Tag: E-Auction

NEW DELHI: With Jodhpur joining Varanasi in the Rs 10 core+ cities and the attention zeroing in on other cities racing to this mark, the cumulative winning price at the end of the 104th round on the 26th day raced up to Rs 1151.6 crore in the e-auction for the first batch of FM Phase III cities.

One channel in Guwahati fetched a price of Rs 4.11 crore as against its reserve price of Rs 37 lakh, registering a rise of almost 980 per cent. A few days earlier, Bhubaneswar had also set a record with a single channel getting the most competitive bidding increment-wise by going up nine times the reserve price.  

However, there is no increase for almost a week in the number of provisional winning channels and cities – 94 channels in 56 cities – though the total bids surpassed the cumulative reserve price by Rs 692.7 crore or 150.9 per cent against the aggregate reserve price of about Rs 459 crore.

The cumulative provisional winning price has thus risen over the total reserve price of the first batch of 135 FM channels in 69 existing cities – Rs 550.18 crore – by Rs 601.4 crore or 109.3 per cent.  

While Varanasi marched higher to Rs 14.94 crore and Jodhpur showed an increase to Rs 10.79 crore, Kohlapur was static with Rs 9.44 crore. Others in the waiting for entry to the Rs 10 crore club appear to be Kanpur, Rajkot, Amritsar and Aurangabad, all of which have got above Rs 6 crore each. 

The Auction Activity Requirement rose to 100 per cent after the 59th round on 14 August, after being 90 per cent after the 37th round on 7 August.

However, there were still no bids for 13 cities namely Asansol, Gulbarga, Mangalore, Mysore, Puducherry, Rajahmundry, Siliguri, Tiruchy, Tirunveli, Tirupati, Tuticorin, Vijaywada and Warangal.

The demand in most cities fell by up to three per cent and by four per cent below the excess demand at the price in the 100th round in Hyderabad.

The Percentage Price Increment applicable for the Next Clock Round rose to five each in Shillong and Varanasi but was just one in Ahmednagar and Jodhpur. There was no change in the other cities.

The winning price has risen by more than 100 per cent above their respective reserve prices in Ahmedabad, Amritsar, Aurangabad, Bengaluru, Bhubaneshwar, Chennai, Delhi, Guwahati, Jaipur, Jodhpur, Kolhapur, Mumbai, Nasik, Patna, Pune, Rourkela and Varanasi, all of which got provisional winning bidders at prices more than double the respective reserve prices.

The provisional winning price in the top three cities reflected no change: Delhi at Rs 169.16 crore (for just one channel); Mumbai at Rs 122.81 crore (for two channels); and Bengaluru at Rs 109.25 crore.

NEW DELHI: With no takers for thirteen cities, the hope for more bids shifted to cities, which have so far managed less than Rs 10 crore on the twenty-second day in the e-auction for the first batch of FM Phase III cities even as the cumulative provisional winning price showed a marginal rise to Rs 1136.6 crore at the end of the 88th round.

The number of provisional winning channels and cities remained the same as yesterday: 94 channels in 56 cities, but the total bids surpassed the cumulative reserve price by Rs 677.7 crore or 147.7 per cent against the aggregate reserve price of about Rs 459 crore.

The cumulative provisional winning price has thus risen over the total reserve price of the first batch of 135 FM channels in 69 existing cities – Rs 550.18 crore – by Rs 586.4 crore or 106.5 per cent. Information and Broadcasting Ministry sources told Indiantelevision.com today that the cumulative winning price is exclusive of the migration fee, which will take the total revenue even higher.

The Auction Activity Requirement rose to 100 per cent after the 59th round on 14 August, after being 90 per cent after the 37th round on 7 August.

Sources said that in the notice inviting auction, it was clear that the e-auction will continue as long as bids are received for any of the 135 channels. This included the 13 cities for which no bids have come namely Asansol, Gulbarga, Mangalore, Mysore, Puducherry, Rajahmundry, Siliguri, Tiruchy, Tirunveli, Tirupati, Tuticorin, Vijaywada and Warangal.

The winning price has gone up by more than 100 per cent above their respective reserve prices: Ahmedabad, Amritsar, Aurangabad, Bengaluru, Bhubaneshwar, Chennai, Delhi, Guwahati, Jaipur, Jodhpur, Kolhapur, Mumbai, Nasik, Patna, Pune, Rourkela and Varanasi, which got provisional winning bidders at prices more than double the respective reserve prices. A single channel in Bhubaneshwar created a new record by getting the most competitive bidding increment-wise by going up nine times the reserve price.

The demand in most cities fell by up to three per cent and by four per cent below the excess demand at the price in the 88th round in Hyderabad.

The Percentage Price Increment applicable for the Next Clock Round rose to five each in Jodhpur and Varanasi but was just one in Gauhati. There was no change in the other cities.

The provisional winning price in the top three cities reflected no change: Delhi at Rs 169.16 crore (for just one channel); Mumbai at Rs 122.81 crore (for two channels); and Bengaluru at Rs 109.25 crore.

