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RESEARCH From the Research Desk — The sub-Rs 100 crore acquisition market, sized. Read it →
State

Gujarat · page 7

This index covers 681 insolvency cases on record since 2017. Of the concluded cases, 129 ended in an approved resolution plan and 270 in liquidation — a liquidation rate of 67.7%. 144 remain under CIRP today. Cases here take a median 464 days from admission to a plan or liquidation order (n=397), against a national median of 480 days (n=4,663).

Total681on record
Resolved129plan approved
Liquidated270order passed
Under CIRP144running now
Median haircut77.4% national 77.2% · n=123

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
Ram Agri-Infra India Private Limited Withdrawn u/s 12A Real Estate & Housing Mumbai Manishkumar Ratanshi Patel 28 Dec 2018 29 Nov 2019
Shree Padmavati Sortex Private Limited Liquidation Order Food & Agro Ahmedabad Vinodkumar Surendralal Shah 29 Mar 2019 27 Nov 2019
New Gujarat Polyplast Private Limited Withdrawn u/s 12A Other Manufacturing Ahmedabad Ketulbhai Ramubhai Patel 17 May 2019 26 Nov 2019
ORG Informatics Limited Liquidation Order Machinery & Equipment Ahmedabad Kiran Chinubhai Shah 27 Nov 2018 20 Nov 2019
Shaifali Rolls Limited Resolution Plan Approved Steel & Metals Ahmedabad Rajat Mukherjee 14 Sep 2018 20 Nov 2019
Saiyed Paper Mills Limited Withdrawn u/s 12A Other Manufacturing Ahmedabad Sunil Kumar Agarwal 01 Oct 2019 24 Oct 2019
Shree Vinayak Foods and Fabrics Pvt. Ltd. Liquidation Order Trading & Distribution Ahmedabad Vikash Gautamchand Jain 21 Feb 2018 23 Oct 2019
Maruti Koatsu Cylinders Limited Resolution Plan Approved Chemicals & Plastics Ahmedabad Mangesh Vitthal Kekre 26 Apr 2018 22 Oct 2019
A & I Hospitality Private Limited Resolution Plan Approved Hospitality & Leisure Ahmedabad George Samuel 18 Jan 2018 17 Oct 2019
Khushi Foods Limited Liquidation Order Food & Agro Ahmedabad Chandra Prakash Jain 02 Nov 2018 09 Oct 2019
Shree Hari Cotex Private Limited Withdrawn u/s 12A Textiles & Apparel Ahmedabad Atul Mittal 26 Sep 2019 09 Oct 2019
ALPS Liesure Holidays Private Limited Liquidation Order Logistics & Transport Ahmedabad Vinodkumar Surendralal Shah 13 Nov 2018 01 Oct 2019
Shri Aster Silicates Limited Liquidation Order Food & Agro Ahmedabad Divyesh Desai 15 Oct 2018 01 Oct 2019
Aum Structbuild Private Limited Resolution Plan Approved Construction & Infrastructure Ahmedabad Pinakin Surendra Shah 12 Nov 2018 30 Sep 2019
Mekaster Engineering Limited Liquidation Order Machinery & Equipment Ahmedabad Chandra Prakash Jain 04 Aug 2017 30 Sep 2019
Osaka Pharmaceuticals Private Limited Liquidation Order Pharmaceuticals Ahmedabad Abhishek Nagori 10 Oct 2018 30 Sep 2019
Harsh Polymers (India) Limited Liquidation Order Other Services Ahmedabad Bhavi Shreyans Shah 24 Oct 2018 26 Sep 2019
API Industries Private Limited Liquidation Order Other Manufacturing Ahmedabad Kiran Chinubhai Shah 19 Feb 2019 23 Sep 2019
Hardik Industrial Corporation Private Limited Liquidation Order Other Manufacturing Ahmedabad Kiran Chinubhai Shah 19 Feb 2019 23 Sep 2019
Jaihind Infra Tech Projects Private Limited Resolution Plan Approved Construction & Infrastructure Ahmedabad Sunit Jagdishchandra Shah 16 Jan 2018 20 Sep 2019
Shri Jalaram Rice Industries Private Limited Liquidation Order Food & Agro Ahmedabad Kiran Chinubhai Shah 12 Apr 2019 19 Sep 2019
Mahendrakumar Babulal Jewels Private Limited Liquidation Order Other Manufacturing Ahmedabad Hemant Sharma 16 Nov 2018 17 Sep 2019
Gujarat Foils Private Limited Liquidation Order Other Manufacturing Ahmedabad Alok Kailash Saksena 30 Nov 2017 16 Sep 2019
