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New Zealand's Lockie Ferguson is sold to Punjab Kings for Rs 2 crore, his base price. No usage of RTM.

Chennai Super Kings, Lucknow Super Giants, Punjab Kings show interest for seamer Akash Deep. CSK bow out of competition. Between LSG and PBKS now. Lucknow have the highest bid at Rs 8 crore. SOLD! Akasheep has been sold to Lucknow Super Giants for Rs 8 crore

Deepak Chahar next in. MI get the bidding process going at his base price of Rs 2 crore. PBKS keep the bidding going. MI and PBKS the only teams keen on the India seamer. MI up the offer to Rs 7.75 crore. PBKS ask for a moment to discuss. The moment gets longer. CSK, meanwhile, join in at Rs 8 crore. MI clearly interested in him and outbid CSK at Rs 9.25 crore Chahar sold to MI for Rs 9.25 crore

India seamer Mukesh Kumar is next out for bids at Rs 2 crore. PBKS and CSK the two parties keen on getting him into their midst. Punjab lift the paddle and the highest bid is now Rs 6 crore. Chennai keep it going, Punjab return as well. Is that it at Rs 6.50 crore? Sold! Mukesh Kumar sold to Punjab Kings at Rs 6.50 crore

DC have the option to use the RTM and they do.

Will PBKS up their offer? They are in deep discussion with coach Ricky Ponting at the centre of it. Yes they raise it to Rs 8 crore.

Chance now for DC to match it or better. Yes they match it.

Mukesh Kumar will remain with Delhi Capitals for Rs 8 crore as the team uses its RTM Card

Bhuvneshwar Kumar enters at Rs 2 crore and immediately draws huge interest. LSG and MI the only teams interested as the bids reach Rs 10 crore in almost no time. Out of nowhere, RCB come in at Rs 10.75 crore and have outbid the other two teams. Bhuvneshwar Kumar joins RCB for Rs 10.75 crore

South African seamer Gerald Coetzee enters the fray at Rs 1.25 crore. GT and PBKS with the interest for his services. SOLD! Coetzee sold to GT for Rs 2.40 crore

The next set is for capped fast bowlers. It includes:

Deepak Chahar
Gerald Coetzee
Akash Deep
Tushar Deshpande
Lockie Ferguson
Bhuvneshwar Kumar
Mukesh Kumar

and we start with Tushar Deshpande and CSK, his former franchise, gets the ball rolling. RR also show interest. He entered at Rs 1 crore and jumps to Rs 6.50 crore with Rajasthan Royals holding the biggest bid. And SOLD! Tushar Deshpande is sold to Rajasthan Royals for Rs 6.50 crore

Most expensive players today as we head into a quick break:

Marco Jansen: Rs 7 crore (to PBKS)

Krunal Pandya: Rs 5.75 crore (to RCB)

Nitish Rana: Rs 4.20 crore (to RR)

Washington Sundar: Rs 3.20 crore (to GT)

Sam Curran: Rs 2.40 crore (to CSK)

The list is rounded off by Alex Carey and Donovan Ferreira who go unsold

After interest from PBKS and SRH, Josh Inglis is sold to Punjab Kings for Rs 2.60 crore

India wicketkeeper-batter KS Bharat has not invited any bidders. He goes back into the bag for maybe coming in at a later stage

After Shai Hope goes unsold, next player out is Ryan Rickelton and he has been sold to Mumbai Indians for base price of Rs 1 crore. Incidentally, he plays for MI Cape Town in SA20

The next set is of capped wicketkeeper-batters which includes KS Bharat, Alex Carey, Donnovan Ferreira, Shai Hope, Josh Inglis, Ryan Rickelton

Former KKR player Nitish Rana enters at Rs 1.5 crore. CSK with the first bid. RR get involved too. RCB come in at Rs 2.40 crore. RCB and CSK in the tussle then. The bid reaches Rs 3.60 crore with RCB before RR opt to consider whether they want to up that offer. Yes they do. RCB and RR with the interest now. RR lift the paddle to take the bid to Rs 4.20 crore. RCB opt against going bigger than that. SOLD! Nitish Rana sold to RR for Rs 4.20 crore

Baroda's Krunal Pandya has had a brilliant Ranji Trophy start. RCB get the ball rolling at Rs 2 crore. RR show interest as well. RCB have the highest bid at Rs 4.80 crore. Do Royals come back? After much mulling, they do. Do RCB keep the process going? Yes they do. The bid has now reached Rs 5.25 crore. Finally, Krunal Pandya joins Royal Challengers Bengaluru for Rs 5.75 crore

New Zealand all-rounder Daryl Mitchell enters at 2 crore but remains unsold

South African all-rounder Marco Jasen is the next player out. His base price is of Rs 1.50 crore. MI and PBKS get the bidding going. GT join in. GT and PBKS express interest as MI pull away. Punjab with the highest bid at Rs 7 crore. Gujarat says they won't be upping that offer. SOLD! Jansen will play for PBKS at Rs 7 crore

England all-rounder Sam Curran with some interest from CSK and LSG before joining Chennai Super Kings for Rs 2.40 crore. Massive price drop for the player who had gone for Rs 18.50 crore earlier

First bidding war of the day is for Washington Sundar. The India all-rounder sees interest from GT and LSG before going to Gujarat for Rs 3.2 crore

A steal for Lucknow Super Giants as they get Australian Mitchell Marsh for Rs 3.40 crore.

Delhi Capitals di not use RTM card on Marsh.

SRH squad in IPL 2025 at the moment: Heinrich Klaasen, Pat Cummins, Abhishek Sharma, Travis Head, Mohammed Shami, Nitish Kumar Reddy

RCB squad in IPL 2025 at the moment: Virat Kohli, Rajat Patidar, Liam Livingstone, Yash Dayal

RR squad in IPL 2025 at the moment: Yashasvi Jaiswal, Sanju Samson, Dhruv Jurel, Riyan Parag, Shimron Hetmyer, Sandeep Sharma

PBKS squad in IPL 2025 at the moment: Shreyas Iyer, Arshdeep Singh, Yuzvendra Chahal, Shashank Singh, Prabhsimran Singh