Indian Premier League (IPL) is a cricket league in India that is organised by the Board of Control for Cricket in India (BCCI). The league has rapidly grown to become the most popular and richest cricket league in the world. Here is the list of listed companies and the IPL teams owned by them.
1. SUN TV NETWORK
Sun TV is a Chennai-based Indian media powerhouse, founded in the year 1993 by Kalanithi Maran and is backed by the broader Sun group, it operates a diverse portfolio of satellite television channels across several regional languages with multiple FM radio stations. The company also has newspapers, magazines, and an OTT streaming platform, SunNXT.
SUN TV Network, with a market capitalisation of Rs. 24,612 Crores, is the owner of the Sunrisers Hyderabad (SRH) IPL team. This franchise, commonly known as the “Orange Army,” wrote its name in IPL history by clinching its first title in 2016
2. SPIRITS
United Spirits Limited or USL headquartered in Bengaluru, is the leading alcoholic beverage company of India. It is the subsidiary of the spirits giant Diageo. The company’s core business involves manufacturing, marketing and distribution of a very large portfolio of spirits, which includes whisky, rum, vodka, gin and brandy.
United Spirits, with a market capitalisation of Rs. 1,16,783 Crores, owns the Royal Challengers Bengaluru (RCB) IPL team. Popularly known as the “Red Army,” RCB finally celebrated its maiden IPL trophy win in the year 2025, marking a historic moment for the highly popular franchise and its passionate fanbase.
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3. RPSG Ventures
RPSG Ventures Limited is part of the RP-Sanjiv Goenka Group, a diversified conglomerate with interests across power, infrastructure, retail, and technology. RPSG Ventures primarily focuses on early-stage and growth-stage investments in emerging sectors such as consumer products, digital and IT services, and wellness.
The company acts as a strategic incubator for innovative and scalable business ideas and has holdings in companies like Firstsource Solutions (a BPO services provider) and Dr. Vaidya’s (an Ayurvedic healthcare brand).
RPSG Ventures, with a market capitalisation of Rs. 3,243 Crore, is the owner of the Lucknow Super Giants (LSG), a relatively new team in the Indian Premier League (IPL). While LSG has yet to secure an IPL trophy, they have quickly established themselves as a competitive force
4. Reliance Industries
Reliance Industries Limited (RIL) is a vast Indian multinational conglomerate, established by Dhirubhai Ambani in 1966 and now led by Mukesh Ambani. Headquartered in Mumbai, it is India’s largest company by market capitalisation and revenue. RIL’s diverse operations span key sectors including energy (Oil to Chemicals), cutting-edge telecommunications (Jio Platforms), extensive retail (Reliance Retail), and a growing presence in new energy and media & entertainment.
Reliance Industries, with a market capitalisation of Rs. 19,46,781 Crore, owns the Mumbai Indians (MI) IPL team. This partnership has proven to be incredibly successful, making MI one of the most dominant franchises in the league’s history with an impressive five IPL titles, secured in 2013, 2015, 2017, 2019, and 2020.
Written by Abhishek Das
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