Intelligence note
Intelligence note for this case is being prepared.
Case timeline
17 Jan 2025
CIRP commenced
Insolvency proceedings began · NCLT Mumbai
21 Mar 2025
EoI invited
RP: Mr. Atul Rajwadkar
14 months elapsed · admission → resolution
24 Mar 2026
Resolution plan approved
Haircut 83.87%
Case details
CIN
U29248MH2014PTC254415
Incorporated
2014
Registered State
MH
NCLT Bench
Mumbai
Initiated by
FC — Cosmos Co-operative Bank Limited
Defunct / BIFR
Yes
Commencement
17 Jan 2025
Outcome Date
24 Mar 2026
Admitted Claims
₹58.13 Cr
Liquidation Value
₹9.09 Cr
Fair Value
₹13.13 Cr
Realisable Amount
₹9.38 Cr
Recovery vs Claims
16.13%
Recovery vs LV
103.16%
Company
Legal name
SHUBHADA TOOL INDUSTRIES PRIVATE LIMITED
Type
Private · Company limited by shares
Listing
Unlisted
Incorporated
15 Mar 2014
Authorised capital
₹2.5 Cr
Paid-up capital
₹0.75 Cr
Industry (MCA)
Manufacturing (Machinery and Equipments)
ROC
ROC Mumbai
Company status
Active — company survived resolution
Registered address
23, PUSHPKUNJ COMMERCIAL COMPLEX, 3RD FLOOR, CENTRAL BAZAR ROAD, RAMDASPETH,,NAGPUR,Nagpur,Maharashtra,440010-India
Source: MCA Company / LLP Master Data — registry snapshot; figures are as on the stated date, not live.
Committee of creditors
CoC composition not yet recorded for this case. Sourced from NCLT filings — added over time.
This case vs Machinery & Equipment
Haircut — 83.9%17.8 pts worse
sector avg 66.1% · 33 resolutions
Rec vs LV — 103.2%-40.3 pts
sector avg 143.5%
Duration — 431d365d faster
sector avg 796d
Size rank in sector#17 of 33
Computed live across stressed.in's IBBI universe — every recorded Machinery & Equipment outcome of this type.
Key parties
Resolution Professional
IRP at commencement
Atul Rajwadkar → · Jan 2025
CIRP initiated by
Cosmos Co-operative Bank Limited FC
Resolution applicant
Not yet recorded — from NCLT resolution-plan order.
Get full access
Weekly intelligence digest, RP tracker, live case movement and sector analysis for ARCs, PE funds and resolution professionals.
Request access