We use a session cookie and first-party analytics to run this site — no third-party trackers, no ads. Details in our Privacy Policy.
RESEARCH From the Research Desk — The sub-Rs 100 crore acquisition market, sized. Read it →
Home / RP Tracker / Ravi Sankar Devarakonda

Ravi Sankar Devarakonda UNCLAIMED PROFILE

Insolvency Professional · Karnataka · Active since 2018
IPA ICAI IIIPI Bench Bengaluru · South Reg IBBI/IPA-001/IP-P00095/2017-2018/10195 CPE 77 credits
ElectricityConstructionReal EstateManufacturing
This profile is unclaimed, so no direct contact is listed. Request an introduction →
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
Mandates
13cases
Top 10% by mandate count · last appointed Aug 2025
Claims Managed
Rs 19,566Cr
across 7 cases with figures
Realised for Creditors
Rs 1,361Cr
7.0% of admitted claims
Resolved
2cases
25% resolution rate
Recovery vs LV
122.2%
2 of 2 beat the floor
Typical CIRP Time
10 months
nationally 16 months
Largest Mandate
Rs 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
→ acquired by Mr. Dhruva Talwalkar
RP · Feb 2018
IRP · Feb 2018
🔒 🔒 🔒 7 mo
to Oct 2018
Meenakshi Energy Limited
U40101TG1996PLC054239
→ acquired by Vedanta Limited
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.
Liquidation mandates6on this professional's record
Taken to dissolution24 still in process
Distributed vs liquidation value134.8%across 2 cases with both figures · whole record 79.7%
Order to dissolution12 moaverage over 2 completed cases
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
🔒 🔒 🔒 4y 7mo
to Mar 2024
LUKUP MEDIA PRIVATE LIMITED
U72200KA2010PTC056221
IRP · Jan 2018
RP · Feb 2018
Liquidator · Aug 2018
🔒 🔒 🔒 7 mo
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
Where each live mandate stands against the statutory clock — 180 days from commencement, 270 with the single permitted extension, 330 as the outer limit.
1181–270d
4past 330d
Longest-running live mandate: Maxworth Reality India Limited at 3,182 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
Maxworth Reality India Limited
U45201KA2008PLC045928
Construction & Infrastructure
IRP · Jan 2018
RP · Feb 2018
3,182d past 330d limit Under CIRP
VALUE DESIGNBUILD PRIVATE LIMITED
U70102KA2002PTC030953
Real Estate & Housing
IRP · Jan 2019
IRP · Jan 2019
RP · Feb 2019
RP · Feb 2019
1,258d past 330d limit Inviting EoI
AVASARALA TECHNOLOGIES LIMITED
U85110KA1987PLC008228
Other Services
IRP · Jul 2023
1,176d past 330d limit Under CIRP
Tarun Realtors Private Limited
U07010KA2004PTC035166
Mining
RP · Dec 2024
1,160d past 330d limit Inviting EoI
Avesthagen Limited
U73100KA1998PLC030671
Other Services
IRP · Apr 2025
IRP · Apr 2025
228d in extension 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.

Voluntary liquidations

5
Solvent member-voluntary liquidations under s.59 — a separate mandate type from CIRP, and a different job: no creditors' committee, no resolution plan, a surplus to return.
Median time to dissolution9 mo across 3 completed · every VL on record runs 1y 8mo
Dissolution orders read2 of 5 the tribunal's own order, field by field — expand a row for the dated sequence
Corporate DebtorAppointedRealisedPaid to CreditorsSurplusCommenced → dissolved
STANLEY BLACK AND DECKER COMMERCIAL PRIVATELIMITED
U29308PN2021PTC206736
Voluntary Liquidator · Mar 2025
in process
World Cat Sourcing India Private Limited
U51217KA2007PTC044190
Voluntary Liquidator · Mar 2022
Rs 0 Cr 5 mo
to Aug 2022
PRANA SHERLOCKS ENTERTAINMENT PRIVATE LIMITED
U55209KA2017PTC105448
Voluntary Liquidator · Aug 2025
in process
Variman Fitness Private Limited
U74999KA2016PTC095179
7 dated steps in the order
BENGALURU BENCH, BENGALURU
  1. Members' resolution27 Jan 2024
  2. Public announcement29 Jan 2024
  3. Claims deadline26 Feb 2024
  4. Preliminary report9 Mar 2024
  5. Final report15 Apr 2024
  6. Application to bench18 Apr 2024
  7. Dissolution order27 May 2025
Voluntary Liquidator · Jan 2024
Rs 1 Cr Rs 0 Cr Rs 1 Cr 16 mo
to May 2025
Vivona Brands India Private Limited
U74999KA2018FTC119710
5 dated steps in the order
Bengaluru Bench
  1. Commencement8 Feb 2021
  2. Public announcement11 Feb 2021
  3. Preliminary report22 Mar 2021
  4. Final report22 Apr 2021
  5. Dissolution order2 Nov 2021
Voluntary Liquidator · Feb 2021
Rs 0 Cr Rs 0 Cr 9 mo
to Nov 2021
Figures shown where an outcome has been filed. The dated sequence inside a row is read from the tribunal's dissolution order itself, one field at a time, with the page it came from held against it. Regulation 37 (as amended with effect from 31 January 2024) sets 270 days from commencement where the creditors approved the resolution and 90 days where they were not required to — this page does not assign a per-case target, because whether creditors approved is recorded in these orders as prose and has not been classified. The comparison shown is the median of every voluntary liquidation on record: same statistic, same basis.
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 10% of 2,365 ranked
At Bengaluru bench — by mandate countTop 5% of 65
Recovery vs liquidation value122.2%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor2 of 2
Typical time to outcome10 months
national median 16 months · median of 8 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 Professional22
Liquidator4
Voluntary Liquidator5
Of these, 10 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
Bengaluru10 mandates
Bench median 12 months to outcome · 27% resolved (176 concluded cases)
Mumbai1 mandate
Bench median 18 months to outcome · 34% resolved (1,247 concluded cases)
Hyderabad1 mandate
Bench median 14 months to outcome · 37% resolved (345 concluded cases)
Kolkata1 mandate
Bench median 14 months to outcome · 33% resolved (529 concluded cases)
Ravi runs a median 10 months to outcome across 8 concluded mandates. The benches those mandates sit in run at 13 months, weighted by how many of his cases each one holds — so he is closing 85 days faster 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 & Infrastructure3
Real Estate & Housing2
Other Services2
Mining1
Textiles & Apparel1
Machinery & Equipment1
Power & Energy1
Logistics & Transport1

Is this your profile?

This page already exists — buyers already see it. Claiming puts you in control: your photo, your story, your numbers in context, enquiries routed to you.

Claim profile →

See everything claiming unlocks →

Trying to reach Ravi?

This profile is unclaimed, so direct contact isn't listed. Leave your details and we'll route the introduction.

We pass on your interest and step out. No fee, no matchmaking, no ranking of who gets introduced.

← All RP profiles