The bids must be submitted on or before October 25. The tender will open on October 25 at the BCCI headquarters in Mumbai from 11 am.


The big names who recently have shown interest in the bidding are India's giant sports broadcaster, Star India and its arch-rival, Sony Network, who held the rights until the 2015 edition.


Earlier, the American electronic commerce and cloud computing company revealed their interest in the tender. The newest competitor from India was the new addition in the market - Reliance Jio.


According to the Times of India, approximately 15 companies have shown interest in the IPL rights. The likes of Star India, Sony Pictures, Reliance Jio, Amazon and Group M are being considered as the leading contenders for the global rights.