ST
Santanu T Ray
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-N00360/2017-2018/11055
Cases Handled
23
4 with financial detail
Resolved
4
21% resolution rate
Liquidations
15
liquidation orders
Recovery vs Liq. Value
96.1%
natl avg 166.9%
IRP Appointments
14
interim — at CIRP commencement
Mandate totals · across concluded cases
Claims Managed
₹759
Cr · across 4 mandates with figures
Total Realised
₹76
Cr · to creditors
Realised vs Claims
10.0%
across the book
Largest Mandate
₹270 Cr
SHREE VAISHNAV CASTING PR…
Resolved — plan approved (4)
| Corporate Debtor | Role / Appointed | Admitted | Realised | Rec vs LV | Haircut |
|---|---|---|---|---|---|
|
Euro Pallets Private Limited
U27107MH2008PTC184344
|
RP · Jul 2018
IRP · Jul 2018
|
₹35 Cr | ₹3 Cr | 362.7% | 91.4% |
|
AML Steel and Power Limited
U27109TN2004PLC052436
|
IRP · Mar 2018
RP · Apr 2018
|
— | — | — | — |
|
SHREE VAISHNAV CASTING PRIVATE LIMITED
U27310MH2007PTC170497
|
RP · May 2019
|
₹270 Cr | ₹46 Cr | 90.8% | — |
|
Zicom Saas Private Limited
U74120MH2011PTC213916
|
IRP · Mar 2020
RP · Sep 2020
|
₹186 Cr | ₹15 Cr | 98.9% | 92.0% |
Liquidation — order passed (15)
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims |
|---|---|---|---|---|
|
BOMBAY RAYON FASHIONS LIMITED
L17120MH1992PLC066880
|
IRP · Jun 2022
|
— | — | — |
|
Neo Corp International Limited
L24132MH1985PLC223220
|
RP · Nov 2019
Liquidator · Aug 2021
|
— | — | — |
|
GITANJALI GEMS LTD
L36911MH1986PLC040689
|
Liquidator · Feb 2024
|
— | — | — |
|
NAKSHATRA WORLD LIMITED
U01100MH1995PLC095425
|
Liquidator · May 2021
|
— | — | — |
|
SACOS INDIGO PRIVATE LIMITED
U24222MH1985PTC214671
|
IRP · May 2020
RP · Jul 2020
Liquidator · Jan 2022
|
₹268 Cr | ₹12 Cr | 5.6% |
|
Poly Logic International Private Limited
U25209MH2011PTC225071
|
IRP · May 2020
|
— | — | — |
|
Ankur Iron (India) Private Limited
U27100MH2010PTC206434
|
IRP · Jan 2019
Liquidator · Aug 2020
|
— | — | — |
|
RASIKLAL SANKALCHAND JEWELLERS PRIVATE LIMITED
U36900MH2000PTC125362
|
IRP · Jun 2022
RP · Jul 2022
|
— | — | — |
|
Nakshatra Brands Limited
U36910MH2004PLC146406
|
Liquidator · Nov 2021
|
— | — | — |
|
Peace Infrastructure Private Limited
U45201GJ2007PTC052273
|
IRP · Feb 2018
RP · Mar 2018
|
— | — | — |
|
Conros Steels Private Limited
U51420MH2005PTC150550
|
RP · Sep 2017
IRP · Dec 2017
Liquidator · Aug 2018
|
— | — | — |
|
FIRESTAR INTERNATIONAL LIMITED
U51909MH2004PLC145478
|
Liquidator · Aug 2021
|
— | — | — |
|
Firestar Diamond International Private Limited
U51909MH2006PTC164429
|
Liquidator · Feb 2020
|
— | — | — |
|
Oneworld Industries Private Limited
U74120MH2012PTC230510
|
RP · Feb 2019
Liquidator · Nov 2019
|
— | — | — |
|
Sixth Dimension Project Solutions Limited
U74900MH1998PLC116838
|
RP · Aug 2019
Liquidator · Mar 2021
|
— | — | — |
Under CIRP — ongoing (4)
| Corporate Debtor | Role / Appointed | CIRP Age | Stage |
|---|---|---|---|
|
Salvi Chemical Industries Limited
U24230MH2005PLC156633
|
IRP · Oct 2019
|
6y 8mo | data unavailable |
|
EGO FLOORING PRIVATE LIMITED
U26933MH2005PTC151646
Cement, Glass & Ceramics |
IRP · Oct 2025
RP · Nov 2025
|
8 mo | data unavailable |
|
Kaizen Power Limited
U45300WB2007PLC117195
Construction & Infrastructure |
IRP · Dec 2019
RP · Feb 2020
|
6y 5mo | data unavailable |
|
ATMA RAM HOUSE INVESTMENT PRIVATE LIMITED
U65921DL1965PTC004523
|
IRP · Nov 2025
|
7 mo | 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 →
Sector Exposure
Cement, Glass & Ceramics
1 case
Construction & Infrastructure
1 case
Performance Summary
Resolution rate
21%
Recovery vs liq. value
96.1% (natl 166.9%)
Recovery vs LV (weighted)
96.1% claim-wtd
Avg haircut (resolved)
91.7% (natl 69.4%)
Sectors covered
2
Data source
IBBI Quarterly
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