{"id":2586,"date":"2026-04-10T09:33:35","date_gmt":"2026-04-10T04:03:35","guid":{"rendered":"https:\/\/internshala.com\/competitions\/?p=2586"},"modified":"2026-04-10T09:34:06","modified_gmt":"2026-04-10T04:04:06","slug":"wizarding-premier-auction-biznovexa-2026","status":"publish","type":"post","link":"https:\/\/internshala.com\/competitions\/wizarding-premier-auction-biznovexa-2026\/","title":{"rendered":"Wizarding Premier Auction: BIZNOVEXA 2026"},"content":{"rendered":"\n<p><strong>\ud83d\udccc About the Event<\/strong> <\/p>\n\n\n\n<p>Welcome to the <strong>Wizarding Premier Auction<\/strong>, where the strategy of the boardroom meets the thrill of the cricket field. Much like the &#8220;Gringotts Vaults,&#8221; your resources are finite, and every &#8220;Galleon&#8221; spent must be justified. This IPL-style auction challenge tests your valuation skills, risk assessment, and ability to build a balanced squad under intense pressure. Will you blow your budget on a &#8220;Marquee Player&#8221; or build a deep, versatile team that can win on any pitch?<\/p>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-default\" style=\"background-color:#f0f0f0;color:#f0f0f0\"\/>\n\n\n\n<p><strong>\u2139\ufe0f Event Details<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Category:<\/strong> Strategic Simulation \/ Mock Auction<\/li>\n\n\n\n<li><strong>Organizer:<\/strong> Dept. of CSBS, Ramco Institute of Technology<\/li>\n\n\n\n<li><strong>Venue:<\/strong> <strong>Data Analytics Lab<\/strong><\/li>\n\n\n\n<li><strong>Timing:<\/strong> 02:00 PM to 03:00 PM<\/li>\n\n\n\n<li><strong>Team Size:<\/strong> <strong>2 \u2013 4 Members<\/strong><\/li>\n\n\n\n<li><strong>Format:<\/strong> Random Shuffle for team allocation<\/li>\n\n\n\n<li><strong>Effort Level:<\/strong> Moderate (Strategic thinking and quick math)<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-default\" style=\"background-color:#f0f0f0;color:#f0f0f0\"\/>\n\n\n\n<p><strong>\ud83d\udcc5 Important Date<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Event Date:<\/strong> <strong>April 10, 2026<\/strong> (Tomorrow)<\/li>\n\n\n\n<li><strong>Mode:<\/strong> Offline (Interactive Bidding)<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-default\" style=\"background-color:#f0f0f0;color:#f0f0f0\"\/>\n\n\n\n<p><strong>\ud83c\udfc6 Prize Pool<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\ud83e\udd47 1st Place:<\/strong> Shield (Team) + Achievement Certificate<\/li>\n\n\n\n<li><strong>\ud83e\udd48 2nd Place:<\/strong> Shield (Team) + Achievement Certificate<\/li>\n\n\n\n<li><strong>\ud83c\udfc5 Participation:<\/strong> Official Certificates for all &#8220;Franchise Owners.&#8221;<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-default\" style=\"background-color:#f0f0f0;color:#f0f0f0\"\/>\n\n\n\n<p><strong>\ud83d\ude80 The Bidding Process<\/strong><\/p>\n\n\n\n<ol start=\"1\" class=\"wp-block-list\">\n<li><strong>Team Allocation:<\/strong> Teams will be formed or assigned franchises using a <strong>Random Shuffle Method<\/strong> to ensure total fairness.<\/li>\n\n\n\n<li><strong>The Purse:<\/strong> Every team starts with a fixed virtual budget. Overspending leads to immediate penalties or the inability to complete your roster.<\/li>\n\n\n\n<li><strong>The Hammer:<\/strong> Players will be presented one by one. Teams must bid in real-time, navigating &#8220;bidding wars&#8221; and strategic passes.<\/li>\n\n\n\n<li><strong>Evaluation:<\/strong> The winning team isn&#8217;t just the one with the biggest stars; judges evaluate the <strong>Balance<\/strong> (Batsmen vs. Bowlers), <strong>Budget Management<\/strong>, and <strong>Overall Squad Strength<\/strong>.<\/li>\n<\/ol>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-default\" style=\"background-color:#f0f0f0;color:#f0f0f0\"\/>\n\n\n\n<p><strong>\ud83d\udcdc Auction Rules<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Budget Cap:<\/strong> You cannot exceed the allocated purse. Keep a manual track of your spending to avoid disqualification.<\/li>\n\n\n\n<li><strong>Squad Minimums:<\/strong> You must buy a minimum number of players (e.g., at least 1 Wicketkeeper, 4 Bowlers, etc.) to have a &#8220;valid&#8221; team.<\/li>\n\n\n\n<li><strong>Silent Period:<\/strong> Once the hammer falls (the coordinator declares &#8220;Sold&#8221;), no further bids or disputes will be entertained.<\/li>\n\n\n\n<li><strong>Teamwork:<\/strong> Only one designated &#8220;Bidder&#8221; per team should raise the paddle\/hand to avoid confusion.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-default\" style=\"background-color:#f0f0f0;color:#f0f0f0\"\/>\n\n\n\n<p><strong>\ud83d\udcde Contact the Auctioneers (Coordinators)<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Student Coordinators:<\/strong> Mufrin Ashika O J, Raja Pandiyan P<\/li>\n\n\n\n<li><strong>Faculty Coordinator:<\/strong> Mrs. M. Jeya Sundari<\/li>\n\n\n\n<li><strong>General Queries:<\/strong> Yashwin V (+91 82488 18119)<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>\ud83d\udccc About the Event Welcome to the Wizarding Premier Auction, where the strategy of the boardroom meets the thrill of the cricket field. Much like the &#8220;Gringotts Vaults,&#8221; your resources<\/p>\n","protected":false},"author":9,"featured_media":2587,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10,5],"tags":[],"class_list":["post-2586","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-college-fest","category-past-competitions"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Wizarding Premier Auction: BIZNOVEXA 2026 - Internshala Competitions<\/title>\n<meta name=\"description\" content=\"Welcome to the Wizarding Premier Auction, where the strategy of the boardroom meets the thrill of the cricket field.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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