South Asia FM Ltd. has been declared as the winning bidder for five Radio FM channels, just a day after the commencement of the auction for the second batch of Phase III. The company will be allotted FM Channels in Surat, Amritsar, Patna, Chandigarh and Jammu. The details of the details of the successful bids and number of winning channels and associated Frequency spots along with successful bid amount - Non-refundable One Time Entry Fee (NOTEF) are: 

City Frequency Spot selected (MHz) Successful Bid amount (NOTEF)

Surat 95 Rs 3,60,00,000
Amritsar 93.5 Rs 6,03,97,038
Patna   93.5 Rs 17,89,83,876
Jammu 91.9 Rs 1,01,07,090
Chandigarh  93.5 Rs 19,04,72,374

                                                                        - Broadcast and CableSat Bureau