Who Owns Punjab Kings?

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Who Owns Punjab Kings?

Punjab Kings (PBKS) are one of the original IPL franchises, competing in the league since 2008. Based in Punjab, the team has always brought passion and energy to the tournament, even though the IPL trophy has remained elusive so far.

Despite ups and downs on the field, PBKS has built a loyal and dedicated fanbase that continues to support the team through thick and thin. A key factor in the franchise’s journey is its ownership by KPH Dream Cricket Private Limited, which has ensured that PBKS remains a competitive and vibrant presence in the IPL.

Here’s a closer look at the owners behind Punjab Kings who manage the franchise behind the scenes.

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Who is the owner of Punjab Kings?

Punjab Kings (PBKS) are owned by KPH Dream Cricket Private Limited, a group made up of several notable personalities: Mohit Burman, Preity Zinta, Ness Wadia, and Karan Paul.

  • Mohit Burman is the largest shareholder and the steady hand behind PBKS. A businessman from the Dabur India family, he has also invested in other sports ventures, bringing experience and stability to the team.

  • Preity Zinta adds the glamour factor. She is always visible at matches, passionately cheering for the team, and actively participates in auctions and team decisions.

  • Ness Wadia, from the Wadia Group (the family behind brands like Britannia), brings business acumen to the franchise. Despite his past personal relationship with Preity Zinta, they have maintained a professional partnership in running PBKS.

  • Karan Paul plays a supporting role, contributing his own business expertise to the ownership group.

Together, these owners combine business experience, star power, and passion for cricket, creating a unique leadership mix for PBKS.

PBKS Owner Share Percentage​

The ownership structure of Punjab Kings is divided as follows:

  • Mohit Burman (Dabur India) holds the largest share at 46%, serving as the guiding force behind the team.

  • Preity Zinta (Bollywood actress) and Ness Wadia (Wadia Group) each own 23%, combining star power with business acumen.

  • Karan Paul, a seasoned businessman, holds the remaining 8%.

This diverse ownership group blends business expertise, celebrity influence, and passion for cricket, and they have been running PBKS since its inception, continuing to work toward turning the franchise into IPL champions.

PBKS Owner’s Net Worth

Mohit Burman Net Worth

As the Chairman of Dabur India, Mohit Burman and the Burman family have a collective net worth of $10.4 billion. In October 2024, the Burman family was ranked 23rd on the Forbes list of India’s 100 richest tycoons.

Preity Zinta Net Worth

Punjab Kings owner Preity Zinta 
Bollywood actress Preity Zinta has an estimated net worth of over ₹150 crore. She has built her fortune through her successful film career, business ventures, and ownership of Punjab Kings.

Ness Wadia Net Worth

According to Bloomberg, Ness Wadia is the 11th richest Indian, with a net worth of $7.1 billion. His wealth includes his stake in the Wadia Group, which has interests in multiple industries, including cricket through Punjab Kings.

Karan Paul Net Worth

An Indian businessman and Chairman of the Apeejay Surrendra Group, Karan Paul’s exact net worth is undisclosed. After 12 years of experience at various levels in the group, he became Chairman in 2004, managing businesses like Apeejay Tea, Apeejay Shipping, and Apeejay Schools.

PBKS Owner’s Controversies

Since its inception, Punjab Kings hasn’t stayed completely away from controversies:

  • Termination by BCCI in 2011: The BCCI terminated PBKS’s contract over alleged agreement violations. The team challenged the decision in court and was reinstated after paying a ₹1 crore fine.

  • Preity Zinta vs Ness Wadia (2014): Preity accused Ness of molestation during a match at Wankhede Stadium. The case lasted four years before Preity withdrew the complaint, and the two owners reportedly resolved the matter amicably.

  • Share Dispute: Rumours suggested that Mohit Burman wanted to sell part of his shares to a third party, which Preity Zinta opposed, insisting that shares should first be offered to current owners. While nothing was officially confirmed, the issue appears to have been settled.

These incidents show that PBKS has faced its fair share of challenges, but the owners have largely managed to maintain professionalism and keep the team moving forward.

Other Teams Owned by PBKS’s Owners: Business Ventures and Affiliations 

While the Punjab Kings currently do not have sister teams in global T20 leagues, the franchise has built strong brand partnerships to remain financially robust and connected with fans.

  • Title Partner: Dream11

  • Principal Sponsors: BKT, Jio, A23, Kent RO, Hindware, Astral Pipes

  • Official Partners: Advance, Avon, Dazzler, Verka

  • Special Partnerships: Lava (handset partner), Timex (time partner), Campa (pouring partner)

  • Ticketing Partner: Insider Paytm

  • Merchandise Partners: Play R, Polaroid, FanCode, ShopTheArena, Six5Six, DudeMe

These collaborations help PBKS maintain a strong commercial presence, enhance fan engagement, and ensure the team stays competitive both on and off the field.

Also Read:

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FAQs: Punjab Kings Owners

Q.1. Who are the investors in Punjab Kings?

Answer: In 2008, three industrialists, Mohit Burman (Dabur), Ness Wadia (Bombay Dyeing) and Karan Paul (Apeejay Group) had joined hands with Bollywood celebrity, Preity Zinta, to acquire the Kings XI Punjab franchise at $76m.

Q.2. How much of Punjab Kings does Preity Zinta own?

Answer: PBKS’s ownership is divided as Mohit Burman (48%), Ness Wadia (23%), Preity Zinta (23%), and Karan Paul (6%).

Q. 3. What is the tagline of Punjab Kings?

Answer: Punjab Kings’ tagline for the 2025 IPL season is “Bas Jeetna Hai”, which translates to “We Just Need to Win”. This tagline reflects the team’s unwavering determination and winning mindset as they gear up for the season.

Q.4. What is the full name of Punjab Kings?

Answer: Formerly known as Kings XI Punjab (KXIP), it is now called Punjab Kings (PBKS). The name change was announced on February 17, 2021, before the start of the 2021 Indian Premier League season.

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