RD

Raman Devarajan

Insolvency Professional · Resolution Professional FREE PROFILE

IPA ICSI Institute of Insolvency Professiona AFA Lapsed till Nov -0001 Bench data unavailable State data unavailable IBBI Reg IBBI/IPA-002/IP-N00323/2017-2018/10928
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Cases Handled
8
1 with financial detail
Resolved
1
50% resolution rate
Liquidations
1
liquidation orders
Recovery vs Liq. Value
89.0%
natl avg 166.9%
IRP Appointments
8
interim — at CIRP commencement
Mandate totals · across concluded cases
Claims Managed
₹387
Cr · across 1 mandate with figures
Total Realised
₹69
Cr · to creditors
Realised vs Claims
17.7%
across the book
Largest Mandate
₹387 Cr
SATRA PROPERTIES (INDIA) …
Resolved — plan approved (1)
Corporate DebtorRole / AppointedAdmittedRealisedRec vs LVHaircut
SATRA PROPERTIES (INDIA) LIMITED
L65910MH1983PLC030083
IRP · Aug 2020
RP · Oct 2020
₹387 Cr ₹69 Cr 89.0% 82.3%
Liquidation — order passed (1)
Corporate DebtorRole / AppointedAdmittedDistributedRec vs Claims
Kotakurja Private Limited
U40100MH1997PTC110591
IRP · Nov 2019
RP · Dec 2019
Liquidator · Oct 2022
Under CIRP — ongoing (6)
Corporate DebtorRole / AppointedCIRP AgeStage
VEMB Lifestyle Pvt Ltd
U18101MH2005PTC154498
Textiles & Apparel
IRP · Feb 2024
RP · Apr 2024
2y 3mo data unavailable
Poonam Drums & Containers Private Limited
U28100MH1983PTC031112
IRP · Sep 2019
RP · Oct 2019
6y 9mo data unavailable
Rapid Buildwell Limited
U45201DL2005PLC135266
IRP · Nov 2022
RP · Dec 2022
3y 7mo data unavailable
A and A Shelters Private Limited
U45209MH2008PTC182072
IRP · Apr 2018
RP · Jan 2019
8y 2mo data unavailable
SATRA PROPERTY DEVELOPERS PRIVATE LIMITED
U51900MH2000PTC126260
Trading & Distribution
IRP · Aug 2020
5y 10mo data unavailable
Primat Infrapower & Multiventures Pvt Ltd
U74110MH1999PTC285503
Other Services
IRP · Jul 2024
RP · Aug 2024
1y 11mo data unavailable
Live mandates — admitted claims and recovery are determined only as each case concludes, so figures appear here once an outcome is reached.
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 →
Performance Summary
Resolution rate 50%
Recovery vs liq. value 89.0% (natl 166.9%)
Recovery vs LV (weighted) 89.0% claim-wtd
Avg haircut (resolved) 82.3% (natl 69.4%)
Sectors covered 0
Data source IBBI Quarterly

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