E-Auction of First Batch of Private FM Radio Phase III Channels Continues;
104 Rounds of Bidding Completed at the End of Day 26
104 Rounds of Bidding Completed at the End of Day 26
E-Auction of the first batch of private FM radio Phase III channels re-commenced today on 31st August 2015 at 09.30 AM and during the day, four rounds of bidding took place. Till now, 104 rounds of bidding are over.
At the close of the 26th day of bidding, 94 channels in 56 cities became provisional winning channels with cumulative provisional winning price of about Rs 1151.6 Crore against their aggregate reserve price of about Rs 459 Crore. Thereby the summation of provisional winning prices surpassed the cumulative reserve price of the corresponding 94 channels by Rs 692.7 Crore or 150.9%. Overall, cumulative provisional winning price exceeded the total reserve price of the first batch i.e. Rs 550.18 Crore by Rs 601.4 Crore or 109.3%.
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.
Daily auction report for the day has been put on the Ministry’s website www.mib.nic.in. Bidding will re-commence on 1st September, 2015 at 09.30 AM.
The following Table summarizes 26 days of bidding:
Day 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
|
25
|
28.08.2015
|
100
|
94
|
56
|
459
|
1147
|
26
|
31.08.2015
|
104
|
94
|
56
|
459
|
1151.6
|
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