The Lucknow Super Giants (LSG) is among the two franchises that made a grand entry in the Indian Premier League (IPL) back in 2022. The team depicts the city of Lucknow and state of Uttar Pradesh and was formed to exploit the huge fan following of cricket in North India From day one, the franchise has been gunning for movies over everything and has established a role in the competitive balance of the league.
The team had more than just forming another cricket club in mind; they wanted to establish a sports brand that is synonymous to Lucknow legacy. LSG is known for its brazen recruiting, high-flying auctions and team-first approach, all spurred on by its ambitious ownership, in the current day IPL landscape.
Lucknow Super Giants Owner: Who is Lucknow Super Giants Owner?
The RPSG Group (RP-Sanjiv Goenka Group), a giant multinational corporation based in Kolkata, possess the Lucknow Super Giants. Sanjiv Goenka heads the group and is also its public face and the major inspirer for the franchise.
It was a landmark moment in sports business the ownership of the team. The RPSG Group secured the Lucknow franchise in October 2021, winning the rights with a successful bid of ₹7,090 crore (around $940 million based on the then trade rate). This still marks one of the richest valuations of a sports team in India, underscoring the groups long-term focus on the IPL.
LSG owner share percentage
The RPSG Group owns the Lucknow Super Giants franchise, which is private. Unlike several other teams with co-owners from multiple sectors, the majority stakeholder in LSG is the sports wing of the RPSG Group – RPSG Sports Private Limited. Equity is controlled by corporate structures, but the Goenka family has a decisive and controlling ownership stake, enabling a singular strategic vision for the team.
About Owner Sanjiv Goenka
Sanjiv Goenka is an Indian billionaire industrialist, one of the better-known industrialists in India. He is recognised for his leadership which is calm but firm and has successfully moved from conventional sectors such as power and coal to contemporary fields such as retail, FMCG, and sports. His style of running things at LSG is very hands-on, and he is frequently seen at the stadium during matches, demonstrating his love for the game and a businessman-like belief in the bottom line.
Owner Quick Facts
| Feature | Details |
| Full Name | Sanjiv Goenka |
| Role | Chairman, RPSG Group |
| Education | St. Xavier’s College, Calcutta |
| Notable Awards | Banga Bibhushan (2015), Former President of CII |
| Major Sports Teams | LSG (IPL), Mohun Bagan SG (ISL), Durban’s Super Giants (SA20) |
LSG Owner’s Net Worth
The solidity of the financial well-being of the LSG owner undergirds the foundations of the franchise. Sanjiv Goenka has made his wealth, that stretches from the power sector to the consumer goods space. With sports assets — especially IPL franchises — becoming costlier by the year, his net worth has taken a big jump to always keep him among the top wealthy Indians.
Sanjiv Goenka’s Net Worth
Sanjiv Goenka has an estimated net worth of approximately $4.9 billion as of 2025/26: Forbes. His riches come anchored in a few publicly traded companies under the RPSG banner, including:
- CESC Limited: The group’s flagship power utility firm.
- PCBL Limited: The largest manufacturer of carbon black in India.
- Firstsource Solutions: Business Process Management services provider.
In 2025, he deepened his footprint into international cricket by purchasing 70% of the UK-based outfit Manchester Originals.
LSG Owner’s Controversies
Although very successful, Goenka’s time in the IPL has not been without controversy. He made his league debut with the Rising Pune Supergiant (RPS) in 2016-2017. The one major controversy during this time was the decision to remove MS Dhoni and make Steve Smith captain – this lasted until 2017. That year the team made it all the way to the championship but fans were not happy with the move.
In the 2024 season, a more recent incident was a viral video in which an animated Goenka was seen in discussion with then-captain KL Rahul in public after a heavy defeat. Goenka called Rahul “family” later on, but the incident had already triggered a battlefield of a different sort, with media debating the relationship between team owners and players.
Other Teams Owned by LSG Owners: Businesses and Affiliations
Click here for more news on Indian Premier League 2022 But the RPSG Group’s own global sports empire goes a long way beyond the IPL. You keep your investments degree — leveraging pre-existing fanbases / up and coming leagues:
- Mohun Bagan Super Giant: One of India’s legendary football clubs currently playing in the Indian Super League (ISL)
- Durban’s Super Giants: An SA20 franchise in South Africa, expanding the international “Super Giants” brand
- Manchester Originals: The franchises newest entrance with the UK having “The Hundred”
- RPSG Mavericks KolkataPurpose: Team Professional table tennis franchise in UTT
RPSG Group Business Ventures
RPSG Group is a diversified conglomerate earning consistent revenue from various sectors to fund its sports businesses:
- Power & Natural Resources: CESC Limited (Calcutta Electric Supply Corporation) serves millions of people.
- Tickets here Consumer & Retail: Spencer’s Retail and Nature’s Basket are household names in India grocery.
- FMCG: The Too Yumm! The healthy snacking market has a big player with the well-known snack brand, which will be best known for its endorsement from Virat Kohli.
- The group owns Saregama India (India’s oldest music label) and Open Magazine.
LSG Net Worth & Brand Value
Lucknow Super Giants started from scratch and went on to become one of the most expensive sueres of all time within a matter of just weeks. The franchise value is expected to be about $122 million in 2025/26 and one of the fastest-growing brands in the league. The revenue model is strong supported by IPL strong media rights deal (over ₹48,000 crore), attractive sponsorship and high ticket sales at the Bharat Ratna Shri Atal Bihari Vajpayee Ekana Cricket Stadium, Lucknow.
Suggested Read
LSG Key Personnel
Under the confluence of these ever-high professionals, while the financial support is offered by none other than Sanjiv Goenka, the RPS price owner:”
- Franchise operations → CEO: Focuses on commercial/operational part of Franchise.
- Captain: Rishabh Pant was bought for ₹27 crore in the 2025 mega auction and after KL Rahul walked away from the franchise, he was appointed captain.
- Coaching Staff Fans will remember the likes of Justin Langer and Zaheer Khan for the technical strategy and scouting they brought into the setup.
Conclusion
The Lucknow Super Giants are not only a cricket squad, but they also represent the flag of Sanjiv Goenka’s expanding sports portfolio. The franchise is a powerhouse brand with loyal fans in its corner, having grown from ₹7,090 crore investment by the RPSG Group. The franchise is on the quest to get its first IPL title and the owner has a clear vision in mind, to create a specific DNA which resonates the culture of the city of Lucknow to the rest of the world.
What went down between KL Rahul and Sanjiv Goenka?
During a 2024 defeat to SRH, the duo had what followed a discussion which was visible in public. It did spark speculation of a rift, which Goenka called “professional relationship”. KL Rahul finally took the plunge by joining the Delhi Capitals in 2025 for a new beginning.
Where does Sanjiv Goenka earns from?
Most of his income is from being the Chairman of the RPSG Group, which earns billions in power (CESC), retail (Spencer’s), carbon black (PCBL) and I.T. services (Firstsource).
Net Worth Of Lucknow Owner : What is bubble net worth?
As of early 2026, Sanjiv Goenka’s net worth is around $4.9 billion, placing him in the list of India’s 70 richest people.
