New franchise The Gujarat Titans (GT) emerged as a new entity in the Indian Premier League, beginning from the season 2022. The Ahmedabad-based franchise came into existence after the global private equity firm CVC Capital Partners, through its company Irelia Company Pte Ltd acquired the tender to own a franchise with a bid of INR 5,625 crore in IPL 2021 Franchise auction. The franchise was officially named Gujarat Titans shortly before the IPL 2022 mega auction.
Historic Start for Gujarat Titans
Led by the now suspended Hardik Pandya, Gujarat Titans had possibly pulled off one of the most astounding inaugural seasons in IPL. GT won the IPL final of 2022 in front of capacity home crowds at the Narendra Modi Stadium (formerly named Sardar Vallabhbhai Patel Stadium), Ahmedabad. The franchise has grown to become one of the powerhouses in the league and is led by Shubman Gill.
GT Owner | Gujarat Titans Ownership Timeline
| Owner | Duration |
| CVC Capital Partners (100%) | 2021 – 2024 |
| Torrent Group (67%) & CVC Capital Partners (33%) | 2025 – Present |
Who Owns Gujarat Titans in 2025?
CVC Capital Partners, the private equity firm that owns 67% of the team, in February 2025 agreed to a deal to sell its stake to Ahmedabad-based Torrent group for around INR ₹5035 crores. CVC retained a minority stake of 33%, to remain in partnership with the franchise.
The ownership change was ratified by the Board of Control for Cricket in India (BCCI) before the start of the IPL 2025 season, and management control will now be completely vested with Torrent Group.
Torrent Group – Controlling Shareholder (67%)
Torrent Group was established in 1959 by Uttambhai Nathalal Mehta and it is an Indian multinational conglomerate with its corporate office in Ahmedabad. The consortium operates in the following sectors with a significant portfolio and influence:
- Pharmaceuticals
- Power Generation
- Transmission & Distribution
- City Gas Distribution
Its current leaders are children of the founder, Sudhir Mehta and Samir Mehta. Torrent has revenues of over INR 41,000-Crore and an enterprise market capitalization of nearly 2 lakh crore.
Curiously, the investment arm had previously bid in BCCI’s 2021 auction for new IPL teams. They successfully bid INR 4,653 crore for the Ahmedabad franchise (afterwards renamed to Gujarat Titans).
CVC Capital Partners – Minority Owner (33%)
About CVC Capital Partners CVC Capital Partners is one of the world’s leading private equity and investment advisory firms, with a network of 24 offices and some 600 employees throughout Asia, Europe and North America. It has close to 700 people located around the world and manages assets of c. €191 billion.
The involvement of CVC also makes Gujarat Titans one the only IPL team not to be owned by a traditional Indian business family, making it differentiated in terms of ownership.
Brand Value of Gujarat Titans in 2025
IPL 2022: Gujarat Titans commercially growing as they succeed on and off the field. According to Forbes, the franchise is worth USD 69 million in 2025, which is a 5% increase from the year before. This incremental growth illustrates the team’s committed fan base and performance on-field coupled with its increasing commercial value in the IPL ecosystem as well.