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IPL 2025 Mega Auction: Date, Time, Venue, Player Retentions, RTM Cards, And Team Budgets Revealed - Here's Everything You Need to Know The IPL 2025 mega auction, set for November 24-25 in Jeddah, will see franchises rebuilding squads with a budget of 120 crore. A total of 204 slots are available with 1,574 players registered.