Zomato Share Price History: A Journey Through Highs and Lows

Have you ever ordered food from Zomato and wondered how it performs on the stock market? If yes, you're not alone. Many people enjoy Zomato's services daily but are curious about its business side—especially its share price journey since going public. In this article, we'll walk through Zomato's stock price history like a storyteller retracing the steps of a long hike—filled with steep climbs, sudden drops, and moments to pause and reflect.

But why should you care? Well, understanding a company's stock performance helps us make better financial choices. If you're interested in investing—or already are—this could also be a good time to check out trading courses or even explore some of the best trading courses to sharpen your skills.

Explore Zomato's share price history and market trends. Learn about trading courses, best trading courses to make informed investment decisions.

Introduction to Zomato as a Company

Zomato started as a simple restaurant discovery platform in 2008. Over time, it evolved into a full-fledged food delivery and restaurant services giant operating in multiple countries. You may know it as the app that saves you from hunger pangs, but to investors, it’s a tech-based unicorn that promised big things.

The Road to IPO: A Quick Recap

Before hitting the stock market, Zomato attracted serious investor attention. Backed by venture capital, including big names like Info Edge and Sequoia Capital, the company raised funds rapidly. The journey to its IPO (Initial Public Offering) was years in the making, built on both hype and hope.

Zomato’s Stock Market Debut

Zomato’s IPO launched in July 2021 with an offer price of ₹76 per share. It was oversubscribed more than 38 times! When it listed on the stock exchange, the stock opened at ₹115—nearly a 52% jump from the issue price. It was one of those “blockbuster openings” that the market loves.

Initial Investor Sentiment

The early days saw excitement and speculation. Zomato was among the first big Indian tech startups to go public. Investors were optimistic, believing this was the beginning of India’s tech IPO boom. Social media buzzed with terms like “New-Age stock,” and even casual investors jumped in.

Stock Performance in the First Year

The first year was a rollercoaster. After touching a high of around ₹169 in November 2021, the stock started facing selling pressure. Some of this was profit booking, and some due to market-wide corrections. By mid-2022, Zomato’s share price had dropped below its IPO level—a sobering moment for many.

Key Milestones Affecting Share Price

Several events moved Zomato’s stock:

  • Acquisition of Blinkit (formerly Grofers): Investors had mixed reactions. Some applauded the strategic expansion, others worried about financials.

  • Leadership changes: When Zomato’s co-founder Gaurav Gupta exited, shares took a hit.

  • Q3 and Q4 earnings reports: Losses narrowed but concerns over profitability remained.

Zomato and Market Volatility

Zomato didn’t exist in a bubble. The overall tech sell-off in 2022—sparked by inflation fears and rate hikes—dragged down most tech stocks, including Zomato. It reminded us that even the most promising companies aren’t immune to broader market forces.

Impact of Business Decisions on Stock Value

Decisions like deep discounting, expansion into new verticals, and burn rates had direct consequences. Investors began scrutinizing Zomato’s path to profitability. Just like a chef needs the right ingredients, Zomato needed a balance between growth and sustainability.

Competitors and Industry Trends

Swiggy, its main rival, stayed private but fiercely competitive. Add to that the rise of ONDC (Open Network for Digital Commerce) and local food startups, and you’ve got an industry that's rapidly evolving. These dynamics influenced how investors valued Zomato.

Investor Behavior and Market Psychology

Many new investors who bought into the IPO experienced their first real taste of stock market risk. Panic selling, FOMO (fear of missing out), and herd mentality all played a part. If this resonates with you, you’re not alone—it’s why exploring trading courses can be so helpful.

Global Economic Factors

Zomato’s share price was also impacted by things out of its control—like the Ukraine war, supply chain disruptions, and rising crude oil prices. Global events may feel far away, but they often hit our local markets hard.

What Experts Said Over the Years

Experts were divided. Some called Zomato “overvalued,” others saw “long-term potential.” Brokerage reports ranged from “buy” to “sell.” The key lesson? Relying only on headlines can be misleading. Learn to read between the lines—or better yet, take one of the best trading courses to decode it all.

 

Long-Term Trends and Graph Analysis

Over the years, the stock chart tells a story of hope, correction, and slow recovery. Long-term investors are now focusing on fundamentals like order volumes, customer retention, and profitability. Think of the stock chart like a heart monitor—it shows vital signs, if you know how to read it.

 

Lessons for Retail Investors

So, what can we learn?

  • Don't jump into IPOs blindly.

  • Understand the company, not just the hype.

  • Diversify your portfolio.

  • Educate yourself with trading courses to make smarter decisions.

 

How Trading Courses Can Help You Navigate Stocks

If Zomato’s journey felt confusing or stressful, that’s normal. Stock markets can feel like a foreign language. The good news? You can learn it. There are plenty of best trading courses available online that break down everything—from how to read charts to managing risk and analyzing companies.

Think of a trading course as your GPS in the chaotic world of stocks. Without it, you're guessing. With it, you're navigating.

 

Conclusion

Zomato’s share price history is more than just a graph—it's a reflection of investor moods, economic shifts, and strategic decisions. It teaches us about the importance of research, timing, and patience. If you're planning to dive into the world of investing, equip yourself with knowledge. Start with one of the best trading courses out there and see how far you can go.

 

FAQs

What was Zomato’s IPO price and how did it perform initially?
Zomato’s IPO was priced at ₹76 per share. It opened at ₹115 and saw a strong initial rally, gaining nearly 52% on listing day.

Why did Zomato’s share price fall after the IPO?
Multiple factors contributed: market corrections, high valuations, investor profit booking, and concerns over profitability.

Is Zomato a good stock to invest in for the long term?
It depends on your risk appetite. While it has growth potential, profitability concerns and market volatility are key risks to consider.

How can trading courses help me understand stocks like Zomato better?
Trading courses teach you how to analyze stocks, manage risk, and make informed decisions—essential skills for navigating the market.

What are some of the best trading courses for beginners?
Platform like Quantrix offer beginner-friendly trading courses that are both affordable and informative.