Promoters, early investors see windfall paper gains from Meesho’s $5.7 billion valuation; founders’ stake worth Rs 8,750 crore

Meesho’s upcoming IPO sets a price band of Rs 103-111, valuing the company at $5.74 billion. Founders Vidit Aatrey and Sanjeev Kumar, along with early investors like Elevation Capital and Peak XV Partners, are poised for significant paper gains. The IPO opens December 3, with a reduced offer for sale component.