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IPL team owners eye market listing PE fundraising
September 04, 2023
|Mint Mumbai
Naman Suri, Gaurav Laghate Mihir Mishra
Owners of three Indian Premier League (IPL) teams have approached the Board of Control for Cricket in India (BCCI) regarding their capital raising plans, three people aware of the matter said.
While KPH Dreams Cricket Pvt. Ltd (Kings Xi Punjab) and JSW GMR Cricket Pvt. Ltd (Delhi Capitals) are weighing a public listing, Rajasthan Royals is looking to raise private equity funds, said a BCCI official, one of the three people who spoke on condition of anonymity.
A second BCCI official also confirmed that two firms approached the board for clarity on listing on bourses.
Currently, the talks are at an exploratory stage.
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