DD
Divyesh Desai
Insolvency Professional · Resolution Professional FREE PROFILE
IPA ICAI IIIPI
AFA Valid
Bench Mumbai · West
State Maharashtra
IBBI Reg IBBI/IPA-001/IP-P00169/2017-2018/10338
Declared sectors
Wholesale and Retail Trade
Construction
Real Estate
Manufacturing
Others (Chemicals, Paper, Steel, Electronics, Trading))
Cases Handled
16
2 with financial detail
Resolved
1
100% resolution rate
Liquidations
0
liquidation orders
Recovery vs Liq. Value
87.1%
natl avg 166.9%
IRP Appointments
4
interim — at CIRP commencement
Cases Handled (16) · 2 with financial detail
| Corporate Debtor | Role / Appointed | Admitted Claims | Haircut | Status |
|---|---|---|---|---|
|
Shri Aster Silicates Limited L01403GJ1996PLC030581
|
Liquidator · Oct 2019
|
— | — | CIRP |
|
Ballarpur Industries Ltd.
L21010MH1945PLC010337
|
IRP · Jan 2020
|
₹528 Cr | 83.9% | Resolved |
|
Precision Fasteners Limited L99999MH1965PLC013150
|
IRP · Nov 2017
Liquidator · Mar 2018
|
— | — | CIRP |
|
Trend Electronics Limited L99999MH1989PLC052233
|
Liquidator · Feb 2023
|
— | — | CIRP |
|
Techno Electronics Ltd. U11204MH2007PLC171196
|
IRP · Sep 2018
|
— | — | CIRP |
|
Sanaa Syntex Private Limited U17110MH1990PTC058339
|
IRP · Sep 2017
|
— | — | CIRP |
|
Innova Plastic Technologies Private Limited U25206PN2005PTC020576
|
IRP · Aug 2022
|
— | — | CIRP |
|
GPT Steel Industries Ltd. U27104GJ2003PLC043070
|
IRP · May 2019
|
— | — | CIRP |
|
Nicomet Industries Ltd U27200MH1993PLC071450
|
Liquidator · Dec 2020
|
— | — | CIRP |
|
Rajesh Estates and Nirman Private Limited
U28991MH1996PTC099089
|
RP
IRP · Mar 2023
|
— | — | CIRP |
|
Renaissance Urban Infra Private Limited U31901MH2001PTC220378
|
IRP · May 2023
|
— | — | CIRP |
|
PE Electronics Ltd. U32109MH2010PLC198794
|
IRP · Sep 2018
|
— | — | CIRP |
|
Brandscale Innovations Private Limited
U51909MH2021PTC369514
|
RP
IRP · Apr 2025
|
— | — | CIRP |
|
Renaissance Education Private Limited U80220MH2005PTC157426
|
Liquidator · Jan 2024
|
— | — | CIRP |
|
Prana Studios Private Limited
U92199MH2001PTC130974
|
IRP · Sep 2023
|
₹0 Cr | — | Liquidation |
|
Techno Kart India Ltd. U93000MH2003PLC143371
|
IRP · Sep 2018
|
— | — | CIRP |
About this data: Profile data is sourced from IBBI quarterly newsletters and public announcement records. Only cases where this IP was appointed as Resolution Professional are shown. Data coverage grows as we add historical IBBI newsletters. Report an error →
Sector Exposure
Other Manufacturing
1 case
Steel & Metals
1 case
Trading & Distribution
1 case
Performance Summary
Resolution rate
100%
Recovery vs liq. value
87.1% (natl 166.9%)
Avg haircut (resolved)
-7.1% (natl 69.4%)
Sectors covered
3
Data source
IBBI Quarterly
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