The IPL isn't just a cricketing festival; it's a multi-billion-dollar business empire of passionate ownership groups. These individuals, industry, and media giants, play a crucial role in shaping their franchises' identities and driving their success. IPL 2025 has begun on 22nd March, where we are seeing a fascinating mix of familiar faces dominating the ownership scenario in IPL. 

Let's check who is the owner of IPL team in India. The stories of these team owners, exploring their business empires, their vision for their respective teams, and their impact on the IPL ecosystem.

IPL Team Owners List

Here is a list of the current owners of IPL teams:

IPL Franchise Ownership Breakdown

CSK Team Owner - N. Srinivasan

N. Srinivasan, the former president of the BCCI, is the owner of the Chennai Super Kings (CSK). Under his ownership, CSK has become one of the most successful franchises in IPL history, winning five IPL titles. Srinivasan's experience in cricket administration and his association with India Cements have been crucial to CSK's consistent performance. Founded in 2008, CSK is owned by India Cements, with N. Srinivasan at the helm. Despite facing a two-year ban, CSK and its ownership made a strong comeback and earned the reputation of being the strongest team in IPL history.

MI Team Owner - Reliance Industries

The Mumbai Indians, a five-time IPL champion, is owned by Mukesh and Nita Ambani, two of the wealthiest individuals in India, through their company, Reliance Industries. The Ambani family purchased the Mumbai franchise in 2008 and has since built one of the strongest teams in the tournament. Reliance Industries, one of India's largest corporations, oversees the Mumbai Indians (MI). While Mukesh Ambani is the official owner, his wife, Nita Ambani, a passionate cricket fan, and their son, Akash Ambani, play active roles in managing the franchise. Their substantial resources and commitment to excellence have helped MI become one of the most successful teams in IPL history, with a record of five championships.

RCB Team Owner - United Spirits

The Royal Challengers Bangalore (RCB) is owned by United Spirits Limited and is one of the most famous and followed franchises in the Indian Premier League (IPL). Vijay Mallya, the former chairman of Kingfisher Airlines and United Spirits, initially purchased the team. Although Kingfisher Airlines is no longer in operation, United Spirits remains the sole owner of RCB. The team has finished as runner-up three times in the IPL. Despite never winning an IPL trophy, the Royal Challengers Bangalore continues to be one of the most loved and popular teams in the league. RCB was founded in 2008.

Also read: IPL 2025 Captains List: Team Skippers and Coaches

DC Team Owner - GMR Group & JSW Sports

The Delhi Capitals (DC) are co-owned by two of India's prominent industrial giants: the GMR Group and JSW Sports. The GMR Group, known for its expertise in infrastructure and aviation, provides financial stability and a global perspective to the franchise. Meanwhile, the JSW Group, a conglomerate involved in steel and energy, brings valuable business acumen and a commitment to nurturing young talent.

Originally named the Delhi Daredevils, the Delhi Capitals are one of the oldest teams in the Indian Premier League (IPL), having been established in 2008. The joint ownership by GMR Group and JSW Group makes them the franchise's co-owners.

GT Team Owner - CVC Capital Partners

The 2023 champions, Gujarat Titans (GT), are owned by CVC Capital Partners, a global private equity and investment advisory firm. CVC entered the IPL scene in 2022, bringing a fresh perspective and a focus on data-driven decision-making to franchise ownership. Their expertise in sports investments has enabled them to build a strong core team through strategic player acquisitions, leading to GT's unexpected victory in 2023.

As one of the newest teams in the IPL, the Gujarat Titans made history by winning the IPL trophy in their debut season. The Gujarat Titans are jointly owned by the Torrent Group and CVC Capital Partners.

Also read: Impact Player Rule in IPL 2025

KKR Team Owners - Shah Rukh Khan, Juhi Chawla, and Jay Mehta

The Kolkata Knight Riders (KKR) ownership is a fascinating mix of Bollywood and business. Red Chillies Entertainment, co-owned by superstar Shah Rukh Khan and actress Juhi Chawla, brings star power and a strong brand identity to the franchise. The Mehta Group, led by Jay Mehta, provides financial stability and business expertise. This unique partnership allows KKR to leverage both celebrity appeal and business sense.

LSG Team Owner - Sanjiv Goenka

The Lucknow Super Giants (LSG) are owned by Sanjiv Goenka, the chairman of the RPG Group, a diversified conglomerate with interests in energy, IT, and FMCG sectors. Goenka's entry into the IPL signifies his ambition to establish LSG as a major player in the league.

Impact on LSG: Goenka's financial backing has allowed LSG to build a strong team through strategic player auctions and franchise acquisitions. The RPSG Group previously owned the Rising Pune Supergiant franchise in IPL from 2016 to 2017.

PBKS Team Owner - Preity Zinta, Ness Wadia, Mohit Burman and Karan Paul

Punjab Kings (earlier known as Kings XI Punjab) is owned by actress Preity Zinta, businessman Ness Wadia, and industrialists Mohit Burman and Karan Paul. Punjab Kings have been one of the underperforming teams throughout the IPL history, with just two playoffs appearances and one final appearance in 16 seasons.

RR Owner - Manoj Badale

Rajasthan Royals is owned by businessman Manoj Badale-led Royals Sports Group (Emerging Media Sporting Holdings Limited), which holds a 65% stake in the team. The team is based out of Jaipur and won the very first season in 2008. Interestingly, Rajasthan Royals is cheapest of all the eight teams bought in IPL 2008.

Also read: Which Team Is the Most Successful Team in IPL?

SRH Team Owner - Kalanithi Maran

Sunrisers Hyderabad is owned by Sun TV Network, a major media conglomerate headed by Kalanithi Maran. He acquired the franchise after the previous Hyderabad-based team, the Deccan Chargers, was removed from the Indian Premier League (IPL) ahead of the 2013 season. His daughter, Kaviya Kalanithi Maran, is a familiar face at Sunrisers Hyderabad matches, frequently attending both home and away games. The group also owns Sunrisers Eastern Cape, a franchise in South Africa’s SA20 league.

In the IPL, team owners are more than just financial investors—they are visionary leaders, brand architects, and passionate influencers who shape their team’s identity. Their strategic direction, commitment, and resources play a vital role in steering their franchises and influencing the competitive spirit of the league.

FAQs

Who is the RCB owner?

United Spirits Limited owns Royal Challengers Bangalore (RCB).

Who is the owner of CSK team?

Chennai Super Kings (CSK) is owned by Chennai Super Kings Cricket Limited, a company co-founded by N Srinivasan and India Cements Ltd.

Who is the richest IPL owner?

Mukesh Ambani, owner of Mumbai Indians, is considered one of the wealthiest individuals in India.

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