Hardik Pandya Joins Punjab Kings From Mumbai Indians at ₹18 Crore in Swap for Arshdeep Singh Ahead of IPL 2027

Hardik Pandya has moved from Mumbai Indians to Punjab Kings ahead of IPL 2027. The IPL confirmed the trade on Wednesday, November 11. Pacer Arshdeep Singh goes the other way, to Mumbai. It is a straight swap between the two franchises.

Hardik will be paid ₹18 crore at Punjab. His earlier fee was ₹16.35 crore, so he gets a raise of ₹1.65 crore. Arshdeep joins Mumbai at his existing fee of ₹18 crore. That means both players now carry the same price tag. News of the agreement had first come out on November 7, when reports said the two teams had settled the terms.

The move ends Hardik's second stint at Mumbai. He first joined the franchise in 2015 and stayed for seven seasons. Mumbai won the title four times in that period, in 2015, 2017, 2019 and 2020. Hardik grew into one of the league's most impactful all-rounders during those years.

He then moved to Gujarat Titans ahead of IPL 2022. He captained the new team to the title in its first season. Gujarat reached the final again in 2023. Hardik came back to Mumbai in 2024 and took over as captain. He was still the Mumbai captain when the trade was announced.

His IPL numbers are strong. In 162 matches, he has scored 2,955 runs at a strike rate of 146.28. He has also taken 82 wickets. Punjab get a player who can make a difference with both bat and ball.

Punjab are expected to keep Shreyas Iyer as captain, according to reports. Hardik would then join the squad as a player. A source quoted by PTI said Hardik is happy with that arrangement.

Punjab give up their all-time leading IPL wicket-taker in Arshdeep, who has 111 wickets in 96 matches for the franchise. Mumbai, meanwhile, lose their captain.

Both teams now look ahead to the IPL 2027 mini-auction. It is set for December 16 in Goa. The trading window stays open until a week before the auction. Follow the event page for more trades, retentions and auction news.