📰 Meesho Listing Mints New Billionaire as Shares Surge 74%

Shares of Meesho jumped 74% on listing day, propelling co-founder Vidit Aatrey into the billionaire club. The stock hit a high of ₹193 against an issue price of ₹111, valuing Aatrey’s 11.1% stake at around ₹9,128 crore ($1 billion). Co-founder Sanjeev Barnwal also saw his holdings valued at about ₹6,099 crore. Founded in 2015, Meesho has grown into a leading social commerce platform backed by marquee investors like Meta, SoftBank, Sequoia and Y Combinator. Brokerage Choice Equities has initiated coverage with a BUY rating and a ₹200 target, citing strong growth prospects and attractive valuation. #MeeshoIPO #StartupSuccess #BillionaireClub #IndianStartups #StockMarketNews #IPOListing