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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