ITV

Tag: South Asia FM Ltd

  • FM P-III: Second batch e-auctions stopped; no activity for two weeks

    FM P-III: Second batch e-auctions stopped; no activity for two weeks

    NEW DELHI: With little or no movement for more than two weeks except for the Muzaffarpur bids, the e-auction for the second batch of FM Phase has been stopped, even as 44 cities failed to attract bidders, with just M/s South Asia FM Ltd declared as the winning bidder for five Radio FM channels a day after commencement of the process.

    Information and Broadcasting Ministry sources had earlier told 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.

    Ministry sources told the website today that a final result for the second will be issued in a day or two.

    On the last day of the e-auction on 13 December, the bid for Muzaffarpur had risen to Rs 4,35,31,244.from Rs 4,10,47,850 last week, but for the first time remaining below the clock round price of Rs 4,39,66,556.

    Hyderabad and Dehradun remained at top with Rs 23,43,48,266 and Rs 15,61,00,590 respectively on the 26th day with the completion of three rounds taking the total to 100.

    Fourteen bidding companies had been shortlisted for taking part in the second batch.. M/s South Asia FM Ltd will be allotted FM Channels in Surat, Amritsar, Patna, Chandigarh and Jammu.

    Other than Hyderabad and Dehradun, the top sixteen cities remained static with bids of more than Rs 32 million. The bids at Alappuzha (Alleppey), Erode, Hubli-Dharwad, Nellore, Salem, Vellore and Vijaywada remained at just over Rs 70 million while bids for Tiruchy was just above Rs 50 million and Tirupathi, Puducherry and Muzaffarpur to a little over Rs 40 million. Amravati, Bhavnagar, Jamnagar and Ujjain bid a little over Rs 35 million and Mysuru a little over Rs 32 million.

    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.

    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: E-auction moving at snail’s pace even as Muzaffarpur shows some rise

  • FM P-III: Second batch e-auctions stopped; no activity for two weeks

    FM P-III: Second batch e-auctions stopped; no activity for two weeks

    NEW DELHI: With little or no movement for more than two weeks except for the Muzaffarpur bids, the e-auction for the second batch of FM Phase has been stopped, even as 44 cities failed to attract bidders, with just M/s South Asia FM Ltd declared as the winning bidder for five Radio FM channels a day after commencement of the process.

    Information and Broadcasting Ministry sources had earlier told 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.

    Ministry sources told the website today that a final result for the second will be issued in a day or two.

    On the last day of the e-auction on 13 December, the bid for Muzaffarpur had risen to Rs 4,35,31,244.from Rs 4,10,47,850 last week, but for the first time remaining below the clock round price of Rs 4,39,66,556.

    Hyderabad and Dehradun remained at top with Rs 23,43,48,266 and Rs 15,61,00,590 respectively on the 26th day with the completion of three rounds taking the total to 100.

    Fourteen bidding companies had been shortlisted for taking part in the second batch.. M/s South Asia FM Ltd will be allotted FM Channels in Surat, Amritsar, Patna, Chandigarh and Jammu.

    Other than Hyderabad and Dehradun, the top sixteen cities remained static with bids of more than Rs 32 million. The bids at Alappuzha (Alleppey), Erode, Hubli-Dharwad, Nellore, Salem, Vellore and Vijaywada remained at just over Rs 70 million while bids for Tiruchy was just above Rs 50 million and Tirupathi, Puducherry and Muzaffarpur to a little over Rs 40 million. Amravati, Bhavnagar, Jamnagar and Ujjain bid a little over Rs 35 million and Mysuru a little over Rs 32 million.

    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.

    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: E-auction moving at snail’s pace even as Muzaffarpur shows some rise

  • FM P-III: A disappointing fortnight of slow & low bids

    FM P-III: A disappointing fortnight of slow & low bids

    NEW DELHI: Although Hyderabad and Dehradun continued to lead with bids of Rs 23,43,48,266 and Rs 15,61,00,590, respectively in the FM radio’s Phase III auctions for frequencies, the first fortnight remained disappointing with little movement in the bids or the price percentage increase on completion of 55 rounds.

