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 →
Sector

Steel & Metals · page 4

Steel & Metals accounts for 332 insolvency cases on record since 2017. Of the concluded cases, 162 ended in an approved resolution plan and 84 in liquidation — a liquidation rate of 34.1%. 74 remain under CIRP today. Cases here take a median 472 days from admission to a plan or liquidation order (n=246), against a national median of 480 days (n=4,663).

Total332on record
Resolved162plan approved
Liquidated84order passed
Under CIRP74running now
Median haircut81.8% national 77.2% · n=162

Figures, haircuts and benchmarks sit on each case page, for members. This index is the public record; the interpretation is the product.

CompanyStatusSectorNCLT bench Resolution professionalAdmittedOutcome
Uttam Strips Limited Resolution Plan Approved Steel & Metals New Delhi Sanjay Gupta 09 Apr 2018 06 Jun 2019
Allied Strips Ltd. Resolution Plan Approved Steel & Metals New Delhi Mohan Lal Jain 16 Mar 2018 30 May 2019
Norton Aluminium (India) Pvt. Limited Liquidation Order Steel & Metals Mumbai Dhiren Shantilal Shah 22 Jun 2018 29 May 2019
Essar Steel India Ltd. Resolution Plan Approved Steel & Metals Ahmedabad Satish Kumar Gupta 02 Aug 2017 08 Mar 2019
Darjeeling Rolling Mills Pvt. Ltd. Resolution Plan Approved Steel & Metals Kolkata Raj Singhania 28 Aug 2018 01 Mar 2019
Rukmani Infra Projects Private Limited Liquidation Order Steel & Metals Kolkata Sambhu Lal Agarwal 10 May 2018 01 Mar 2019
SBQ Steels Limited Liquidation Order Steel & Metals Chennai Ashish Arjunkumar Rathi 29 Dec 2017 14 Feb 2019
Sadhbhawana Impex Private Limited Liquidation Order Steel & Metals Chandigarh Sanjay Kumar Aggarwal 21 Aug 2018 13 Feb 2019
Saicon Steels Private Limited Liquidation Order Steel & Metals Mumbai Jitendra Palande 02 May 2018 11 Feb 2019
Venky Hi-Tech Ispat Ltd. Resolution Plan Approved Steel & Metals Kolkata Jitendra Lohia 08 May 2018 08 Jan 2019
Sheth Metal Private Limited Liquidation Order Steel & Metals Mumbai Sanjay Rungta 06 Jun 2018 07 Jan 2019
Sri Gangadhara Steels Limited Liquidation Order Steel & Metals Hyderabad Kalpana G 29 Aug 2017 11 Dec 2018
Adhunik Alloys & Power Ltd. Resolution Plan Approved Steel & Metals Kolkata Sumit BInani 23 Aug 2017 07 Dec 2018
AGP Steels Pvt. Ltd. Resolution Plan Approved Steel & Metals Hyderabad Naga Bhushan Bhagawati 21 Sep 2017 28 Nov 2018
Kamineni Steel & Power India Private Limited Liquidation Order Steel & Metals Hyderabad K Vatsa Kumar 10 Feb 2017 26 Oct 2018
Precision Engineers & Fabricators Private Limited Liquidation Order Steel & Metals Kolkata Rasik Singhania 04 Apr 2017 22 Oct 2018
Ramdas Ispat and Metals Private Limited Liquidation Order Steel & Metals Mumbai Laxman Digambar Pawar 06 Apr 2018 22 Oct 2018
Cosmic Ferro Alloys Ltd. Resolution Plan Approved Steel & Metals Kolkata Anish Niranjan Nanavaty 16 Jan 2018 11 Oct 2018
Impex Steel Ltd. Liquidation Order Steel & Metals Kolkata Soumitra Lahiri 16 Mar 2018 18 Sep 2018
Shree Radhe Industries Limited Liquidation Order Steel & Metals Mumbai Dushyant C Dave 04 Dec 2017 11 Sep 2018
Arcee Ispat Udyog Ltd. Resolution Plan Approved Steel & Metals Chandigarh Jalesh Kumar Grover 30 Aug 2017 30 Aug 2018
NSR Steels Pvt. Ltd. Resolution Plan Approved Steel & Metals Chennai Venkataramanarao Nagarajan 24 Nov 2017 30 Aug 2018
VNM Components Private Limited Liquidation Order Steel & Metals New Delhi Jayashree Shukla Dasgupta 07 Feb 2018 27 Jul 2018
Paragon Steels Pvt. Ltd. Resolution Plan Approved Steel & Metals Chennai R.Venkatakrishnan 15 Sep 2017 24 Jul 2018
Associated Cylinders And Accessories Private Limited Liquidation Order Steel & Metals Chennai Satyadevi A 10 Jan 2018 16 Jul 2018
Bhushan Steel Ltd. Resolution Plan Approved Steel & Metals New Delhi Vijay Kumar V Iyer 26 Jul 2017 15 May 2018
Electrosteel Steels Ltd. Resolution Plan Approved Steel & Metals Kolkata Dhaivat Anjaria 21 Jul 2017 17 Apr 2018
Basai Steels and Power Pvt. Ltd. Resolution Plan Approved Steel & Metals Hyderabad Hemant Sharma 19 Jul 2017 13 Apr 2018
Jhelum Industries Private Limited Liquidation Order Steel & Metals Mumbai Pranav J. Damania 17 Aug 2017 20 Mar 2018
Divya Jyoti Sponge Iron Pvt. Ltd. Resolution Plan Approved Steel & Metals Kolkata Arun Kumar Gupta 23 Aug 2017 13 Mar 2018
New-Tech Fittings Pvt. Ltd. Liquidation Order Steel & Metals Ahmedabad Ramubhai Patel 23 May 2017 18 Dec 2017
Prowess International Pvt. Ltd. Resolution Plan Approved Steel & Metals Kolkata Arun Kumar Gupta 20 Apr 2017 17 Oct 2017
← Previous 1234

Other sectors

Other Services (1,520) Construction & Infrastructure (1,142) Other Manufacturing (1,114) Trading & Distribution (1,049) Food & Agro (699) Real Estate & Housing (625) Textiles & Apparel (551) Machinery & Equipment (497)

Sourced exclusively from public record — IBBI publications and announcements, NCLT and NCLAT orders. Every figure stored verbatim; a blank means not yet filed, never zero. Data as of 2026-09-25. Read the methodology · Browse A–Z · by sector · by bench · bench duration intelligence.