About the role
Overview
A high-intensity IPL-style franchise auction simulation conducted under AAYAM – The Annual Techfest of NIT Agartala, organized by the Business Club, NIT Agartala.
Participants step into the role of franchise owners and build their own cricket squad within a fixed virtual budget. Teams strategically bid for players based on overall IPL performance data to maximize their total team rating.
The competition combines cricket knowledge, strategy, budgeting, analytics, and decision-making under pressure.
Event Structure:
Round 1 – Preliminary Round:
- Quiz / Case-based format
- Focus Areas: IPL History
- Recent IPL Performance Analysis
- Auction Strategy
- Top teams qualify for the Live Auction Round
- Organizers reserve the right to reschedule in case of technical issues
Round 2 – Live Auction:
- Conducted at NIT Agartala.
- Qualified teams bid for players in a live auction format managed by an official auctioneer.
Franchise selection will be based on preliminary ranking. - Final ranking will be based on total team rating calculated after the auction.
Squad Formation Rules
Squad Size
- Minimum: 15 players
- Maximum: 18 players
Each squad must include at least:
- 5 Batters
- 4 Bowlers
- 2 All-Rounders
- 1 Wicketkeeper
Remaining slots may be filled by any role.
Failure to meet squad composition rules will result in disqualification.
• The retention window will be opened before the auction (details to be announced).
Auction Rules:
- Bids once acknowledged cannot be withdrawn.
- Minimum bid increment will be declared before the auction starts.
- Auctioneer's decision will be final in case of disputes.
Winning Criteria:
- Top 3 teams with the highest total team rating will be declared winners.