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Home/ Cases/ Other Services/ Videocon Industries Limited
✓ RESOLVED — PLAN APPROVED

Videocon Industries Limited

Corporate insolvency resolution — resolution plan approved · Jun 2021 · IBBI IBBI register

Community & social services · listed public limited company · incorporated 1986 · 32 years old at admission

Sector Other Services CIN L99999MH1986PLC103624 Admitted 06 Jun 2019
Where the money went · admission → plan approval
Admitted claims₹64,961 Cr
Liquidation value₹2,568 Cr
Realised for creditors₹2,960 Cr
Haircut to creditors: 95.44% Recovery vs liquidation value: 115.27% — plan beat the liquidation floor In plain terms: creditors recovered about 5 paise per ₹1 of admitted claims
Admitted Claims
₹64,960.57Cr
#1 of 153 in sector by size
Realised
₹2,960.23Cr
to claimants
Haircut
95.44%
30 pts worse than sector avg
Rec vs LV
115.27%
national avg 166.9%
CIRP Duration
2y
56d slower than national avg
vs 330-day limit
733d
403d over the outer limit

Case details

CIN
L99999MH1986PLC103624
Incorporated
1986
Registered State
Maharashtra
NCLT Bench
data unavailable
Initiated by
data unavailable
Defunct / BIFR
data unavailable
Commencement
06 Jun 2019
Outcome Date
08 Jun 2021
Admitted Claims
₹64,960.57 Cr
Liquidation Value
₹2,568.13 Cr
Realisable Amount
₹2,960.23 Cr
Recovery vs Claims
4.56%
Recovery vs LV
115.27%

Recent movement

full timeline →

Case timeline

06 Jun 2019
CIRP commenced
Insolvency proceedings began
25 Jul 2019
RP
25 Sep 2019
RP
2 years elapsed · admission → resolution
08 Jun 2021
Resolution plan approved
Haircut 95.44%

Company

MCA master · as on 12 Jun 2026
Type
Public · Company limited by shares
Listing
Listed
Incorporated
04 Sep 1986
Authorised capital
₹1,500 Cr
Paid-up capital
₹334.46 Cr
Industry (MCA)
Community, personal and Social Services
ROC
ROC Mumbai
Company status
Under CIRP
Registered address
14. K.M STONE, AURANGABAD PAITHAN ROAD VILLAGE CHITTEGAON, TALUKA PAITHAN,AURANGABAD,Maharashtra,431105-India
Source: MCA Company / LLP Master Data — registry snapshot; figures are as on the stated date, not live.
About this data: Case data is assembled from NCLT/NCLAT orders, IBBI public announcements, quarterly outcome records and the MCA registry. See how every number is sourced, checked and corrected →.
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This case vs Other Services
Haircut — 95.4%30 pts worse
sector avg 65.4% · 153 resolutions
Rec vs LV — 115.3%-3732 pts
sector avg 3,847.3%
Duration — 733d9d slower
sector avg 724d
Size rank in sector#1 of 153
Computed live across stressed.in's IBBI universe — every recorded Other Services outcome of this type.
Key parties
Resolution Professional
16 IBBI mandates · 102.6% of liquidation value realised across concluded work
IRP at commencement · replaced
Anuj Jain· Jun 2019
◆ RP changed during CIRP — IRP was replaced
Resolution applicant
Not yet recorded — from NCLT resolution-plan order.

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