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

Odisha

This index covers 88 insolvency cases on record since 2017. Of the concluded cases, 13 ended in an approved resolution plan and 34 in liquidation — a liquidation rate of 72.3%. 27 remain under CIRP today. Cases here take a median 502 days from admission to a plan or liquidation order (n=47), against a national median of 480 days (n=4,663).

Total88on record
Resolved13plan approved
Liquidated34order passed
Under CIRP27running now

Median haircut not shown — only 15 approved plans here carry a figure, below the 30-case base we require before publishing a benchmark.

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
Aryan Infraprojects Limited Under CIRP Construction & Infrastructure Cuttack Debadutta Mohapatra 14 Nov 2019 —
ASB Energy Systems and Construction Private Limited Under CIRP Construction & Infrastructure Cuttack Suresh Chandra Pattanayak 15 Oct 2025 —
Balasore Alloys Limited Under CIRP Other Manufacturing Cuttack Shikhar Chand Jain 12 Jun 2025 —
Benzfab Technologies Private Limited Under CIRP Other Services — Vishal Passary 11 Jul 2018 —
Cj Infradevelopers Private Limited. Under CIRP Real Estate & Housing Cuttack Chittaranjan Panda 05 Sep 2024 —
Fortune Spirit Limited Round Concluded Food & Agro Cuttack Saroja Kumar Prusty 25 Apr 2022 —
Fortune Spirit Limited Under CIRP Food & Agro Cuttack Sambhu Lal Agrawal 09 Sep 2025 —
IN2IT Technologies Private Limited Under CIRP IT, Telecom & Media Cuttack Ishant Jain 18 Jun 2026 —
Konark Aquatics and Exports Private Limited Under CIRP Food & Agro Cuttack Saradindu Jena 18 Aug 2026 —
M/S Medilloyd Medicament Private Limited. Under CIRP Other Manufacturing Cuttack Umesh Chandra Sahoo 23 Jan 2023 —
Maa Durga Commotrade Private Limited Under CIRP Trading & Distribution Cuttack Bishwanath Choudhary 25 Sep 2023 —
Maa Manasha Devi Alloys Private Limited Under CIRP Steel & Metals Cuttack Suresh Chandra Mohanty 31 Oct 2022 —
Maa Tarini Steels LLP Under CIRP Other Manufacturing Cuttack Suresh Chandra Pattanayak 13 Feb 2026 —
Neelachal Ispat Nigam Limited Under CIRP Other Manufacturing — Uday Narayan Mitra 07 Feb 2019 —
Nilachakra Metal Processors Private Limited Under CIRP Steel & Metals Cuttack Sweta Agarwala 23 Sep 2026 —
P K Ores Pvt Ltd Under CIRP Mining Kolkata Abhijeet Jain 13 Apr 2017 —
Shree Baladevjew Infrastructure Private Limited Under CIRP Real Estate & Housing Cuttack Soumitra Lahiri 19 Dec 2025 —
Ss Aluminium Private Limited Under CIRP Steel & Metals Cuttack Suresh Chandra Pattanayak 09 Sep 2025 —
SSAB Energy & Minerals Limited Under CIRP Other Manufacturing Cuttack Suresh Chandra Pattanayak 10 Mar 2026 —
Sun Granite Export Limited Under CIRP Cement, Glass & Ceramics Cuttack Raghunath Bhandari 05 Aug 2026 —
Sustainable Outreach and Universal Leadership Limited Under CIRP Other Services Cuttack Vikky Dang 16 Jan 2026 —
Swastik Ispat Private Limited Under CIRP Other Manufacturing Cuttack Rashmi Chhawchharia 12 Jun 2025 —
The Orissa Minerals Development Company Limited Under CIRP Trading & Distribution — Santosh Choraria 20 Feb 2018 —
Tulsi Spices and Foods Private Limited Under CIRP — Cuttack Pratap Mukherjee 05 Aug 2026 —
Utkal Steel & Power Private Limited Under CIRP Other Manufacturing Cuttack Rakesh Bhatia 08 Apr 2026 —
Utkal Steels Limited. Under CIRP Other Manufacturing Ahmedabad Pankaj Bhattad 17 Jun 2026 —
Virajaa Steel and Power Private Limited Under CIRP Other Manufacturing Cuttack Umesh Chandra Sahoo 09 Sep 2025 —
Visa Steel Limited Under CIRP Trading & Distribution Cuttack Ajay Kumar Agarwal 28 Nov 2022 —
George Distributors Private Limited Liquidation Order Trading & Distribution Kolkata Sandip Kumar Kejriwal 05 Sep 2019 28 Jul 2026
