBKS operations.
He has also been vocal about franchise branding decisions, including the IPL name change in 2021.
Karan Paul – Strategic Investor
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Role: Co-owner
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Stake: Around 6–8%
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Background: Karan Paul is part of the Apeejay Surrendra Group, a diversified business group in India. While he holds a smaller percentage compared to the other co-owners, his investment and business insight support PBKS’s broader commercial strategies.
Punjab Kings: Brand Value and Growth
While the owners have yet to win an IPL title, the franchise has grown significantly as a brand. As of 2025, PBKS’s estimated brand value was around $68 million, reflecting strong fan engagement and commercial growth.
Owners have also explored broader opportunities beyond the IPL, including partnerships and strategic marketing initiatives aimed at growing PBKS at a global scale.
Recent Developments in Ownership Dynamics
In 2025, there were public reports about internal disputes within PBKS’s management circle. Bollywood actress Preity Zinta reportedly took legal action against fellow co-owners regarding procedures related to an Extraordinary General Meeting (EGM). These disputes highlight the complexities that can arise when business interests and cricket administration intersect, especially in high-value franchises like PBKS.
Impact of Ownership on Team Identity
The mix of business leadership and celebrity ownership has shaped Punjab Kings in unique ways:
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Business Strategy: Mohit Burman’s corporate leadership ensures long-term stability and strategic planning.
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Brand Appeal: Preity Zinta’s celebrity influence helps PBKS maintain strong fan engagement.
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Corporate Backing: Ness Wadia and Karan Paul contribute financial and operational expertise.
This blend helps PBKS stand out as a franchise that balances business goals with fan passion and entertainment value.
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Conclusion
The ownership of Punjab Kings is a blend of strategic business minds and celebrity influence. With Mohit Burman holding the largest share backed by strong corporate leadership, and co-owners like Preity Zinta, Ness Wadia, and Karan Paul adding brand appeal and financial backing, the franchise is well-positioned for growth both on and off the cricket field.
Despite not yet winning an IPL title, the team’s value, fan base, and market presence continue to grow. As the IPL expands globally, PBKS’s ownership structure combines the right mix of strategy, stability, and visibility — making it a franchise to watch in the coming years.
FAQs
1. Who currently owns the Punjab Kings IPL team?
Punjab Kings is owned by KPH Dream Cricket Private Limited, with co-owners Mohit Burman, Ness Wadia, Preity Zinta, and Karan Paul.
2. Which owner holds the largest share in PBKS?
Mohit Burman holds the largest stake, approximately 46–48% of the franchise.
3. Is a Bollywood celebrity an owner of PBKS?
Yes, Bollywood actress Preity Zinta owns about 23% of Punjab Kings.
4. Has Punjab Kings ever won the IPL?
As of 2025, Punjab Kings has yet to win an IPL title but remains a popular and competitive team.
5. What company owns Punjab Kings?
The franchise is owned by KPH Dream Cricket Private Limited, formed in 2008 to manage the team’s interests.
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