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.

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.

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

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

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

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

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.

Uncapped players often grab the spotlight at IPL auctions, with franchises investing big in emerging talent. Notable examples include Karn Sharma (INR