Significant Activity in Edtech Company Veranda Learning’s Stock

Veranda Learning, an innovative edtech company, experienced notable block deal activity on Tuesday, driven by a combination of institutional acquisitions and sales from promoters’ stakes. Authum Investment & Infrastructure, a non-banking finance firm active in capital markets, emerged as the largest purchaser, acquiring 58 lakh shares valued at Rs 133.5 crore. Additionally, the renowned global investment bank Goldman Sachs (Singapore) participated on the buy side, purchasing 7.6 lakh shares for a price of Rs 17.5 crore.

Promoters’ Stake Sales

On the selling front, promoters K S Ganesh, K S Suresh, and K S Aghoram each sold 22 lakh shares, representing almost 17% of their collective holdings. These trades occurred at an average share price of approximately Rs 230, summing up to a total of Rs 152 crore.

Financial Performance of Veranda Learning

Veranda Learning reported a year-on-year increase of 17% in its operating revenue, reaching Rs 139 crore in the first quarter of FY26. In contrast, the company recorded a profit of Rs 6 crore for Q1 FY26, a turnaround from a loss of Rs 26 crore in the same quarter of FY25. The total market capitalization of the company is currently positioned at Rs 2,155 crore (around $245 million).

Competition from Physicswallah

In a move to compete with Veranda Learning in the stock market, Physicswallah has received approval from SEBI for its IPO. The Noida-based company aims to raise approximately Rs 4,600 crore (around $533 million) through a combination of fresh issues and offers for sale.

Physicswallah has reported operating revenue exceeding Rs 3,000 crore for FY25, reflecting a growth rate of about 55%. Furthermore, the company has significantly diminished its losses, achieving a reduction of nearly 80%. These financial insights were exclusively disclosed by Startup Superb.