Shares of Meesho Ltd soared 13.3 percent to ₹193.50 on Tuesday, taking the company’s market capitalization past ₹85,000 crore. The sharp rise comes just weeks after its IPO, where shares had opened 46 percent above the issue price of ₹111.
Since listing, Meesho has delivered around 74 percent gains to early investors, reflecting strong confidence in its growth story. The platform, which connects small entrepreneurs and resellers with customers through social channels, has rapidly expanded in tier‑2 and tier‑3 cities, standing out in India’s competitive e-commerce sector.
The rally has also made co-founder and CEO Vidit Aatrey a billionaire, based on the paper value of his stake in the company. This milestone highlights the enormous wealth-creation potential of India’s tech start-ups and the financial rewards for visionary founders.
Trading in Meesho shares has remained robust, supported by both retail and institutional investors. Analysts say the strong post-IPO momentum underlines optimism about the company’s long-term prospects.
With its growing user base, unique business model, and expansion plans, Meesho is expected to remain a closely watched stock, symbolizing India’s booming digital commerce and entrepreneurial spirit.
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