Kings XI Punjab rebranded to Punjab Kings in February 2021, but the ownership group has stayed the same four-way partnership since the franchise’s founding: Mohit Burman, Preity Zinta, Ness Wadia, and Karan Paul.
Mohit Burman, Chairman of Dabur India Ltd., holds the largest share at 46%. Actress Preity Zinta and businessman Ness Wadia each hold 23%, while Karan Paul, Chairman of the Apeejay Surrendra Group, holds the remaining 8%. Zinta remains the most publicly visible owner, regularly attending matches and auctions and serving as the face of the franchise.
Quick Facts
| Team | Punjab Kings (formerly Kings XI Punjab) |
|---|---|
| Largest Owner | Mohit Burman, 46% |
| Co-Owners | Preity Zinta (23%), Ness Wadia (23%), Karan Paul (8%) |
| Founded | 2008 |
| Renamed | February 2021 (Kings XI Punjab → Punjab Kings) |
| Best Finish | Runners-up (2014, 2025) |
Ownership History
| Year | Development |
|---|---|
| 2008 | Franchise founded as Kings XI Punjab under the Burman, Zinta, Wadia, and Paul ownership group |
| 2014 | Team finishes as IPL runners-up, losing the final to Kolkata Knight Riders |
| 2021 | Team rebrands from Kings XI Punjab to Punjab Kings |
| 2025 | Punjab Kings finishes as runners-up again, losing the final to Royal Challengers Bengaluru |
| 2026 | Ownership remains stable across the same four-person group since 2008, with Burman holding the largest stake |
Key Ownership Highlights
- Punjab Kings is one of the few IPL teams with an unchanged ownership group since the league’s 2008 launch, unlike several other original franchises that have changed hands.
- Preity Zinta’s celebrity profile has made her arguably the most publicly recognized IPL team owner, distinct from the largely business-focused ownership groups at most other franchises.
- Despite two runner-up finishes (2014 and 2025), the franchise has yet to win an IPL title as of 2026.
FAQ
Who owns Punjab Kings?
Mohit Burman (46%), Preity Zinta (23%), Ness Wadia (23%), and Karan Paul (8%) jointly own the franchise.
When did Kings XI Punjab become Punjab Kings?
The team rebranded to Punjab Kings in February 2021.
