Bengaluru, Feb 6: Australian all-rounder Shane Watson was the costliest cricketer at Rs 9.5 crore at the Indian Premier League (IPL) 2016 Players Auction here today (February 6). Watson will play for Royal Challengers Bangalore (RCB). (Final list of squads)

List of players retained; The players released" title="Auction guide; List of players retained; The players released" />Auction guide; List of players retained; The players released

Last year's record holder Yuvraj Singh was bought for Rs 7 crore this time. He will play for Sunrisers Hyderabad. In 2015, he attracted Rs 16-crore bid from Delhi Daredevils. (List of players sold)

All times in IST. Currency in Indian Rupees (For conversion in US dollars check here)

5.55 PM: That concludes the IPL Players Auction, announces Richard Madley.

5.54 PM: LAST PLAYER in auction - Mahipal Lomror, currently playing Under-19 World Cup for India. He is sold for Rs 10 lakh to Delhi

5.51 PM: It is now the final leg of the auction. Only 4 players available. SOLD - Farhaan Behardien is picked by Punjab for Rs 30 lakh. Akhil Herwadkar - Rs 10 lakh to Delhi

5.40 PM: We are almost at the end of the auction. Franchises have been asked for up to 3 names to be re-presented from the unsold list

5.39 PM: SOLD - Vikas Tokas (Rs 10 lakh, Bangalore)

5.37 PM: SOLD - Australian Adam Zampa goes to Pune for Rs 30 lakh. Vikramjeet Malik heads to Bangalore for Rs 20 lakh. Scott Boland (Rs 50 lakh, Pune), Pawan Suyal (Rs 10 lakh, Delhi), Paceman Amit Mishra (Rs 10 lakh, Gujarat), Jaskaran Singh (Rs 10 lakh, Pune), Chama Milind (Rs 10 lakh, Delhi)

5.29 PM: SOLD - Samuel Badree to Bangalore (Rs 50 lakh). Joel Paris (Rs 30 lakh) to Delhi

5.27 PM: SOLD - Ashok Dinda (Rs 50 lakh to Pune). Kane Richardson to Bangalore for Rs 2 crore

5.22 PM: SOLD - Swapnil Singh, SK Ahmed, Jaydev Shah. Pratyush Singh. That concludes all-rounders' section. Next are bowlers

5.18 PM: SOLD - Another uncapped Indian all-rounder in crore-club. Krunal Pandya, brother of Hardik Pandya, gets Rs 2 crore from Mumbai. Both brothers in same team now. Also sold are - Vijay Shanker, Baba Aparajith, Shadab Jakati, Akshay Karnekar, Akshdeep Nath, Manan Sharma, Deepak Chahar, KP Kamath, Pradeep Sahu, Deepak Punia, Swapnil Singh

Well done my brother from the same mother 😘 congrats buddy to achieve big heights and @mipaltan Pandya are geared up 😊😊✌️

— hardik pandya (@hardikpandya7) February 6, 2016

4.57 PM: SOLD - Andrew Tye (Rs 50 lakh to Gujarat), Jason Holder (Rs 70 lakh to Kolkata), Peter Handscomb (Rs 30 lakh to Pune), Arman Jaafer (Rs 10 lakh to Punjab), Thisara Perera (Rs 1 crore to Pune), Jitesh Sharma (Rs 10 lakh to Mumbai), Ben Cutting (Rs 50 lakh to Hyderabad), Praveen Dubey (Rs 35 lakh to Bangalore)

4.41 PM: SOLD - Sam Billings (Rs 30 lakh to Delhi), T Suman (Rs 10 lakh to Hyderabad), Ankush Bains (Rs 10 lakh to Pune), Umang Sharma (Rs 10 lakh to Gujarat)

4.33 PM: SOLD - Marquee Player Aaron Finch, unsold in the morning, is picked by Gujarat at his base price Rs 1 crore. However, Martin Guptill, Hashim Amla, George Bailey, Michael Hussey, Usman Khawaja, Mushfiqur Rahim are UNSOLD again

4.30 PM: Back for the final session. Accelerated process now. Some of the unsold players, as requested by the franchises, will be back

