RPSG Ventures the only listed entity in Sanjiv Goenka's IPL gambit

Lucknow Franchise will be owned and run by the company along with private/unlisted companies of RP-SG Group, through a newly incorporated entity

Unlisted entities backed by the personal wealth of Sanjiv Goenka and listed entity, RPSG Ventures, will power the Indian Premier League (IPL) franchise of Lucknow.

In an exchange filing late on Monday, RPSG Ventures informed that it had been declared as one of the successful contenders at the bidding process conducted by the Board of Control for Cricket in India (BCCI).

As per the terms of the bid and the Invitation to Tender (ITT), the Lucknow Franchise of the IPL at Bharat Ratna Shri Atal Bihari Vajpayee Ekana Cricket Stadium will be owned and operated by the company along with