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.

Having led KKR to the title last season, Shreyas Iyer joined Punjab Kings for ₹26.75 crores in the ongoing IPL Auction 2025, in Jeddah on Sunday. It was a mega-bidding war which saw KKR make the first bid of ₹2 crore,

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.

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 Auction Strategy, Players Retained & Probable Buys, Full List of Sold and Unsold Players & Top Purchases Today – Indian Premier League

Punjab Kings, armed with the largest IPL 2025 budget, secured batter Shreyas Iyer for a record-breaking Rs 26.75 crore. Bolstering their squad, PBKS acquired Arshdeep Singh and Yuzvendra Chahal for Rs 18 crore each.