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Home / RP Tracker / Ravi Sankar Devarakonda

Ravi Sankar Devarakonda UNCLAIMED PROFILE

Insolvency Professional · Bengaluru, Karnataka · Active since 2018
Bench Bengaluru · South·IBBI/IPA-001/IP-P00095/2017-2018/10195·IPA ICAI IIIPI·CPE 77 credits
Sectors: Electricity · Construction · Real Estate · Manufacturing
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Viewed 5× in 90 days — a public page, built from the IBBI record
Career composition · 19 companies, incl. 3 withdrawn and 6 voluntary
2
6
1
3
1
6
Resolved 2 Liquidation 6 Under CIRP 1 Withdrawn / settled 3 Handed over 1 Voluntary liquidation 6
Companies by year of first appointment
5
3
1
1
1
3
4
1
'18'19'20'21'22'23'24'25'26
Activity
Top 10%
29 IBBI appointments · Bengaluru top 20%
Resolved
2cases
33% of 6 CIRPs led
Recovery vs LV
122.2%
2 of 2 beat LV
CIRP time
9months
national median 16 mo
Liquidation
6companies
2 closed · 4 in process
Voluntary liq.
6companies
median 9 mo · all VLs 1y 8mo
Resolved: ₹4,644 Cr admitted claims · ₹1,360 Cr realisable under the approved plans (29.3%) · 2 companies with both figures
Liquidation: ₹342 Cr admitted claims · ₹1 Cr distributed to creditors (0.4%) · 2 companies with both figures
Last appointed Sep 2026. Ranks by mandate count, not a quality score.

13 more companies on this profile open with a plan. See plans →

Right now — live mandates

1
Against the statutory clock: 180 / 270 / 330 days from commencement.
1past 330d
Longest-running live mandate: Avasarala Technologies Limited at 1,206 days from commencement.
Corporate DebtorRole / AppointedStatutory clockStage
Avasarala Technologies Limited
Other Services
IRP · Jul 2023
1,206d past 330d limit Under CIRP

Resolved — plan approved

2
Acquirer shown where the approved plan names one. Figures shown for outcomes in the last 90 days — the full financial record is member data.
Corporate DebtorRole / AppointedAdmittedRealisable (plan)Rec vs LVDuration
Meenakshi Energy Limited
→ acquired by Vedanta Limited
IRP · Sep 2019
RP · Dec 2019
🔒 🔒 🔒 3y 9mo
to Aug 2023
Universal Power Transformer Private Limited
→ acquired by Mr. Dhruva Talwalkar
RP · Feb 2018
IRP · Feb 2018
🔒 🔒 🔒 7 mo
to Oct 2018

Liquidation — order passed

6
2 of 6 closed — by dissolution, going-concern sale or compromise.
Liquidation mandates6on this professional's record
Closed24 still in process
Distributed vs liquidation value134.8%across 2 cases with both figures · whole record 81.1%
Order to closure12 moaverage over 2 completed cases
Corporate DebtorRole / AppointedAdmittedDistributedRec vs ClaimsDuration
SSJV Projects Private Limited
IRP · Jul 2025
RP · Aug 2025
🔒 🔒 🔒 5 mo
to Nov 2025
Opto Ifrastructure Ltd
Liquidator · Mar 2024
🔒 🔒 🔒 4y 7mo
to Mar 2024
Deepak Cables (India) Private Limited
IRP · Aug 2018
RP · Sep 2019
🔒 🔒 🔒 10 mo
to Jul 2019
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last 90 days — the full financial record is member data.
Source: IBBI register and published data. How we source and correct →
Report an error →
Role mix
IRP — interim10
Resolution Professional9
Liquidator4
Voluntary Liquidator6
Of these, 10 began as an IRP appointment — the interim role the tribunal fills on admission, before the committee of creditors confirms or replaces it.
Benches — mandates vs the forum's tempo
Bengaluru10 mandates
Bench median 12 months to outcome · 26% resolved (179 concluded cases)
Mumbai1 mandate
Bench median 18 months to outcome · 34% resolved (1,268 concluded cases)
Hyderabad1 mandate
Bench median 14 months to outcome · 37% resolved (341 concluded cases)
Kolkata1 mandate
Bench median 14 months to outcome · 34% resolved (531 concluded cases)
Ravi runs a median 9 months to outcome across 6 concluded mandates. The benches those mandates sit in run at 13 months, weighted by how many of Ravi's cases each one holds — so Ravi is closing 126 days faster than those benches.
Sector exposure
Construction & Infrastructure3
Real Estate & Housing2
Other Services2
Mining1
Textiles & Apparel1
Machinery & Equipment1
Power & Energy1
Logistics & Transport1
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