About Asap Fluids Private Limited
Data last updated:
Asap Fluids Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Gumpro Drilling Fluids Private Limited. It operates in the oil and gas exploration and production segment of the energy and power sector. It was incorporated on 15 February 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74990MH2010PTC200102. Its GSTIN is 27AAICA2436P1ZB (Maharashtra). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.2 Cr. It is led by directors including Vivek Anand Gupta (Managing Director) and Sejal Vivek Gupta.
Its last annual general meeting (AGM) was held on 29 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹71.67 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹10.6 Cr (net margin 14.8%) and EBITDA of ₹16.29 Cr (EBITDA margin 22.7%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 36% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹73.86 Cr and satisfied charges of ₹67.32 Cr on record. Court records list 19 cases involving the company, including 7 filed by the company and 12 filed against it; 3 cases are pending. The company has 4 deals on record (2 secondary share transfers, 1 funding round, 1 acquisition), with disclosed funding of ₹2.2 Cr; the latest was in March 2013. Its 10 peer companies in the Oil and Gas industry (Exploration and Production) are compared by revenue, 5 larger and 5 smaller; the largest is Haridwar Natural Gas Private Limited with revenue of ₹116.52 Cr. The company has 2 MSME Form 1 returns on record between 2019 and 2022, listing 3 overdue payments to 3 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website asapfluids.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressUnit 1 And 2 Kailash Commercial Complex, Lbs Marg Vikhroli West, Mumbai, Maharashtra, India – 400083
- IndustryEnergy and Power, Oil & Gas Exploration & Production
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Asap Fluids Private Limited
The main business activity of Asap Fluids is mining and quarrying. In detail, this covers mining support services activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| B | Mining and quarrying | B5 | Mining Support Services activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Asap Fluids Private Limited FY 2025 filings available
Asap Fluids Private Limited reported revenue of ₹71.67 Cr (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Asap Fluids Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 36% over five years, including 15% growth in the latest year. EBITDA fell 17% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Asap Fluids Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹16.29 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.6 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Asap Fluids Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 22.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 14.8% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Asap Fluids are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Asap Fluids Private Limited
Asap Fluids Private Limited is compared with the companies closest to it by revenue in the Oil and Gas industry (Exploration and Production). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Haridwar Natural Gas Private Limited | ₹116.52 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Hardwar, Uttarakhand, India |
| Uma Gaspoint Bottling Private Limited | ₹111.01 Cr (FY 2025) | •••• | •••• | 53321.0% | •••• | Nanded, Maharashtra, India |
| Aakash Exploration Services Limited Listed | ₹99.78 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Ahmedabad, Gujarat, India |
| Shapoorji Pallonji Armada Oil and Gas Services Private Limited | ₹91.29 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Mumbai, Maharashtra, India |
| GTC Oilfield Services Limited | ₹82.76 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Ahmedabad, Gujarat, India |
| Asap Fluids Private Limited this company | ₹71.67 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Mumbai, Maharashtra, India |
| Vzen Industries Private Limited | ₹58.5 Cr (FY 2024) | •••• | •••• | -20.0% | •••• | Kolkata, West Bengal, India |
| Bvishal Exploration Private Limited | ₹49.17 Cr (FY 2024) | •••• | •••• | 149.0% | •••• | Mehsana, Gujarat, India |
| Naman Petro Private Limited | ₹41.04 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Barmer, Rajasthan, India |
| Axess Aim India Private Limited | ₹40.65 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Thane, Maharashtra, India |
| S K Oil Field Equipment Company Private Limited | ₹39.34 Cr (FY 2025) | •••• | •••• | 352.0% | •••• | Uttarakhand, India |
Peers are the five companies nearest above and the five nearest below Asap Fluids by revenue in the Oil and Gas industry (Exploration and Production), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Asap Fluids Private Limited
Asap Fluids Private Limited is audited by Pankaj R. Shah & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Pankaj R. Shah & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Asap Fluids Private Limited
Asap Fluids has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sejal Vivek Gupta | Director | 06 Apr 2023 | 3 Years 6 Months | Current |
| Vivek Anand Gupta Also directs: Vivekanand Gums and Polymars Private Limited, Welfast Private Limited, Padmashil (Traders and Exporters) Private Limited and 1 more | Managing Director | 15 Feb 2010 | 16 Years 8 Months | Current |
| Chetana Anand Gupta | Director | 01 Apr 2011 | 15 Years 6 Months | Current |
