About Vapi Enterprise Limited
Data last updated: 17 December 2025
Vapi Enterprise Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in real estate financing, a part of the broader financial services sector. Incorporated on 23 July 1974, the company has been in operation for over 52 years.
Registered with ROC Mumbai under CIN L21010MH1974PLC032457. Listed on BSE: 502589.
Capital: an authorised share capital of ₹3.2 Cr and a paid-up capital of ₹2.28 Cr. Formerly known as Vapi Paper Mills Ltd. It is led by directors including Rajeev Ramanbhai Patel and Manoj Ramanbhai Patel.
Last AGM: 28 July 2025. Financial statements filed for year ended 31 March 2025. Office: 213 Udyog Mandir2Nd Floor 87 – C Pitamber Mahim, Mumbai, Maharashtra, India – 400016.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.18 Cr, a growth of 4% compared to the previous year.
The company has a workforce of approximately 23 employees as per the latest available data.
The company is associated with 1 brand - Vapi Enterprise. As per MCA filings, the company has open charges of ₹1.37 Cr and satisfied charges of ₹11.16 Cr 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 vapienterprise.com.
-
Email*****@*****.com
-
Telephone+91-****-******
-
Website
-
Social Media**************
-
Registered Address213 Udyog Mandir2Nd Floor 87 – C Pitamber Mahim, Mumbai, Maharashtra, India – 400016
-
IndustryFinancial Services, Real Estate Financing
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Vapi Enterprise Limited
Vapi Enterprise Limited has one previous CIN (Corporate Identification Number): L21010MH1984PLC032457. The current CIN is L21010MH1974PLC032457, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L21010MH1974PLC032457 | Current |
| L21010MH1984PLC032457 | Previous |
Associated Brands with Vapi Enterprise Limited
Vapi Enterprise Limited operates one associated brand: Vapi Enterprise. These brands represent Vapi Enterprise Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Investment management services are provided by Vapi Enterprise since 1974. | vapienterprise.com |
Competitors & Alternatives of Vapi Enterprise Limited
Brands and companies operating in the same space as Vapi Enterprise Limited include Fidelity Investments, UTI Mutual Fund, Goldman Sachs and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Fidelity Investments
|
Provider of brokerage accounts, retirement planning, wealth management, and trading platforms | Boston, United States, United States | 1946 |
UTI Mutual Fund
|
Mutual funds, portfolio management, and retirement planning services are offered. | Mumbai, India, India | 2001 |
Goldman Sachs
|
Investment banking services are delivered across multiple financial sectors. | New York, United States, United States | 1869 |
S&P Global
|
Platform offering business intelligence solutions that combine data and actionable analytics for clients | New York, United States, United States | 1917 |
Sundaram Finance
|
Provider of consumer & SME loans and equipment & vehicle leasing services | Chennai, India, India | 1954 |
Bank of America
|
Commercial banking and asset management services are offered worldwide. | Charlotte, United States, United States | 1904 |
State Street
|
Financial services are provided to asset managers worldwide. | Boston, United States, United States | - |
FIS
|
