IndiaMART Shares Surge 9% as Nalanda Equity Fund Enters, Smallcap World Exits

• IndiaMART InterMESH shares saw a strong rally, surging 9.02% intra-day to ₹2304.95 and closing 8.26% higher at ₹2288.85 on BSE.
• The surge was driven by large block deals where Nalanda India Equity Fund bought 1.1 million shares for ₹232 crore at ₹2110 per share.
• Smallcap World Fund Inc. sold its entire 1.83% stake in IndiaMART InterMESH through these block deals.
• Promoters hold 49.17% stake, while domestic mutual funds (11.61%) and retail investors (9.7%) are significant public shareholders.
• The stock has shown significant volatility, hitting a one-year low of ₹1850 on April 7, 2025, and a high of ₹2772 on July 14, 2025.

Why It Matters: IndiaMART InterMESH shares rallied significantly due to a major block deal involving fund entry and exit.