| Rajiv Ranjan | Director | 29 Apr 2023 | 3 Years 5 Months | Current |
Ownership and Shareholding of Asap Fluids Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Asap Fluids Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Sep 2024 | Citi Bank N.A. | ₹10 Cr | Open |
| 11 Jan 2024 | Hdfc Bank Limited | ₹20.22 Cr | Open |
| 25 Sep 2023 | Others | ₹43.44 Cr | Open |
| 19 Oct 2022 | Hdfc Bank Limited | ₹20 Lakh | Open |
| 08 Nov 2023 | Others | ₹7.5 Cr | Satisfied |
Total charge records: 10 View all charges
Deals & Funding of Asap Fluids Private Limited
Asap Fluids Private Limited has 4 deals on record (2 secondary share transfers, 1 funding round, 1 acquisition), with disclosed funding of ₹2.2 Cr; the latest was in March 2013.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: Gumpro Drilling Fluids Private Limited & Vivek Anand Gupta Seller: an individual |
| Jan 2013 | Funding round | ₹2.2 Cr | Investors: Gumpro Drilling Fluids Private Limited |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: Gumpro Drilling Fluids Private Limited Seller: an individual |
| Jan 2011 | Acquisition | ₹2.99 Cr | Buyer: Gumpro Drilling Fluids Private Limited |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Asap Fluids Private Limited
Asap Fluids Private Limited has 19 court cases on record: 7 filed by Asap Fluids, 12 filed against it. 3 cases are pending and 16 are disposed. Status as checked between 28 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 5 | 1 |
| District courts | 5 | 4 | 2 |
| Supreme Court | 4 | 3 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Sun Petrochemicals Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Sun Petrochemicals Private Limited | Pending |
| High Court of Rajasthan | Writ petition | Filed by the company against Oil India Limited | Pending |
| Bombay High Court | Arbitration matter | Filed by the company against Sun Petrochemicals Private Limited | Disposed |
| High Court of Rajasthan | Interim or miscellaneous application | Filed against the company by Oil India Limited | Disposed |
Full case history
All 19 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Asap Fluids Private Limited
Asap Fluids Private Limited has 2 MSME Form 1 returns on record between 2019 and 2022, listing 3 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Trident Services Private Limited | •••• | •••• | •••• |
| Tubestar Oil and Gas Services Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Asap Fluids Private Limited
Asap Fluids Private Limited has a workforce of 16 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Asap Fluids Private Limited
Asap Fluids Private Limited has 12 board changes on record since 2010: 8 appointments and 4 cessations. The latest: Rajiv Ranjan was appointed as Director on 29 Apr 2023.
22 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Asap Fluids Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Asap Fluids Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Asap Fluids Private Limited
Asap Fluids has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICA2436P1ZB | Maharashtra | Active | 01 Jul 2017 |
| 08AAICA2436P1ZB | Rajasthan | Active | 01 Jul 2017 |
| 24AAICA2436P1ZH | Gujarat | Active | 01 Jul 2017 |
| 37AAICA2436P1ZA | Andhra Pradesh | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Asap Fluids Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Asap Fluids Private Limited
Asap Fluids is an active private limited company based in Mumbai, Maharashtra, India. The company works in oil and gas exploration and production, within the energy and power industry. It was incorporated on 15 February 2010 (16+ years old) and is registered under CIN U74990MH2010PTC200102.
Asap Fluids reported revenue of ₹71.67 Cr for FY 2025 (up 15% YoY).
Asap Fluids has 4 current directors:
- Vivek Anand Gupta - Managing Director
- Sejal Vivek Gupta - Director
- Chetana Anand Gupta - Director
- Rajiv Ranjan - Director
Asap Fluids reported a net profit of ₹10.6 Cr (net margin 14.8%) and EBITDA of ₹16.29 Cr (EBITDA margin 22.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Asap Fluids is 23% over three years and 36% over five years. In the latest year (FY 2025) revenue rose 15%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Asap Fluids is 27AAICA2436P1ZB, registered in Maharashtra. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 08AAICA2436P1ZB (Rajasthan), 24AAICA2436P1ZH (Gujarat), 37AAICA2436P1ZA (Andhra Pradesh).
The CIN (Corporate Identification Number) of Asap Fluids is U74990MH2010PTC200102. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asap Fluids has 19 court cases on record: 7 filed by the company and 12 filed against it. 3 are pending. Most are in the high courts.
Asap Fluids was incorporated on 15 February 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Asap Fluids has 4 deals on record (2 secondary share transfers, 1 funding round, 1 acquisition), with disclosed funding of ₹2.2 Cr; the latest was in March 2013.
The peers of Asap Fluids by revenue are Haridwar Natural Gas Private Limited, Uma Gaspoint Bottling Private Limited, Aakash Exploration Services Limited, Shapoorji Pallonji Armada Oil and Gas Services Private Limited, GTC Oilfield Services Limited and 5 more, all in the Oil and Gas industry (Exploration and Production).
Rajiv Ranjan was appointed as Director on 29 Apr 2023. Sejal Vivek Gupta was appointed as Director on 06 Apr 2023. Yogesh Ratilal Jagiwala ceased to be Director on 23 Nov 2020. Asap Fluids has 12 board changes on record in total.