Software suites for banks and financial institutions are provided. | Jacksonville, United States, United States | 1968 |
Avendus
|
Corporate advisory and investment services are provided to clients. | Mumbai, India, India | 1999 |
360 One
|
Asset and wealth management software is provided for businesses. | Mumbai, India, India | 2008 |
Auditor Details of Vapi Enterprise Limited
Vapi Enterprise Limited is audited by M I Shah And Co (ICAI peer reviewed, certificate valid till 2028-09-30) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| M I Shah And Co (ICAI peer reviewed, certificate valid till 2028-09-30) | FY 2026 | Statement on impact of audit qualification |
Board of Directors of Vapi Enterprise Limited
Vapi Enterprise Limited is currently managed by 5 directors, with 4 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeev Ramanbhai Patel | Whole-Time Director | 25 May 2004 | 22 Years 1 Months | Current |
| Manoj Ramanbhai Patel | Managing Director | 14 Aug 1998 | 27 Years 10 Months | Current |
|
Himanshu Harish Ruia
Also directs:
Future Papers Private Limited
|
Director | 12 Feb 2016 | 10 Years 4 Months | Current |
| Mamta Rajan Gupta | Director | 28 Dec 2023 | 2 Years 6 Months | Current |
Financials of Vapi Enterprise Limited FY 2026 filings available
Vapi Enterprise Limited reported revenue of ₹- (up ) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Revenue from Operations | ₹0 | ₹0 | ₹0 | ₹2.35 Cr | ₹2.37 Cr | ₹2.84 Cr |
| Other Income | ₹2.41 Cr | ₹2.18 Cr | ₹2.09 Cr | ₹87.97 Lakh | ₹16.38 Lakh | ₹1.78 Lakh |
| Total Income | ₹2.41 Cr | ₹2.18 Cr | ₹2.09 Cr | ₹3.23 Cr | ₹2.53 Cr | ₹2.86 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹26.19 Lakh | ₹21.96 Lakh | ₹22.36 Lakh | ₹90.71 Lakh | ₹76.05 Lakh | ₹85.34 Lakh |
| Finance Costs | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Depreciation & Amortisation | ₹17,000 | ₹78,000 | ₹47,000 | ₹13.09 Lakh | ₹17.38 Lakh | ₹18.6 Lakh |
| Other Expenses | ₹18.06 Lakh | ₹19.42 Lakh | ₹44.67 Lakh | ₹77.7 Lakh | ₹1.2 Cr | ₹1.45 Cr |
| Total Expenses | ₹44.42 Lakh | ₹42.16 Lakh | ₹67.5 Lakh | ₹1.82 Cr | ₹2.14 Cr | ₹2.49 Cr |
| Profit Before Exceptional Items & Tax | ₹1.96 Cr | ₹1.76 Cr | ₹1.42 Cr | ₹1.42 Cr | ₹39.33 Lakh | ₹36.92 Lakh |
| Exceptional Items | ₹1.71 Lakh | -₹1.2 Lakh | -₹17.37 Lakh | ₹47.57 Cr | -₹1.17 Lakh | -₹79,000 |
| Profit Before Tax | ₹1.98 Cr | ₹1.75 Cr | ₹1.24 Cr | ₹48.99 Cr | ₹38.16 Lakh | ₹36.13 Lakh |
| Total Tax Expense | ₹48.41 Lakh | ₹43.24 Lakh | ₹41 Lakh | ₹10.5 Cr | ₹12.65 Lakh | ₹5.15 Lakh |
| Net Profit | ₹1.49 Cr | ₹1.32 Cr | ₹83.18 Lakh | ₹38.49 Cr | ₹25.51 Lakh | ₹30.98 Lakh |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | ₹1.49 Cr | ₹1.32 Cr | ₹83.18 Lakh | ₹38.49 Cr | ₹25.51 Lakh | ₹30.98 Lakh |
| EBITDA (computed) | ₹1.96 Cr | ₹1.77 Cr | ₹1.42 Cr | ₹1.55 Cr | ₹56.71 Lakh | ₹55.52 Lakh |
| Basic EPS | ₹6.55 | ₹0.00 | ₹3.65 | ₹168.71 | ₹1.12 | ₹1.36 |
| Diluted EPS | ₹6.55 | ₹0.00 | ₹3.65 | ₹168.71 | ₹1.12 | ₹1.36 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Total Assets | ₹38.25 Cr | ₹36.72 Cr | ₹35.42 Cr | ₹46.51 Cr | ₹23.55 Cr | ₹3.42 Cr |
| Non-current Assets | ₹13.04 Cr | ₹2.17 Cr | ₹2.19 Cr | ₹1.91 Cr | ₹2.33 Cr | ₹2.38 Cr |
| Current Assets | ₹25.2 Cr | ₹34.55 Cr | ₹33.23 Cr | ₹44.6 Cr | ₹21.21 Cr | ₹1.04 Cr |
| Property, Plant & Equipment | ₹39,000 | ₹56,000 | ₹1.35 Lakh | ₹1.21 Cr | ₹1.76 Cr | ₹1.8 Cr |
| Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Trade Receivables | ₹0 | ₹0 | ₹0 | ₹15.03 Lakh | ₹23.45 Lakh | ₹31.57 Lakh |
| Cash & Equivalents | ₹22,000 | ₹12,000 | ₹21,000 | ₹4,000 | ₹29,000 | ₹12,000 |
| Equity (Net Worth) | ₹37.1 Cr | ₹35.61 Cr | ₹34.29 Cr | ₹33.46 Cr | -₹5.03 Cr | -₹5.29 Cr |
| Equity Share Capital | ₹2.28 Cr | ₹2.28 Cr | ₹2.28 Cr | ₹2.28 Cr | ₹2.28 Cr | ₹2.28 Cr |
| Borrowings (Non-current) | ₹47.48 Lakh | ₹47.48 Lakh | ₹47.48 Lakh | ₹47.48 Lakh | ₹7.29 Cr | ₹7.51 Cr |
| Borrowings (Current) | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Debt (computed) | ₹47.48 Lakh | ₹47.48 Lakh | ₹47.48 Lakh | ₹47.48 Lakh | ₹7.29 Cr | ₹7.51 Cr |
| Current Liabilities | ₹0 | ₹59.12 Lakh | ₹60.62 Lakh | ₹12.5 Cr | ₹20.51 Cr | ₹24.41 Lakh |
| Total Liabilities | ₹1.14 Cr | ₹1.12 Cr | ₹1.13 Cr | ₹13.05 Cr | ₹28.58 Cr | ₹8.71 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | -₹6.88 Cr | -₹1.03 Cr | ₹8.89 Cr | ₹7.81 Cr | -₹19.87 Cr |
| Investing Cash Flow | ₹2.32 Cr | ₹2.18 Cr | ₹2.8 Cr | ₹31.35 Cr | ₹20.14 Cr |
| Financing Cash Flow | ₹0 | -₹1.7 Lakh | -₹11.88 Cr | -₹6.82 Cr | -₹22 Lakh |
| Capital Expenditure | ₹0 | ₹0 | ₹0 | ₹0 | ₹14.14 Lakh |
| Free Cash Flow (computed) | -₹6.88 Cr | -₹1.03 Cr | ₹8.89 Cr | ₹7.81 Cr | -₹20.01 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹4.55 Cr | ₹1.14 Cr | -₹19.15 Lakh | ₹32.34 Cr | ₹5.45 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Other Income | ₹62.35 Lakh | ₹56.43 Lakh | ₹1.22 Cr | ₹61.74 Lakh | ₹59.85 Lakh | ₹56.86 Lakh | ₹51.19 Lakh | ₹50.25 Lakh |
| Total Income | ₹62.35 Lakh | ₹56.43 Lakh | ₹1.22 Cr | ₹61.74 Lakh | ₹59.85 Lakh | ₹56.86 Lakh | ₹51.19 Lakh | ₹50.25 Lakh |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹6.5 Lakh | ₹6.49 Lakh | ₹13.21 Lakh | ₹6.5 Lakh | ₹5.75 Lakh | ₹5.3 Lakh | ₹5.8 Lakh | ₹5.11 Lakh |
| Finance Costs | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Depreciation & Amortisation | ₹4,000 | ₹5,000 | ₹8,000 | ₹4,000 | ₹19,000 | ₹20,000 | ₹19,000 | ₹20,000 |
| Other Expenses | ₹3.62 Lakh | ₹4.18 Lakh | ₹10.27 Lakh | ₹3.64 Lakh | ₹4.05 Lakh | ₹2.52 Lakh | ₹7.66 Lakh | ₹5.19 Lakh |
| Total Expenses | ₹10.16 Lakh | ₹10.72 Lakh | ₹23.56 Lakh | ₹10.18 Lakh | ₹9.99 Lakh | ₹8.02 Lakh | ₹13.65 Lakh | ₹10.5 Lakh |
| Profit Before Exceptional Items & Tax | ₹52.19 Lakh | ₹45.71 Lakh | ₹98.23 Lakh | ₹51.56 Lakh | ₹49.86 Lakh | ₹48.84 Lakh | ₹37.54 Lakh | ₹39.75 Lakh |
| Exceptional Items | ₹1.71 Lakh | ₹0 | ₹0 | ₹0 | ₹6,000 | ₹0 | -₹1.26 Lakh | ₹0 |
| Profit Before Tax | ₹53.9 Lakh | ₹45.71 Lakh | ₹98.23 Lakh | ₹51.56 Lakh | ₹49.92 Lakh | ₹48.84 Lakh | ₹36.28 Lakh | ₹39.75 Lakh |
| Total Tax Expense | ₹12.36 Lakh | ₹12.76 Lakh | ₹23.29 Lakh | ₹11.96 Lakh | ₹14.24 Lakh | ₹6.75 Lakh | ₹10.25 Lakh | ₹12 Lakh |
| Net Profit | ₹41.54 Lakh | ₹32.95 Lakh | ₹74.94 Lakh | ₹39.6 Lakh | ₹35.68 Lakh | ₹42.09 Lakh | ₹26.03 Lakh | ₹27.75 Lakh |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | ₹41.54 Lakh | ₹32.95 Lakh | ₹74.94 Lakh | ₹39.6 Lakh | ₹35.68 Lakh | ₹42.09 Lakh | ₹26.03 Lakh | ₹27.75 Lakh |
| EBITDA (computed) | ₹52.23 Lakh | ₹45.76 Lakh | ₹98.31 Lakh | ₹51.6 Lakh | ₹50.05 Lakh | ₹49.04 Lakh | ₹37.73 Lakh | ₹39.95 Lakh |
| Basic EPS | ₹1.82 | ₹1.44 | ₹3.28 | ₹1.74 | ₹0.00 | ₹1.84 | ₹1.14 | ₹1.22 |
| Diluted EPS | ₹1.82 | ₹1.44 | ₹3.28 | ₹1.74 | ₹0.00 | ₹1.84 | ₹1.14 | ₹1.22 |
