MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-25-0001518
Vapi Commercial Enterprises Private Limited - manufacturing in Pardi, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.37 Cr
▼ 66% YoY
Net loss · FY 2025
₹9.84 Lakh
Net margin -7.2%
EBITDA · FY 2025
₹1.88 Lakh
EBITDA margin 1.4%
Authorised capital
₹40 Lakh
Registered with MCA
Paid-up capital
₹23 Lakh
Issued & subscribed
Open charges
₹4 Cr
Satisfied ₹45.14 Cr
Company age
45 yrs
Est. 1981
Employees · EPFO
11
Provident fund records
About Vapi Commercial Enterprises Private Limited
Data last updated:
Vapi Commercial Enterprises Private Limited is a private limited company based in Pardi, Gujarat, India. It operates in the paper and packaging products segment of the manufacturing sector. It was incorporated on 13 May 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17010GJ1981PTC143798. Its GSTIN is 24AAACD1549A1ZD (Gujarat).
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹23 Lakh. It was formerly known as Messrs Haria Paper Mills Pvt Ltd and Haria Paper Mills Pvt Ltd. It is led by directors including Ashokkumar Harakhchand Shah (Whole-Time Director) and Banjul Ashok Shah.
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 Pardi, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.37 Cr, a decline of 66% compared to the previous year. For the same year it recorded a net loss of ₹9.84 Lakh (net margin -7.2%) and EBITDA of ₹1.88 Lakh (EBITDA margin 1.4%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years.
The company has about 11 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹4 Cr and satisfied charges of ₹45.14 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
Vapi Commercial Enterprises Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-25-0001518). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website damanganga.com.
Company details
CIN U17010GJ1981PTC143798
Registration Number 143798
Incorporation Date 13 May 1981
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-25-0001518
Name history
Vapi Commercial Enterprises has undergone 3 name changes throughout its history. The company was previously known as Messrs Haria Paper Mills Pvt Ltd, Haria Paper Mills Pvt Ltd, and Vapi Commercial Enterprises Private Limited. The current legal name is Vapi Commercial Enterprises Private Limited.
| Company Name | Status |
|---|---|
| Vapi Commercial Enterprises Private Limited | Current |
| Messrs Haria Paper Mills Pvt Ltd | Previous |
| Haria Paper Mills Pvt Ltd | Previous |
CIN history
Vapi Commercial Enterprises has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U17010GJ1981PTC143798, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17010GJ1981PTC143798 | Current |
| U21010MH1981PTC024405 | Previous |
| U21010GJ1981PTC143798 | Previous |
Key People
Ashokkumar Harakhchand Shah Whole-Time Director Banjul Ashok Shah Director Rajendrakumar Kantibhai Parmar Director Recognitions & Rankings of Vapi Commercial Enterprises
Contact details
Vapi Commercial Enterprises Private Limited's registered office is in Pardi, Gujarat. Its website is damanganga.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA 1109 Sonorous Building, Opp Circuit House, Pardi, Gujarat, India – 396191
- IndustryManufacturing, Paper & Packaging Products
To see the full contact details of Vapi Commercial Enterprises Private Limited, buy the company report.
Comprehensive company report
Vapi Commercial Enterprises Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Vapi Commercial Enterprises is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Vapi Commercial Enterprises Private Limited, buy the company report.
Financials of Vapi Commercial Enterprises Private Limited
FY 2025 filings availableVapi Commercial Enterprises Private Limited reported revenue of ₹1.37 Cr (down 66% YoY) for FY 2025.
Revenue · FY 2025
₹1.37 Cr ▼ 66%
Net loss · FY 2025
₹9.84 Lakh margin -7.2%
EBITDA · FY 2025
₹1.88 Lakh margin 1.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 66%
3 years · compounded
▼ 12%
EBITDA CAGR growth
1 year
▼ 97%
3 years · compounded
▼ 75%
5 years · compounded
▼ 50%
Revenue has declined at a compounded annual rate (CAGR) of 12% over three years, including a 66% fall in the latest year. EBITDA fell 97% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.88 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹9.84 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.4% | ||||
| Net Profit Margin | -7.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Vapi Commercial Enterprises Private Limited, buy the company report.
Board of directors of Vapi Commercial Enterprises Private Limited
Vapi Commercial Enterprises has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Banjul Ashok Shah Also directs: Vapi Pharmaceuticals LLP, Lakshachandi & Associates LLP, Variflex Packaging Solutions LLP and 3 more | Director | 01 Apr 2009 | 17 Years 6 Months | Current |
| Ashokkumar Harakhchand Shah Also directs: Vapi Pharmaceuticals LLP | Whole-Time Director | 13 May 1981 | 45 Years 5 Months | Current |
| Rajendrakumar Kantibhai Parmar Also directs: Vapi Pharmaceuticals LLP, Vapi Organic Chemicals Private Limited | Director | 04 Feb 2025 | 1 Years 8 Months | Current |
Auditor
Vapi Commercial Enterprises Private Limited is audited by D. D. DESAI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D. D. DESAI & ASSOCIATES | FY 2023 | 102297W |
Shareholding
The shareholding of Vapi Commercial Enterprises Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vapi Commercial Enterprises Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4 Cr
Satisfied charges
₹45.14 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jul 2023 | 100747632 | Others | ₹4 Cr | Open | |
| 25 Aug 2020 | 100365376 | Others | ₹2.61 Cr | Satisfied | |
| 25 Aug 2020 | 100465046 | Others | ₹4.21 Cr | Satisfied | |
| 27 Feb 2020 | 100356103 | Others | ₹33.95 Lakh | Satisfied | |
| 12 Sep 2019 | 100289441 | Others | ₹13.5 Cr | Satisfied |
To see the full charge records of Vapi Commercial Enterprises Private Limited, buy the company report.
