Monday (January 23rd) will be a big day for women’s cricket in India, with a clear picture of who is really interested in making big investments. Those who have accepted the Women’s Indian Premier League (WIPL) Invitation to Tender (ITT) document will be required to submit their technical bids in the next few hours. Hours start at 10:00 am on Monday.
The financial offer she has to submit two days later, but the technical offer is interested in buying her 5 WIPL teams, which will be announced after the financial offer on Wednesday (January 25th). It shows a lot of the people involved.
It is clear that some big companies are among these five of her, as the Indian Cricket Control Board (BCCI) has imposed an INR 10 billion net worth clause on her. Speculation has been rife about India and two of the world’s largest companies, Ambanis and Adanis, which could be confirmed in talks on Monday.
With the Mumbai Indians being the richest of his IPL franchises, Ambanis is expected to take part in his WIPL auction in a big way, but not much has been said about Adanis these days. They were largely out of the spotlight after being perceived as a disappointment in an IPL auction where they failed to win the Ahmedabad franchise. Smarter with that experience, they were able to play smarter this time around, avoiding and refraining from any kind of publicity or publicity.
In any case, the Ahmedabad team is in high demand, with Bengaluru, Chennai, Guwahati, Kolkata, Mumbai and Nagpur being other cities BCCI offers for team bases. It would obviously be an advantage if the IPL side could acquire the WIPL team, but on the eve of the tech tender there is speculation that some big franchises could shy away from the auction. Teams such as SunRisers Hyderabad, Royal Challengers Bangalore, Kolkata Knight Riders, Delhi Capitals and Rajasthan Royals are expected.
It is not clear who among the non-IPL participants will appear, but as previously reported by Cricbuzz, Shriram Group, Nilgiri Group and AW Katkuri Group, APL Apollo, Haldiram, Chettinad Cement, JK Cement and Capri Global am ITT participated. Naman Group and Uday Kotak are among those groups believed to have joined the list.
Technical and financial bid submissions are typically made on the same day, but after the experience of CVC and the due diligence exercise that took a lot of time for BCCI, board members I set an offer for another day for stuff. BCCI would like to fully complete the review process before moving to a closed process financial tender.