E-Auction of First Batch of Private FM Radio Phase III Channels
E-Auction of First Batch of Private FM Radio Phase
III Channels Continues; 96 Rounds of Bidding Completed at the End of Day 24
E-Auction of the First Batch of Private
FM Radio Phase III Channels re-commenced today on 27th August
2015 at 09.30 AM and during the day, four rounds of bidding took place.
Till now, 96 rounds of bidding are over.
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%.
The Auction for the first batch
comprising 135 FM Channels in 69 existing cities of Phase II began on 27th July
2015.
The Auction Activity Requirement (AAR) is 100%. It was
increased from 90% after 59th Round on 14th August,
2015. The channel allocation stage will continue till the bids are received for
any of the 135 channels.
Bidding will re-commence on 28th August,
2015 at 09.30 AM.
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
|
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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