Shreyas Iyer is likely to captain Punjab Kings after the franchise spent ₹26.75 crore on the Indian batter. They also got Arshdeep Singh and Yuzvendra Chahal for ₹18 crore each.

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

PBKS IPL 2025 Full Squad and IPL 2025 Mega Auction Buys - Check Out the Complete List of Punjab Kings players for the IPL 2025 season. Have a look at their buys with the price, remaining purse and the full squad along with RTM numbers with Live Updates here on MyKhel.

Here is the complete of list of players bought by Punjab Kings in the IPL 2025 auction.

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.

Punjab Kings had only retained two players ahead of the auction and both of them were uncapped. In the run up to the auction, the Punjab franchise also brought in Ricky Ponting as their head coach. In the auction, they have tried to buy some good Indian players alongside trusted overseas names.

In an interaction with Star Sports, Punjab Kings head coach Ricky Ponting said that Rishabh Pant is going to be a target for most teams in the IPL 2025 mega auction, and he will go to a team that has a big enough purse.

Former Australian captain Ricky Ponting is ready to lead Punjab Kings in the IPL auction as their new head coach. With the largest purse and a focus on strategy, communication and calmness, Ponting aims to transform the team into an IPL powerhouse by putting together a strong squad at the auction.

Rishabh Pant liked a post by Punjab Kings which featured their coach Ricky Ponting giving an interview. This sparked speculation if Pant could join Punjab Kings ahead of IPL 2025.