Vidit Aatrey, co‑founder and CEO of social commerce platform Meesho, has joined the ranks of global billionaires following a sharp rise in the company’s share price after its initial public offering (IPO). The stock jumped significantly above its issue price, pushing Aatrey’s personal wealth into the billion‑dollar range.
Meesho’s shares climbed to around Rs 193, representing a 74 percent increase over the IPO issue price of Rs 111 per share. This surge translated into substantial gains for Aatrey, who holds roughly 47.25 crore shares, or an 11.1 percent stake in the company. At these levels, his holdings were valued at over Rs 9,000 crore (approximately USD 1.1 billion).
The company’s listing reflects strong investor interest in its mobile‑first, social‑commerce model, which enables small businesses and individual sellers to reach consumers across India. The IPO attracted significant attention from both retail and institutional investors, and the stock’s performance post‑listing underscores market confidence in Meesho’s growth potential.
Industry observers say the rally highlights optimism about India’s domestic e‑commerce sector, especially for companies with scalable, asset‑light business models. Meesho’s focus on affordable products and penetration into smaller cities and towns has helped it build a broad consumer base, contributing to its strong stock performance.
For Vidit Aatrey, this milestone marks the culmination of a decade-long journey from a startup founder to one of India’s newest billionaires. Together with co‑founder Sanjeev Barnwal, he has grown Meesho from a niche social reselling platform into a mainstream e‑commerce company, attracting major global and domestic investors along the way.
As Meesho expands its operations and works toward profitability, its successful IPO may serve as a benchmark for future listings in India’s technology sector, signaling continued investor enthusiasm for innovative, growth-oriented startups.
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