FM: Bhubaneshwar largest percentage gainer till now
Varanasi, Jodhpur and Guwahati are applicable for a 5% price rise today, while Allahabad is applicable for 1% price rise.
As per the I&B Ministry’s official communique, 17 cities have got provisional winning price for their channels more than 100% above their respective reserve prices. Ahmedabad, Amritsar, Aurangabad, Bengaluru, Bhubaneshwar, Chennai, Delhi, Guwahati, Jaipur, Jodhpur, Kolhapur, Mumbai, Nasik, Patna, Pune, Rourkela and Varanasi got provisional winning bidders at prices more than double the respective reserve prices. With the provisional winning price more than nine times the reserve price, single channel in Bhubaneshwar has undergone the most competitive bidding increment-wise.
After the Channel allocation stage is over, the Frequency allocation stage will commence on next working day. During this stage, the winning bidders will be allowed to select FM Frequency for the winning channel from the frequencies already identified in the respective city & as mentioned in the Notice Inviting Applications (NIA) dated 2nd March, 2015. Frequency selection preference would be based upon the rank of the bidders i.e. Rank 1 bidder would have the first preference to choose from the frequencies already identified. It may be noted that all the identified frequencies were made available for selection and included in the NIA after the same was demanded by the industry during first pre-bid conference dated 28th January 2015.
At the close of the 21st day of bidding, 94 channels in 56 cities became provisional winning channels with cumulative provisional winning price of about Rs 1134 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 675.22 Crore or 147.1%. Overall, cumulative provisional winning price exceeded the total
The following Table summarizes 21 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 |
1130.51 |
21 |
24.08.2015 |
84 |
94 |
56 |
459 |
1134 |
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