    In fact, the number of rounds fell from four to three for the first time on the 14th day of auction on 21 November 2016. While Muzaffarpur showed a price percentage increase of one, 44 cities have still failed to attract any bids.

    Agartala has joined the band of Alappuzha (Alleppey), Erode, Hubli-Dharwad, Nellore, Salem, Vellore and Vijaywada where bids remained at just over Rs 70 million. Bids for Tiruchy increased to just above Rs 50 million and Tirupathi and Puducherry to a little over Rs 40 million. Amravati, Bhavnagar, Jamnagar and Ujjain bid a little over Rs 35 million and Mysuru a little over Rs 32 million.

    Thus, apart from minor rise in Agartala and Ujjain, there has been little movement in other cities over the past week. The first day of auction on 26 October 2016 saw a winning price of Rs 1,820 million against the aggregate price of Rs 1,792 million, while the second day saw low bids and no bids from three cities.

    Meanwhile, 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 frequencies in Surat, Amritsar, Patna, Chandigarh and Jammu.

    South Asia FM Limited, one of the 14 shortlisted bidders, is a public incorporated entity. It is classified as a non-government company and is registered at Chennai. Its authorized share capital is Rs. 6,550,000,100 and its paid up capital is Rs. 6,153,605,100.It is involved in motion picture, radio, television and other entertainment activities.

    Ministry of Information and Broadcasting (MIB) sources told indiantelevision.com that the aim was to continue till all the channels slated in the second batch were auctioned.

    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

    FM radio Phase III frequency allocation to bidders completed in three rounds

     

  • FM P-III: A disappointing fortnight of slow & low bids

    FM P-III: A disappointing fortnight of slow & low bids

    NEW DELHI: Although Hyderabad and Dehradun continued to lead with bids of Rs 23,43,48,266 and Rs 15,61,00,590, respectively in the FM radio’s Phase III auctions for frequencies, the first fortnight remained disappointing with little movement in the bids or the price percentage increase on completion of 55 rounds.

    In fact, the number of rounds fell from four to three for the first time on the 14th day of auction on 21 November 2016. While Muzaffarpur showed a price percentage increase of one, 44 cities have still failed to attract any bids.

    Agartala has joined the band of Alappuzha (Alleppey), Erode, Hubli-Dharwad, Nellore, Salem, Vellore and Vijaywada where bids remained at just over Rs 70 million. Bids for Tiruchy increased to just above Rs 50 million and Tirupathi and Puducherry to a little over Rs 40 million. Amravati, Bhavnagar, Jamnagar and Ujjain bid a little over Rs 35 million and Mysuru a little over Rs 32 million.

    Thus, apart from minor rise in Agartala and Ujjain, there has been little movement in other cities over the past week. The first day of auction on 26 October 2016 saw a winning price of Rs 1,820 million against the aggregate price of Rs 1,792 million, while the second day saw low bids and no bids from three cities.

    Meanwhile, 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 frequencies in Surat, Amritsar, Patna, Chandigarh and Jammu.

    South Asia FM Limited, one of the 14 shortlisted bidders, is a public incorporated entity. It is classified as a non-government company and is registered at Chennai. Its authorized share capital is Rs. 6,550,000,100 and its paid up capital is Rs. 6,153,605,100.It is involved in motion picture, radio, television and other entertainment activities.

    Ministry of Information and Broadcasting (MIB) sources told indiantelevision.com that the aim was to continue till all the channels slated in the second batch were auctioned.

    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

    FM radio Phase III frequency allocation to bidders completed in three rounds

     

  • FM Phase III e-auction tomorrow

    FM Phase III e-auction tomorrow

    NEW DELHI: The e-auctions for the second batch of Radio FM Phase III has been put off by a day to 26 October 2016.

