Myntra Designs Profile
Key Indicators
- Authorised Capital ₹ 13.08 Cr
- Paid Up Capital ₹ 10.04 Cr
- Company Age 18 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 575.00 Cr
- Revenue Growth 46.35%
- Profit Growth -40.50%
- Ebitda -79.04%
- Net Worth -594.33%
- Total Assets 9.07%
About Myntra Designs
Myntra Designs Private Limited (MDPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 February 2007 and has a history of 18 years and one month. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the E-Commerce Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 13.08 Cr and a paid-up capital of Rs 10.04 Cr.
The company has closed loans amounting to ₹575.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Myntra Designs Private Limited India is Ira Sharma as COMPANY SECRETARY. Santosh Kevlani and Sachin Takkar serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72300KA2007PTC041799
- Company No.
041799
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 Feb 2007
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
E-Commerce
What products or services does Myntra Designs Private Limited offer?
Myntra Designs Private Limited offers a wide range of products and services, including Denim Clothing, Men Denim Jeans, Men Shirts, Men Cotton Shirts, Te Homef, Quilted Bed Sheets, Painting Art, Radha Krishna Paintings, Quilt Bedding Set, Bedroom Kitchen Furniture.
Myntra Designs Private Limited
Explore comprehensive data for Myntra Designs Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Myntra Designs?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ira Sharma | Company Secretary | 30-Apr-2024 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Santosh Kevlani  | Whole-Time Director | 17-Feb-2022 | Current |
| Sachin Takkar | Director | 20-Sep-2023 | Current |
Financial Performance of Myntra Designs.
Myntra Designs Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 46.35% increase. The company also saw a substantial fall in profitability, with a 40.5% decrease in profit. The company's net worth observed a substantial decline by a decrease of 594.33%.
- Key Matrics
- Balance Sheet
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- Cash Flow
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What is the Ownership and Shareholding Structure of Myntra Designs?
In 2022, Myntra Designs had a promoter holding of 100.00%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Namit Constructions Private LimitedSantosh Kevlani is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹575.00 Cr
Charges Breakdown by Lending Institutions
- Yes Bank Limited : 520.00 Cr
- Hdfc Bank Limited : 40.00 Cr
- Svb India Finance Private Limited : 15.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jul 2018 | Yes Bank Limited | ₹20.00 Cr | Satisfied |
| 09 Feb 2017 | Yes Bank Limited | ₹300.00 Cr | Satisfied |
| 01 Dec 2015 | Hdfc Bank Limited | ₹40.00 Cr | Satisfied |
| 18 Mar 2015 | Yes Bank Limited | ₹140.00 Cr | Satisfied |
| 18 Aug 2014 | Yes Bank Limited | ₹10.00 Cr | Satisfied |
How Many Employees Work at Myntra Designs?
Myntra Designs has a workforce of 1108 employees as of Apr 03, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Myntra Designs, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Myntra Designs's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Myntra Designs
Recent activity within the organization
- Annual General Meeting
Myntra Designs Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
- Director Appointment
Ira Shukla Sharma was appointed as a Company Secretary was appointed as a Company Secretary on 30 Apr 2024 & has been associated with this company since 11 months 15 days .
- Balance Sheet
Myntra Designs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Director Appointment
Sachin Takkar was appointed as a Director was appointed as a Director on 20 Sep 2023 & has been associated with this company since 1 year 6 months .
- Director Appointment
Santosh Kevlani was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 17 Feb 2022 & has been associated with this company since 3 years 1 month .
- Charges
A charge registered on 30 Jul 2018 via Charge ID 100198290 with Yes Bank Limited was fully satisfied on 19 Jun 2019.
Recent News, Updates & Announcement
- Myntra Secures $54 Million Investment Boost From Parent Company Flipkart - Indian Food Industry-Snackfax.
Myntra has recently secured a $54 million investment from its parent company Flipkart. This infusion of funds comes at a crucial time for the online fashion.
Frequently asked questions
What is the Incorporation or founding date of Myntra Designs Private Limited?
Myntra Designs Private Limited was incorporated on 16 Feb 2007.
What is authorized share capital and paid-up capital of Myntra Designs Private Limited?
The authorized share capital of Myntra Designs Private Limited is ₹ 13.08 Cr and paid-up capital is ₹ 10.04 Cr.
Who are the current board members & directors of Myntra Designs Private Limited?
Currently 3 directors are associated with Myntra Designs Private Limited.
- Santosh Kevlani
- Sachin Takkar
- Ira Shukla Sharma
What is the registered address of Myntra Designs Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Myntra Designs Private Limited is Buildings Alyssa Begonia Clover Embessy Tech Village Outer Ring Road, India, Devarabeesanhalli Village, Karnataka, 560103.
What is the corporate identification number (CIN) and company number of Myntra Designs Private Limited?
The corporate identification number (CIN) of Myntra Designs Private Limited is U72300KA2007PTC041799 and the company number is 041799 as per Ministry of Corporate Affairs (MCA).
What is the official website of Myntra Designs Private Limited?
The Official website of Myntra Designs Private Limited is https://www.myntra.com
What has been the recent revenue trend for Myntra Designs Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Myntra Designs Private Limited has risen by 46.35%.
How many employees does Myntra Designs Private Limited currently have?
As Per 2022 financial reports, 1108 employees are currently employed by Myntra Designs Private Limited.
What change has been observed in the net worth of Myntra Designs Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Myntra Designs Private Limited has experienced an downturn of -594.33%.
When was the last Balance Sheet of Myntra Designs Private Limited filed with the ROC?
The most recent Balance Sheet for Myntra Designs Private Limited was filed with the ROC on 31 Mar 2024.
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