Company Intelligence Profile
MYNTRA DESIGNS PRIVATE LIMITED
The operating / marketplace-services entity behind Myntra, India's largest fashion & lifestyle e-commerce platform, owned via Flipkart by Walmart.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| Registered name | MYNTRA DESIGNS PRIVATE LIMITED |
|---|---|
| CIN | U72300KA2007PTC041799 |
| PAN | AAECM9636P |
| Status | Active |
| Listing | Unlisted (private, promoter-held) |
| Incorporated | 16 February 2007 |
| ROC | RoC-Bangalore (Karnataka) |
| Sector (NIC) | 72300 — Computer/data processing (legacy 2007 classification; actual business is fashion e-commerce marketplace services) |
| Registered address | Buildings Alyssa, Begonia & Clover, Embassy Tech Village, Outer Ring Road, Devarabeesanahalli Village, Bengaluru, Karnataka 560103 (Flipkart group campus). Operational HQ: AKR Tech Park, Kudlu Gate, Bengaluru 560068. |
| Authorized capital | Audited (equity only) ₹8.08 Cr; MCA aggregate incl. CCCPS disputed at ₹13.08–17.58 Cr |
| Paid-up capital | ₹6.646 Cr (66,456,945 equity shares of ₹1, per audited FY25 filing) |
Source: tofler.in; thecompanycheck.com; falconebiz.com; instafinancials.com; India LEI 335800UYD9YQC7QAVA42
Business Overview
Confirmed- Operating/marketplace-services entity of the Myntra fashion e-commerce platform (fashion, beauty, personal care, home)
- FY25 revenue is predominantly B2B service fees, not merchandise sales: logistics services ₹2,918.9 Cr (48.3%), marketplace services ₹2,051.8 Cr (34%), advertising ₹914.5 Cr. NOT the merchandise-wholesale entity Myntra Jabong India Pvt Ltd (~₹20,000 Cr scale)
- ₹6,042.7 Cr is not Myntra's GMV
Source: tofler.in, thecompanycheck.com, company disclosures & trade press
Directors & KMP
Partial / conflicting| Name | DIN | Role | Appointed |
|---|---|---|---|
| Sachin Takkar | 10312034 | Director | - |
| Sunder Balasubramanian | 11162936 | Whole-Time Director & CMO | - |
| Mayank Kedia | 11435817 | Additional Director | - |
Source: MCA / DIN records via tofler.in, falconebiz.com
GST Registrations
Partial / conflicting| GSTIN | State | PAN | Status |
|---|---|---|---|
| 29AAECM9636P1ZJ | Karnataka | AAECM9636P | Active |
| 07AAECM9636P1ZP | Delhi | AAECM9636P | Cancelled |
| 27AAECM9636P2ZM | Maharashtra | AAECM9636P | Active |
29AAECM9636P1ZJ (Karnataka, Active, reg. 01-Jul-2017); 07AAECM9636P1ZP (Delhi, Cancelled); 27AAECM9636P2ZM (Maharashtra, Active); multiple state GSTINs under PAN AAECM9636P. Aggregator count (Tracxn '43/30 states') was REFUTED; exact register not certified. HSN/SAC not obtained.
Source: knowyourgst.com
Financials
Confirmed- FY25 consolidated (audited MCA/XBRL filing, y/e 31 Mar 2025): Revenue from operations ₹6,042.7 Cr (+18% YoY)
- Total income ₹6,137 Cr
- PBT ₹413.3 Cr
- PAT ₹548.3 Cr (~18x YoY, incl. ₹137.5 Cr deferred tax credit)
- EBITDA ~₹536 Cr (trade press)
- Net worth ₹1,522.4 Cr
- Total assets ₹5,247.2 Cr
- Borrowings ₹1,079.2 Cr (all current)
- FY24 PAT ₹30.9 Cr
- FY23 loss ~₹782 Cr
Source: medianama.com FY25 XBRL filing
Funding History
Partial / conflicting- No allotment during FY25 (XBRL 'rights issue during period = 0')
- Post-balance-sheet: ~₹1,062.5 Cr / USD 125M rights issue on 27 May 2025 (19,43,753 equity shares @ ₹5,466), subscribed by Flipkart-group promoters
- Full historical allotment/CCCPS history not reconstructed
Source: entrackr.com
Loans & Charges
Confirmed- Zero OPEN charges
- Seven historical charge records aggregating ₹575 Cr all recorded SATISFIED: Yes Bank (₹520 Cr aggregate, likely double-counts one enhanced facility), HDFC Bank (₹40 Cr, 2015), SVB India Finance (₹15 Cr, 2012)
- All pre-2018
- FY25 borrowings are 100% unsecured related-party loans @ 8% repayable on demand — no secured debt
Source: MCA charge index via tofler.in, falconebiz.com
Legal & Litigation
Partial / conflicting- Myntra Design Pvt Ltd v. Monika Thakur, Appeal No. 279/2019, SCDRC Chandigarh — appeal DISMISSED (29 Nov 2019), marketplace-intermediary defence rejected
- relief ₹1,859 refund + ₹7,000 compensation
- Income-tax demand for AY 2021-22 (contested
- would only reduce carried-forward losses)
- GST Advance Ruling KAR.ADRG 19/2022 appealed as KAR/AAAR/06/2022 (substance not retrieved)
- FY25 contingent 'claims not acknowledged as debt' ₹139.7 Cr (up 110% YoY, unitemised)
- No trademark/CCI matter substantiated
Source: indiankanoon.org/doc/49951890
Key Competitors
ConfirmedIndia's #3 fashion & lifestyle e-commerce platform (a Flipkart/Walmart company).
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