Neeru Cotton Private Limited Liquidation Order Textiles & Apparel Ahmedabad Sunit Jagdishchandra Shah 07 Aug 2018 03 Sep 2019
Asis Logistics Limited Liquidation Order Trading & Distribution Ahmedabad Devendra Jain 11 Jan 2018 28 Aug 2019
Ardor Global Private Limited Liquidation Order Other Manufacturing Ahmedabad Vikash Gautamchand Jain 31 Jul 2017 26 Aug 2019
Anil Technoplus Limited Liquidation Order Trading & Distribution Ahmedabad Bhupendra Singh Narayan Singh Rajput 14 Feb 2018 22 Aug 2019
Sai InfoSystem (India) Limited Liquidation Order Machinery & Equipment Ahmedabad Parag Sheth 30 Nov 2017 22 Aug 2019
Big Power Glass India Private Limited Withdrawn u/s 12A Other Manufacturing Ahmedabad Manish Santosh Buchasia 21 Jun 2019 13 Aug 2019
Anil Lifesciences Limited Liquidation Order Other Manufacturing Ahmedabad Parthiv Parikh 12 Sep 2018 02 Aug 2019
Varia Engineering Works Private Limited Liquidation Order Electronics & Electricals Ahmedabad Sunil Kumar Agarwal 21 Dec 2017 22 Jul 2019
Baffin Engineering Projects Limited Liquidation Order Machinery & Equipment Ahmedabad Lekhraj Bajaj 24 Oct 2018 19 Jul 2019
Kasturi Exim Private Limited Liquidation Order Trading & Distribution Ahmedabad Ajay Gupta 13 Nov 2018 19 Jul 2019
Shivam Water Treaters Private Limited Liquidation Order Machinery & Equipment Mumbai Hema Manoj Shah 15 Oct 2018 17 Jul 2019
Vaman Fabrics Private Limited Liquidation Order Textiles & Apparel Ahmedabad Premraj Ramratan Laddha 01 Oct 2018 17 Jul 2019
Ambica Concrete Company Private Limited Withdrawn u/s 12A Other Manufacturing Ahmedabad Bhavi Shreyans Shah 19 Jun 2019 05 Jul 2019
Ashok Transformers Private Limited Liquidation Order Electronics & Electricals Ahmedabad Sachin Bhattbhatt 25 Jul 2018 05 Jul 2019
Maxroth Impex Private Limited Liquidation Order Electronics & Electricals Ahmedabad Parag Sheth 12 Sep 2018 05 Jul 2019
Anjali Infracrete Private Limited Withdrawn u/s 12A Construction & Infrastructure Ahmedabad Sunil Kumar Kedia 05 Apr 2019 03 Jul 2019
Rashmi Yarns Limited Admission recalled (NCLT) Textiles & Apparel Ahmedabad Manish Kumar Bhagat 31 May 2019 26 Jun 2019
Reon Cast Private Limited Withdrawn u/s 12A Other Manufacturing Ahmedabad Manish Santosh Buchasia 30 May 2019 26 Jun 2019
Varia Aluminium Private Limited Liquidation Order Other Manufacturing Ahmedabad Ramchandra Dallaram Choudhary 20 Nov 2017 17 Jun 2019
Danke Electricals Limited Liquidation Order Electronics & Electricals Ahmedabad Sunil Kumar Kabra 27 Jul 2018 12 Jun 2019
Tanisa Denim Private Limited Liquidation Order Textiles & Apparel Ahmedabad Tejas Shah 15 Nov 2018 31 May 2019
Sakar Leisure Limited Withdrawn u/s 12A Other Services Ahmedabad Kiran Chinubhai Shah 22 Apr 2019 17 May 2019
ABG Shipyard Limited Liquidation Order Machinery & Equipment Ahmedabad Sanjay Gupta 01 Aug 2017 25 Apr 2019
Win-Stone Industries (India) Private Limited Withdrawn u/s 12A Other Manufacturing Ahmedabad Chandra Prakash Jain 26 Oct 2018 12 Apr 2019
Kumar Arch Tech Private Limited and Ors Withdrawn u/s 12A — Ahmedabad Kiran Chinubhai Shah 29 Mar 2019 09 Apr 2019
R.R. Polynet Private Limited Liquidation Order Textiles & Apparel Ahmedabad Nimai Gautam Shah 05 Mar 2018 01 Apr 2019
Essar Steel India Ltd. Resolution Plan Approved Steel & Metals Ahmedabad Satish Kumar Gupta 02 Aug 2017 08 Mar 2019
Rainbow Papers Limited Resolution Plan Approved Other Manufacturing Ahmedabad Ramchandra Dallaram Choudhary 12 Sep 2017 27 Feb 2019
Logix Express Private Limited Liquidation Order Logistics & Transport Ahmedabad Dhiren Shantilal Shah 30 Nov 2017 20 Feb 2019
