MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0076596
Finecut Design LLP
Finecut Design LLP - consumer goods in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹20.09 Cr
▼ 7% YoY
Net profit · FY 2023
₹76.55 Lakh
Net margin 3.8%
EBITDA · FY 2023
₹99.94 Lakh
EBITDA margin 5%
Contribution obligation
₹50,000
As per LLP agreement
LLP age
8 yrs
Est. 2018
Employees · EPFO
5
Provident fund records
Designated partners
2
As per MCA filings
Active GSTINs
1
GST registered
About Finecut Design LLP
Data last updated:
Finecut Design LLP is a limited liability partnership (LLP) based in Mumbai, Maharashtra, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 19 May 2018 and has been in existence for over 8 years.
Its director Binoy Rajen Shah is #1,174 among India's richest people (2026).
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAM-6635. Its GSTIN is 27AAFFF9098N1ZJ (Maharashtra).
The LLP has a total obligation of contribution of ₹50,000. It is led by designated partners Dipesh Natvarlal Shah and Binoy Rajen Shah.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹20.09 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹76.55 Lakh (net margin 3.8%) and EBITDA of ₹99.94 Lakh (EBITDA margin 5%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years.
The LLP has about 5 employees on its provident fund (EPFO) records.
Finecut Design LLP is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0076596).
Company details
LLPIN AAM-6635
Incorporation Date 19 May 2018
Total Obligation of Contribution ₹50,000
ROC Mumbai
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-MH-19-0076596
Recognitions & Rankings of Finecut Design
India's Richest People 2026 edition · 1 director · Source: Hurun India
- #1,174 Binoy Rajen Shah ₹2,100 Cr
Contact details
Finecut Design LLP's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address15 Floor – 1st Plot – 15 Mehta Mahal Padmakar L Khandke Marg Mathew Road Opera House, Girgaon, Mumbai, Maharashtra, India – 400004
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Finecut Design LLP, buy the company report.
Comprehensive company report
Finecut Design LLP - 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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Financials of Finecut Design LLP
FY 2025 filings availableFinecut Design LLP reported revenue of ₹20.09 Cr (down 7% YoY) for FY 2023.
Revenue · FY 2023
₹20.09 Cr ▼ 7%
Net profit · FY 2023
₹76.55 Lakh margin 3.8%
EBITDA · FY 2023
₹99.94 Lakh margin 5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 25%
EBITDA CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 134%
Revenue fell 7% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 25%. EBITDA fell 2% 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
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Tax | |||||
| Profit After Tax | ₹76.55 Lakh | ||||
| Profit Transferred to Partners | |||||
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Financial Ratios
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 3.8% | ||||
| Return on Partners' Funds | |||||
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| Liquidity and Debt | |||||
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To see the full financial statements and ratios of Finecut Design LLP, buy the company report.
Designated partners of Finecut Design LLP
Finecut Design has 2 current designated partners and 1 former designated partner. Current designated partners are listed first, with their designation and appointment date.
Current Designated Partners
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dipesh Natvarlal Shah | Designated Partner | 20 Oct 2018 | 8 Years 0 Months | Current |
| Binoy Rajen Shah | Designated Partner | 19 May 2018 | 8 Years 5 Months | Current |
Legal cases
No court or tribunal cases involving Finecut Design LLP 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 Finecut Design LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Finecut Design LLP has a workforce of 5 employees on its EPFO records as of Nov 2022, across 1 active EPFO establishment.
Employee count
5
Active EPFO establishments
1
Employee growth
25%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2022-23 | 5 |
| FY 2021-22 |
To see the full employee and EPFO history of Finecut Design LLP, buy the company report.
GST
Finecut Design has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFFF9098N1ZJ | Maharashtra | Active | 14 Jun 2018 |
To see the full GST registrations and return filing status of Finecut Design LLP, buy the company report.
Recent activity
Finecut Design LLP has 3 designated partner changes on record since 2018: 2 appointments and 1 cessation. The latest: Dipesh Natvarlal Shah was appointed as Designated Partner on 20 Oct 2018.
AGM
Finecut Design Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Finecut Design Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Dipesh Natvarlal Shah was appointed as Designated Partner.
Ceased
Malav Rajen Shah ceased to be Designated Partner.
Appointed
Binoy Rajen Shah was appointed as Designated Partner.
Incorporation
19 May 2018
Finecut Design Llp was registered on 19 May 2018 with Roc Mumbai I & aged 8 years 5 months as per MCA records.
Frequently asked questions
Finecut Design is an active limited liability partnership based in Mumbai, Maharashtra, India. The LLP works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 19 May 2018 (8+ years old) and is registered under LLPIN AAM-6635.
Finecut Design has 2 current designated partners:
- Dipesh Natvarlal Shah - Designated Partner
- Binoy Rajen Shah - Designated Partner
The latest financial statements of Finecut Design on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Finecut Design is 27AAFFF9098N1ZJ, registered in Maharashtra.
The LLPIN (Limited Liability Partnership Identification Number) of Finecut Design is AAM-6635. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Finecut Design was incorporated on 19 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Dipesh Natvarlal Shah was appointed as Designated Partner on 20 Oct 2018. Malav Rajen Shah ceased to be Designated Partner on 20 Oct 2018. Binoy Rajen Shah was appointed as Designated Partner on 19 May 2018.
Yes, Finecut Design is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0076596).
The registered office of Finecut Design is at 15 Floor – 1st Plot – 15 Mehta Mahal Padmakar L Khandke Marg Mathew Road Opera House, Girgaon, Mumbai, Maharashtra, India – 400004.
Finecut Design operates in the consumer goods industry, in the watches and jewelry manufacturing segment.
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