3.36 PM: Next is the accelerated process. The franchises have been asked to fill out forms where they need to name unsold players who will be called back. Resumption after 20 minutes

3.35 PM: SOLD - KC Cariappa goes to Punjab for Rs 80 lakh

3.32 PM: Surprises keep coming. SOLD - Legspinner M Ashwin of Tamil Nadu is paid Rs 4.2 crore by Pune. Sarabjeet Ladda goes to Gujarat for Rs 10 lakh

3.27 PM: SOLD - Veteran spinner Pravin Tambe will bowl for Gujarat Lions. He was bought for Rs 20 lakh. Shivil Kaushik too goes to Gujarat at Rs 10 lakh. Sarabjeet Ladda - Rs 10 lakh to Gujarat. They have bought 3 spinners

3.15 PM: SOLD - Uncapped 20-year-old Indian paceman Nathu Singh goes to Mumbai for Rs 3.2 crore. His base price - Rs 10 lakh

3.10 PM: SOLD - Rajat Bhatia to Pune for Rs 60 lakh, Pradeep Sangwan to Gujarat Rs 20 lakh. Kevin O'Brien, Kevon Cooper, C Stephen, D Muthuswamy, V Malik, VP Singh, H Singh Bansal UNSOLD

3.00 PM: THIS is the biggest surprise of the day so far. SOLD - All-rounder Pawan Negi, who was yesterday included in the Indian team for World T20, gets a whopping Rs 8.5 crore from Delhi. His base price Rs 30 lakh

2.52 PM: SOLD - Deepak Hooda Rs 4.2 crore to Hyderabad. Heavy bidding for Hooda between Kolkata and Hyderabad. His base price was Rs 10 lakh. Big surprise

2.47 PM: Now it is uncapped all-rounders. SOLD - Iqbal Abdulla to Bangalore - Rs 10 lakh

2.44 PM: SOLD - Aditya Tare - Rs 1.2 crore to Hyderabad

2.43 PM: UNSOLD - CM Gautam, Pinal Shah

2.39 PM: SOLD - Eklavya Dwivedi - Rs 1 crore to Gujarat

2.36 PM: SOLD - India Under-19 World Cup captain Ishan Kishan has been bought by Gujarat Lions for Rs 35 lakh. Another India U-19 World Cup player Rishabh Pant (wicketkeeper-batsman) has triggered a bidding war between Bangalore and Mumbai. His base price Rs 10 lakh. Delhi too joined and they get him for Rs 1.9 crore. Pant scored 111 off 96 balls in U-19 World Cup quarter-final against Namibia today in Bangladesh

2.29 PM: SOLD - Paras Dogra to Gujarat for Rs 10 lakh. Mithun Manhas, T Suman, Himanshu Rana, Ankeet Bawane, Debabrata Das, Aiden Blizzard UNSOLD

2.25 PM: SOLD - Karun Nair to Delhi for Rs 4 crore. His base price was Rs 10 lakh. It was between Delhi and Hyderabad

2.15 PM: Auction resumes after lunch. It is time for uncapped players. Batsmen first. Sachin Baby (Base price Rs 10 lakh) of Kerala is the player to start. SOLD to RCB at Rs 10 lakh

1.06 PM: That concludes the morning session. LUNCH BREAK NOW. Resumption at 2.15 PM. Biggest gainer so far - Shane Watson - Rs 9.5 crore

1.05 PM: UNSOLD - Taskin Ahmed, Shannon Gabriel, Tino Best, Jackson Bird, Scott Boland

1.02 PM: Last set of players to go under the hammer before th LUNCH break. Bowlers again

1.00 PM: No interest at all at the all-rounders who are on view now. UNSOLD - Isuru Udana, Soumya Sarka, Dilruwan Perera, Narsingh Deonarine, Henry Davids, Milinda Siriwardana, Dilshan Munaweera, Christopher Barnwell, George Worker, Seekkuge Prasanna, Dasun Shanaka

