IPO Of IPL Teams Are Coming To Rock The Sensex

Now it's time of cricket to hit the market as news were flowing out that IPL cricket teams owners were now thinking to hit market with there IPO's. The franchisees of the BCCI Indian Premier League are now planning to hit market with initial public offers .Teams like Deccan Chargers and all others were planning to cash their popularity and then raise that to money in the stock forms.

BCCI Have no problem and give it's permission to do so as there is no problem for BCCI in this. The Chairman lalit Modi say's there is full athourity to the company owners that they can do anything to raise money as it's were there team. It's bacially inspired by the Uk football clubs who simply cash money by this all like chelsea ,manchster united and other teams too.

The day is not so far when cricket simply becames an company rather than a sport. CEO of Deccan Chargers, told that they were aware and for money raise we come with the public issue. He said “We’re currently evaluating all options to raise capital and IPO is certainly one of them. However, nothing has been finalised yet,” but the day is not so far when we see the ipo hitting the market and whether it can make an impact or not.We have to wait for that.