Meesho Stock Up 74% in 5 Sessions; Vidit Aatrey Becomes Billionaire

• Meesho's stock surged over 74% in five sessions, reaching Rs 193 per share from its Rs 111 issue price.
• The e-commerce company's market capitalization has climbed to over Rs 86,000 crore following the rally.
• Co-founder and CEO Vidit Aatrey became a billionaire, with his 11.1% stake valued at approximately $1 billion (Rs 9,128 crore).
• Meesho's IPO, sized at over Rs 5,000 crore, was subscribed 79 times overall, with strong demand from institutional and retail investors.

Why It Matters: Meesho's IPO success highlights rapid wealth creation in tech.