12.56 PM: Moving on to next set, number 13. All-rounders again

12.55 PM: UNSOLD - No takers for Pankaj Singh, Nuwan Kulasekara, Ben Laughlin, Krishmar Santokie

12.53 PM: Time for bowlers again. UNSOLD - Fidel Edwards, Jerome Taylor, Parvinder Awana, Sudeep Tyagi, Shaun Tait

12.50 PM: UNSOLD - Jeevan Mendis, Vernon Philander, Juan Theron, Shehan Jayasuriya, Rayad Emrit, Anton Devcich, Johan Botha, Ashton Agar, Robin Peterson

12.44 PM: Another set of all-rounders to go under the hammer. No bids for South African Farhaan Behardien, Nathan McCullum (New Zealand)

12.42 PM: SOLD - Australian batsman Travis Head sold for Rs 50 lakh to Bangalore

12.39 PM: Batsmen again. Lahiru Thirimanne, Richard Levi, Cameron White, Tamim Iqbal, Marlon Samuels, Dean Elgar, Reeza Hendricks UNSOLD

12.37 PM: Paceman Munaf Patel is UNSOLD. So is Beuren Hendricks of South Africa. That conclused another set of fast bowlers.

12.36 PM: SOLD - Abhimanyu Mithun picked by Hyderabad at his base price of Rs 30 lakh. RP Singh also SOLD for Rs 30 lakh, his base price, to Pune

12.34 PM: SOLD - India left-arm seamer Barinder Sran, who made his international debut recently in Australia ODI series, is snapped up by Hyderabad for Rs 1.2 crore

12.28 PM: SOLD - South African fast bowler Kyle Abbott will bowl for Punjab - Rs 2.1 crore

12.25 PM: SOLD - Left-arm paceman Jaydev Unadkat is picked by Kolkata for Rs 1.6 crore

12.22 PM: SOLD - First Bangladeshi player to be bought today. It is paceman Mustafizur Rahman. He gets Rs 1.4 crore from Sunrisers Hyderabad

12.18 PM: Now it is Set number 9. Fast bowlers again on display. First up - Joel Paris of Australia

12.17 PM: SOLD - Marcus Stoinis of Australia to Punjab for Rs 55 lakh. James Neesham, Sean Abbott, Abhishek Nayar UNSOLD

12.14 PM: SOLD - After intense bidding between Delhi and Kolkata, West Indies' all-rounder Carlos Brathwaite goes to the former (Daredevils) at Rs 4.2 crore

12.08 PM: Another set of all-rounders on view now. UNSOLD - Andrew Tye, Doug Bracewell, Chris Jordan, Wayne Parnell, Ben Cutting, Grant Elliott

12.05 PM: UNSOLD - David Hussey, Darren Bravo, Adam Voges, Nic Maddinson, Owais Shah, Abhinav Mukund

12.01 PM: Auction resumes. First up - Batsmen. Joe Burns of Australia is UNSOLD

11.51 AM: List of players sold in session 2

Wicketkeepers

Sanju Samson - Rs 4.2 crore to Delhi

Jos Buttler - Rs 3.8 crore to Mumbai

Dinesh Karthik - Rs 2.3 crore to Gujarat

All-rounders

Irfan Pathan - Rs 1 crore to Pune

Chris Morris - Rs 7 crore to Delhi

Colin Munro - Rs 30 lakh to Kolkata

Stuart Binny - Rs 2 crore to Bangalore

Mitchell Marsh - Rs 4.8 crore to Pune

Fast bowlers

Dhawal Kulkarni - Rs 2 crore to Gujarat

John Hastings - Rs 1.3 crore to Kolkata

Praveen Kumar - Rs 3.5 crore to Gujarat

Tim Southee - Rs 2.5 crore to Mumbai

Mohit Sharma - Rs 6.5 crore to Punjab

11.44 AM: END of 1st specialists' set. 15-minute break. The surprises of the 2nd session were Morris (Rs 7 crore from Delhi) and Mohit - Rs 6.5 crore to Punjab

11.43 AM: UNSOLD - V Perumal, Nathan Lyon, D Bishoo, Michael Beer, Ajantha Mendis, Sulieman Benn, Rahul Sharma, Cameron Boyce, Samuel Badree, Pragyan Ojha

11.36 AM: Now to go under the hammer - the spinners. First up is Sri Lanka's Sachithra Senanayake. He is UNSOLD

11.35 AM: UNSOLD - Australian fast bowler James Pattison

11.32 AM: SOLD - Mohit (Base price Rs 1.5 crore) has broken the Rs 5 crore barrier. Bidding war between Kings XI Punjab and Sunrisers Hyderabad. Mohit is picked by Punjab for Rs 6.5 crore. Huge surprise this.

