Vapi Enterprise Limited - Company Profile

Q: Who are the current directors of Vapi Enterprise Limited?

The current directors of Vapi Enterprise Limited are Rajeev Ramanbhai Patel, Manoj Ramanbhai Patel, Himanshu Harish Ruia, Mamta Rajan Gupta, Riddhi Harsh Desai.

It is a financial services public limited company based in Mumbai, Maharashtra, India, established in 1974.

1974 Mumbai, Maharashtra, India Active

Last Updated: December 17, 2025

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About Vapi Enterprise Limited

Vapi Enterprise Limited, a active public limited company, was established on 23 July 1974 in Mumbai, Maharashtra, India. Engaging in real estate financing within the manufacturing sector, it holds CIN: L21010MH1974PLC032457. Registered under ROC Roc Mumbai. it is listed on BSE: 502589. It has an authorized capital of ₹3.20 Cr and a paid-up capital of ₹2.28 Cr.

Formerly known as Vapi Paper Mills Ltd. It upholds a compliant status. In 2023, it reported revenue of ₹3.23 Cr and a net worth of ₹33.46 Cr. Employing 23 professional, Its leadership includes Rajeev Ramanbhai Patel (Whole-Time Director), Manoj Ramanbhai Patel (Managing Director), Himanshu Harish Ruia (Director). Past directors included Laxmiben Jayantibhai Patel, Himanshu Harish Ruia, Prakash Virendra Kotak. It holds ₹1.37 Cr open charges and ₹11.16 Cr settled loans. Its latest AGM occurred on 28 July 2025, with the balance sheet filed on 31 March 2025. It is based at 213 Udyog Mandir2Nd Floor 87-C Pitamber Mahim, Mumbai, Maharashtra, 400016.

Company Details

CIN/LLPIN
L21010MH1974PLC032457
Registration Number
032457
Incorporation Date
23 July 1974
Authorized Capital
₹3.20 Cr
Paid-Up Capital
₹2.28 Cr
ROC Code
Roc Mumbai
Listing Status
Listed (BSE: 502589)
Company Status
Active

Key Metrics

Authorised Capital ₹ 3.20 Cr as on 17-12-2025
Paid Up Capital ₹ 2.28 Cr as on 17-12-2025
Company Age 51 Year, 6 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 1.37 Cr as on 17-12-2025
Satisfied Charges ₹ 11.16 Cr as on 17-12-2025
Revenue Growth **** 27.84% (FY 2023)
Profit Growth **** 14987.03% (FY 2023)
Ebitda **** 52.48% (FY 2023)
Net Worth 764.99% (FY 2023)
Total Assets **** 97.53% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Vapi Enterprise Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Vapi Enterprise Limited?

Current Directors

Name	Designation	Appointment Date	Status
Rajeev Ramanbhai Patel	Whole-Time Director	25 May 2004	Current
Manoj Ramanbhai Patel	Managing Director	14 Aug 1998	Current
Himanshu Harish Ruia	Director	12 Feb 2016	Current
Mamta Rajan Gupta	Director	28 Dec 2023	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	29 Dec 2023	Past
Pramod Abcsdd	Additional Director	30 Sep 2016	Past
Pramod Abcsdd	Company Secretary	14 Nov 2016	Past
Pramod Abcsdd	Additional Director	20 Mar 2024	Past
Pramod Abcsdd	Company Secretary	-	Past

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Financial Performance of Vapi Enterprise.

Vapi Enterprise Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 27.84% increase. The company also saw a substantial improvement in profitability, with a 14987.03% increase in profit. The company's net worth Soared by an impressive increase of 764.99%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

27.84%

*******

Revenue from Operations

*******

0.22%

*******

Total Assets

*******

97.53%

*******

Profit or Loss

*******

14987.03%

*******

Net Worth

*******

764.99%

*******

EBITDA

*******

52.48%

*******

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What is the Ownership and Shareholding Structure of Vapi Enterprise?

In 2023, Vapi Enterprise had a promoter holding of 38.79% and a public holding of 61.21%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹13,700,000.00

Satisfied Charges

₹111,610,000.00

Charges Breakdown by Lending Institutions

Gujarat Industrial Invesatment Corporation Limited : 1.07 Cr
Gujarat Industrail Investmentcorporation Limioted : 0.30 Cr

Latest Charge Details

Date	Lender	Amount	Status
18 Jan 1986	Gujarat Industrial Invesatment Corporation Limited	₹7.70 M	Open
02 Nov 1974	Gujarat Industrial Invesatment Corporation Limited	₹3.00 M	Open
02 Nov 1974	Gujarat Industrail Investmentcorporation Limioted	₹3.00 M	Open
01 Jul 2006	The Zoroastrian Co-Operative Bank Limited	₹1.13 M	Satisfied
08 Feb 2006	The Zoroastrian Co-Op; Bank Ltd.	₹3.00 Cr	Satisfied

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How Many Employees Work at Vapi Enterprise?

Vapi Enterprise has a workforce of 23 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Vapi Enterprise, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Vapi Enterprise's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Vapi Enterprise

Recent Activity within the Organization

Annual General Meeting

Vapi Enterprise Limited last Annual general meeting of members was held on 28 Jul 2025 as per latest MCA records. was recorded as a recent event.
28 Jul 2025
Balance Sheet

The activity Vapi Enterprise Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was completed.
31 Mar 2025
Director Appointment

The activity Riddhi Harsh Desai was appointed as a Company Secretary was appointed as a Company Secretary on 16 Dec 2024 & has been associated with this company since 1 year 2 months . was completed.
16 Dec 2024
Director Appointment

Mamta Rajan Gupta was appointed as a Director was appointed as a Director on 28 Dec 2023 & has been associated with this company since 2 years 1 month . was recorded as a recent event.
28 Dec 2023
Charges

A charge registered on 16 Jun 1995 via Charge ID 90212682 with State Bank Of India was fully satisfied on 20 Feb 2020. was recorded as a recent event.
20 Feb 2020
Charges

Progress on A charge registered on 06 Jun 1995 via Charge ID 90212680 with State Bank Of India was fully satisfied on 20 Feb 2020. was documented.
20 Feb 2020

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