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Tag: South Asia FM

  • FM Phase III auction postponed

    FM Phase III auction postponed

    NEW DELHI: The e-auctions in the second batch of FM Phase III, which completed its 24th day yesterday, will now resume on 9 December 2016.

    The auction was not held on Tuesday, owing to the demise of Tamil Nadu chief minister J Jayalalitha as some bidders rushed back to Tamil Nadu.

    The bidding has so far been somewhat slow, but Muzaffarpur has been the sole silver lining over the past week rising to more than Rs 33.7 million and thus also overtaking Mysuru which is still at Rs 32.1 million.

    Hyderabad and Dehradun are still at top with Rs 23,43,48,266 and Rs 15,61,00,590 respectively, and there are still no bids for 44 cities and movement of just one or two cities in the bottom rung.

    M/s South Asia FM Ltd has been declared as the winning bidder for five Radio FM channels, just a day after the commencement of the auction for the second batch of Phase III. The company will be allotted FM Channels in Surat, Amritsar, Patna, Chandigarh and Jammu.

    The first day of auction on 26 October saw a winning price of Rs 1820 milion against the aggregate price of Rs 1792 million, while the second day onwards the bidding has been low.

    Information and Broadcasting Ministry sources told indiantelevision.com’s sister concern radioandmusic.com that the aim was to continue till all the channels slated in the second batch were auctioned, but breaks will have to be taken for weekends and national holidays.

    This data has been compiled on the basis of system generated “Final Round Result Report” and “Frequency Identification Report” accessible through auction administrator role.

    Also Read

    South Asia FM bags five channels in first round of the second batch of FM Batch III

    FM Phase III: Slump in auction, with sole exception of Muzaffarpur leaping to over Rs 33 million

  • FM Phase III auction postponed

    FM Phase III auction postponed

    NEW DELHI: The e-auctions in the second batch of FM Phase III, which completed its 24th day yesterday, will now resume on 9 December 2016.

    The auction was not held on Tuesday, owing to the demise of Tamil Nadu chief minister J Jayalalitha as some bidders rushed back to Tamil Nadu.

    The bidding has so far been somewhat slow, but Muzaffarpur has been the sole silver lining over the past week rising to more than Rs 33.7 million and thus also overtaking Mysuru which is still at Rs 32.1 million.

    Hyderabad and Dehradun are still at top with Rs 23,43,48,266 and Rs 15,61,00,590 respectively, and there are still no bids for 44 cities and movement of just one or two cities in the bottom rung.

    M/s South Asia FM Ltd has been declared as the winning bidder for five Radio FM channels, just a day after the commencement of the auction for the second batch of Phase III. The company will be allotted FM Channels in Surat, Amritsar, Patna, Chandigarh and Jammu.

    The first day of auction on 26 October saw a winning price of Rs 1820 milion against the aggregate price of Rs 1792 million, while the second day onwards the bidding has been low.

    Information and Broadcasting Ministry sources told indiantelevision.com’s sister concern radioandmusic.com that the aim was to continue till all the channels slated in the second batch were auctioned, but breaks will have to be taken for weekends and national holidays.

    This data has been compiled on the basis of system generated “Final Round Result Report” and “Frequency Identification Report” accessible through auction administrator role.

    Also Read

    South Asia FM bags five channels in first round of the second batch of FM Batch III

    FM Phase III: Slump in auction, with sole exception of Muzaffarpur leaping to over Rs 33 million

  • South Asia FM allotted Surat, Amritsar, Patna, Chandigarh and Jammu FM channels

    South Asia FM allotted Surat, Amritsar, Patna, Chandigarh and Jammu FM channels

    NEW DELHI: M/s South Asia FM Ltd has been declared as the winning bidder for five Radio FM channels, just a day after the commencement of the auction for the second batch of Phase III.

    The company will be allotted FM Channels in Surat, Amritsar, Patna, Chandigarh and Jammu.

    The details of the details of the successful bids and number of winning channelss and associated Frequency spots along with successful bid amount – Non-refundable One Time Entry Fee (NOTEF) are:

    City Frequency Spot selected (MHz) Successful Bid amount (NOTEF)

    Surat           95                                         Rs 3,60,00,000
     Amritsar     93.5                                      Rs 6,03,97,038
    Patna          93.5                                      Rs 17,89,83,876
    Chandigarh 93.5                                      Rs 19,04,72,374
     Jammu        91.9                                     Rs 1,01,07,090

    This data has been compiled on the basis of system generated “Final Round Result Report” and “Frequency Identification Report” accessible through auction administrator
    role.

    South Asia FM Limited, one of the fourteen shortlisted bidders, is a Public incorporated on 09 November 2005. It is classified as Non-govt company and is registered at Registrar of Companies, Chennai. Its authorized share capital is Rs. 6,550,000,100 and its paid up capital is Rs. 6,153,605,100.It is inolved in Motion picture, radio, television and other entertainment activities

    South Asia Fm Limited’s Annual General Meeting (AGM) was last held on 24 September 2015 and as per records from Ministry of Corporate Affairs (MCA), its balance sheet was last filed on 31 March 2015.

    Directors of South Asia FM Limited are Jagadeesan Ravindran, Kannappan Shanmugam, Arjun Rao Donakanti, .

  • South Asia FM allotted Surat, Amritsar, Patna, Chandigarh and Jammu FM channels

    South Asia FM allotted Surat, Amritsar, Patna, Chandigarh and Jammu FM channels

    NEW DELHI: M/s South Asia FM Ltd has been declared as the winning bidder for five Radio FM channels, just a day after the commencement of the auction for the second batch of Phase III.

    The company will be allotted FM Channels in Surat, Amritsar, Patna, Chandigarh and Jammu.

    The details of the details of the successful bids and number of winning channelss and associated Frequency spots along with successful bid amount – Non-refundable One Time Entry Fee (NOTEF) are:

    City Frequency Spot selected (MHz) Successful Bid amount (NOTEF)

    Surat           95                                         Rs 3,60,00,000
     Amritsar     93.5                                      Rs 6,03,97,038
    Patna          93.5                                      Rs 17,89,83,876
    Chandigarh 93.5                                      Rs 19,04,72,374
     Jammu        91.9                                     Rs 1,01,07,090

    This data has been compiled on the basis of system generated “Final Round Result Report” and “Frequency Identification Report” accessible through auction administrator
    role.

    South Asia FM Limited, one of the fourteen shortlisted bidders, is a Public incorporated on 09 November 2005. It is classified as Non-govt company and is registered at Registrar of Companies, Chennai. Its authorized share capital is Rs. 6,550,000,100 and its paid up capital is Rs. 6,153,605,100.It is inolved in Motion picture, radio, television and other entertainment activities

    South Asia Fm Limited’s Annual General Meeting (AGM) was last held on 24 September 2015 and as per records from Ministry of Corporate Affairs (MCA), its balance sheet was last filed on 31 March 2015.

    Directors of South Asia FM Limited are Jagadeesan Ravindran, Kannappan Shanmugam, Arjun Rao Donakanti, .