Kohlapur, which appeared to be the next to enter the Rs 10-crore club remained static for the third day with Rs 9.44 crore though cities like Kanpur, Rajkot, Amritsar and Aurangabad do not seem to be far behind. 

Chennai at Rs 53.38 crore, Ahmedabad at Rs 42.68 crore, Pune at Rs 42.03 crore, Jaipur at Rs 28.34 crore, Chandigarh at Rs 19.04 crore, Hyderabad at Rs 18 crore, Patna at Rs 17.89 crore, Cochin at Rs 15.04 crore and Lucknow at Rs 14 crore remained static.

NEW DELHI: The eighteenth day of the bidding in the e-auction for the first batch of FM Phase III cities appeared to slump as the cumulative provisional winning price touched about Rs 1123 crore at the end of the 72nd round.

With this, a total of 94 channels in 56 cities became provisional winning channels against their aggregate reserve price of about Rs 459 crore.

Thus the total bids of the provisional winning prices surpassed the cumulative reserve price of the corresponding 94 channels by Rs 664 crore or 144.7 per cent.

The cumulative provisional winning price has thus risen over the total reserve price of the first batch of 135 FM channels in 69 existing cities – Rs 550.18 crore – by 572.68 crore (104 per cent).

The Auction Activity Requirement rose to 100 per cent since 14 August, after being 90 per cent after the 37th round on 7 August.

Information and Broadcasting Ministry sources said the channel allocation stage will continue as long as bids are received for any of the 135 channels.

Bids continued to elude 13 cities for the 19th day today with no takers for channels in Asansol, Gulbarga, Mangalore, Mysore, Puducherry, Rajahmundry, Siliguri, Tiruchy, Tirunveli, Tirupati, Tuticorin, Vijaywada and Warangal.

The demand in most cities fell by up to three per cent and by four per cent below the excess demand at the price in the 72nd round in Hyderabad.

The Percentage Price Increment (in INR) applicable for the Next Clock Round rose to five each in Allahabad, Guwahati, Nasik and Varanasi but was just one in Jodhpur and Srinagar.

The provisional winning price in the top three cities remained the same: Delhi at Rs 1.69.16 crore (for just one channel); Mumbai at Rs 122.81 crore (for two channels); and Bengaluru at Rs 109.25 crore.

Among cities recording more than Rs 10 crore, it rose marginally only in Nasik to Rs 13.29 crore.

Chennai at Rs 53.38 crore, Ahmedabad at Rs 42.68 crore, Pune at Rs 42.03 crore, Jaipur at Rs 28.34 crore, Chandigarh at Rs 19.04 crore, Hyderabad at Rs 18 crore, Patna at Rs 17.89 crore, Cochin at Rs 15.04 crore and Lucknow at Rs 14 crore remained static.

NEW DELHI: Mumbai finally became the third city to join the Rs 100 crore club on the fourteenth day of the e-auction for the first batch of FM Phase III cities. The cumulative provisional winning price touched around Rs 1022 crore on day 14, though the overall progress showed only mild signs of rise at the end of the 56^th round.

With this, a total of 88 channels in 56 cities became provisional winning channels whose aggregate reserve price was about Rs 425 crore. Thus the summation of provisional winning prices surpassed the cumulative reserve price of the 88 channels by Rs 596.61 crore or 140.1 per cent. 

Overall, cumulative provisional winning price exceeded the total reserve price of the first batch of 135 FM channels in 69 existing cities – Rs 550.18 crore – by Rs 472.08 crore or 85.8 per cent – around three per cent above yesterday. 

While Delhi continued to show a rise, Bengaluru remained static though it was still above Mumbai where two channels were allocated to provisional winning bidders for Rs 100.94 crore each.

The Auction Activity Requirement continued to remain at 90 per cent, raised after the 37th round on 7 August. 

The thirteen cities for which bids have still not come are Asansol, Gulbarga, Mangalore, Mysore, Puducherry, Rajahmundry, Siliguri, Tiruchy, Tirunveli, Tirupati, Tuticorin, Vijaywada and Warangal.

The demand over the price in most cities fell by up to three per cent and four per cent below the excess demand at the price in 56th round in Hyderabad. 

The Percentage Price Increment (in INR) applicable for the Next Clock Round rose to five in Chennai and Mumbai but was just one in Amritsar, Chandigarh, Cochin,  Jaipur and Pune.

The highest Provisional winning price was in Delhi at Rs 167.49 crore (for just one channel), followed by Mumbai at Rs 100.94 crore, both showing marginal increase compared to yesterday. Bengaluru with Rs 106.04 crore remained static.

Among cities recording more than Rs 10 crore, it rose sizeably in Chennai at Rs 49.84 crore and Pune at Rs 41.20 crore and marginally in Jaipur at Rs 28.06 crore, Chandigarh at Rs 18.67 crore and Cochin at Rs 13.36 crore.

Besides, Bengaluru, Ahmedabad at Rs 42.68 crore, Hyderabad at Rs 18 crore, Patna at Rs 17.89 crore, Lucknow at Rs 14 crore and Nasik at Rs 10.30 crore remained static.