
About Vapcon Air Systems Private Limited
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Vapcon Air Systems Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the service-based operations segment of the business services sector. It was incorporated on 02 December 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH1988PTC049885. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3.2 Lakh. It is led by directors Lachhman Mangharam Ghanshani and Kamlesh Lachhman Ghanshani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at L – 3 Laxmi Industrial Estate New Link Road Andheri West, Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.19 Lakh, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹4.71 Lakh (net margin 76.1%) and EBITDA of ₹5.91 Lakh (EBITDA margin 95.4%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 10% over five years.
As per MCA filings, the company has open charges of ₹70,000 on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vapcon.com.
Company details
CIN history
Vapcon Air Systems has one previous CIN (Corporate Identification Number): U74999MH2004PTC049885. The current CIN is U74999MH1988PTC049885, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999MH1988PTC049885 | Current |
| U74999MH2004PTC049885 | Previous |
Contact details
Vapcon Air Systems Private Limited's registered office is in Mumbai, Maharashtra. Its website is vapcon.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressL – 3 Laxmi Industrial Estate New Link Road Andheri West, Mumbai, Maharashtra, India – 400053
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
To see the full contact details of Vapcon Air Systems 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
Financials of Vapcon Air Systems Private Limited
FY 2025 filings availableVapcon Air Systems Private Limited reported revenue of ₹6.19 Lakh (up 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 16% growth in the latest year. EBITDA rose 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹5.91 Lakh | ||||
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| Net Profit (PAT) | ₹4.71 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 95.4% | ||||
| Net Profit Margin | 76.1% | ||||
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To see the full financial statements and ratios of Vapcon Air Systems Private Limited, buy the company report.
Board of directors of Vapcon Air Systems Private Limited
Vapcon Air Systems has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lachhman Mangharam Ghanshani | Director | 02 Dec 1988 | 37 Years 11 Months | Current |
| Kamlesh Lachhman Ghanshani Also directs: Vapcon LLP | Director | 02 Dec 1988 | 37 Years 11 Months | Current |
Auditor
Vapcon Air Systems Private Limited is audited by Jai Vatnani & Co. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Jai Vatnani & Co. | FY 2017 | 049550 |
Shareholding
The shareholding of Vapcon Air Systems Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Vapcon Air Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Mar 2004 | 90223526 | Thesaraswat Co-Op. Bank Ltd. | ₹70,000 | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Vapcon Air Systems Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vapcon Air Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vapcon Air Systems Private Limited has 1 active EPFO establishment as of Apr 04, 2024.
GST
Vapcon Air Systems has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Vapcon Air Systems Private Limited, buy the company report.
Recent activity
Vapcon Air Systems Private Limited has 3 board changes on record since 1988: 2 appointments and 1 cessation. The latest: Vishnu Navani Rupchand ceased to be Director on 22 Jun 2016.
Frequently asked questions
Vapcon Air Systems is an active private limited company based in Mumbai, Maharashtra, India. The company works in other services, within the business services industry. It was incorporated on 02 December 1988 (38+ years old) and is registered under CIN U74999MH1988PTC049885.
Vapcon Air Systems has 2 current directors:
- Lachhman Mangharam Ghanshani - Director
- Kamlesh Lachhman Ghanshani - Director
The latest financial statements of Vapcon Air Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Vapcon Air Systems has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Vapcon Air Systems is U74999MH1988PTC049885. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vapcon Air Systems was incorporated on 02 December 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.
Vishnu Navani Rupchand ceased to be Director on 22 Jun 2016. Kamlesh Lachhman Ghanshani was appointed as Director on 02 Dec 1988. Lachhman Mangharam Ghanshani was appointed as Director on 02 Dec 1988.
Vapcon Air Systems can be reached through the website vapcon.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Vapcon Air Systems is at L – 3 Laxmi Industrial Estate New Link Road Andheri West, Mumbai, Maharashtra, India – 400053.
Vapcon Air Systems operates in the business services industry, in the other services segment.

