Vapi Pigments Private Limited - Due diligence report

A 360° intelligence report on Vapi Pigments Private Limited: trust score, financial health, credit view, compliance, directors, growth and d…

2009-04-09 Vapi, Gujarat Active Unlisted Active Compliant
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VP Vapi Pigments Private Limited

Vapi Pigments Private Limited — 360° Intelligence Report

Generated from MCA filings & public records
88/100
Trust Score
Low Risk

Vapi Pigments Private Limited is assessed as Low Risk with a Trust Score of 88/100. Vapi Pigments Private Limited is an active private limited indian non-government company incorporated in 2009, operating in the Chemicals and Materials sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and low financial risk profile.

Report generated on 13 Jun 2026 from the latest processed filings. Vapi Pigments Private Limited snapshot & full profile →

Financial Health › Strong
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreLow Risk
88/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
100/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
95/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreLow Risk
90/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreCaution Indicated
40/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
70/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
90/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

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Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 90/100 Low Risk
  • Liabilities ≈ 38% EBITDA - serviceable.
  • Open charges exceed net worth - secured lenders rank ahead.
  • Moderate gearing (D/E 1.42).
  • Working-capital cover adequate.
  • Profitable - internal accruals available.
  • Externally credit-rated (BB-).

Charges position: 4 open (33.08 cr) · 3 satisfied (9.88 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Others2 48.0 cr
Punjab National Bank3 48.0 cr
Axis Bank Limited1 48.0 cr
Bank Of Baroda1 48.0 cr
Compliance Score: 100/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • 1 active GST registration(s).
05

Director Intelligence

Stability score: 40/100
NameDIN / PANDesignationAppointedTenureDIN status
POORANSINGH VIJAYSINGH RATHOD 01234567 Director 01/04/2018 6 yrs Approved
ISHWARLAL MAGANLAL PATEL 01234567 Director 01/04/2018 6 yrs Approved
Venkatesh Krishnahari Dyavanpalli 01234567 Director 01/04/2018 6 yrs Approved
Lichhman Ram 01234567 Director 01/04/2018 6 yrs Approved
  • 4 directors on the board.
  • ISHWARLAL MAGANLAL PATEL has DIN status "Deactivated due to non-filing of DIR-3 KYC".
  • 2 director exit(s) in the last 3 years.
Director & KMP remuneration (FY 2017)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2023 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
4 allotment(s) · 12 transfer(s)

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 70 · Distress 90
Growth signals & trust indicators
Revenue acceleration: +2.1x over 4 year(s).
Operating for 17+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
4 open charge(s) registered - assets are encumbered.
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Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence93/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • No distress signals on file.
  • Financial filings available for verification.
Banker assessment94/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 4 open charge(s) of 33.08 cr already registered.
  • Compliance record supports lending.
Investor view83/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 1 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management churn warrants questions.
09

MCA Filings & Events Timeline

Latest 15 events
30 Sep 2025
Last AGM held
Annual general meeting
29 Sep 2025
Director ceased
Lichhman Ram
14 Aug 2025
Director appointed
Lichhman Ram (Director)
23 May 2025
Director ceased
Venkatesh Krishnahari Dyavanpalli
31 Mar 2025
Latest balance sheet
Filed with ROC
25 Apr 2024
Director appointed
Venkatesh Krishnahari Dyavanpalli (Director)
31 Mar 2023
Share transfer (FY 2023)
662325.00000000 shares to POORAN SINGH RATHORE
Share transfer (FY 2023)
662236.00000000 shares to POORAN SINGH RATHORE
14 Dec 2021
Charge created
Axis Bank Limited - 6.45 cr
14 Sep 2021
Director appointed
ISHWARLAL MAGANLAL PATEL (Director)
Director ceased
KULWANTSINGH RATHORE
16 Mar 2018
Director ceased
MANISH SHIVDAS KOTHARI
Director ceased
CHAMPAKLAL AMRUTLAL SHAH
01 Oct 2017
Director ceased
NIRAV KAMLESH DESAI
19 Jun 2017
Director ceased
RAMADAS NARAYANAN RAMAN
10

Key Observations

Auto-generated from the data above
Revenue grew 24% over the last 4 financial year(s).
Net profit margin moved from 0.86 to 61%.
Debt-to-equity stands at 38% - manageable leverage.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
4 active director(s) / partner(s); review board churn before relying on management continuity.
1 active GST registration(s) indicate ongoing business operations.
Carries an external credit rating of BB- from Icra.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 4 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Shree Krishna Sulphite Private Limited U24110GJ1995PTC028382 Ahmedabad, Gujarat, India
Synergyremedies U24232TG2011PTC122663 Hyderabad, Telangana, India
Oasis Insecticides U24119DL2003PTC121387 Delhi, Delhi, India
Vega Biotec Private Limited U51109GJ2006PTC049577 Vadodara, Gujarat, India
Lexicon Worldwide Limited U74110HP2003PLC026439 Distt Solan Hp, Himachal Pradesh, India
Sand Chem India Limited U24110DL1994PLC058469 New Delhi, Delhi, India
J M Healthcare Private Limited U24230CH2007PTC030943 Chandigarh, Chandigarh, India
Levikas Enterprises Private Limited U33119DL2019PTC351808 Delhi, Delhi, India
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Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Vapi Pigments Private Limited before audits and certifications: compliance score 100/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Vapi Pigments Private Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Favourable lending indicators. Credit risk score 90/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 70/100, margin trends, ownership structure and peer set for Vapi Pigments Private Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 88/100, distress signals and MSME payment-delay disclosures - know whether Vapi Pigments Private Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Vapi Pigments Private Limited - groundwork for KYC, onboarding and disputes.

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Frequently Asked Questions

Is Vapi Pigments Private Limited an active company?

Vapi Pigments Private Limited has MCA status “Active” with a compliance score of 100/100 (Low Risk).

Is Vapi Pigments Private Limited financially healthy?

Vapi Pigments Private Limited has a Financial Health Score of 95/100 (Low Risk) based on its filed financial statements.

Should I do business with Vapi Pigments Private Limited?

Its overall Trust Score is 88/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Vapi Pigments Private Limited?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 4 active director(s) are on record.

Does Vapi Pigments Private Limited have loans or charges against its assets?

4 open charge(s) are registered against its assets, and 3 earlier charge(s) stand satisfied.

Is Vapi Pigments Private Limited up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 100/100 (Low Risk).

Is it risky to lend to Vapi Pigments Private Limited?

Its Credit Risk Score is 90/100 (Low Risk). Banker verdict: Favourable lending indicators.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.