Archive · 17 Dec 2025
Meesho Founder Joins Billionaire Club
Vidit Aatrey, the co-founder of Meesho, has become a billionaire.
This happened because the price of Meesho's stock went up a lot after the company started selling shares to the public.
Aatrey owns a big part of the company, and when the stock price increased, the value of his shares became more than $1 billion.
Meesho is a big online shopping company in India that helps small businesses sell products.
Many famous investors, like Meta and SoftBank, have supported Meesho's growth.
The company's stock is now worth much more than when it first started selling shares to the public.
Recently, a big investment company called UBS said Meesho is a good investment and that the stock could go up even more.
Vidit Aatrey, co-founder of Meesho, becomes a billionaire due to a 74% surge in the company's stock price.
Aatrey owns 11.1% of Meesho, valued at approximately Rs 9,142 crore at the stock's record high of Rs 193.50.
Meesho's successful IPO raised Rs 5,421.20 crore, with shares offered between Rs 105-111 apiece.
UBS initiates coverage on Meesho with a 'Buy' rating and a target price of Rs 220, suggesting a 12.50% potential upside.
Meesho is projected to grow its net merchandise value at a 30% CAGR between FY25 and FY30, with improving unit economics and a clear path to profitability.
- Who
- Vidit Aatrey, co-founder and CEO of Meesho
- What
- Entered the billionaire club due to a surge in Meesho's stock price
- When
- After the company's successful IPO and subsequent stock rally
- Where
- Bengaluru, India (Meesho's headquarters)
- Why
- Due to his substantial shareholding in Meesho and the company's stock performance
- Founder
- Vidit Aatrey
- Company
- Meesho
- Stock Surge
- 74% since listing
- Share Price
- Rs 193.50 (record high)
- Stake
- 11.1% (47.25 crore shares)
- Wealth
- Rs 9,142 crore ($1 billion+)
- IPO Date
- December 3-5
- Funds Raised
- Rs 5,421.20 crore
- UBS Target Price
- Rs 220
- Projected NMV Growth
- 30% CAGR (FY25-FY30)
- Projected ATU Growth
- 19.9 crore to 51.8 crore (FY25-FY30)
Sources
Meesho founder Vidit Aatrey joins billionaire club
Meesho CEO Vidit Aatrey joins billionaire club after shares jump 74% post IPO listing — Here's how much he is worth
Meesho shares jump 8% as UBS initiates coverage with 'Buy', sets target price of Rs 220