New Delhi: Two new franchises of the Indian Premier League – Pune, Rajkot – are set to pick their respective players.


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As the much-awaited draft is set to take place in Mumbai on December 15, here are five interesting things every IPL fan should know before the event takes place on Tuesday.


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Pune and Rajkot will pick 10 players of their choice from suspended franchises Chennai Super Kings and Rajasthan Royals.


The entire event is set to start at 12:15 pm in Mumbai Cricket Association's clubhouse in the Bandra-Kurla Complex.


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Pune franchise will get the chance to pick the first player because they emerged the lowest bidder after a reverse bidding process.


Sanjeev Goenka's New Rising won the bid for the Pune franchisee while Intex won for Rajkot after a reverse bidding process was held in Delhi on December 8.


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The new franchises have a minimum of Rs 40 crore and a maximum of Rs 66 crore to buy players.