PS

Parag Sheth

Insolvency Professional · Resolution Professional FREE PROFILE

IPA ICSI IIP AFA Valid Bench Ahmedabad · West State Gujarat IBBI Reg IBBI/IPA-002/IP-N00142/2017-18/10381
Declared sectors
Wholesale and Retail Trade Construction Real Estate Others (Information Technology )
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Cases Handled
18
7 with financial detail
Resolved
5
71% resolution rate
Liquidations
2
liquidation orders
Recovery vs Liq. Value
80.8%
natl avg 166.9%
IRP Appointments
6
interim — at CIRP commencement
Cases Handled (18) · 7 with financial detail
Corporate DebtorRole / Appointed Admitted ClaimsHaircutStatus
Snehdaxa Infrastructures Pvt. Ltd.
IRP · Feb 2019
CIRP
Shri Aster Silicates Ltd.
L01403GJ1996PLC030581
IRP · Oct 2018
CIRP
Digjam Ltd.
L17123GJ2015PLC083569
IRP · May 2019
₹76 Cr 0.0% Resolved
GCCL Infrastructure and Projects Limited
L45400GJ1994PLC023416
RP · Sep 2021
CIRP
Khyati Foods Pvt. Ltd.
U01549MP2004PTC016729
IRP · Aug 2019
₹36 Cr 67.2% Resolved
New Horizons Asphalt Private Limited (Formerly Known as GP Global Asphalt Private Limited.)( Formerly Known as Gulf Asphalt Private Limited)
U11100GJ2011PTC108646
IRP · Mar 2024
CIRP
Origin Formulations Pvt. Ltd.
U24230GJ2010PTC063358
IRP · Sep 2019
Liquidator · Oct 2020
CIRP
Polygold Pre-Cured Systems Private Limited
U25110GJ1998PTC034100
IRP · May 2020
₹7 Cr -0.9% Resolved
City Tiles Ltd.
U26941GJ2002PLC041142
IRP · May 2019
CIRP
Shaifali Steels Ltd.
U27109GJ1994PLC023962
IRP · Jan 2020
₹105 Cr 92.6% Resolved
Shaifali Rolls Ltd.
U27310GJ2004PLC044403
IRP · Sep 2018
₹343 Cr 95.3% Resolved
Sai Infosystem (India) Ltd
U30007GJ2003PLC041786
IRP · Dec 2017
Liquidator · Sep 2019
CIRP
Maxroth Impex Pvt. Ltd.
U31909GJ1991PTC016748
IRP · Sep 2018
Liquidator · Feb 2020
₹6 Cr Liquidation
DESH CAM TECHNOLOGICAL RESOURCES PRIVATE LIMITED
U31909GJ2003PTC042084
RP
IRP · Jun 2024
CIRP
TORQUE AUTOMOTIVE PRIVATE LIMITED
U40105GJ2007PTC050624
IRP · Mar 2021
CIRP
Nagaur Water Supply Company Private Limited
U41000GJ2008PTC053373
IRP · Aug 2021
CIRP
SUJYOT INFRASTRUCTURE PRIVATE LIMITED
U45200GJ2011PTC065955
IRP · Dec 2021
CIRP
Snehdaxa Infrastructure Private Limited
U45201GJ2010PTC061039
Liquidator · Dec 2019
₹7 Cr Liquidation
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
Electronics & Electricals
2 cases
Steel & Metals
2 cases
Textiles & Apparel
1 case
Food & Agro
1 case
Chemicals & Plastics
1 case
Construction & Infrastructure
1 case
Performance Summary
Resolution rate 71%
Recovery vs liq. value 80.8% (natl 166.9%)
Avg haircut (resolved) 80.0% (natl 69.4%)
Sectors covered 6
Data source IBBI Quarterly

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