Hardik Pandya to Punjab Kings, Arshdeep Singh to Mumbai Indians in Blockbuster IPL Trade

The one-for-one swap ahead of IPL 2027 ends Pandya’s second stint at Mumbai and leaves the five-time champions needing a new captain.

Hardik Pandya is moving from Mumbai Indians to Punjab Kings, and left-arm pacer Arshdeep Singh is going the other way, in one of the biggest trades the Indian Premier League has seen. PTI reported on November 7 that the two franchises had agreed the deal ahead of the IPL auction later this month, with an IPL source quoted as saying the trade had been completed. The IPL’s official confirmation was reported on November 11. It is a straight swap with no third player, Outlook reported.

The fee details come from the league announcement as reported: Pandya joins Punjab at ₹18 crore, up from the ₹16.35 crore he was retained at, and Arshdeep joins Mumbai at ₹18 crore, his existing fee.

Pandya’s second Mumbai stint ends

Pandya first joined Mumbai in 2015 and won four IPL titles there, in 2015, 2017, 2019 and 2020. He moved to Gujarat Titans for 2022, led them to the title in their first season and to another final in 2023, then returned to Mumbai in 2024 and took over the captaincy from Rohit Sharma. With him leaving, Mumbai will have a new captain for IPL 2027, Cricinfo reported.

At Punjab, PTI’s source said Pandya is happy to play under Shreyas Iyer, who stays on as captain.

What Arshdeep brings to Mumbai

Arshdeep has been with Punjab since his IPL debut in 2019 and is the franchise’s all-time leading wicket-taker. Punjab kept him at ₹18 crore using the Right to Match card at the 2025 auction. Business Today reported the trade as the franchise parting with a key performer, and CricTracker said Mumbai saw him as the missing piece in a pace attack built around Jasprit Bumrah.

What each side gets

Punjab add an experienced all-rounder with captaincy experience at two franchises to a squad built around its batting. Mumbai get a proven new-ball and death-overs left-armer to pair with Bumrah, while needing a new captain. For both players, it is a new chapter in different colours.

Sources: PTI, IPL announcement as reported, Outlook, CricTracker, Business Today.