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Home / RP Tracker / Raman Devarajan

Raman Devarajan UNCLAIMED PROFILE

Insolvency Professional · Active since 2018
IPA ICSI IIP Bench Mumbai · West Reg IBBI/IPA-002/IP-N00323/2017-2018/10928 CPE 95 credits
Construction & InfrastructurePower & EnergyOther ServicesOther ManufacturingTextiles & ApparelFinancial Services
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Viewed in 90 days — what ARCs, banks & funds see when they search this name
Career composition · 8 CIRP mandates
1
1
6
Resolved 1 Liquidation 1 Under CIRP 6
Appointments by year
'18'19'20'21'22'23'24'25'26
Overview Resolved 1 Liquidation 1 Under CIRP 6 Standing
Mandates
8cases
Top 20% by mandate count · last appointed Aug 2024
Claims Managed
Rs 432Cr
across 2 cases with figures
Realised for Creditors
Rs 69Cr
15.9% of admitted claims
Resolved
1cases
50% resolution rate
Recovery vs LV
89.0%
0 of 1 beat the floor
Typical CIRP Time
41 months
nationally 16 months
Largest Mandate
Rs 387 Cr
SATRA PROPERTIES (INDIA…

Resolved — plan approved

1
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
SATRA PROPERTIES (INDIA) LIMITED
L65910MH1983PLC030083
→ acquired by MJ Shah Enterprises, MJ Shah Realtors LLP and Centrio Lifespaces Limited (Formerly known as Satra Realty and Builders Limited)
IRP · Aug 2020
RP · Oct 2020
🔒 🔒 🔒 3y 11mo
to Jul 2024

Liquidation — order passed

1
Liquidation mandates1on this professional's record
Taken to dissolution01 still in process
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
Kotakurja Private Limited
U40100MH1997PTC110591
IRP · Nov 2019
RP · Dec 2019
Liquidator · Oct 2022
🔒 🔒 🔒 2y 10mo
to Oct 2022
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
Where each live mandate stands against the statutory clock — 180 days from commencement, 270 with the single permitted extension, 330 as the outer limit.
6past 330d
Longest-running live mandate: A and A Shelters Private Limited at 3,090 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
A and A Shelters Private Limited
U45209MH2008PTC182072
Construction & Infrastructure
IRP · Apr 2018
RP · Jan 2019
3,090d past 330d limit Under CIRP
Poonam Drums & Containers Private Limited
U28100MH1983PTC031112
Other Manufacturing
IRP · Sep 2019
RP · Oct 2019
2,561d past 330d limit Under CIRP
SATRA PROPERTY DEVELOPERS PRIVATE LIMITED
U51900MH2000PTC126260
Trading & Distribution
IRP · Aug 2020
2,236d past 330d limit Inviting EoI
Rapid Buildwell Limited
U45201DL2005PLC135266
Construction & Infrastructure
IRP · Nov 2022
RP · Dec 2022
1,403d past 330d limit Under CIRP
VEMB Lifestyle Pvt Ltd
U18101MH2005PTC154498
Textiles & Apparel
IRP · Feb 2024
RP · Apr 2024
940d past 330d limit Inviting EoI
Primat Infrapower & Multiventures Pvt Ltd
U74110MH1999PTC285503
Other Services
IRP · Jul 2024
RP · Aug 2024
801d past 330d limit Inviting EoI
Admitted claims and recovery are determined only as each case concludes, so figures appear here once an outcome is reached. The day count runs from the insolvency commencement date (s.12 IBC). A case past 330 days is not a default by the professional: the Supreme Court struck the word “mandatorily” from that proviso in CoC of Essar Steel v Satish Kumar Gupta (2019), and time lost to the tribunal's own listing is counted in the figure. Read it as runway, not as a verdict.
About this data: Figures come from the IBBI professional register, IBBI published data and public announcement records. Comparisons are medians across stressed.in's full IBBI universe. How every number is sourced, checked and corrected →.
Report an error →
Activity & context · vs India's IP universe
Activity — mandate countTop 20% of 2,308 ranked
Recovery vs liquidation value89.0%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor0 of 1
Typical time to outcome41 months
national median 16 months · median of 2 concluded mandates
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 Professional15
Liquidator1
Of these, 8 began as an IRP appointment — the interim role the tribunal fills on admission, before the committee of creditors confirms or replaces it.
Benches — his mandates vs the forum's tempo
Mumbai7 mandates
Bench median 18 months to outcome · 34% resolved (1,249 concluded cases)
New Delhi1 mandate
Bench median 17 months to outcome · 36% resolved (780 concluded cases)
Raman runs a median 41 months to outcome across 2 concluded mandates. The benches those mandates sit in run at 18 months, weighted by how many of his cases each one holds — so he is taking 703 days longer than the forums he files in.
Bench medians run across every concluded CIRP on record at that bench, not only this professional's. Duration turns on the company's condition and the tribunal's listing as much as on the professional — context, not a ranking.
Sector exposure
Construction & Infrastructure2
Financial Services1
Textiles & Apparel1
Other Manufacturing1
Power & Energy1
Trading & Distribution1
Other Services1

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