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 of Vapi Commercial Enterprises Private Limited
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 of Vapi Commercial Enterprises Private Limited
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 of Vapi Commercial Enterprises Private Limited
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
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressA 1109 Sonorous Building, Opp Circuit House, Pardi, Gujarat, India – 396191
- IndustryManufacturing, Paper & Packaging Products
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
- One PDF report, delivered after checkout
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business Activity of Vapi Commercial Enterprises Private Limited
The main business activity of Vapi Commercial Enterprises is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Premium access
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 Vapi Commercial Enterprises Private Limited FY 2025 filings available
Vapi 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) of Vapi Commercial Enterprises Private Limited
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 of Vapi Commercial Enterprises 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 | ₹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 | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Vapi Commercial Enterprises Private Limited
| 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) | •••• | •••• | •••• | •••• | •••• |
| 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 Vapi Commercial Enterprises are in the company report.
Premium access
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.
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 |
Peer Comparison of Vapi Commercial Enterprises Private Limited
Vapi Commercial Enterprises Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Paper). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rolia Tissues Private Limited | ₹1.39 Cr (FY 2021) | •••• | •••• | -40.0% | •••• | New Delhi, Delhi, India |
| Faridabad Paper Mills Private Limited | ₹1.39 Cr (FY 2025) | •••• | •••• | -44.0% | •••• | New Delhi, Delhi, India |
| Bikada Forms Pvt. Ltd. | ₹1.38 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Kolkata, West Bengal, India |
| Sashwath Paper Mills Private Limited | ₹1.38 Cr (FY 2025) | •••• | •••• | 1691.0% | •••• | Coimbatore, Tamil Nadu, India |
| Siddh Paper Distributors Private Limited | ₹1.38 Cr (FY 2025) | •••• | •••• | -21.0% | •••• | Lucknow, Uttar Pradesh, India |
| Vapi Commercial Enterprises Private Limited this company | ₹1.37 Cr (FY 2025) | •••• | •••• | -66.0% | •••• | Pardi, Gujarat, India |
| Excel Paper Core and Tube Private Limited | ₹1.36 Cr (FY 2017) | •••• | •••• | 5.0% | •••• | Mumbai, Maharashtra, India |
| Kartikeya Paper Distributor Private Limited | ₹1.36 Cr (FY 2025) | •••• | •••• | -80.0% | •••• | Lucknow, Uttar Pradesh, India |
| Alisha Paper Products Private Limited | ₹1.35 Cr (FY 2025) | •••• | •••• | 101.0% | •••• | Delhi, India |
| Anjana Polymers India Private Limited | ₹1.33 Cr (FY 2019) | •••• | •••• | -63.0% | •••• | Gurgaon, Haryana, India |
| U P Paper Corporation Private Limited | ₹1.33 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Vapi Commercial Enterprises by revenue in the Manufacturing industry (Paper), 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 Vapi Commercial Enterprises Private Limited
Vapi Commercial Enterprises Private Limited is audited by D. D. DESAI & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| D. D. DESAI & ASSOCIATES | Locked | Locked | Locked |
Premium access
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.
Ownership and Shareholding of Vapi Commercial Enterprises Private Limited
Premium access
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 Vapi Commercial Enterprises Private Limited
Open charges
₹4 Cr
Satisfied charges
₹45.14 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Jul 2023 | Others | ₹4 Cr | Open |
| 25 Aug 2020 | Others | ₹2.61 Cr | Satisfied |
| 25 Aug 2020 | Others | ₹4.21 Cr | Satisfied |
| 27 Feb 2020 | Others | ₹33.95 Lakh | Satisfied |
| 12 Sep 2019 | Others | ₹13.5 Cr | Satisfied |
Total charge records: 17 View all charges
Legal Cases of Vapi Commercial Enterprises Private Limited
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. Status as checked between 29 Sep 2026 and 01 Oct 2026.
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 of Gujarat | Special civil application | Filed by the company against an individual | Disposed |
| High Court of Gujarat | Court case (SCR.A) | Filed by the company against Gujarat Pollution Control Board | Disposed |
Premium access
Full case history
All 3 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 Vapi Commercial Enterprises Private Limited
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 | •••• | •••• | •••• |
Premium access
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 Vapi Commercial Enterprises Private Limited
Employment history and EPFO contributions of people linked to Vapi Commercial Enterprises.
Premium access
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.
Group Structure of Vapi Commercial Enterprises Private Limited
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 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Vapi Commercial Enterprises Private Limited
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 listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Vapi Commercial Enterprises Private Limited
Premium access
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 Vapi Commercial Enterprises Private Limited
Premium access
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 Vapi Commercial Enterprises Private Limited
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 |
Premium access
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 Vapi Commercial Enterprises Private Limited
Premium access
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 Vapi Commercial Enterprises Private Limited
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 reported revenue of ₹1.37 Cr for FY 2025 (down 66% YoY).
Vapi Commercial Enterprises has 3 current directors:
- Ashokkumar Harakhchand Shah - Whole-Time Director
- Banjul Ashok Shah - Director
- Rajendrakumar Kantibhai Parmar - Director
Vapi Commercial Enterprises reported a net loss of ₹9.84 Lakh (net margin -7.2%) and EBITDA of ₹1.88 Lakh (EBITDA margin 1.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Vapi Commercial Enterprises is -12% over three years. In the latest year (FY 2025) revenue fell 66%. CAGR is the steady yearly rate that links the first and the last year.
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.
The peers of Vapi Commercial Enterprises by revenue are Rolia Tissues Private Limited, Faridabad Paper Mills Private Limited, Bikada Forms Pvt. Ltd, Sashwath Paper Mills Private Limited, Siddh Paper Distributors Private Limited and 5 more, all in the Manufacturing industry (Paper).
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).