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Press Information Bureau
Government of India
Ministry of Information & Broadcasting
20-August-2015 18:40 IST
E-Auction of First Batch of Private FM Radio Phase III Channels Continues; 76 Rounds of Bidding Completed at the End of Day 19

E-Auction of the First Batch of Private FM Radio Phase III Channelsre-commenced today on 20thAugust 2015at 09.30 AM and during the day, four rounds of bidding took place. Till now, 76rounds of bidding are over.

At the closeof the 19thday of bidding, 94channels in56cities became provisional winning channels with cumulative provisional winning price of about Rs1128Croreagainst their aggregate reserve price of about Rs 459Crore.Thus the summation of provisional winning pricessurpassed the cumulative reserve price of thecorresponding94channels by Rs669.24 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 577.92Crore or 105%.

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 day 19has been put on MIB website, www.mib.nic.in.Bidding will re-commenceon 21stAugust, 2015at 09.30 AM.

The following Table summarizes nineteendays 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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