Next up is West Indies all-rounder Dwayne Smith, with a base price of Rs. 50 lakh.

Pune jump in straightaway with the opening bid before Gujarat Lions come into the fray.

The two new franchises are again engaged in a bidding war as the price zooms more than four times to Rs. 2 crore.

Gujarat take the bid to Rs. 2.3 crore before Pune decide to pull out.