Total valuation of the IPL team is pegged at Rs 7,453 cr
Healthcare and energy conglomerate Torrent Group on Wednesday announced the acquisition of a majority stake in IPL franchisee, Gujarat Titans, for an undisclosed sum, marking the Ahmedabad-based firm's foray into the sports sector. Torrent Group "through its holding company Torrent Investments Private Limited (TIPL) has entered into a definitive agreement to acquire a majority stake of 67 per cent in the renowned Indian Premier League (IPL) franchise, Gujarat Titans", it said in a statement. The conglomerate is buying a majority stake in Gujarat Titans (Irelia Sports India Private Limited) from Irelia Company Pte Ltd currently fully owned by funds managed or advised by CVC. The transaction is subject to customary closing conditions and approvals (including from BCCI). As part of the deal, Irelia will retain a substantial minority stake of 33 per cent in the franchise. The acquisition marks Torrent Group's foray into India's rapidly growing sports sector. Speaking on the occasion
Indian Premier League franchise Gujarat Titans, currently owned by CVC Capital Partners, was acquired in 2021 for Rs 5,625 crore
GT started their training camp in Surat on Monday, January 13, with players like Anuj Rawat, Ishant Sharma, and Jayant Yadav present at the camp
The development follows the interrogation of Bhupendrasinh Zala, the alleged mastermind behind the ponzi scheme
Jos Buttler came out as the most expensive overseas buy in the auction, going to Gujarat Titans at Rs 15.75 Crore. Check the top 10 most expensive overseas buys in the IPL 2025 auction here.
The emphasis on pacers seemed to be the agenda of many of the teams who had pacers among their top 4 or 5 buys at the end of the auction. Check the most costliest Indian fast bowlers in IPL auction.
Check Gujarat Titans' full squad, players' salary, most expensive player, list of retained players ahead of IPL 2025 here
Despite his strong performance, Royal Challengers Bengaluru chose not to retain him and declined to use the Right to Match (RTM).
IPL 2025 auction saw Rs 639.15 crore spent on 182 players in Jeddah. Rishabh Pant led with Rs 27 crore, followed by Shreyas Iyer at Rs 26.75 crore, as teams focused on top Indian talent.
Gujarat Titans assistant coach Parthiv Patel on Monday said skipper Shubman Gill showed that he is a true leader by agreeing to become the side's second-choice retention. Ahead of the Indian Premier League mega auction, Gill has decided to take a pay cut become the second player retained by the franchise, behind star spinner Rashid Khan. Gill was retained for Rs 16.5 crore while Rashid for Rs 18 crore. "It happened before I joined the team. But looking from outside and now after joining the team we needed someone who thinks about it and Shubman has done that, credit to him," Parthiv told reporters in a virtual interaction. "It would have been very easy to say (otherwise), he's done the right thing and goes to show that he is the leader and shows his character," Parthiv added. The former champions roped in the services of England's white-ball captain Jos Buttler for Rs 15.75 crore at the auction and Parthiv stated that the explosive wicketkeeper-batter was the ideal fit for the role
RCB have acquired the services of Tim David while CSK get hold of Deepak Hooda for Rs 1.70 Crore.
Check the remaining purse of all 10 IPL franchises at IPL 2025 mega auction
David Warner and Devdutt Padikkal went unsold on Day 1 of IPL 2025 mega auction. Check full list of players bought at IPL auction and costliest buy list here
At Rs 27 crore, Rishabh Pant emerges as the costliest player in IPL history. Shreyas Iyer is the second costliest player in Indian Premier League
All the 10 franchisees are set to spend a total of Rs 641.5 crore during the IPL 2025 Mega auction which is scheduled to take place on November 24 and 25 in Saudi Arabia's Jeddah.
Who is the most costliest player in IPL history? Check the full list of expensive players in IPL 2025 mega auction here
As the IPL 2025 auction approaches, some big names are expected to attract substantial bids, sparking multiple bidding wars between franchises eager to sign their desired players.
The 2025 season will feature 74 matches, maintaining the format used in the previous three seasons
As the fans and cricketers gear up for the IPL 2025 mega auction on Nov 24, and 25, check auction live timings, remaining purse, base price, live streaming and telecast here