Kapshi Estate was a jagir in India during the British Raj.

It was under the Kolhapur-Dekkan Residency in the Bombay Presidency, and later the Deccan States Agency.

The vassal state of Kapshi was located 62 kilometres (39 mi) south of Kolhapur.

[1] The father of the founder of the estate was Shrimant Senapati Malojirao Ghorpade, who died in the battle of Sangmeshwar against the Mughals.

A general of the Maratha army, he was granted the title 'Senapati', a hereditary title of nobility used in the Maratha Empire, and became the first ruler of Kapshi in the second half of the 17th century.