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Home / RP Tracker / Santanu T Ray

Santanu T Ray UNCLAIMED PROFILE

Insolvency Professional · Active since 2017
IPA ICSI IIP Bench Mumbai · West Reg IBBI/IPA-002/IP-N00360/2017-2018/11055 CPE 160 credits
Other ManufacturingOther ServicesSteel & MetalsTrading & DistributionConstruction & InfrastructureChemicals & Plastics
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Viewed 6× in 90 days — what ARCs, banks & funds see when they search this name
Career composition · 23 CIRP mandates
4
15
4
Resolved 4 Liquidation 15 Under CIRP 4
Appointments by year
'17'18'19'20'21'22'23'24'25'26
Overview Resolved 4 Liquidation 15 Under CIRP 4 Standing
Mandates
23cases
Top 5% by mandate count · last appointed Nov 2025
Claims Managed
Rs 46,661Cr
across 19 cases with figures
Realised for Creditors
Rs 120Cr
0.3% of admitted claims
Resolved
4cases
21% resolution rate
Recovery vs LV
123.5%
2 of 4 beat the floor
Typical CIRP Time
20 months
nationally 16 months
Largest Mandate
Rs 12,558 Cr
GITANJALI GEMS LTD

Resolved — plan approved

4
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
Euro Pallets Private Limited
U27107MH2008PTC184344
→ acquired by Euro Pratik Ispat (India) Private Limited
IRP · Jul 2018
RP · Jul 2018
🔒 🔒 🔒 1y 6mo
to Dec 2019
AML Steel and Power Limited
U27109TN2004PLC052436
→ acquired by M/s. DD International Private Limited jointly with M/s. Alex Tradecom Private Limited
IRP · Mar 2018
RP · Apr 2018
🔒 🔒 🔒 16 mo
to Jun 2019
SHREE VAISHNAV CASTING PRIVATE LIMITED
U27310MH2007PTC170497
→ acquired by C. M. Shah Consortium
RP · May 2019
🔒 🔒 🔒 4y 4mo
to Jul 2023
Zicom Saas Private Limited
U74120MH2011PTC213916
→ acquired by Khemani Distributers & Marketing Ltd
IRP · Mar 2020
RP · Sep 2020
🔒 🔒 🔒 1y 8mo
to Dec 2021

Liquidation — order passed

15
1 of 15 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates15on this professional's record
Taken to dissolution114 still in process
Distributed vs liquidation value95.6%across 1 case with both figures · whole record 79.7%
Order to dissolution22 moaverage over 1 completed case
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
BOMBAY RAYON FASHIONS LIMITED
L17120MH1992PLC066880
IRP · Jun 2022
🔒 🔒 🔒 17 mo
to Nov 2023
Neo Corp International Limited
L24132MH1985PLC223220
RP · Nov 2019
Liquidator · Aug 2021
🔒 🔒 🔒 1y 10mo
to Aug 2021
GITANJALI GEMS LTD
L36911MH1986PLC040689
Liquidator · Feb 2024
🔒 🔒 🔒 5y 3mo
to Feb 2024
NAKSHATRA WORLD LIMITED
U01100MH1995PLC095425
Liquidator · May 2021
🔒 🔒 🔒 2y 3mo
to May 2021
SACOS INDIGO PRIVATE LIMITED
U24222MH1985PTC214671
IRP · May 2020
RP · Jul 2020
Liquidator · Jan 2022
🔒 🔒 🔒 1y 8mo
to Jan 2022
Poly Logic International Private Limited
U25209MH2011PTC225071
IRP · May 2020
🔒 🔒 🔒 2y 6mo
to Dec 2022
Ankur Iron (India) Private Limited
U27100MH2010PTC206434
IRP · Jan 2019
Liquidator · Aug 2020
🔒 🔒 🔒 7 mo
to Aug 2020
RASIKLAL SANKALCHAND JEWELLERS PRIVATE LIMITED
U36900MH2000PTC125362
IRP · Jun 2022
RP · Jul 2022
🔒 🔒 🔒 8 mo
to Feb 2023
Nakshatra Brands Limited
U36910MH2004PLC146406
Liquidator · Nov 2021
🔒 🔒 🔒 2y 9mo
to Nov 2021
Peace Infrastructure Private Limited
U45201GJ2007PTC052273
IRP · Feb 2018
RP · Mar 2018
🔒 🔒 🔒 2y 5mo
to Jul 2020
Conros Steels Private Limited
U51420MH2005PTC150550
RP · Sep 2017
IRP · Dec 2017
Liquidator · Aug 2018
🔒 🔒 🔒 8 mo
to Aug 2018
FIRESTAR INTERNATIONAL LIMITED
U51909MH2004PLC145478
Liquidator · Aug 2021
🔒 🔒 🔒 17 mo
to Aug 2021
Firestar Diamond International Private Limited
U51909MH2006PTC164429
Liquidator · Feb 2020
🔒 🔒 🔒 5 mo
to Feb 2020
Oneworld Industries Private Limited
U74120MH2012PTC230510
RP · Feb 2019
Liquidator · Nov 2019
🔒 🔒 🔒 12 mo
to Nov 2019
Sixth Dimension Project Solutions Limited
U74900MH1998PLC116838
RP · Aug 2019
Liquidator · Mar 2021
🔒 🔒 🔒 2y 4mo
to Mar 2021
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

4
Where each live mandate stands against the statutory clock — 180 days from commencement, 270 with the single permitted extension, 330 as the outer limit.
1271–330d
3past 330d
Longest-running live mandate: Salvi Chemical Industries Limited at 2,538 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
Salvi Chemical Industries Limited
U24230MH2005PLC156633
Other Manufacturing
IRP · Oct 2019
2,538d past 330d limit Under CIRP
Kaizen Power Limited
U45300WB2007PLC117195
Construction & Infrastructure
IRP · Dec 2019
RP · Feb 2020
2,479d past 330d limit Inviting EoI
EGO FLOORING PRIVATE LIMITED
U26933MH2005PTC151646
Cement, Glass & Ceramics
IRP · Oct 2025
RP · Nov 2025
348d past 330d limit Inviting EoI
ATMA RAM HOUSE INVESTMENT PRIVATE LIMITED
U65921DL1965PTC004523
Financial Services
IRP · Nov 2025
318d inside 330d Newly admitted
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.
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 →.
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Activity & context · vs India's IP universe
Activity — mandate countTop 5% of 2,567 ranked
At Mumbai bench — by mandate countTop 5% of 445
Recovery vs liquidation value123.5%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor2 of 4
Typical time to outcome20 months
national median 16 months · median of 19 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 Professional27
Liquidator11
Of these, 14 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
Mumbai19 mandates
Bench median 18 months to outcome · 34% resolved (1,244 concluded cases)
Chennai1 mandate
Bench median 13 months to outcome · 20% resolved (506 concluded cases)
Ahmedabad1 mandate
Bench median 15 months to outcome · 32% resolved (446 concluded cases)
Kolkata1 mandate
Bench median 14 months to outcome · 33% resolved (528 concluded cases)
Santanu runs a median 20 months to outcome across 19 concluded mandates. The benches those mandates sit in run at 17 months, weighted by how many of his cases each one holds — so he is taking 81 days longer 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
Other Manufacturing7
Steel & Metals3
Trading & Distribution3
Other Services3
Construction & Infrastructure2
Textiles & Apparel1
Food & Agro1
Chemicals & Plastics1
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