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.
Related Reading
Kings XI Punjab’s fellow IPL franchises include Chennai Super Kings and Delhi Capitals.