Companies were bought out of insolvency for under ₹100 crore.
Not theory — the concluded record. Real corporate debtors, real resolution plans, real acquirer names, decoded from IBBI publications. This is what a closed IBC acquisition looks like — and the next ones are inviting Expressions of Interest right now.
Recent deals in this bracket — the full dossiers, free
The most recent sub-₹100 Cr resolutions with figures on record, acquirer-named first. Every plate opens the complete case dossier — admitted claims, waterfall, timeline and the professional who ran it. No login.
Every figure verbatim from IBBI records — nothing estimated. "Plan value to creditors" is the amount realisable by creditors under the approved resolution plan as published; acquirers typically also assume liabilities and fund the business beyond it. A dash means the source hasn't published that figure. Past outcomes describe the record, not future results.
Data compiled from IBBI publications and NCLT/NCLAT orders · figures verbatim from source · last refreshed 2 Sep 2026. Very high recovery-vs-liquidation-value percentages occur where the estimated liquidation value was assessed near zero.
What the deal files say — read for you
We read every plan-approval order behind the deals above, end to end. These are the patterns that matter to a buyer — each finding opens the dossier it comes from.
A second bidder moved the price 16%.
Shubhada Tool drew two rival applicants — listed Cian Agro and IATSPT. Successive bid rounds lifted offers from ₹8.2 Cr to the ₹9.5 Cr range before Cian's final plan carried a unanimous CoC. The lesson for a buyer: in this bracket, an uncontested deal is a cheaper deal.
Open the Shubhada deal file → Finding · structure beats cashCreditors took a share of the toll booth.
GF Toll Road's plan pays ₹16.25 Cr upfront — then gives financial creditors 53% of gross toll revenue if the concession extends, and 71% of arbitration proceeds. Contingent consideration tied to the asset itself: the structure nobody publishes, on the record here.
Open the GF Toll deal file → Finding · deals exist past the deadlineBought back from an approved liquidation.
Evyavan's CoC had already voted 100% for liquidation — no assets, no EoIs. The filing was held, a plan arrived from an individual CA at ₹45 lakh, and the company was resolved anyway. Even "dead" cases in this feed can still be bought.
Open the Evyavan deal file →Findings curated from the NCLT plan-approval orders of the cases shown — the authoritative per-case record. The counters above compute live from the curated deal files.
How every one of these deals was done
The same four moves, every time — all of it on the public record, all of it tracked here weekly. New to the process? The pipeline, explained · every term in plain English.
A company is admitted to CIRP. It lands in Newly Admitted the week it happens — months before any deal makes the rounds.
The RP publishes Form G, inviting Expressions of Interest. The live deadlines sit in Open Deals — miss the date, miss the deal.
Qualified applicants submit resolution plans. The committee of creditors votes; plans under review sit in Under Evaluation.
The NCLT approves the plan — it binds every stakeholder. The company is yours, clean of legacy claims. That's every plate above.
The next ones are open right now.
42 deals are inviting Expressions of Interest today, each with a hard deadline. The trial reads the whole live pipeline plus the last two quarters of verdicts — free for 7 days, no card. Members add the rolling 24-month concluded record, with full-history benchmarks on every page.