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Home / RP Tracker / Ravi Sankar Devarakonda

Ravi Sankar Devarakonda UNCLAIMED PROFILE

Insolvency Professional · Karnataka · Active since 2018
IPA ICAI IIIPI AFA Valid till Dec 2026 Bench Bengaluru · South Reg IBBI/IPA-001/IP-P00095/2017-2018/10195 CPE 77 credits
ElectricityConstructionReal EstateManufacturing
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Career composition · 13 CIRP mandates
2
6
5
Resolved 2 Liquidation 6 Under CIRP 5
Appointments by year
'18'19'20'21'22'23'24'25'26
Overview Resolved 2 Liquidation 6 Under CIRP 5 Voluntary 5 Standing Claim this profile →
Mandates
13cases
top 9% by mandate count
Claims Managed
₹19,566Cr
across 7 cases with figures
Realised for Creditors
₹1,361Cr
7.0% of admitted claims
Resolved
2cases
25% resolution rate
Recovery vs LV
122.2%
national avg 166.9%
Avg CIRP Time
15 mo
7 mo faster than national avg
Largest Mandate
₹7,490 Cr
Coastal Projects Limited

Resolved — plan approved

2
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
UNIVERSAL POWER TRANSFORMER PRIVATE LIMITED
U31103KA2002PTC030060
RP · Feb 2018
IRP · Feb 2018
🔒 🔒 🔒 7 mo
to Oct 2018
Meenakshi Energy Limited
U40101TG1996PLC054239
IRP · Sep 2019
RP · Dec 2019
🔒 🔒 🔒 3y 9mo
to Aug 2023

Liquidation — order passed

6
2 of 6 carried through to dissolution — liquidation completed and the company struck off.
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
RTIL Limited
U17114MH2000PLC126018
Liquidator · Feb 2019
🔒 🔒 🔒 10 mo
to Feb 2019
SSJV PROJECTS PRIVATE LIMITED
U45203KA1998PTC024063
IRP · Jul 2025
RP · Aug 2025
🔒 🔒 🔒 5 mo
to Nov 2025
Coastal Projects Limited
U45203OR1995PLC003982
IRP · Jan 2018
RP · Feb 2018
Liquidator · Dec 2018
🔒 🔒 🔒 11 mo
to Dec 2018
Deepak Cables (India) Private Limited
U64201KA1977PLC003168
IRP · Aug 2018
RP · Sep 2019
🔒 🔒 🔒 10 mo
to Jul 2019
Opto Ifrastructure Ltd
U70102KA2007PLC044004
Liquidator · Mar 2024
🔒 🔒 🔒
to Mar 2024
LUKUP MEDIA PRIVATE LIMITED
U72200KA2010PTC056221
IRP · Jan 2018
RP · Feb 2018
Liquidator · Aug 2018
🔒 🔒 🔒
to Aug 2018
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

5
Corporate DebtorRole / AppointedCIRP AgeStage
Tarun Realtors Private Limited
U07010KA2004PTC035166
Mining
RP · Dec 2024
3y Inviting EoI
Maxworth Reality India Limited
U45201KA2008PLC045928
Construction & Infrastructure
IRP · Jan 2018
RP · Feb 2018
8y 7mo Under CIRP
VALUE DESIGNBUILD PRIVATE LIMITED
U70102KA2002PTC030953
Real Estate & Housing
IRP · Jan 2019
RP · Feb 2019
3y 3mo Inviting EoI
Avesthagen Limited
U73100KA1998PLC030671
Other Services
IRP · Apr 2025
6 mo Inviting EoI
AVASARALA TECHNOLOGIES LIMITED
U85110KA1987PLC008228
Other Services
IRP · Jul 2023
3y 1mo Under CIRP
Live mandates — admitted claims and recovery are determined only as each case concludes, so figures appear here once an outcome is reached.

Voluntary liquidations

5
Corporate DebtorAppointedRealisedPaid to CreditorsSurplusDissolved
STANLEY BLACK AND DECKER COMMERCIAL PRIVATELIMITED
U29308PN2021PTC206736
Voluntary Liquidator · Mar 2025
World Cat Sourcing India Private Limited
U51217KA2007PTC044190
Voluntary Liquidator · Mar 2022
₹0 Cr Aug 2022
PRANA SHERLOCKS ENTERTAINMENT PRIVATE LIMITED
U55209KA2017PTC105448
Voluntary Liquidator · Aug 2025
Variman Fitness Private Limited
U74999KA2016PTC095179
Voluntary Liquidator · Jan 2024
₹1 Cr ₹0 Cr ₹1 Cr May 2025
Vivona Brands India Private Limited
U74999KA2018FTC119710
Voluntary Liquidator · Feb 2021
₹0 Cr ₹0 Cr Nov 2021
Solvent member-voluntary liquidations (s.59) — a separate mandate type from CIRP. Figures shown where an outcome has been filed.
About this data: Profile data is sourced from the IBBI professional register, quarterly newsletters and public announcement records. Comparative figures (percentiles, national averages) are computed across stressed.in's full IBBI universe and refresh as records load. See how every number is sourced, checked and corrected →.
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Activity & context · vs India's IP universe
Activity — mandate countTop 9% of 2,443
At Bengaluru bench — by mandate count#6 of 66
Recovery vs LV — vs national avg-44.7 pts
Speed — avg CIRP vs national avg7 mo faster
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 Professional19
Liquidator4
Voluntary Liquidator5
Bench spread
Bengaluru8
Mumbai1
Hyderabad1
Kolkata1
Sector exposure
Construction & Infrastructure3
Real Estate & Housing2
Other Services2
Mining1
Textiles & Apparel1
Machinery & Equipment1
Power & Energy1
Logistics & Transport1
Performance summary
Resolution rate25%
Recovery vs LV (claim-wtd)122.2%
Realised vs claims (book)7.0%
IRP appointments10
Data sourceIBBI · NCLT · MCA
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