Now Common man will buy an IPL Stock: IPL teams to be listed in Indian Bourses

by Ashish on May 6, 2009

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May be you don’t have enough money like Shah Rukh Khan,Vijay Mallya, Mukesh Ambani , Ness Wadia or Raj Kundra to buy a IPL team but you will be able to buy their stocks once it is listed with Bombay stock exchange /National stock exchange in the near future. Sources say IPL will soon be listed in Indian stock exchange as huge money is revolving around this sport body in just a span of 2 years.

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Started last year in summer it is now the most watched domestic Twenty20 competition in the world.Though the second season  has been hosted outside India in South Africa  it has not lost its charm ,thanks to Bollywood stars,cheerleaders and of course Cricket as one of most popular sport in world  making it a  global sport in true sense.

The huge success of the IPL has heralded a new innings in the history of Indian cricket. A huge money spinner, the two-year-old IPL is worth a whopping $2 billion, according the United Kingdom-based brand valuation consultancy Brand Finance.ipl-babes1

In the very first season  the total base price for auction was US $400 million but the auction fetched almost double close to US $723.59 million.For developing and maintaining the IPL website www.iplt20.com a contract with the Canadian firm  Live Current Media Inc. has been negotiated for US $50 million for the  next 10 years.The Indian Government too earned Re 91 crore as tax revenue from the 1st season of the IPL. So much money flowing in and out of this sport body makes it obvious for its peddler and the respective owners of team to get their teams listed in BSE/NSE in the coming years.

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The IPL brand alone has a value of over $311 million. The brand is just like any company today and it holds a long-term shareholder value. In 2-3 years, the IPL clubs may get listed on the bourses just like the popular English Premier League football.2836722384

IPL is now sold across the globe with “Made in India” tag  has attracted a huge fan following in every corner of the world. Now more any team hit sixes or fours it will fall in green segment or the moment they lose any match it will go red signifying a bear run.

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Twitter Finance » The 2 yr old IPL is worth a whopping $2 billion: a UK based brand valuation consultancy Brand Finance.check ..http://www.outofbox.in/?p=156
05.06.09 at 11:16 pm

{ 2 comments… read them below or add one }

rohit 07.18.09 at 1:04 pm

really its good to open stock for ipl it will help lot of people to earn money

ASHUTOSH 12.10.10 at 4:31 pm

i want to buy share of ipl team 2011
please explain me

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