The receipts · from the public record

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.

1,073resolutions under ₹100 Cr
106closed in the last 12 months
₹1.0 lakhplans start from — yes, really
937still MCA-active today
109.9%recovered vs liquidation value

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.

Plan approved · Mar 2026
Shubhada Tool Industries Private Limited
Machinery & Equipment
Acquired by Cian Agro Industries & Infrastructure Limited against ₹58.1 Cr of admitted claims.
₹9.4 Cr plan value to creditors
83.9%haircut
103.2%vs liq. value
14 monthsin CIRP
Operating today · MCA CoC 100% — unanimous Contested — rival bids
Open the full dossier — free →
Plan approved · Mar 2026
Redkenko Health Tech Private Limited
Healthcare
Acquired by MKS Constro-Venture Private Limited against ₹25.7 Cr of admitted claims.
₹3.9 Cr plan value to creditors
84.8%haircut
4,875.0%vs liq. value
15 monthsin CIRP
Operating today · MCA CoC 94.39%
Open the full dossier — free →
Plan approved · Mar 2026
Classic Corrugations Private Limited
Other Manufacturing
Acquired by Sonal Sumit Mehta jointly with Credex Trading against ₹14.6 Cr of admitted claims.
₹7.1 Cr plan value to creditors
51.6%haircut
90.1%vs liq. value
14 monthsin CIRP
Operating today · MCA CoC 100% — unanimous
Open the full dossier — free →
Plan approved · Mar 2026
Pushp Ratna Realty Private Limited
Real Estate & Housing
Acquired by Mr. Rajendra Hirani against ₹24.0 Cr of admitted claims.
₹17.5 Cr plan value to creditors
26.8%haircut
82.8%vs liq. value
17 monthsin CIRP
Operating today · MCA CoC 100% — unanimous
Open the full dossier — free →
Plan approved · Feb 2026
Evyavan Mercantile Private Limited
Trading & Distribution
Acquired by Mr. Bijay Kumar Dokania against ₹48.3 Cr of admitted claims.
₹45 lakh plan value to creditors
99.1%haircut
642.9%vs liq. value
2.3 yearsin CIRP
Operating today · MCA CoC 100% — unanimous
Open the full dossier — free →
Plan approved · Feb 2026
Gf Toll Road Private Limited
Other Services
Acquired by V K Gupta & Associates against ₹501 Cr of admitted claims.
₹81.8 Cr plan value to creditors
83.7%haircut
124.7%vs liq. value
16 monthsin CIRP
Operating today · MCA CoC 100% — unanimous
Open the full dossier — free →

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 10 Jul 2026.

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.

5 of 6 plans passed with a unanimous CoC 1 deal saw rival bids 6 with plan terms on 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.

1Spot it early

A company is admitted to CIRP. It lands in Newly Admitted the week it happens — months before any deal makes the rounds.

2Enter the window

The RP publishes Form G, inviting Expressions of Interest. The live deadlines sit in Open Deals — miss the date, miss the deal.

3Bid the plan

Qualified applicants submit resolution plans. The committee of creditors votes; plans under review sit in Under Evaluation.

4Own the company

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.

37 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 full archive back to 2017.