Total charge records: 17 View all charges
Legal cases
Vapi Commercial Enterprises Private Limited has 3 court cases on record: 2 filed by Vapi Commercial Enterprises, 1 filed against it. All cases are disposed.
Total cases
3
Filed by the company
2
Filed against the company
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Tax appeal | Filed against the company by Commissioner of Income Tax City-9, Mumbai | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against individuals | Disposed |
| High Court, GUJARAT | Court case (SCR.A) | Filed by the company against Gujarat Pollution Control Board | Disposed |
To see the full case history of Vapi Commercial Enterprises 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.
MSME payment delays
Vapi Commercial Enterprises Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 15 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Nisa Industrial Services Private Limited |
To see the full MSME payment records of Vapi Commercial Enterprises Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Vapi Commercial Enterprises has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Daman Ganga Board Mills Private Limited | U01110MH1974PTC017798 |
To see the full group structure of Vapi Commercial Enterprises Private Limited, buy the company report.
GST
Vapi Commercial Enterprises has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACD1549A1ZD | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vapi Commercial Enterprises Private Limited, buy the company report.
Recent activity
Vapi Commercial Enterprises Private Limited has 7 board changes on record since 1981: 3 appointments and 4 cessations. The latest: Priyesh Prakash Shah ceased to be Director on 12 Mar 2025.
AGM
Vapi Commercial Enterprises Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 25 Aug 2020 via Charge ID 100465046 with Others was fully satisfied on 12 Aug 2025.
Filing
Vapi Commercial Enterprises Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Priyesh Prakash Shah ceased to be Director.
Appointed
Rajendrakumar Kantibhai Parmar was appointed as Director.
Charges
A charge with Others amounted to Rs. 400.00 Lakh with Charge ID 100747632 was registered on 11 Jul 2023.
Charges
A charge registered on 25 Aug 2020 via Charge ID 100365376 with Others was fully satisfied on 05 May 2023.
Charges
A charge registered on 12 Sep 2019 via Charge ID 100289441 with Others was fully satisfied on 05 May 2023.
Charges
A charge registered on 27 Feb 2020 via Charge ID 100356103 with Others was fully satisfied on 01 Mar 2023.
Ceased
Jitendra Lalji Shah ceased to be Director.
Charges
A charge with Others of Rs. 261.00 Lakh registered on 25 Aug 2020 with Charge ID 100365376 was modified on 08 Jul 2022.
Charges
A charge with Others of Rs. 421.00 Lakh registered on 25 Aug 2020 with Charge ID 100465046 was modified on 08 Jul 2022.
35 earlier events are in the company report.
Frequently asked questions
Vapi Commercial Enterprises is an active private limited company based in Pardi, Gujarat, India. The company works in paper and packaging products, within the manufacturing industry. It was incorporated on 13 May 1981 (45+ years old) and is registered under CIN U17010GJ1981PTC143798.
Vapi Commercial Enterprises has 3 current directors:
- Ashokkumar Harakhchand Shah - Whole-Time Director
- Banjul Ashok Shah - Director
- Rajendrakumar Kantibhai Parmar - Director
The latest financial statements of Vapi Commercial Enterprises 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.
The GSTIN of Vapi Commercial Enterprises is 24AAACD1549A1ZD, registered in Gujarat.
The CIN (Corporate Identification Number) of Vapi Commercial Enterprises is U17010GJ1981PTC143798. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vapi Commercial Enterprises has 3 court cases on record: 2 filed by the company and 1 filed against it.
Vapi Commercial Enterprises was incorporated on 13 May 1981, making it 45+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Priyesh Prakash Shah ceased to be Director on 12 Mar 2025. Rajendrakumar Kantibhai Parmar was appointed as Director on 04 Feb 2025. Jitendra Lalji Shah ceased to be Director on 01 Sep 2022. Vapi Commercial Enterprises has 7 board changes on record in total.
Yes, Vapi Commercial Enterprises is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-25-0001518).
Vapi Commercial Enterprises has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 15 overdue payments to 1 micro and small supplier. The latest return was filed on 20 Nov 2019.
Vapi Commercial Enterprises can be reached through the website damanganga.com. Its registered office is in Pardi, Gujarat, India.