Meesho’s early investors and founders are set for massive gains after the company fixed its IPO price band at ₹105–111 per share, valuing the e-commerce platform at around ₹50,095 crore (basic share count) at the upper end. Moneycontrol had earlier reported that the Flipkart- and Amazon-rival was eyeing a post-money valuation of nearly ₹52,500 crore on a fully diluted basis.
Co-founders Vidit Aatrey and Sanjeev Kumar, who jointly own over 18.5 percent of Meesho, stand to benefit significantly. Aatrey holds 47.25 crore shares (11.1 percent), acquired at just ₹0.06 apiece. His stake is now worth ₹5,245 crore—an increase of over 1,800 times from about ₹2.84 crore. Kumar, with 31.57 crore shares (7.41 percent) bought at ₹0.02 each, will see the value of his holding jump to ₹3,504 crore, up nearly 5,500 times.
Early institutional backers also enjoy huge windfalls: Elevation Capital’s stake now totals ₹6,433 crore, Peak XV’s rises to ₹5,342 crore, and YC Continuity Fund’s shoots up to ₹576 crore.
Meesho’s IPO opens December 3–5, with a reduced OFS of 10.55 crore shares, bringing expected OFS proceeds down to ₹1,172 crore, while the fresh issue remains at ₹4,250 crore.