IPL 2023 Squad – PBKS (Punjab Kings)
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| Player | Role | Auction Price | Nation |
| Bhanuka Rajapaksa | Batsman | INR 50 Lakhs(R) | Sri Lanka |
| Shahrukh Khan | Batsman | INR 9 Crores(R) | India |
| Shikhar Dhawan(C) | Batsman | INR 8.25 Crores(R) | India |
| Prabhsimran Singh (wk) | WK-Batsman | INR 60 Lakhs(R) | India |
| Jitesh Sharma (wk) | WK-Batsman | INR 20 Lakhs(R) | India |
| Arshdeep Singh | Bowler | INR 4 Cr(R) | India |
| Raj Bawa | Bowler | INR 2 Crores(R) | India |
| Nathan Ellis | Bowler | INR 75 Lakhs(R) | Australia |
| Harpreet Brar | Bowler | INR 3.80 Crores(R) | India |
| Rahul Chahar | Bowler | INR 5.25 Crores(R) | India |
| Kagiso Rabada | Bowler | INR 9.25 Crores(R) | South Africa |
| Baltej Singh | All-rounder | INR 20 Lakhs(R) | India |
| Liam Livingstone | All-rounder | INR 11.50 Crores(R) | England |
| Rishi Dhawan | All-rounder | INR 55 Lakhs(R) | India |
| Atharva Taide | All-rounder | INR 20 Lakhs(R) | India |
| Sam Curran | All-rounder | INR 18.50 crores | England |
| Sikandar Raza | All-rounder | INR 50 lakh | Zimbabwe |
| Harpreet Bhatia | Batsman | INR 40 lakh | India |
| Vidwath Kaverappa | Bowler | INR 20 lakh | India |
| Mohit Rathee | All-rounder | INR 20 lakh | India |
| Shivam Singh | All-rounder | INR 20 lakh | India |
| Matthew Short | Batsman | INR 20 lakh | Australia |