Zenith Mining Private Limited Resolution Plan Approved Mining Cuttack Sanjeet Kumar Sharma 07 Nov 2024 28 Apr 2026
Nayaagarh Sugar Complex Limited Liquidation Order Food & Agro Cuttack Devendra Umrao 22 Dec 2021 13 Feb 2026
Sambandh Finserve Private Limited Resolution Plan Approved Financial Services Cuttack Saradindu Jena 05 Sep 2024 20 Jan 2026
Grids Steel & Alloys Limited Liquidation Order Other Manufacturing Cuttack Suresh Chandra Pattanayak 31 Jan 2023 26 Sep 2025
Sidharth Construction and Trading Private Limited Withdrawn u/s 12A Construction & Infrastructure Cuttack Saradindu Jena 19 Aug 2025 26 Sep 2025
ARSS Infrastructure Projects Limited Resolution Plan Approved Mining Cuttack Uday Narayan Mitra 30 Nov 2021 29 Aug 2025
KVR Steels Orissa Ltd Liquidation Order Other Manufacturing Cuttack Umesh Chandra Sahoo 29 Nov 2023 22 Aug 2025
Swarna Hospital Private Limited Liquidation Order Other Services Cuttack Suresh Chandra Pattanayak 08 May 2023 19 Aug 2025
Roopam Textiles Trading Private Limited Liquidation Order Textiles & Apparel Cuttack Payal Agarwal 31 Jul 2023 25 Apr 2025
Grand Auto Udyog Private Limited Liquidation Order Trading & Distribution Cuttack Gaurang Chhotalal Shah 06 Mar 2024 18 Oct 2024
Maa Durga Flour Mills Private Limited Liquidation Order Food & Agro Cuttack Pradip Kumar Kar 04 Sep 2019 28 Feb 2024
Sanchi Mediaids Private Limited Withdrawn u/s 12A Other Services Cuttack Suresh Chandra Pattanayak 29 Nov 2023 16 Jan 2024
Srabani Constructions Private Limited Liquidation Order Construction & Infrastructure Cuttack Gagan Bihari Bhuyan 29 Nov 2022 13 Dec 2023
SAV Industries Private Limited Liquidation Order Steel & Metals Cuttack Arun Kumar Gupta 25 Oct 2022 10 Jul 2023
Sabitri Industries Private Limited Liquidation Order Logistics & Transport Cuttack Sambhu Lal Agrawal 03 Jun 2022 03 Jul 2023
Assotech Milan Resorts Pvt Ltd Liquidation Order Trading & Distribution Cuttack Suresh Chandra Pattanayak 07 Jul 2022 18 Apr 2023
Way Automotives Private Limited Liquidation Order Trading & Distribution Cuttack Ardhendu Shekhar Raut 06 Jun 2022 18 Apr 2023
OCL Iron and Steel Limited Resolution Plan Approved Steel & Metals Cuttack Shiv Nandan Sharma 20 Sep 2021 20 Mar 2023
Lumex Resources Private Limited Liquidation Order Trading & Distribution Cuttack Suresh Chandra Pattanayak 08 Oct 2021 10 Jan 2023
Y. Pani and Company Pvt. Ltd. Liquidation Order Other Services Cuttack Umesh Chandra Sahoo 13 Sep 2021 31 Oct 2022
Namratha Power Private Limited Liquidation Order Power & Energy Cuttack Narala Varalakshmi 12 Apr 2021 27 Jul 2022
Maa Tarini Industries Limited Liquidation Order Steel & Metals Cuttack Gagan Bihari Bhuyan 26 Jul 2021 13 Jul 2022
Srabani Constructions Private Limited Withdrawn u/s 12A Construction & Infrastructure Cuttack Chaitanya Kumar Ray 21 Apr 2022 17 Jun 2022
Technico(India) Pvt Ltd Withdrawn u/s 12A — Cuttack Saradindu Jena 25 Apr 2022 09 May 2022
Maa Durga Rice Processing & Exports Private Limited Liquidation Order Food & Agro Cuttack Amarendra Kar 04 Sep 2019 05 Apr 2022
Maa Durga Rice Products Private Limited Liquidation Order Food & Agro Cuttack Alok Kumar Agrawal 04 Sep 2019 05 Apr 2022
Baibhav Properties Private Limited Withdrawn u/s 12A Construction & Infrastructure Cuttack Surya Kanta Satapathy 30 Nov 2021 18 Feb 2022
Krishna Ferro Products Limited Resolution Plan Approved Steel & Metals Cuttack Manish Jain 04 Oct 2019 15 Feb 2022
COS Board Industries Limited Resolution Plan Approved Other Manufacturing Cuttack Umesh Chandra Sahoo 16 Dec 2019 03 Feb 2022
Hirakud Industrial Works Limited Resolution Plan Approved Construction & Infrastructure Cuttack Ananda Rao Korada 04 Jun 2019 22 Dec 2021