Stratus Foods Private Limited Liquidation Order Food & Agro Ahmedabad Nirav Anupam Tarkas 10 Apr 2017 31 Jan 2019
Shreenidhi Woodtech Private Limited Liquidation Order Other Manufacturing Ahmedabad Arvind Gaudana 22 Dec 2017 30 Nov 2018
Siddhi Vinayak Logistic Limited Liquidation Order Logistics & Transport Ahmedabad Dushyant C Dave 12 Sep 2017 19 Nov 2018
Kohinoor Diamonds Private Limited Liquidation Order Other Manufacturing Ahmedabad Pradeep Kumar Kabra 13 Feb 2018 13 Nov 2018
Anil Limited Liquidation Order Food & Agro Ahmedabad Ramchandra Dallaram Choudhary 23 Aug 2017 25 Oct 2018
Meridian Extrusions Private Limited Liquidation Order Chemicals & Plastics Ahmedabad Pinakin Surendra Shah 05 Mar 2018 15 Oct 2018
J R Diamonds Private Limited Liquidation Order Other Manufacturing Ahmedabad Vinod Tarachand Agrawal 13 Feb 2018 01 Oct 2018
Anil Tradecom Limited Liquidation Order Trading & Distribution Ahmedabad Bhupendra Singh Narayan Singh Rajput 22 Dec 2017 17 Aug 2018
Shakti Nutraceuticals Pvt. Ltd. Resolution Plan Approved Food & Agro Ahmedabad Pinakin Surendra Shah 28 Aug 2017 09 Aug 2018
ABXL Retails (India) Private Limited Liquidation Order Trading & Distribution Ahmedabad Vikash Gautamchand Jain 19 Sep 2017 02 Jul 2018
Anil Nutrients Limited Liquidation Order Other Manufacturing Ahmedabad Ramchandra Dallaram Choudhary 23 Aug 2017 07 Jun 2018
Well Pack Papers and Containers Limited Liquidation Order Textiles & Apparel Ahmedabad Pinakin Surendra Shah 09 Aug 2017 07 Jun 2018
Balaji Heavy Lifters Private Limited Withdrawn u/s 12A Machinery & Equipment Ahmedabad Vineeta Maheshwari 18 Jan 2018 15 May 2018
Shiv Cotgin Private Limited Liquidation Order Textiles & Apparel Ahmedabad Manoj Gangwal 21 Aug 2017 27 Apr 2018
Jalaram Cotton & Proteins Limited Liquidation Order Textiles & Apparel Ahmedabad Ravi Kapoor 15 Nov 2017 09 Apr 2018
Kalptaru Alloys Pvt. Ltd. Resolution Plan Approved Trading & Distribution Ahmedabad Anil Kohli 05 Sep 2017 20 Mar 2018
Aarohi Motors Private Limited Liquidation Order Machinery & Equipment Ahmedabad Dipak Jamanbhai Rachchha 21 Sep 2017 19 Mar 2018
Diamond Power Transformers Limited Liquidation Order Machinery & Equipment Ahmedabad Nitin Hasmukhlal Parikh 06 Jun 2017 19 Mar 2018
Sarthak Creation Private Limited Liquidation Order Textiles & Apparel Ahmedabad Kailash Shah 30 Aug 2017 27 Feb 2018
Dev Cotex Private Limited Liquidation Order Trading & Distribution Ahmedabad Premraj Ramratan Laddha 21 Aug 2017 05 Feb 2018
Ruby Cables Limited Liquidation Order Electronics & Electricals Ahmedabad Pinakin Surendra Shah 02 Aug 2017 05 Feb 2018
Somnath Textile Private Limited Liquidation Order Textiles & Apparel Ahmedabad Premraj Ramratan Laddha 28 Jul 2017 05 Feb 2018
Gujarat Oleo Chem Limited Liquidation Order Other Manufacturing Ahmedabad Anil Goel 13 Apr 2017 17 Jan 2018
Radheshyam Fibers Private Limited Liquidation Order Textiles & Apparel Ahmedabad Ramchandra Dallaram Choudhary 07 Aug 2017 15 Jan 2018
New-Tech Fittings Pvt. Ltd. Liquidation Order Steel & Metals Ahmedabad Ramubhai Patel 23 May 2017 18 Dec 2017
Micro Forge (India) Limited Liquidation Order IT, Telecom & Media Ahmedabad Premraj Ramratan Laddha 29 May 2017 12 Dec 2017
New-Tech Forge and Foundry Limited Liquidation Order Other Manufacturing Ahmedabad Premraj Ramratan Laddha 29 May 2017 12 Dec 2017
Pooja Tex-Prints Private Limited Liquidation Order Textiles & Apparel Ahmedabad Kailash Shah 29 Mar 2017 29 Nov 2017
Oasis Textiles Limited Liquidation Order Textiles & Apparel Ahmedabad Umesh Harjivandas Ved 31 May 2017 22 Nov 2017
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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.