RPSG VENTURES: Manchester Originals Limited has now become a subsidiary of RPSVPL

RPSG VENTURES: Manchester Originals Limited has now become a subsidiary of RPSVPL 

  • Further to earlier letter dated February 11, 2025, and pursuant to the provisions of Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, would like to inform that, RPSG Sports Ventures Private Limited ("RPSVPL"), a subsidiary of the Company, has executed a Share Purchase Agreement today with England and Wales Cricket Board (ECB) for acquisition of 70% equity stake in Manchester Originals Limited ("Proposed Transaction"), for a total consideration of GBP 81,210,000 to be paid over a period of 24 months, in the manner specified in the Share Purchase Agreement. 
  • In addition to the Share Purchase Agreement, RPSVPL has also entered into other transaction documents with ECB, Manchester Originals Limited, Lancashire County Cricket Club Limited ("LCCC") and/or the Company, in relation to the Proposed Transaction. RPSVPL has also completed the acquisition of 70% equity stake in Manchester Originals Limited, on the date of this intimation. 
  • Consequently, Manchester Originals Limited has now become a subsidiary of RPSVPL and a step down subsidiary of the Company.  

https://www.youtube.com/watch?v=VwHq8Vo3v_k

RPSG Sports Private Limited: IPL team owner  

Sometimes reading annual reports helps a lot in finding hidden stocks for me. It is a boring process because there are lot of pages involved in reading which is time consuming. But it greatly helps me in finding stocks that hold good potential. 

My theme is IPL will outgrow every sport and the value of the IPL team will be huge in future because the audience base in IPL is great 

  • Market cap: Less than 2000 cr
  • Owns and operates the Lucknow Super Giants franchisee of the Indian Premier League
  • Total Assets:  13,158.64 
  • Other Intangible Assets :  5,475.76 (  Franchisee Rights :  5,099.00 for IPL team ) 
  • Sports is big, and will only get bigger
  • RPSG Ventures holds a 51% stake in RPSG Sports Private Limited (RPSG Sports), which holds the right to own and operate Lucknow Super Giants — the Lucknow franchise of the Indian Premier League (IPL), the country’s preeminent professional men’s T20 cricket tournament 
  • Lucknow Super Giants (LSG) had a successful first season of the IPL, having qualified for the playoffs in 2022.     
  • RPSG VENTURES LIMITED:  holds 53.66% in First Source Solutions:: roughly 5000 cr value ( This is the holding company investment)

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SEBI registered RA : Rounaq Bakshi
Waheguru

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