11.29 AM: Ashoke Dinda is UNSOLD. Next up is paceman Mohit Sharma, who was with the now suspended Chennai Super Kings

11.28 AM: Tim Southee of New Zealand is SOLD to Mumbai - Rs 2.5 crore

11.27 AM: What does an unsold cricketer mean? Here is former Chief Minister of Jammu and Kashmir, Omar Abdullah's take

Unsold cricketer at #IPLAuction = MLA/MP overlooked for ministry before oath taking ceremony. *embarrassed but putting on a brave face*

— Omar Abdullah (@abdullah_omar) February 6, 2016

11.25 AM: SOLD Indian paceman Praveen Kumar goes to Gujarat. Rs 3.5 crore

11.19: SOLD - Australia's John Hastings will play for Kolkata. He gets Rs 1.3 crore

11.16 AM: SOLD - Gujarat Lions buy Dhawal Kulkarni at his base price of Rs 2 crore

11.14 AM: Sri Lankan all-rounder Thisara Perera is UNSOLD. Now it is time for fast bowlers. First up is Dhawal Kulkarni (Base price Rs 2 crore)

11.13 AM: SOLD - Mitchell Marsh of Australia to Pune for Rs 4.8 crore

11.08 AM: SOLD - Colin Munro to Kolkata Rs 30 lakh. Stuart Binny - Rs 2 crore to Bangalore

11.05 AM: SOLD - Big surprise so far. Morris gets Rs 7 crore from Delhi

11.01 AM: Now bidding for South African all-rounder Chris Morris. It is between Mumbai and Kolkata

10.59 AM: UNSOLD - Ravi Bopara, Tillakaratne Dilshan

10.57 AM: SOLD - Irfan to play for Pune - Rs 1 crore

10.55 AM: Irfan Pathan is next on the list. He has had a good domestic limited overs season for Baroda. Pune open the bidding at Rs 1 crore

10.53 AM: End of wicketkeepers section. Now it is time to welcome the all-rounders. First up Manoj Tiwary (Base price Rs 1 crore). He is UNSOLD

10.52 AM: SOLD - Dinesh Karthik to Gujarat Lions - Rs 2.3 crore

10.48 AM: UNSOLD - Mushfiqur Rahim, Brad Haddim, Morne van Wyk, Sam Billings, Ben Dunk

10.45 AM: SOLD - Buttler to Mumbai - Rs 3.8 crore

10.42 AM: Now bidding for England wicketkeeper-batsman Jos Buttler. His base price is Rs 1.5 crore. Mumbai open the bid. Kolkata are in now

10.40 AM: SOLD - Samson to Delhi - Rs 4.2 crore. West Indies' Shane Dowrich is UNSOLD

10.34 AM: Next is the turn of wicketkeepers. Sanju Samson is first - Rs 2 crore base price

10.32 AM: Next up is Australian left-handed batsman Usman Khawaja (Rs 1 crore base price). He was in great form in the recently concluded Big Bash League Twenty20 in Australia. He too is UNSOLD

10.31 AM: UNSOLD - George Bailey, Subramaniam Badrinath, Mahela Jayawardene, Michael Hussey

10.28 AM: UNSOLD - Hashim Amla

10.27 AM: UNSOLD - Cheteshwar Pujara

10.25 AM: Auction resumes after a 15-minute break. Next are batsmen. First up - Rilee Rossouw from South Africa. He remains UNSOLD

