Under the new guidance of Ricky Ponting, Punjab Kings (PBKS) are set to embark on a promising campaign in the IPL 2025, equipped with the largest budget of INR 110.5 crore among all franchises. This financial advantage was strategically utilized to craft a balanced team,

The Punjab Kings made a splash at the IPL 2025 auction, securing marquee players with a focus on star power, seasoned campaigners, and versatile all-rounders. However, their squad raises questions about balance at the top of the order.

Check PBKS' full players' list, players' salary, most costliest player, list of retained players ahead of IPL 2025 here

Here is the full players list, squad and predicted XI for Punjab Kings after the mega auction ended on Monday.

PBKS, under new head coach Ricky Ponting, retained only 2 players and enter IPL 2025 mega auction with the highest purse of 110.5 crore. Scroll down to check Punjab Kings complete squad

Punjab Kings made a grand entrance into the IPL 2025 mega auction with an impressive budget of Rs 110.5 crore, the highest among all teams. They wasted no time in getting down to

Punjab Kings strategically utilized their substantial budget in the IPL 2025 auction, acquiring star players like Shreyas Iyer, Yuzvendra Chahal, and Arshdeep Singh for record sums. They also cleverly re-signed Glenn Maxwell and added the versatile Marcus Stoinis.

Out of ₹120 crore allotted to each franchise, the Punjab-based franchise, co-owned by Bollywood actress Preity Zinta and businessman Ness Wadia, had the highest purse of ₹110.15 crore.

Shreyas Iyer follows after getting picked by Punjab Kings for Rs 26.75 crore Venkatesh Iyer is now the 3rd highest salary after getting retained by KKR for Rs 23.75 crore in IPL Auction Heinrich Klaas

Punjab Kings signed as many as five Australian players in the IPL 2025 mega auction for a sum of Rs 19.85 crore.