IndiaMART Shares Jump Over 8% As Nalanda India Equity Fund Buys 11 Lakh Shares

IndiaMART InterMESH Ltd. saw its strongest single‑day rally since July 2023, with shares rising over 8% on January 16, 2026. The stock has gained in 3 of the last 4 trading sessions, indicating increased investor interest.

A significant block purchase contributed to the sharp price movement during the session. Market participants monitored the transaction closely due to its size and the impact on shareholding patterns.

Block Deal Activity Drives Surge

Nalanda India Equity Fund Ltd. bought 11 lakh shares of IndiaMART in block deals executed on January 16, 2026. The shares were acquired at an average price of ₹2,110 each, representing a total deal value of ₹232 crore.

Smallcap World Fund Inc. was the seller in this transaction according to exchange block deal disclosures. At the end of the September quarter, Smallcap World Fund held a 1.83% stake in the company.

Retail Shareholder Participation And Ownership Structure

IndiaMART’s shareholding data for the September quarter indicates that 1.56 lakh small retail shareholders collectively held a 9.7% stake in the company. These retail shareholders hold authorised share capital of up to ₹2 lakh each.

Promoter shareholding stood at 49.17%, forming the single largest ownership block. The shareholding pattern for the December quarter is yet to be released.

Institutional Activity And Market Implications

The involvement of Nalanda India Equity Fund, a prominent institutional investor, drew attention from market observers. Large institutional block deals often influence short‑term liquidity and sentiment in actively traded stocks.

The exit of Smallcap World Fund for a portion of its holding also signalled routine portfolio adjustments during the quarter. Investors await updated shareholding disclosures for clearer insight into institutional positioning.

Indiamart Intermesh Share Price Performance

On January 16, 2026, Indiamart Intermesh share price opened at ₹2,211.50, compared to the previous close of ₹2,114.50. At the end of the session, the stock had touched a high of ₹2,304.00 and a low of ₹2,211.00, and was trading at ₹2,289.00, up by 8.25%.

The stock recorded a traded volume of 12.23 lakh shares and a traded value of ₹278.85 crore on the NSE. The market capitalisation stood at ₹13,609.74 crore.

Read More: Top Gainers and Losers on January 16, 2026.

Conclusion

IndiaMART recorded a sharp rise in its share price on January 16 following a sizeable institutional block deal. The transaction shifted a notable number of shares between major global funds, contributing to heightened market activity.

Retail and promoter ownership levels continued to show broad‑based participation across categories. Investors now look forward to the upcoming December‑quarter shareholding data for additional clarity on evolving ownership trends.

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