10.13 AM: Players sold so far (Marquee Players set). 2 Unsold - Guptill, Finch

Kevin Pietersen - Rs 3.5 crore to Pune

Dwayne Smith - Rs 2.3 crore to Gujarat

Ishant Sharma - Rs 3.8 crore to Pune

Shane Watson - Rs 9.5 crore to Bangalore

Ashish Nehra - Rs 5.5 crore to Hyderabad

Yuvraj Singh - Rs 7 crore to Hyderabad

Dale Steyn - Rs 2.3 crore to Gujarat

10.09 AM: SOLD - Steyn to Gujarat Lions - Rs 2.3 crore. That is the end of Marquee set. 15 minutes break now

10.06 AM: Next up is South African fast bowler Dale Steyn (Base price Rs 1.5 crore)

10.05 AM: SOLD - Yuvraj to Sunrisers - Rs 7 crore

10.04 AM: RCB join with Mumbai to bid for Yuvraj. New bidder Sunrisers join at Rs 6 crore. RCB get back with Rs 6.5 crore

10.01 AM: Yuvraj Singh is next up. Rs 2 crore base price. Last year he won a record bid of Rs 16 crore. Mumbai open the bids

9.58 AM: SOLD - Nehra - Rs 5.5 crore to Sunrisers Hyderabad

9.54 AM: Ashish Nehra (Base price Rs 2 crore)

9.53 AM: Next player - Aaron Finch of Australia. He is UNSOLD

9.52 AM: SOLD - Watson gets Rs 9.5 crore from Royal Challengers Bangalore. There was heavy bidding between Mumbai and Bangalore.

9.47 AM: Australian all-rounder Shane Watson - Base price Rs 2 crore. Pune and Bangalore bid for Watson, who recently hit a T20I century against India. Watson was with Rajasthan Royals, who are suspended for 2 years from the league.

9.46 AM: New Zealand batsman Martin Guptill is next. First time in auction. He has not played IPL before. Base price Rs 50 lakh. Surprise NO BIDS for Guptill

9.45 AM: SOLD - Ishant to Pune - Rs 3.8 crore

9.42 AM: Next is Indian paceman Ishant Sharma (Base price Rs 2 crore). Kings XI Punjab start the bid. Pune join in

9.40 AM: SOLD - Gujarat Lions buy Smith for Rs 2.3 crore

9.38 AM: Next up is West Indies' all-rounder Dwayne Smith (Base price Rs 50 lakh).

9.37 AM: SOLD - Pune buy Pietersen for Rs 3.5 crore.

9.35 AM: Pietersen - Base price Rs 2 crore. Pune open the bidding. Gujarat Lions join the bidding at Rs 2.1 crore

9.34 AM: Auctioneer Madley announces that first up will be the Marquee Players. 9 are there. First player out of the hat, drawn by Shukla is Kevin Pietersen of England

9.30 AM: IPL Chairman Rajeev Shukla after welcoming all the teams to auction announces the tournament will begin on April 9 at Mumbai's Wankhede Stadium. Shukla invites "the great hammer man" Richard Madley to start the auction

9.22 AM: Mumbai Indians head coach Ricky Ponting is ready for the auction

. @mipaltan head coach Ricky Ponting having a chat with @KKRiders' Simon Katich #IPLauction pic.twitter.com/XURgrD9a6X

— IndianPremierLeague (@IPL) February 5, 2016

9.19 AM: The organisers have just announced that veteran left-arm paceman Ashish Nehra has been moved to the Marquee Players. So we have 9 there. Nehra's base price is Rs 2 crore. Yuvraj and Ishant Sharma are the other 2 Indians on the list

9.16 AM: Funds remaining for each team - Check here

9.12 AM: We are 18 minutes away from the action. Take a look at who all are in the auction?

Here is the full list of 351 players

Each team can have a maximum of 27 players with upto 9 overseas

IPL Chairman @ShuklaRajiv addressing the teams ahead of #IPLauction pic.twitter.com/AC3141t8rA

— IndianPremierLeague (@IPL) February 5, 2016

Ashish Nehra is now part of marquee player auction list. His base price is INR 2 crore #IPLauction

— IndianPremierLeague (@IPL) February 5, 2016

#IPLauction - Table 1 (GL), Table 2 (@mipaltan), Table 3 (@RPSupergiants), Table 4 (@SunRisers), Table 5 (@KKRiders ) - Part I

— IndianPremierLeague (@IPL) February 5, 2016

#IPLauction - Table 6 (@RCBTweets), Table 7 (@@DelhiDaredevils), Table 8 (@lionsdenkxip ) - Part II

— IndianPremierLeague (@IPL) February 5, 2016

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