MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-25-0001382
Vapi Products Industries Private Limited - chemicals and materials in Vapi, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹65.63 Cr
▲ 25% YoY
Net profit · FY 2025
₹5.33 Cr
Net margin 8.1%
EBITDA · FY 2025
₹9.52 Cr
EBITDA margin 14.5%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹90 Lakh
Issued & subscribed
Open charges
₹25.06 Cr
Satisfied ₹26.95 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
19
Provident fund records
About Vapi Products Industries Private Limited
Data last updated:
Vapi Products Industries Private Limited is a private limited company based in Vapi, Gujarat, India. It operates in the dyes and pigments segment of the chemicals and materials sector. It was incorporated on 09 September 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24230GJ2005PTC048932. Its GSTIN is 24AACCV1112H1ZW (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹90 Lakh. It is led by directors including Hemant Manharlal Shah (Managing Director) and Siddharth Hemant Shah (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at C/O Kirti Chemicals Opp.A.K Bhavsar Petrol Pump Silvassa Road Near Dena Bank, Vapi, Gujarat, India – 396191.
As per the financials filed for FY 2025, the company reported a revenue of ₹65.63 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹5.33 Cr (net margin 8.1%) and EBITDA of ₹9.52 Cr (EBITDA margin 14.5%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 23% over five years.
The company has about 19 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹25.06 Cr and satisfied charges of ₹26.95 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Vapi Products Industries Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-25-0001382). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vapiproducts.com.
Company details
CIN U24230GJ2005PTC048932
Registration Number 048932
Incorporation Date 09 September 2005
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-25-0001382
CIN history
Vapi Products Industries has one previous CIN (Corporate Identification Number): U24230MH2005PTC155972. The current CIN is U24230GJ2005PTC048932, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24230GJ2005PTC048932 | Current |
| U24230MH2005PTC155972 | Previous |
Key People
Hemant Manharlal Shah Managing Director Siddharth Hemant Shah Whole-Time Director Parul Hemant Shah Whole-Time Director Recognitions & Rankings of Vapi Products Industries
Contact details
Vapi Products Industries Private Limited's registered office is in Vapi, Gujarat. Its website is vapiproducts.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressC/O Kirti Chemicals Opp.A.K Bhavsar Petrol Pump Silvassa Road Near Dena Bank, Vapi, Gujarat, India – 396191
- IndustryChemicals and Materials, Dyes & Pigments, Colorants
To see the full contact details of Vapi Products Industries Private Limited, buy the company report.
Comprehensive company report
Vapi Products Industries 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 Products Industries is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Vapi Products Industries Private Limited, buy the company report.
Financials of Vapi Products Industries Private Limited
FY 2024 filings availableVapi Products Industries Private Limited reported revenue of ₹65.63 Cr (up 25% YoY) for FY 2025.
Revenue · FY 2025
₹65.63 Cr ▲ 25%
Net profit · FY 2025
₹5.33 Cr margin 8.1%
EBITDA · FY 2025
₹9.52 Cr margin 14.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 25%
3 years · compounded
▲ 17%
5 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▲ 33%
3 years · compounded
▲ 43%
5 years · compounded
▲ 28%
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 25% growth in the latest year. EBITDA rose 33% 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 | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹9.52 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.33 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| 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 | 14.5% | ||||
| Net Profit Margin | 8.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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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 Products Industries Private Limited, buy the company report.
Board of directors of Vapi Products Industries Private Limited
Vapi Products Industries has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siddharth Hemant Shah Also directs: Salabis Specialities Private Limited | Whole-Time Director | 09 Sep 2005 | 21 Years 1 Months | Current |
| Parul Hemant Shah | Whole-Time Director | 09 Sep 2005 | 21 Years 1 Months | Current |
| Hemant Manharlal Shah | Managing Director | 09 Sep 2005 | 21 Years 1 Months | Current |
Peer comparison
Vapi Products Industries Private Limited is compared with the 6 companies closest to it by revenue in the Chemicals industry (Dyes and Pigments), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chemistar Intermediates Private Limited | ₹68.37 Cr (FY 2025) | 12.0% | Ahmedabad, Gujarat, India | |||
| Aries Organics Private Limited | ₹67.69 Cr (FY 2025) | 1.0% | Ahmedabad, Gujarat, India | |||
| Aaditya Dyechem Private Limited | ₹66.05 Cr (FY 2024) | 5.0% | Ahmedabad, Gujarat, India | |||
| Vapi Products Industries Private Limitedthis company | ₹65.63 Cr (FY 2025) | ₹5.33 Cr | 8.1% | 25.0% | 19 | Vapi, Gujarat, India |
| Prasad International Private Limited | ₹64.48 Cr (FY 2023) | -15.0% | Ahmedabad, Gujarat, India | |||
| Zenith Dyeintermediates Limited | ₹63.4 Cr (FY 2025) | 21.0% | Mumbai, Maharashtra, India | |||
| Sohan Industries Private Limited | ₹63.27 Cr (FY 2024) | -18.0% | Thane, Maharashtra, India |
To see the full peer comparison of Vapi Products Industries Private Limited, buy the company report.
