Midsaff Fashion Brands LLP
About Midsaff Fashion Brands LLP
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Midsaff Fashion Brands LLP is a limited liability partnership (LLP) based in Ahmedabad, Gujarat, India. It operates in the online cosmetics retail segment of the e-commerce sector. It was incorporated on 06 February 2015 and has been in existence for over 11 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAD-3257. Its GSTIN is 24ABAFM0645A1Z1 (Gujarat).
The LLP has a total obligation of contribution of ₹40 Lakh. It is led by designated partners Navin Ashokkumar Vaswani and Hitesh Ashokkumar Vaswani.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the LLP reported a revenue of ₹10.2 Cr, a growth of 100% compared to the previous year. For the same year it recorded a net profit of ₹2.97 Cr (net margin 29.1%) and EBITDA of ₹3.31 Cr (EBITDA margin 32.4%). Revenue has grown at a compounded annual rate (CAGR) of 83% over three years and 50% over five years.
The LLP has about 34 employees on its provident fund (EPFO) records.
Company details
Contact details
Midsaff Fashion Brands LLP's registered office is in Ahmedabad, Gujarat.
- Registered Address102 – 1st. Floor Crystal Square Nr. Telephone Exchange C.G. Road Navra, Ngpura, Ahmedabad, Gujarat, India – 380009
- IndustryE-Commerce, Online Cosmetics Retail
- 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
Financials of Midsaff Fashion Brands LLP
FY 2025 filings availableMidsaff Fashion Brands LLP reported revenue of ₹10.2 Cr (up 100% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 50% over five years, including 100% growth in the latest year. EBITDA rose 167% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profit After Tax | ₹2.97 Cr | ||||
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Financial Ratios
| Statement of Account and Solvency | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Net Profit Margin | 29.1% | ||||
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To see the full financial statements and ratios of Midsaff Fashion Brands LLP, buy the company report.
Designated partners of Midsaff Fashion Brands LLP
Midsaff Fashion Brands has 2 current designated partners and 1 former designated partner. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Navin Ashokkumar Vaswani Also directs: Saffron Lifestyle Traders Private Limited, Saffron Tradex Private Limited, Na Infraspace LLP and 1 more | Designated Partner | 15 Sep 2016 | 10 Years 1 Months | Current |
| Hitesh Ashokkumar Vaswani | Designated Partner | 06 Feb 2015 | 11 Years 8 Months | Current |
Peer comparison
Midsaff Fashion Brands LLP is compared with the 10 companies closest to it by revenue in the Consumer Products industry (Health and Beauty Retail and Distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Theiaa Pharmacy Private Limited | ₹10.42 Cr (FY 2024) | 49.0% | Puduchery, Puducherry, India | |||
| White Rose Properties Private Limited | ₹10.41 Cr (FY 2025) | 7.0% | Mumbai, Maharashtra, India | |||
| Nitkan India Private Limited | ₹10.41 Cr (FY 2024) | 1040740.0% | Mumbai, Maharashtra, India | |||
| Vardhaman Beauty Professional Private Limited | ₹10.33 Cr (FY 2022) | 63.0% | Bengaluru, Karnataka, India | |||
| Treebond Cosmical Private Limited | ₹10.26 Cr (FY 2025) | 247.0% | Rajkot, Gujarat, India | |||
| Midsaff Fashion Brands LLPthis company | ₹10.2 Cr (FY 2024) | ₹2.97 Cr | 29.1% | 100.0% | Ahmedabad, Gujarat, India | |
| K-Link Healthcare (India) Private Limited | ₹10.15 Cr (FY 2024) | -10.0% | Chennai, Tamil Nadu, India | |||
| Dhupar Sales Organisation India Pvt Ltd | ₹10.12 Cr (FY 2025) | 1.0% | Kolkata, West Bengal, India | |||
| Eureka Cosmo Private Limited | ₹10.09 Cr (FY 2025) | -39.0% | Mumbai, Maharashtra, India | |||
| Shoplex Retail Private Limited | ₹10.06 Cr (FY 2024) | 177.0% | Bihar, India | |||
| Satvik Multi Products India Limited | ₹9.89 Cr (FY 2018) | -52.0% | Delhi, India |
To see the full peer comparison of Midsaff Fashion Brands LLP, buy the company report.
Legal cases
No court or tribunal cases involving Midsaff Fashion Brands 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 Midsaff Fashion Brands LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Midsaff Fashion Brands has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24ABAFM0645A1Z1 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Midsaff Fashion Brands LLP, buy the company report.
Recent activity
Midsaff Fashion Brands LLP has 3 designated partner changes on record since 2015: 2 appointments and 1 cessation. The latest: Navin Ashokkumar Vaswani was appointed as Designated Partner on 15 Sep 2016.
Frequently asked questions
Midsaff Fashion Brands is an active limited liability partnership based in Ahmedabad, Gujarat, India. The LLP works in online cosmetics retail, within the e-commerce industry. It was incorporated on 06 February 2015 (11+ years old) and is registered under LLPIN AAD-3257.
Midsaff Fashion Brands has 2 current designated partners:
- Navin Ashokkumar Vaswani - Designated Partner
- Hitesh Ashokkumar Vaswani - Designated Partner
The latest financial statements of Midsaff Fashion Brands 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 2015 are in the company report.
The GSTIN of Midsaff Fashion Brands is 24ABAFM0645A1Z1, registered in Gujarat.
The LLPIN (Limited Liability Partnership Identification Number) of Midsaff Fashion Brands is AAD-3257. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Midsaff Fashion Brands was incorporated on 06 February 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Midsaff Fashion Brands by revenue are Theiaa Pharmacy Private Limited, White Rose Properties Private Limited, Nitkan India Private Limited, Vardhaman Beauty Professional Private Limited, Treebond Cosmical Private Limited and 5 more, all in the Consumer Products industry (Health and Beauty Retail and Distribution).
Navin Ashokkumar Vaswani was appointed as Designated Partner on 15 Sep 2016. Parasmal Dilip Khetpalia ceased to be Designated Partner on 15 Sep 2016. Hitesh Ashokkumar Vaswani was appointed as Designated Partner on 06 Feb 2015.
The registered office of Midsaff Fashion Brands is at 102 – 1st. Floor Crystal Square Nr. Telephone Exchange C.G. Road Navra, Ngpura, Ahmedabad, Gujarat, India – 380009.
Midsaff Fashion Brands operates in the e-commerce industry, in the online cosmetics retail segment.
Midsaff Fashion Brands can be reached at its registered office: 102 – 1st. Floor Crystal Square Nr. Telephone Exchange C.G. Road Navra, Ngpura, Ahmedabad, Gujarat, India – 380009.
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