- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0009524

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 2026. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2026, the company reported a revenue of ₹94.32 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹20.44 Cr (net margin 21.7%) and EBITDA of ₹29.55 Cr (EBITDA margin 31.3%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 24% over five years.
The company has about 21 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. The company has 2 MSME Form 1 returns on record between 2019 and 2022, listing 3 overdue payments to 3 micro and small suppliers.
Asap Fluids Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0009524). 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.
Company details
Recognitions & Rankings of Asap Fluids
Contact details
Asap Fluids Private Limited's registered office is in Mumbai, Maharashtra. Its website is asapfluids.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit 1 And 2 Kailash Commercial Complex, Lbs Marg Vikhroli West, Mumbai, Maharashtra, India – 400083
- IndustryEnergy and Power, Oil & Gas Exploration & Production
To see the full contact details of Asap Fluids Private Limited, buy the company report.
- 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
Business activity
The main business activity of Asap Fluids is mining and quarrying. In detail, this covers mining support service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| B | Mining and quarrying | 09 | Mining support service activities |
To see the full business activity and turnover split of Asap Fluids Private Limited, buy the company report.
Financials of Asap Fluids Private Limited
FY 2026 filings availableAsap Fluids Private Limited reported revenue of ₹94.32 Cr (up 32% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 32% growth in the latest year. EBITDA rose 81% 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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹94.32 Cr | ||||
| Cost of Materials Consumed | |||||
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| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹29.55 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹20.44 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 31.3% | ||||
| Net Profit Margin | 21.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Asap Fluids Private Limited, buy the company report.
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 7 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 9 Months | Current |
| Chetana Anand Gupta | Director | 01 Apr 2011 | 15 Years 7 Months | Current |
| Rajiv Ranjan | Director | 29 Apr 2023 | 3 Years 6 Months | Current |
Auditor
Asap Fluids Private Limited is audited by Pankaj R. Shah & Associates for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Pankaj R. Shah & Associates | FY 2026 | 107361W |
Shareholding
The shareholding of Asap Fluids Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Asap Fluids Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2024 | 100985101 | Citi Bank N.A. | ₹10 Cr | Open | |
| 11 Jan 2024 | 100851826 | Hdfc Bank Limited | ₹20.22 Cr | Open | |
| 25 Sep 2023 | 100794406 | Others | ₹43.44 Cr | Open | |
| 19 Oct 2022 | 100627922 | Hdfc Bank Limited | ₹20 Lakh | Open | |
| 08 Nov 2023 | 100819476 | Others | ₹7.5 Cr | Satisfied |
To see the full charge records of Asap Fluids Private Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
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 |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
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.
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 Pvt Ltd., | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Sun Petrochemicals Pvt Ltd., | Pending |
| High Court | Writ petition | Filed by the company against Oil India Limited and Ors | Pending |
| Bombay High Court | Arbitration matter | Filed by the company against Sun Petrochemicals Private Limited and Anr. | Disposed |
| High Court | Court case (SAW) | Filed against the company by Oil India Limited | Disposed |
To see the full case history of Asap Fluids Private Limited, buy the company report.
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.
Credit ratings & regulatory alerts
Asap Fluids Private Limited was last rated by Icra on 31 May 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 31 May 2022 |
To see the full credit ratings and regulatory alerts of Asap Fluids Private Limited, buy the company report.
MSME payment delays
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 |
To see the full MSME payment records of Asap Fluids Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Asap Fluids Private Limited has a workforce of 21 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 21 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Asap Fluids Private Limited, buy the company report.
GST
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 |
To see the full GST registrations and return filing status of Asap Fluids Private Limited, buy the company report.
Recent activity
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 in the company report.
Frequently asked questions
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 has 4 current directors:
- Vivek Anand Gupta - Managing Director
- Sejal Vivek Gupta - Director
- Chetana Anand Gupta - Director
- Rajiv Ranjan - Director
The latest financial statements of Asap Fluids on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 August 2025. Year-wise statements from 2015 are in the company report.
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.
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.
Yes, Asap Fluids is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0009524).
Asap Fluids has 2 MSME Form 1 returns on record between 2019 and 2022, listing 3 overdue payments to 3 micro and small suppliers. The latest return was filed on 30 Apr 2022.

