The 24-year-old right-arm pacer had a base price of Rs 1.5 crore and was expected to be a hot favourite for the auction after a strong show at the Big Bash League.
Adam Milne became Mumbai Indians' first buy in the IPL 2021 auction.
IPL 2021 Players Auction Live Streaming: Find full details on when and where to watch IPL 2021 Auction Live Online on Hotstar and TV Telecast on Star Sports Network.
Chennai Super Kings bought England all-rounder Moeen Ali for Rs 7 crore in the IPL 2021 Auction.
The record was previously held by Yuvraj Singh, who was bought by Delhi Daredevils (now Delhi Capitals) in the 2015 auction.
This will be the 33-year-old former Bangladesh captain's return to the gold- and purple-clad outfit after four years.
Maxwell, who was released by the Punjab Kings (previously Kings XI Punjab), was bought for a whopping 14.25 crore by the RCB.
The Delhi franchise bought Australia's Steve Smith for INR 2.2 crore in the IPL 2021 Auction.
Bollywood actor Juhi Chawla's daughter Jahnavi Mehta holds the proud title of being the youngest bidder in the history of IPL Auctions.
The Indian Premier League chairman Brijesh Patel on Thursday confirmed that Vivo has returned as title sponsor for the T20 tournament this year after staying away last year.
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