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Home / RP Tracker / Divyesh Desai

Divyesh Desai UNCLAIMED PROFILE

Insolvency Professional · Maharashtra · Active since 2017
IPA ICAI IIIPI AFA Valid till Jun 2027 Bench Mumbai · West Reg IBBI/IPA-001/IP-P00169/2017-2018/10338 CPE 130 credits
Wholesale and Retail TradeConstructionReal EstateManufacturingOthers (Chemicals, Paper, Steel, Electronics, Trading))
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Career composition · 19 CIRP mandates
4
8
6
1
Resolved 4 Liquidation 8 Under CIRP 6 Withdrawn §12A 1
Appointments by year
'17'18'19'20'21'22'23'24'25'26
Overview Resolved 4 Liquidation 8 Under CIRP 6 Withdrawn 1 Standing Claim this profile →
Mandates
18cases
top 4% by mandate count
Claims Managed
₹33,768Cr
across 10 cases with figures
Realised for Creditors
₹665Cr
2.0% of admitted claims
Resolved
4cases
33% resolution rate
Recovery vs LV
86.4%
national avg 166.9%
Avg CIRP Time
2y 7mo
9 mo slower than national avg
Largest Mandate
₹25,641 Cr
Trend Electronics Ltd

Resolved — plan approved

4
Acquirer shown where the approved plan names one. Figures shown for outcomes in the last two quarters — the full financial record is member data.
Corporate DebtorRole / AppointedAdmittedRealisedRec vs LVDuration
Ballarpur Industries Limited
L21010MH1945PLC010337
IRP · Dec 2019
RP · Jan 2020
🔒 🔒 🔒 3y 2mo
to Mar 2023
Kalyanpur Cements Limited
L26942WB1937PLC009086
RP · Jul 2017
🔒 🔒 🔒 9 mo
to Jan 2018
GPT Steel Industries Limited
U27104GJ2003PLC043070
IRP · May 2019
RP · May 2019
🔒 🔒 🔒 6y 6mo
to Nov 2025
Altrarex Traders Private Limited
U51909MH2012PTC228984
RP · Jul 2022
🔒 🔒 🔒 6y
to Dec 2025

Liquidation — order passed

8
1 of 8 carried through to dissolution — liquidation completed and the company struck off.
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
Shri Aster Silicates Limited
L01403GJ1996PLC030581
RP · Feb 2019
Liquidator · Oct 2019
🔒 🔒 🔒 12 mo
to Oct 2019
Precision Fasteners Limited
L99999MH1965PLC013150
IRP · Nov 2017
RP · Dec 2017
Liquidator · Mar 2018
🔒 🔒 🔒 4 mo
to Mar 2018
Trend Electronics Ltd
L99999MH1989PLC052233
RP · Aug 2019
Liquidator · Feb 2023
🔒 🔒 🔒 4y 4mo
to Feb 2023
Sanaa Syntex Private Limited
U17110MH1990PTC058339
IRP · Aug 2017
🔒 🔒 🔒 11 mo
to Jul 2018
Nicomet Industries Ltd
U27200MH1993PLC071450
Liquidator · Dec 2020
🔒 🔒 🔒 2y
to Dec 2020
Renaissance Urban Infra Private Limited
U31901MH2001PTC220378
IRP · May 2023
🔒 🔒 🔒 15 mo
to Aug 2024
Renaissance Education Private Limited
U80220MH2005PTC157426
Liquidator · Dec 2023
🔒 🔒 🔒 3y 11mo
to Dec 2023
Prana Studios Private Limited
U92199MH2001PTC130974
IRP · Sep 2023
🔒 🔒 🔒 10 mo
to Jul 2024
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last two quarters — the full financial record is member data.

Under CIRP — live

6
Corporate DebtorRole / AppointedCIRP AgeStage
Techno Electronics Limited
U11204MH2007PLC171196
Mining
IRP · Aug 2018
RP · Oct 2018
7y 11mo Under CIRP
Rajesh Estates and Nirman Private Limited
U28991MH1996PTC099089
Steel & Metals
IRP · Mar 2023
RP · Jan 2024
3y 4mo Inviting EoI
PE Electronics Limited
U32109MH2010PLC198794
Machinery & Equipment
IRP · Aug 2018
RP · Oct 2018
7y 11mo Under CIRP
Brandscale Innovations Private Limited
U51909MH2021PTC369514
Trading & Distribution
IRP · Apr 2025
RP · May 2025
15 mo Inviting EoI
Poets Lovers and Lunatics Motion Pictures Private Limited
U92412MH2013PTC239429
Other Services
RP · Jan 2025
4y 10mo Under CIRP
Techno Kart India Ltd
U93000MH2003PLC143371
Other Services
IRP · Sep 2018
RP · Oct 2018
7y 10mo Under CIRP
Live mandates — admitted claims and recovery are determined only as each case concludes, so figures appear here once an outcome is reached.

Withdrawn — Section 12A

1
Settled between debtor and creditors before an outcome — counted separately.
Corporate DebtorRole / AppointedTime in Process
Innova Plastic Technologies Private Limited
U25206PN2005PTC020576
Other Manufacturing
IRP · Jul 2022
RP · Aug 2022
4y
About this data: Profile data is sourced from the IBBI professional register, quarterly newsletters and public announcement records. Comparative figures (percentiles, national averages) are computed across stressed.in's full IBBI universe and refresh as records load. See how every number is sourced, checked and corrected →.
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Activity & context · vs India's IP universe
Activity — mandate countTop 4% of 2,443
At Mumbai bench — by mandate count#31 of 437
Recovery vs LV — vs national avg-80.5 pts
Speed — avg CIRP vs national avg9 mo slower
Computed across stressed.in's IBBI universe — 8,500+ CIRPs · 5,400+ registered professionals; updates as records load. Ranks count mandates only and are not a quality score — recovery and duration depend on each company's condition and case mix as much as the professional.
Role mix
Resolution Professional26
Liquidator5
Bench spread
Mumbai12
Ahmedabad2
Kolkata1
Sector exposure
Other Services5
Other Manufacturing4
Machinery & Equipment2
Trading & Distribution2
Food & Agro1
Cement, Glass & Ceramics1
Mining1
Textiles & Apparel1
Performance summary
Resolution rate33%
Recovery vs LV (claim-wtd)86.4%
Realised vs claims (book)2.0%
IRP appointments12
Data sourceIBBI · NCLT · MCA
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