FM auctions: Race for 5 channels continues
At the close of the 24th day of bidding, 94 channels in 56 cities became provisional winning channels with cumulative provisional winning price of about Rs 1143 Crore against their aggregate reserve price of about Rs 459 Crore. Thus the summation of provisional winning prices surpassed the cumulative reserve price of the corresponding 94 channels by Rs 684.1 Crore or 149.1%. Overall, cumulative provisional winning price exceeded the total reserve price of the first batch i.e. Rs 550.18 Crore by Rs 592.8 Crore or 107.7%.
While Varanasi and Jodhpur are applicable for 5% price hike today, Guwahati and Shillong are applicable for 1% price hike. Bidding is happening for two channels in Shillong and 1% each in rest of the cities.
The following table summarizes 24 days of bidding:
Sl No |
Date of Bidding |
Status at the end of Round No |
No of Provisionally Won Channels |
No of Cities |
Cumulative Reserve Price of Provisionally Won Channels (In Crore Rs) |
Cumulative Provisional Winning Price (In Crore Rs) |
1 |
27.07.2015 |
4 |
78 |
54 |
357 |
395 |
2 |
28.07.2015 |
8 |
79 |
55 |
377 |
479 |
3 |
29.07.2015 |
12 |
80 |
55 |
377 |
549 |
4 |
30.07.2015 |
16 |
80 |
55 |
391 |
643 |
5 |
31.07.2015 |
20 |
80 |
55 |
391 |
714 |
6 |
03.08.2015 |
24 |
82 |
56 |
395 |
779 |
7 |
04.08.2015 |
28 |
83 |
56 |
395 |
827 |
8 |
05.08.2015 |
32 |
83 |
56 |
395 |
869 |
9 |
06.08.2015 |
36 |
85 |
56 |
407 |
900 |
10 |
07.08.2015 |
40 |
86 |
56 |
425 |
946 |
11 |
10.08.2015 |
44 |
87 |
56 |
425 |
969 |
12 |
11.08.2015 |
48 |
86 |
56 |
425 |
987 |
13 |
12.08.2015 |
52 |
87 |
56 |
425 |
1005 |
14 |
13.08.2015 |
56 |
88 |
56 |
426 |
1022 |
15 |
14.08.2015 |
60 |
91 |
56 |
449 |
1079 |
16 |
17.08.2015 |
64 |
92 |
56 |
451 |
1090 |
17 |
18.08.2015 |
68 |
93 |
56 |
458 |
1116 |
18 |
19.08.2015 |
72 |
94 |
56 |
459 |
1123 |
19 |
20.08.2015 |
76 |
94 |
56 |
459 |
1128 |
20 |
21.08.2015 |
80 |
94 |
56 |
459 |
1130.5 |
21 |
24.08.2015 |
84 |
94 |
56 |
459 |
1134 |
22 |
25.08.2015 |
88 |
94 |
56 |
459 |
1136.6 |
23 |
26.08.2015 |
92 |
94 |
56 |
459 |
1139.3 |
24 |
27.08.2015 |
96 |
94 |
56 |
459 |
1143 |
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