Sehwag, who recently gave up Delhi Daredevils leadership for Champions League Twenty20, will have Gautam Gambhir as his deputy.
Delhi have announced a list of 35 probables. Delhi and Districket Cricket Association (DDCA) met on Friday and announced the list.
The squad has been asked by selectors to report at Feroze Shah Kotla Stadium on Monday, September 24.
India's young batting star Virat Kohli is also part of the squad. Delhi's first Ranji Trophy game this season is against Uttar Pradesh on November 2.
Delhi squad: Virender Sehwag (captain), Gautam Gambhir (vice-captain), Virat Kohli, Rajat Bhatia, Shikhar Dhawan, Mithun Manhas, Ashish Nehra, Ishant Sharma, Puneet Bisht, Unmukt Chand, Yogesh Nagar,Sumit Narwal, Pradeep Sangwan, Parvinder Awana, Mohit Sharma, Vikas Mishra, Pawan Suyal, Manoj Chauhan, Milind Kumar, Dhruv Shorey, Jagrit Anand, Vaibhav Rawal, Sunny Sehrawat, Kshitiz Sharma, Rishit Saini, Javed Khan, Parvesh Chikara, Manan Sharma, Varun Sood, Chetanya Nanda, Rahul Yadav, Shoaib Prasad, Vikram Dahiya, Shelly Shaurya, Vikas Tokas.