Online fashion retailer Myntra is expected to announce its acquisition by e-commerce leader Flipkart later today. We take a look at the shareholding structure of the company based as reported at the end of FY13. Who gained shares in FY13 Myntra had raised around $25 million investment from existing investors Tiger Global and Accel Partners among others in FY13. These firms got 2,476,026 and 4,622,077 shares respectively. According to the disclosure these were 0.01% cumulative compulorily convertible preference shares. Also read: Live blog: Flipkart acquires Myntra Key Events In Myntra’s Journey : A Timeline Flipkart buys Myntra; Mukesh Bansal to join Flipkart board Among equity share holders Mukesh Bansal and Vineet Saxena divested 96,689 and 66,875 shares of face value Rs 1 each. Myntra had acquired Exclusively.in in the same time frame and this company was given 1,601,436 equity shares. In the case of Vector E-Commerce Private Limited, another company that is involved in the operations of Myntra, Bishnu Prakash Hazari had 1,05,000 shares which add up to 40% of the equity shares, while Raghunath I had 1,55,000 shares which account for 60% of equity shares. Foreign holdings controlled 34% equity shares of Myntra Designs Pvt Ltd in 2013, while directors and relatives accounted for 53% of the company. Other investors control 13% of the company. Myntra has issued other forms of shares as mentioned above, for raising money from foreign investors and investment firms. Investment in 2014: Myntra had raised Rs 305.50 crore ($50 million) in February…
