
Vishal Air Products Private Limited
About Vishal Air Products Private Limited
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Vishal Air Products Private Limited is a private limited company based in Gwalior, Madhya Pradesh, India. It operates in the manufacturing segment of the oil and gas sector. It was incorporated on 19 January 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U24111MP2000PTC013973. Its GSTIN is 23AABCV7375B1ZI (Madhya Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.9 Lakh. It is led by directors Darshan Lal Gupta and Rakesh Gupta.
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 Padma Bhawan Bhaskar Lane Jayendra Ganj, Gwalior, Madhya Pradesh, India.
As per the financials filed for FY 2023, the company reported a revenue of ₹5.02 Lakh, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹6.6 Lakh (net margin -131.6%) and EBITDA of -₹4.11 Lakh (EBITDA margin -81.8%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 40% over five years.
As per MCA filings, the company has open charges of ₹30 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Vishal Air Products Private Limited's registered office is in Gwalior, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPadma Bhawan Bhaskar Lane Jayendra Ganj, Gwalior, Madhya Pradesh, India
- IndustryOil & Gas, Manufacturing, Gas, Distribution Of Gaseous
To see the full contact details of Vishal Air Products Private Limited, buy the company report.
- 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
Business activity
The main business activity of Vishal Air Products is electricity, gas, steam and air condition supply. In detail, this covers manufacture of gas, distribution of gaseous fuels.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D2 | Manufacture of gas, distribution of gaseous fuels |
To see the full business activity and turnover split of Vishal Air Products Private Limited, buy the company report.
Financials of Vishal Air Products Private Limited
FY 2025 filings availableVishal Air Products Private Limited reported revenue of ₹5.02 Lakh (down 15% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 40% over five years, including a 15% fall in the latest year. EBITDA fell 306% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹4.11 Lakh | ||||
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| Net Profit (PAT) | -₹6.6 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | -81.8% | ||||
| Net Profit Margin | -131.6% | ||||
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To see the full financial statements and ratios of Vishal Air Products Private Limited, buy the company report.
Board of directors of Vishal Air Products Private Limited
Vishal Air Products has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Darshan Lal Gupta | Director | 19 Jan 2000 | 26 Years 9 Months | Current |
| Rakesh Gupta | Director | 16 Jun 2001 | 25 Years 4 Months | Current |
Peer comparison
Vishal Air Products Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (manufacture of gas, distribution of gaseous fuels), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Indore Gases (India) Limited | ₹5.57 Lakh (FY 2024) | 3.0% | Tirla, Madhya Pradesh, India | |||
| Natcap Energy Private Limited | ₹5.49 Lakh (FY 2025) | 151.0% | New Delhi, Delhi, India | |||
| Udaipur Urja Initiatives Producer Company Limited | ₹5.25 Lakh (FY 2024) | -47.0% | Udaipur, Rajasthan, India | |||
| Sri Lakshmi Venkateswara Green Crops Power Projects Private Limited | ₹5.09 Lakh (FY 2023) | -56.0% | Mydukur, Andhra Pradesh, India | |||
| Sunastro Technologies Private Limited | ₹5.04 Lakh (FY 2021) | 145.0% | Malappuram, Kerala, India | |||
| Vishal Air Products Private Limitedthis company | ₹5.02 Lakh (FY 2023) | -₹6.6 Lakh | -131.6% | -15.0% | Gwalior, Madhya Pradesh, India | |
| Shreekant Agro Fuels Private Limited | ₹5 Lakh (FY 2018) | Karad, Maharashtra, India | ||||
| Jalgaon Gas Agency Private Limited | ₹4.81 Lakh (FY 2020) | -61.0% | Jalgaon, Maharashtra, India | |||
| Lakshmi Acetylene Pvt Ltd | ₹4.5 Lakh (FY 2025) | 20.0% | Aluva, Kerala, India | |||
| Unique Hybrid Renewables Energy Private Limited | ₹4.48 Lakh (FY 2025) | Nashik, Maharashtra, India | ||||
| Pooja Petrochemicals Private Limited | ₹4.38 Lakh (FY 2022) | Thane, Maharashtra, India |
To see the full peer comparison of Vishal Air Products Private Limited, buy the company report.
Auditor
Vishal Air Products Private Limited is audited by Krishna Gupta & Co. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Krishna Gupta & Co. | FY 2017 | 000368C |
Shareholding
The shareholding of Vishal Air Products Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Vishal Air Products Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Dec 2007 | 10083382 | Central Bank of India | ₹30 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Vishal Air Products Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vishal Air Products Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vishal Air Products has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AABCV7375B1ZI | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vishal Air Products Private Limited, buy the company report.
Recent activity
Vishal Air Products Private Limited has 3 board changes on record since 2000: 2 appointments and 1 cessation. The latest: Sanjay Gupta ceased to be Director on 28 Jun 2014.
Frequently asked questions
Vishal Air Products is an active private limited company based in Gwalior, Madhya Pradesh, India. The company works in manufacturing, within the oil and gas industry. It was incorporated on 19 January 2000 (26+ years old) and is registered under CIN U24111MP2000PTC013973.
Vishal Air Products has 2 current directors:
- Darshan Lal Gupta - Director
- Rakesh Gupta - Director
The latest financial statements of Vishal Air Products 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 Vishal Air Products is 23AABCV7375B1ZI, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Vishal Air Products is U24111MP2000PTC013973. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vishal Air Products was incorporated on 19 January 2000, making it 26+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Vishal Air Products by revenue are Indore Gases (India) Limited, Natcap Energy Private Limited, Udaipur Urja Initiatives Producer Company Limited, Sri Lakshmi Venkateswara Green Crops Power Projects Private Limited, Sunastro Technologies Private Limited and 5 more, all in the same principal business activity (manufacture of gas, distribution of gaseous fuels).
Sanjay Gupta ceased to be Director on 28 Jun 2014. Rakesh Gupta was appointed as Director on 16 Jun 2001. Darshan Lal Gupta was appointed as Director on 19 Jan 2000.
The registered office of Vishal Air Products is at Padma Bhawan Bhaskar Lane Jayendra Ganj, Gwalior, Madhya Pradesh, India.
Vishal Air Products operates in the oil and gas industry, in the manufacturing segment.
Vishal Air Products has open charges of ₹30 Lakh and no satisfied charges on record as per latest MCA filings.