Shareholding Pattern of Vapi Enterprise Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 38.35%, domestic institutional investors hold 0.01%, retail and other public shareholders hold 61.64% of Vapi Enterprise Limited. The company had 1,303 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 38.35% | 38.79% | 38.79% | 38.79% | 38.79% | 38.79% |
| Public | 61.65% | 61.21% | 61.21% | 61.21% | 61.21% | 61.21% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 38.35% | 38.79% | 38.79% |
| Public | 61.65% | 61.21% | 61.21% |
| Promoter change (YoY, %pts) | -0.44 | +0.00 | - |
Charges & Borrowings of Vapi Enterprise Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Jan 1986 | Gujarat Industrial Invesatment Corporation Limited | ₹77 Lakh | Open |
| 02 Nov 1974 | Gujarat Industrial Invesatment Corporation Limited | ₹30 Lakh | Open |
| 02 Nov 1974 | Gujarat Industrail Investmentcorporation Limioted | ₹30 Lakh | Open |
| 01 Jul 2006 | The Zoroastrian Co-Operative Bank Limited | ₹11.25 Lakh | Satisfied |
| 08 Feb 2006 | The Zoroastrian Co-Op; Bank Ltd. | ₹3 Cr | Satisfied |
Total charge records: 15 View all charges
Employees and EPFO Compliance at Vapi Enterprise Limited
Vapi Enterprise Limited has a workforce of 23 employees as of Apr 06, 2024.
Employee Count & EPFO Data of Vapi Enterprise Limited
Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.
GST Compliance of Vapi Enterprise Limited
GSTIN & GST Filing Data of Vapi Enterprise Limited
Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.
Credit Ratings, Litigation & Regulatory Alerts for Vapi Enterprise Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Vapi Enterprise Limited
Access complete credit rating history, litigation records, regulatory alerts, and compliance data.
MSME Payment Delays by Vapi Enterprise Limited
MSME Payment Delays by Vapi Enterprise Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Vapi Enterprise Limited
Subsidiaries & Group Companies of Vapi Enterprise Limited
See the full corporate group - holding company, subsidiaries, associates and joint ventures of Vapi Enterprise Limited with ownership details.
MCA Filings & Documents of Vapi Enterprise Limited
MCA Filings & Documents of Vapi Enterprise Limited
Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.
Recent Activity on Vapi Enterprise Limited
Frequently Asked Questions about Vapi Enterprise Limited
Vapi Enterprise Limited is an active public limited company in the financial services sector based in Mumbai, Maharashtra, India. It was incorporated on 23 July 1974 (52+ years old) and is registered under CIN L21010MH1974PLC032457. Listed on BSE: 502589. The company has 23 employees.
Vapi Enterprise Limited reported revenue of ₹2.18 Cr for FY 2025 (up 4.00% YoY).
The current directors of Vapi Enterprise Limited are:
- Rajeev Ramanbhai Patel
- Priyanka Mohansingh Kunwar
- Manoj Ramanbhai Patel
- Himanshu Harish Ruia
- Mamta Rajan Gupta
The primary industry of Vapi Enterprise Limited is financial services. The company specifically operates in real estate financing. The company is currently active in this sector.
Yes. Vapi Enterprise Limited is listed on BSE with code 502589.
Vapi Enterprise Limited can be reached at the registered office: 213 Udyog Mandir2Nd Floor 87 – C Pitamber Mahim, Mumbai, Maharashtra, India – 400016, or through the website vapienterprise.com.