Siddhartha Engineering Limited Withdrawn u/s 12A Other Services Cuttack Prasanta Kumar Mallik 01 Dec 2021 22 Dec 2021
Shivam Condev Private Limited Withdrawn u/s 12A Construction & Infrastructure Cuttack Vinod Radhakrishnan Nair 08 Oct 2021 03 Nov 2021
Sri Ganesh Sponge Iron Private Limited Resolution Plan Approved Steel & Metals Kolkata Avishek Gupta 18 Feb 2019 01 Nov 2021
Swain Aluminium Private Limited Resolution Plan Approved Steel & Metals Cuttack Binay Kumar Singhania 20 Feb 2020 01 Nov 2021
Air Odisha Aviation Private Limited Liquidation Order Logistics & Transport Cuttack Gagan Bihari Bhuyan 27 Sep 2019 13 Sep 2021
Tuff Tubes (Orissa) Private Limited Withdrawn u/s 12A Other Manufacturing Cuttack Giridharilal Sharma 09 Jun 2021 02 Sep 2021
Jagannath Sponge Private Limited Resolution Plan Approved Steel & Metals Kolkata Samya Sengupta 22 Apr 2019 06 Aug 2021
Emerald Mineral Exim Private Limited Liquidation Order Trading & Distribution Cuttack Pratim Bayal 20 Feb 2020 04 Aug 2021
Adhunik Metaliks Limited Liquidation Order Steel & Metals Kolkata Sumit Binani 03 Aug 2017 03 Mar 2020
Zion Steel Limited Liquidation Order Steel & Metals Kolkata Sumit Binani 03 Aug 2017 03 Mar 2020
Odisha Slurry Pipeline Infrasructure Limited Resolution Plan Approved Logistics & Transport Cuttack Ashish Chhawchharia 14 May 2019 02 Mar 2020
Ferro Alloys Corporation Limited Resolution Plan Approved Construction & Infrastructure Cuttack Kishan Gopal Somani 06 Jul 2017 30 Jan 2020
Shubham Industries Limited Liquidation Order Other Manufacturing Cuttack Sunil Kumar Keswani 14 Nov 2019 10 Jan 2020
Metro Builders Orissa Private Limited Withdrawn u/s 12A Real Estate & Housing Cuttack Sunil Kumar Keswani 02 Dec 2019 11 Dec 2019
Supreme Concrete & Infrastructure Private Limited Withdrawn u/s 12A Real Estate & Housing Cuttack Debadutta Mohapatra 19 Nov 2019 04 Dec 2019
Shree Shankar Infratech Private Limited Withdrawn u/s 12A Construction & Infrastructure Cuttack Sunil Kumar Keswani 27 Sep 2019 14 Nov 2019
Utkal Builders Industries Limited Withdrawn u/s 12A Construction & Infrastructure Cuttack Suresh Chandra Pattanayak 27 Sep 2019 04 Oct 2019
S R Breweries Private Limited Liquidation Order Food & Agro Kolkata Niraj Agrawal 03 Dec 2018 16 Jul 2019
CNN Minerals Private Limited Liquidation Order Mining Kolkata Aditya Kumar Tibrewal 31 Aug 2018 08 Jul 2019
Maadurga Thermal Power Company Limited Liquidation Order Power & Energy Kolkata Pankaj Dhanuka 08 Jun 2018 25 Jun 2019
Rukmani Infra Projects Private Limited Liquidation Order Steel & Metals Kolkata Sambhu Lal Agarwal 10 May 2018 01 Mar 2019
Sri Balaji Metallics Private Limited Withdrawn u/s 12A Other Manufacturing Kolkata Nihar Ranjan Nayak 31 Oct 2018 23 Jan 2019
Powercon Projects & Associates Ltd. Liquidation Order Machinery & Equipment Kolkata Chaitanya Kumar Ray 10 Jul 2018 08 Jan 2019
Coastal Projects Limited Liquidation Order Construction & Infrastructure Kolkata Ravi Sankar Devarakonda 05 Jan 2018 06 Dec 2018
Falcon Consultancy Private Limited Liquidation Order Construction & Infrastructure Kolkata Sonu Jain 23 Feb 2018 05 Dec 2018
Hari Machines Limited Liquidation Order Machinery & Equipment Kolkata Kannan Tiruvengadam 15 May 2018 16 Nov 2018
Ghotaringa Minerals Limited Liquidation Order Mining Kolkata Ashok Kumar Gulla 16 Feb 2018 31 Aug 2018
Bajrangbali Alloys Private Limited Liquidation Order Other Manufacturing Kolkata Pinaki Sircar 15 Feb 2018 28 Aug 2018
Orissa Manganese & Minerals Ltd. Resolution Plan Approved Mining Kolkata Sumit Binani 03 Aug 2017 22 Jun 2018

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.