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FM Phase III: Jaipur overtakes Hyderabad with Rs 19 crore bid

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FM Phase III: Jaipur overtakes Hyderabad with Rs 19 crore bid

The first stage of the Phase III auctions seem to be winding down after 9 days of rigorous activity. Delhi just has a single bid of Rs 138 crore at the end of Day 9. Ahmedabad, Bhubaneshwar and Bangalore saw no new bids on Day 9. Mumbai has two active bids of just over Rs 91 crore for its two frequencies at the end of Day 9.

The north-east region was quiet with Guwahati not seeing any new bids for its single frequency, the provisional winning price for the city now stands at just over Rs 1.63 crore. Lucknow saw two bids for its 3 frequencies with the provisional winning bid at just over Rs 14 crore (approx). Pune also saw two bids with the highest being Rs 33.77 crore. Nagpur and Kolhapur both have one bid each of around Rs 7 crore. Nasik has two bids for its 2 frequencies for around Rs 2 crore.

Jodhpur did not see any new bids yesterday while Jaipur is still in demand with 3 bids for its single frequency and the provisional winning price at Rs 19 crore now (approx). Udaipur saw no new bids, as has been the case for the past few days. Kanpur now has 2 bids for its 3 frequencies of around Rs 8 crore. Patna has one active bid of Rs 17.89 crore.

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