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The Concluded Record · Liquidations

Liquidated Companies

Corporate debtors ordered into liquidation under the IBC — assets sold, proceeds distributed, companies dissolved. Two states live here: liquidations still in process (assets under auction, realisation pending) and those dissolved with final recoveries on the record.

Across 3,155 liquidation orders, 996 companies stand dissolved and 2,159 are still realising assets. Data compiled from IBBI publications and NCLT/NCLAT orders · figures verbatim from source · last refreshed 12 Aug 2026.

What creditors recovered in dissolved liquidations · % of admitted claims, 898 cases
615
166
64
53
Under 10% recovered 10–25% 25–50% Over 50% — rare strong recoveries
Liquidation Orders
3,155
companies ordered liquidated
Dissolved
996
process complete, final report filed
In Process
2,159
assets under auction now
Claims in Liquidation
₹12.72 L Cr
total admitted claims
Sale Proceeds
₹11,839 Cr
= 90.3% of liquidation value
Typical Recovery
3.0%
median of claims, dissolved cases
6 of 3,155 cases shown · full list for members

Benchmark: in the median dissolved estate creditors recovered 3.0% of admitted claims, across 898 estates on the full record since 2017. The median rather than the average, because a handful of large realisations pull the mean to several times the typical outcome — the average across the same estates is 12.7%.

Corporate Debtor Sector Liquidator Ordered Admitted Liq. Value Realised Recovery Status
Raftech Multitraders Private Limited
U74999WB2012PTC179901
Other Services Avishek Gupta Dec 2025 ₹0.0 Cr ₹0.0 Cr Dissolved · Dec 2025
Mangalnayak Shoppers Private Limited
U74900WB2013PTC194754
Other Services Seikh Abdul Salam Nov 2025 ₹0.0 Cr ₹0.0 Cr Dissolved · Nov 2025
Hellios Tubealloys Private Limited
U28990MH2007PTC173724
Other Manufacturing Anjali Nirav Choksi Nov 2025 ₹0.0 Cr ₹0.0 Cr Dissolved · Nov 2025
Sagar Detergents Private Limited
U24241UP1991PTC013192
Other Manufacturing Pawan Garg Nov 2025 ₹0.0 Cr ₹0.0 Cr Dissolved · Nov 2025
Indicarb Limited
L29299KA1975PLC002761
Machinery & Equipment Venkataraman Jayagopal Oct 2025 ₹0.0 Cr ₹0.0 Cr Dissolved · Oct 2025
Loktra Technologies Private Limited
U74999KA2016PTC094196
Other Services Garima diggiwal Sep 2025 ₹0.0 Cr ₹0.0 Cr Dissolved · Sep 2025
⌕ 3,149 more liquidations

The full liquidation record is for members

You're seeing 6 of 3,155 liquidation orders — admitted claims, liquidation value, sale proceeds and recovery on every row. Each preview company above opens in full. Part of RP Pro and ARC / Investor access.

Source: IBBI records & NCLT orders · figures in ₹ crore as published · "pending" = realisation not yet filed (liquidation in process), not missing data · "Realised" on in-process rows = interim sale proceeds · admitted claims are CIRP-stage figures
The floor every deal is priced against
Liquidation values, sale proceeds and recovery percentages on every order — the downside benchmark for anyone pricing distressed assets. Part of RP Pro and ARC / Investor access.
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