FM auction: Varanasi still on a roll

On Day 19, Varanasi and Shillong had a new city for company as far as 5% applicable price rise goes - Jodhpur. These cities applicable for 1% price rise today are Guwahati and Kolhapur.  A lot of analysis, it seems, is going into picking cities to bid for, to optimise the value of budgets remaining.

As per the I&B Ministry’s official communique, at the close of the 19th day of bidding, 94 channels in 56 cities became provisional winning channels with cumulative provisional winning price of about Rs1128 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 669.24 Crore or 145.8%. Overall, cumulative provisional winning price exceeded the total reserve price of the first batch i.e. Rs 550.18 Crore by Rs 577.92 Crore or 105%.

The following Table summarizes 19 days of bidding:

The following Table summarizes 19 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

 

 

 

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