What is pickleball? Here’s all you need to know about US’ fastest growing sport

Several celebrities, including the Kardashians and Bill and Melinda Gates, have expressed their liking for pickleball, an entertaining mix of tennis, badminton, and ping-pong.

Agencies
Over the past few years, pickleball has emerged as the fastest-growing sport in the United States. Not only the sports arena, but pickleball has also stormed social media and Hollywood. Notably, the game has grown by 11.5 per cent on average over the past five years. It had 4.8 million players in the United States in 2021. Covid-induced lockdowns increased the game's popularity as people, especially professional athletes and celebrities, searched for outdoor activities during the pandemic.

Several celebrities, including Bill and Melinda Gates, Leonardo DiCaprio, the Kardashians, George and Amal Clooney, Will Smith, Jamie Foxx, and Ellen DeGeneres, have already confessed their obsession with pickleball. However, the game is not only a casual hobby. Instead, it has emerged as a cash cow in recent years, with celebrities like LeBron James, Kevin Love, and Kevin Durant becoming owners of professional pickleball clubs. Interestingly, Major League Pickleball, which was established in 2021, has planned to expand its roster of teams to 16. Currently, it sees the participation of 12 teams.

9 IPOs that have received SEBI’s go-ahead
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The IPO market is again offering many opportunities to investors. Apart from the issues already lined up, a number of companies have received Sebi's observations for their IPOs that are still valid, meaning they could launch their issues in due course. Here are listed some of them:

The IPO market is again offering many opportunities to investors. Apart from the issues already lined up, a number of companies have received Sebi's observations for their IPOs that are still valid, ..
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SEBI gave the nod for this SFB IPO in October this year. The issue is estimated to be for Rs 500 crore with QIB, HNI and retail allocation in the ratio of 75:15:10. ICICI Securities and Kotak Mahindra Capital are the lead managers to the issue.

SEBI gave the nod for this SFB IPO in October this year. The issue is estimated to be for Rs 500 crore with QIB, HNI and retail allocation in the ratio of 75:15:10. ICICI Securities and Kotak Mahindr..
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The issue will be a mix of fresh issue worth Rs 2000 crore and OFS worth Rs 1000 crore. Axis Capital and others are lead managers to the issue. Droom is a technology and data science company that facilitates automobile buying and selling online.

The issue will be a mix of fresh issue worth Rs 2000 crore and OFS worth Rs 1000 crore. Axis Capital and others are lead managers to the issue. Droom is a technology and data science company that fac..
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Biba Fashion is close to the heels of launching its public issue. The issue will be an OFS plus a fresh issue. The issue will be a fresh issue worth Rs 90 crore plus an OFS of 27,762,010 shares.

Biba Fashion is close to the heels of launching its public issue. The issue will be an OFS plus a fresh issue. The issue will be a fresh issue worth Rs 90 crore plus an OFS of 27,762,010 shares.

The issue is expected to be worth Rs 550 crore with a fresh issue of Rs 300 crore. The company is a one-stop gaming destination for players to enjoy online Poker games in a secure, reliable and highly engaging environment.

The issue is expected to be worth Rs 550 crore with a fresh issue of Rs 300 crore. The company is a one-stop gaming destination for players to enjoy online Poker games in a secure, reliable and highl..
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The IPO is estimated to include a fresh issue of Rs 300 crore together with an OFS of 12,826,224 shares.

The IPO is estimated to include a fresh issue of Rs 300 crore together with an OFS of 12,826,224 shares.

This IPO was approved in September this year by SEBI. The estimated issue size is Rs 3350 crore. Navi Technologies, founded by Sachin Bansal & Ankit Agarwal, is to build consumer-centric and technology-driven businesses in the BFSI (Banking, Financial Services & Insurance) space.

This IPO was approved in September this year by SEBI. The estimated issue size is Rs 3350 crore. Navi Technologies, founded by Sachin Bansal & Ankit Agarwal, is to build consumer-centric and technol..
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The issue is estimated to be around Rs 205 crore and also includes OFS of 20,066,269 shares. Pristine provides synergetic logistics infrastructure and services across the spectrum, including non-container, container, rail transportation and road transportation services.

The issue is estimated to be around Rs 205 crore and also includes OFS of 20,066,269 shares. Pristine provides synergetic logistics infrastructure and services across the spectrum, including non-cont..
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The issue is expected to be a mix of fresh issue plus an OFS. The fresh issue is estimated to be for Rs 610 crore, while an offer for sale will be for 6,551,690 shares.
The issue is expected to be a mix of fresh issue plus an OFS. The fresh issue is estimated to be for Rs 610 crore, while an offer for sale will be for 6,551,690 shares.
The gold jeweller will also soon come up with its issue. SEBI approved its issue in July this year. The issue is estimated to be worth around Rs 525 crore.

The gold jeweller will also soon come up with its issue. SEBI approved its issue in July this year. The issue is estimated to be worth around Rs 525 crore.



Pickleball is a paddle sport which combines elements of ping-pong, badminton, and tennis. The game has its own terminology, including words like "flapjack," "falafel," and "dink." It also comes with a set of rules to keep the competitive spirits intact. Pickleball can be played in singles and doubles, where players take turns serving and scoring.

FAQs:

  1. What is pickleball?
    Pickleball is a paddle sport. It is also the fastest-growing sport in the United States.
  2. How many pickleball players are there in the US?
    As of 2021, the US had 4.8 million pickleball players.
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