Auditor
Vapi Products Industries Private Limited is audited by KAKARIA & ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KAKARIA & ASSOCIATES LLP | FY 2023 | 104558W |
Shareholding
The shareholding of Vapi Products Industries 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 Products Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹25.06 Cr
Satisfied charges
₹26.95 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jan 2024 | 100904135 | Others | ₹16 Lakh | Open | |
| 19 Jan 2022 | 100533926 | Others | ₹9.95 Cr | Open | |
| 31 May 2019 | 100265998 | Others | ₹14.95 Cr | Open | |
| 19 Aug 2021 | 100477481 | Others | ₹1 Cr | Satisfied | |
| 14 Feb 2018 | 100165804 | Others | ₹6.56 Lakh | Satisfied |
To see the full charge records of Vapi Products Industries Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Vapi Products Industries Private Limited has 1 court case on record: 1 filed by Vapi Products Industries. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against Union of India and 2 others | Disposed |
To see the full case history of Vapi Products Industries 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 Products Industries Private Limited has 5 MSME Form 1 returns on record between 2019 and 2023, listing 136 overdue payments to 28 micro and small suppliers. 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 (5 of 28)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Spectra Specialities | |||
| an individual supplier | |||
| an individual supplier | |||
| Jaysons Chemical Industries | |||
| Vin Plasticizers Private Limited |
To see the full MSME payment records of Vapi Products Industries Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Vapi Products Industries 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 |
|---|---|---|
| Salabis Specialities Private Limited | U24100GJ2011PTC066870 |
To see the full group structure of Vapi Products Industries Private Limited, buy the company report.
Employees & EPFO
Vapi Products Industries Private Limited has a workforce of 19 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
Employee count
19
Active EPFO establishments
1
Employee growth
46.15%
GST
Vapi Products Industries has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCV1112H1ZW | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vapi Products Industries Private Limited, buy the company report.
Recent activity
Vapi Products Industries Private Limited has 5 board changes on record since 2005: 3 appointments and 2 cessations. The latest: Parul Hemant Shah ceased to be Director on 01 Jan 2009.
Charges
A charge registered on 19 Aug 2021 via Charge ID 100477481 with Others was fully satisfied on 28 Nov 2024.
AGM
Vapi Products Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Vapi Products Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 0.16 Cr with Charge ID 100904135 was registered on 29 Jan 2024.
Charges
A charge with Others of Rs. 14.95 Cr registered on 31 May 2019 with Charge ID 100265998 was modified on 30 Dec 2022.
Charges
A charge with Others amounted to Rs. 9.95 Cr with Charge ID 100533926 was registered on 19 Jan 2022.
Charges
A charge registered on 14 Feb 2018 via Charge ID 100165804 with Others was fully satisfied on 05 Oct 2021.
Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100477481 was registered on 19 Aug 2021.
Charges
A charge registered on 24 Feb 2016 via Charge ID 10627833 with Others was fully satisfied on 23 Jul 2019.
Charges
A charge with Others amounted to Rs. 14.95 Cr with Charge ID 100265998 was registered on 31 May 2019.
Charges
A charge registered on 27 Nov 2015 via Charge ID 100110284 with Hdfc Bank Limited was fully satisfied on 18 Feb 2019.
Charges
A charge with Others amounted to Rs. 0.07 Cr with Charge ID 100165804 was registered on 14 Feb 2018.
13 earlier events are in the company report.
Frequently asked questions
Vapi Products Industries is an active private limited company based in Vapi, Gujarat, India. The company works in dyes and pigments, within the chemicals and materials industry. It was incorporated on 09 September 2005 (21+ years old) and is registered under CIN U24230GJ2005PTC048932.
Vapi Products Industries has 3 current directors:
- Hemant Manharlal Shah - Managing Director
- Siddharth Hemant Shah - Whole-Time Director
- Parul Hemant Shah - Whole-Time Director
The latest financial statements of Vapi Products Industries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Vapi Products Industries is 24AACCV1112H1ZW, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Vapi Products Industries is U24230GJ2005PTC048932. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vapi Products Industries has 1 court case on record: 1 filed by the company.
Vapi Products Industries was incorporated on 09 September 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Vapi Products Industries by revenue are Chemistar Intermediates Private Limited, Aries Organics Private Limited, Aaditya Dyechem Private Limited, Prasad International Private Limited, Zenith Dyeintermediates Limited and 1 more, all in the Chemicals industry (Dyes and Pigments), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Parul Hemant Shah ceased to be Director on 01 Jan 2009. Siddharth Hemant Shah ceased to be Director on 01 Jan 2009. Hemant Manharlal Shah was appointed as Managing Director on 09 Sep 2005. Vapi Products Industries has 5 board changes on record in total.
Yes, Vapi Products Industries is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-25-0001382).
Vapi Products Industries has 5 MSME Form 1 returns on record between 2019 and 2023, listing 136 overdue payments to 28 micro and small suppliers. The latest return was filed on 29 Aug 2023.
Vapi Products Industries can be reached through the website vapiproducts.com. Its registered office is in Vapi, Gujarat, India.