India: List of corporate defaulters referred to bankruptcy court - List 1

Last Modified: Sun Jul 29 2018 23:14:23 GMT+0530 (India Standard Time)
  • 12
    Number of companies where the aggregate exposure of the lenders is more than Rs 5,000 crore, and where there is little possibility of resolution through restructuring outside the National Company Law Tribunal (NCLT). Together, these companies account for 25% of the gross NPA's held by India's banks.
  • Rs 44,478 crore
    Bhushan Steel Ltd - the largest manufacturer of auto-grade steel in India. State Bank of India (SBI) is the lead banker among consortium of lenders.
  • Rs 44,364 crore
    Lanco Infratech Ltd. IDBI is the lead banker among consortium of lenders.
  • Rs 37,284 crore
    Essar Steel Ltd - leading global steel manufacturer.
  • Rs 37,248 crore
    Bhushan Power & Steel Ltd: Bhushan Power and Steel, a sister company of Bhushan Steel.
  • Rs 22,075 crore
    Alok Industries - Mumbai-based textile manufacturing company. State Bank of India, Punjab National Bank, Bank of Baroda, IDBI Bank, and Standard Chartered Bank are some of the major lenders.
  • Rs 14,074 crore
    Amtek Auto - one of the largest integrated component manufacturers in India. SBI is the lead bank among consortium of lenders.
  • Rs 12,115 crore
    Monnet Ispat and Energy - one of India’s steel producers.
  • Rs 10,273 crore
    Electrosteel Steels - Water infrastructure company based in Khardah near Kolkata. SBI is lead banker among consortium of lenders.
  • Rs 10,065 Crore
    Era Infra Engineering Ltd - infrastructure company.
  • Rs 9,635 crore
    Jaypee Infratech i- a subsidiary of conglomerate Jaypee Group. IDBI is the lead banker among consortium of lenders.
  • Rs 6,953 crore
    ABG Shipyard - an Ahmedabad-based shipbuilding company.
  • Rs 5,165 crore
    yoti Structures - a power transmission and distribution company.