    According to the Information and Broadcasting Ministry, this has been done as “it is informed that some of the prospective bidder(s) are facing technical difficulties for participating in auction”.

    A note on the website put up late in the evening said the auction had therefore been postponed by One day and will now start on 26 October 2016 from 9.30 am onwards. Late last week, the Government had released the earnest money deposit (EMD) by the pre-qualified bidders and the initial eligibility points (IEP) of each of these.

    According to a list put up on the website of the Ministry, Entertainment Network (India) Limited of the Times Group tops the list with an earnest money deposit of over Rs 375 million (Rs 37.5 crore) thus gaining 15,000 eligibility points.

    This is followed by Ushodaya Enterprises Private Limited with around Rs 133.3 million (around Rs 13.33 crore) as EMD,getting 5331 IEP and Kal Radio Limited with EMD of jRs 133 million (Rs 13.3 crore) and 5320 IEP.

    Alll the eleven bidders have put in an EMD of less than Rs 130 million (Rs 13 crore).

    The Ministry said any assistance in this regard is available on contact helpdesk +91-124- 430 2039 or support@c1eauctions.com.

    For the second batch, the Simultaneous Multiple Round Ascending e-auction process will be carried out for allotting the FM channels, conducted over the Internet. Bidders will be able to access the Electronic Auction System to be used for participation in the Auctions using web browsing software: Internet Explorer 11.x, or Mozilla 34.x. The EAS is a designated computer resource for the receiving of electronic records under the provisions of Section 13(2) of the Information Technology Act 2000, as amended from time to time.

    Also read:

    http://www.indiantelevision.com/regulators/ib-ministry/fm-p-iii-auction-emd-bidders-initial-eligibility-declared-161024

    http://www.radioandmusic.com/biz/regulators/ib-ministry/161021-second-batch-auction-fm-phase-iii-starts-25

     

  • FM Phase III e-auction tomorrow

    FM Phase III e-auction tomorrow

    NEW DELHI: The e-auctions for the second batch of Radio FM Phase III has been put off by a day to 26 October 2016.

    According to the Information and Broadcasting Ministry, this has been done as “it is informed that some of the prospective bidder(s) are facing technical difficulties for participating in auction”.

    A note on the website put up late in the evening said the auction had therefore been postponed by One day and will now start on 26 October 2016 from 9.30 am onwards. Late last week, the Government had released the earnest money deposit (EMD) by the pre-qualified bidders and the initial eligibility points (IEP) of each of these.

    According to a list put up on the website of the Ministry, Entertainment Network (India) Limited of the Times Group tops the list with an earnest money deposit of over Rs 375 million (Rs 37.5 crore) thus gaining 15,000 eligibility points.

    This is followed by Ushodaya Enterprises Private Limited with around Rs 133.3 million (around Rs 13.33 crore) as EMD,getting 5331 IEP and Kal Radio Limited with EMD of jRs 133 million (Rs 13.3 crore) and 5320 IEP.

    Alll the eleven bidders have put in an EMD of less than Rs 130 million (Rs 13 crore).

    The Ministry said any assistance in this regard is available on contact helpdesk +91-124- 430 2039 or support@c1eauctions.com.

    For the second batch, the Simultaneous Multiple Round Ascending e-auction process will be carried out for allotting the FM channels, conducted over the Internet. Bidders will be able to access the Electronic Auction System to be used for participation in the Auctions using web browsing software: Internet Explorer 11.x, or Mozilla 34.x. The EAS is a designated computer resource for the receiving of electronic records under the provisions of Section 13(2) of the Information Technology Act 2000, as amended from time to time.

    Also read:

    http://www.indiantelevision.com/regulators/ib-ministry/fm-p-iii-auction-emd-bidders-initial-eligibility-declared-161024

    http://www.radioandmusic.com/biz/regulators/ib-ministry/161021-second-batch-auction-fm-phase-iii-starts-25