The IPL Mega Auction will begin today. In 2018, the mega auction was held for the first time. At the time, the auction featured eight teams. The auction will feature ten teams this time. The auction will include 590 players at the same time. This auction, which will take place in Bangalore, will select 217 players. The first ten marquee players will be auctioned off. Following that, the remaining players will be auctioned off.
The IPL will begin on March 27 this year. The teams have already retained 33 players for a total of Rs 343.7 crores. The auction’s total budget is Rs 900 crore. As a result, ten teams will compete for a total of 556.3 crores in the auction, which begins at 12 p.m. in Bengaluru.
The sum is expressed in crores.
He is the most successful player in the game.
611 Chennai Super Kings
The owner is Chennai Super Kings Cricket Limited. Non-promoter shareholders own the company (54.6 percent ). India Cements Shareholders Trust (30.1%), Shree Sharda Logistics (6.9%), LIC (6%), and Radhakishan Damani (2.4%) are among the shareholders.
370 Delhi Capitals
GMR Group and JSW Group each own 50 percent of the company. GMR stands for Gandhi Mallikarjan Rao, and it is owned by Sajjan Jindal (JSW).
249 Rajasthan Royals
The largest shareholder is Manoj Badale (65 percent). Lachlan Murdoch (13%) and Red Bird Capital Partners (15%) own a piece of the company.
543 (Kolkata Knight Riders)
This team is owned by Shah Rukh Khan, Gauri Khan (Red Chillies Entertainment), Juhi Chawla, and her husband Jai (Mehta Group). Mehta Group (55 percent) and Red Chillies Entertainment Pvt. Ltd. (45 percent ).
318 Punjab Kings
There are four owners on this team. Dabur has 46% of the vote, Wadia Group has 23%, Preity Zinta has 23%, and APJ Surendra Group has 8%.
761 Mumbai Indians
Reliance Industries is a company based in India (100 percent ) This team is owned by Mukesh and Nita Ambani.
Bangalore Royal Challengers 536
United Spirits Limited is a company that produces alcoholic beverages (100 percent ) United Spirits is a subsidiary of the Diageo Group, a British company.
Hyderabad Sunrisers 442
This team is owned by Deccan Chronicles (2008-2012), Sun TV Network (until now), and Kalanidhi Maran (Sun TV Network).
The Lucknow Super Giants are a team based in Lucknow, India
The RPSG Group is a company based in the United Kingdom. Sanjeev Goenka has the most to gain from this. This is the first time this team has entered the auction.
Gujarat Titans are a professional football team based in Gujarat
CVC Capital Partners, a private equity firm, owns it. This is the first time this team has entered the auction.