Meesho Founder Vidit Aatrey Becomes a Billionaire After a Strong Share Rally

Meesho Founder Vidit Aatrey Becomes a Billionaire After a Strong Share Rally
Meesho Founder Vidit Aatrey Becomes a Billionaire After a Strong Share Rally

Meesho co‑founder and CEO Vidit Aatrey has officially joined the billionaire club after the company’s shares surged sharply since its recent stock market debut. The rise in share price has transformed his ownership in the business into a nine‑figure fortune.

Meesho’s shares jumped from their initial public offering (IPO) price of INR 111 per share to around INR 193 on the Bombay Stock Exchange, marking a gain of about 74% in just a few trading sessions. This strong rise pushed Aatrey’s stake in the company above the $1 billion mark.

Wealth Surge for Founders

Aatrey owns roughly 47.25 crore shares, equal to an 11.1% holding in Meesho. At current share prices, this stake is valued at more than INR 9,100 crore (about $1 billion). Fellow co‑founder Sanjeev Barnwal also saw his shares rise in value, with his holding now worth more than INR 6,000 crore.

The jump in wealth reflects the sharp rally in Meesho shares since listing. The shares first listed above the IPO price and have continued to attract investor interest. The company’s market capitalisation has climbed past INR S85,000 crore, showing strong demand for the stock.

Why Shares Are Rising

Part of the reason for the stock’s strength is positive market sentiment. Some brokerages have started coverage of Meesho with “Buy” ratings, pointing to future growth prospects. One global firm also initiated coverage with a target price above current levels, supporting the stock’s momentum.

Investors see value in Meesho’s focus on lower‑cost and value‑oriented online commerce. Its platform helps small sellers reach customers across India, especially in Tier‑2 and Tier‑3 cities. This niche has driven strong user growth and attracted interest from large investors.

About Meesho

Founded in 2015 by Vidit Aatrey and Sanjeev Barnwal, Meesho is an e‑commerce platform based in Bengaluru. It operates a social commerce model, enabling individuals and small businesses to sell goods online, often via social‑media channels. Over the years, it has become one of India’s most-watched digital commerce companies.

The IPO raised about INR 5,421 crore, with shares sold at a price band of INR 105-INR 111. Meesho’s strong debut added to confidence in its business model and helped create substantial wealth for early founders and investors.

What This Means for Investors

For early backers and founders, the rally has created significant paper gains in just a few days. It also highlights how new technology listings can rapidly change the wealth of company founders.

However, experts say that markets can change quickly. Investors should watch future company earnings and broader market trends to judge if the stock can sustain its rise. The stock’s strong start may not guarantee similar performance in the months ahead.

This event shows both the strong growth in India’s tech‑driven economy and the potential rewards and risks of investing in newly listed stocks.


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