RS
Ravi Sankar Devarakonda
Insolvency Professional · Resolution Professional FREE PROFILE
IPA ICAI IIIPI
AFA Valid
Bench Bengaluru · South
State Karnataka
IBBI Reg IBBI/IPA-001/IP-P00095/2017-2018/10195
Declared sectors
Electricity
Construction
Real Estate
Manufacturing
Cases Handled
13
2 with financial detail
Resolved
1
50% resolution rate
Liquidations
1
liquidation orders
Recovery vs Liq. Value
122.4%
natl avg 166.9%
IRP Appointments
4
interim — at CIRP commencement
Cases Handled (13) · 2 with financial detail
| Corporate Debtor | Role / Appointed | Admitted Claims | Haircut | Status |
|---|---|---|---|---|
| Maxworth Realty India Limited |
IRP · Jan 2018
|
— | — | CIRP |
| Universal Power Transformers Pvt. Ltd. |
IRP · Mar 2018
|
— | — | CIRP |
|
Tarun Realtor
U07010KA2004PTC035166
|
RP
|
— | — | CIRP |
|
Reid & Taylor India Ltd. U17114MH2000PLC126018
|
Liquidator · Feb 2019
|
— | — | CIRP |
|
Meenakshi Energy Ltd.
U40101TG1996PLC054239
|
IRP · Nov 2019
|
₹4,592 Cr | — | Resolved |
|
SSJV PROJECTS PRIVATE LIMITED U45203KA1998PTC024063
|
IRP · Jul 2025
|
— | — | CIRP |
|
Coastal Projects Limited U45203OR1995PLC003982
|
IRP · Jan 2018
Liquidator · Dec 2018
|
— | — | CIRP |
|
Deepak Cables (India) Ltd. U64201KA1977PLC003168
|
IRP · Sep 2018
|
— | — | CIRP |
|
Value Designbuild Pvt. Ltd.
U70102KA2002PTC030953
|
IRP · Jan 2019
|
— | — | CIRP |
|
Opto Ifrastructure Ltd U70102KA2007PLC044004
|
Liquidator · Mar 2024
|
— | — | CIRP |
|
Lukup Media Private Limited
U72200KA2010PTC056221
|
IRP · Jan 2018
Liquidator · Aug 2018
|
₹85 Cr | — | Liquidation |
|
Avesthagen Limited
U73100KA1998PLC030671
|
IRP · May 2025
|
— | — | CIRP |
|
AVASARALA TECHNOLOGIES LIMITED U85110KA1987PLC008228
|
IRP · Jul 2023
|
— | — | CIRP |
Voluntary Liquidations (5)
| STANLEY BLACK AND DECKER COMMERCIAL PRIVATELIMITED
U29308PN2021PTC206736 |
Voluntary Liquidator · Mar 2025 |
| World Cat Sourcing India Private Limited
U51217KA2007PTC044190 |
Voluntary Liquidator · Mar 2022 |
| PRANA SHERLOCKS ENTERTAINMENT PRIVATE LIMITED
U55209KA2017PTC105448 |
Voluntary Liquidator · Aug 2025 |
| Variman Fitness Private Limited
U74999KA2016PTC095179 |
Voluntary Liquidator · Jan 2024 |
| Vivona Brands India Private Limited
U74999KA2018FTC119710 |
Voluntary Liquidator · Feb 2021 |
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
Power & Energy
1 case
IT, Telecom & Media
1 case
Performance Summary
Resolution rate
50%
Recovery vs liq. value
122.4% (natl 166.9%)
Avg haircut (resolved)
70.7% (natl 69.4%)
Sectors covered
2
Data source
IBBI Quarterly
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