Seventeen bidders, including seven companies that own men’s IPL teams, will participate in the BCCI auction on January 25 to purchase five IPL women’s franchisees ahead of the first edition in March. The auction will take place in Mumbai on Wednesday afternoon and the winning bidder will be determined in a closed bidding process.
The key eligibility criteria for the bid listed by BCCI as part of the clearing of the technical bidding process is that the bidder must have a verified net worth of at least her INR 10 billion as of March 31, 2022. was that ESPNcricinfo reports that the group’s own IPL team, Mumbai Indians, Kolkata Knight Riders, Royal Challengers Bangalore, Rajasthan Royals, Punjabi Kings, Sunrisers Hyderabad and Delhi Capitals have submitted their technical bids to deadline Monday. I found out.
The other three men’s IPL franchises – Chennai Super Kings, Gujarat Titans and Lucknow Super Giants – chose not to participate in the bidding process despite having purchased bidding papers. Other companies participating in financial services include Adani Group, Capri Global, Haldiram’s Group, Torrent Pharma, Apollo Pipes, Amrit Leela Enterprises, Shriram Group and Slingshot 369 Ventures Private Limited.
The BCCI has listed ten Indian cities and the venues in the tender document, which allows a single party to bid for more than one city. There is no base price set, and bids will be accepted for a ten-year period – 2023 to 2032. The ten shortlisted cities and venues are Ahmedabad (Narendra Modi Stadium, capacity 112,560), Kolkata (Eden Gardens, 65,000), Chennai (MA Chidambaram Stadium, 50,000), Bengaluru (M Chinnaswamy Stadium, 42,000), Delhi (Arun Jaitley Stadium, 55,000), Dharamsala (HPCA stadium, 20,900), Guwahati (Barsapara Stadium, 38,650), Indore (Holkar Stadium, 26,900), Lucknow (AB Vajpayee Ekana Cricket Stadium, 48,800) and Mumbai (Wankhede/DY Patil/Brabourne Stadiums).
Auction funds of INR 12 crore to build each team
Each franchise has access to auction funds of Rs 1.2 crore to build their first season roster.
BCCI has yet to officially announce a date for the auction, but it is expected to be in the first week of February.
In its application documents, BCCI said the squad size must be between 15 and 18. Each team will be allowed a total of 7 foreign players, including relevant nations. Foreign players playing XI are up to five of her, including one of hers from the relevant country. The first season of the women’s IPL is scheduled to take place between March 5th and 23rd, but the final schedule is still being worked out.