Wipro, one of India's leading IT giants, has long stood out not only for its innovation and global presence but also for its consistent shareholder-friendly initiatives. One such initiative is the issuance of bonus shares. Over decades, Wipro has built a notable history of rewarding long-term investors through generous bonus issues.
Table of Contents
- Wipro's Bonus Share Journey: Historical Timeline
- Wipro Bonus Share Issuance Frequency and Ratios
- Most Recent Bonus Share: December 2024
- Wipro Share Price Performance (1993–2025)
- Wipro Returns: 5-Year, 10-Year, 15-Year & 20-Year Investment Cases
- Wipro Shares vs Fixed Deposits: Wealth Creation Comparison
- Conclusion: Wipro’s Bonus Legacy and Investor Takeaways
- FAQs
Wipro has a longstanding tradition of rewarding its shareholders through bonus share issuances, reflecting the company’s strong financial health and commitment to enhancing shareholder wealth. This practice dates back to 1971 and has continued consistently over the decades.
Historical Timeline of Wipro’s Bonus Share Issuances
Wipro’s history is marked by several key bonus share declarations that have played a role in strengthening investor confidence and improving stock liquidity. These bonus issues not only signify robust financial performance but also help make shares more affordable and attractive to retail investors.
Recent Bonus Share Issuance Frequency and Ratios
Focusing on the more recent past, since June 2004, Wipro has declared six bonus share issues with varying ratios, demonstrating an active approach toward shareholder value creation:
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Ex-Date
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Bonus Ratio
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Record Date
|
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03 Dec 2024
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1:1
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03 Dec 2024
|
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06 Mar 2019
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1:3
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07 Mar 2019
|
|
13 Jun 2017
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1:1
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14 Jun 2017
|
|
15 Jun 2010
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2:3
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16 Jun 2010
|
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22 Aug 2005
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1:1
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23 Aug 2005
|
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25 Jun 2004
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2:1
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28 Jun 2004
|
These bonus share issues have helped increase the stock’s liquidity and lowered the price per share unit, making Wipro’s shares more accessible to a wider base of investors. This strategy has supported Wipro’s stock market presence and encouraged long-term holding by retail shareholders.
Wipro’s most recent bonus issue came in December 2024. Shareholders received 1 bonus share for every share held as of the record date (3 December 2024).
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This 1:1 bonus marked Wipro's commitment to enhancing shareholder value, especially following improved financial performance in the preceding quarters.
Wipro’s stock has seen a remarkable journey over the past three decades. Here's a brief overview:
Despite cyclical fluctuations, long-term growth in Wipro’s share price underscores its value creation potential.
Last 5 Years (2020-2025)
- Share Price CAGR: 17%
- Investment of ₹10,000 in 2020 = ₹21,924 by 2025
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Last 10 Years (2016-2025)
- Share Price CAGR: 11.2%
- Investment of ₹10,000 = ₹29,018.26
Last 15 Years (2011-2025)
- Share Price CAGR: 9.4%
- Investment of ₹10,000 = ₹38,622.74
Last 20 Years (2006-2025)
- Share Price CAGR: 7.9%
- Investment of ₹10,000 = ₹45,765.79
The returns reflect the long-term compounding strength of Wipro when held through multiple market cycles and bonus share issuances.
If you had invested ₹10,000 in Wipro shares in 1993, by 2025:
- Final Value: ₹55.96 lakhs
- Total Return: 55,859.1%
In contrast, the same amount in a bank FD:
- Final Value (Compound): ₹64,534
- Total Return: 545.3%
This stark difference highlights the massive long-term wealth creation power of equity investing in a fundamentally strong company like Wipro.
Wipro has demonstrated a long-standing culture of rewarding its investors. With 14 bonus issues since 1971 and robust long-term performance, it remains a solid wealth creator in India’s IT landscape.
The consistent issuance of bonus shares has also served to democratize share ownership, improve liquidity, and maintain shareholder goodwill. For long-term investors, Wipro continues to represent not just a technology leader, but also a trustworthy custodian of capital.
- How many times has Wipro issued bonus shares till 2025?
Wipro issued bonus shares 14 times from 1971 to 2024. The most recent bonus, with a 1:1 ratio, was in December 2024.
- What was Wipro’s last bonus share record date?
The record date for Wipro’s latest bonus issue was 3rd December 2024, and the ex-date was the same. Shareholders received 1 bonus share for every share held.
- What is Wipro's bonus history ratio trend?
Wipro has consistently rewarded shareholders with bonus issues. Ratios have ranged from 1:1, 2:1 to 2:3, showing a balanced approach to rewarding long-term investors while maintaining capital discipline.
- Has Wipro stock delivered good long-term returns?
Yes. Over 20 years (2006–2025), Wipro delivered a CAGR of 7.9%, turning a ₹10,000 investment into over ₹45,000. Over 30+ years, the value grew to ₹55.96 lakhs from just ₹10,000.
- How does Wipro’s return compare to bank fixed deposits (FDs)?
While a ₹10,000 FD in 1993 would be worth only ₹64,534 by 2025, the same investment in Wipro stock grew to ₹55.96 lakhs, proving the power of long-term equity investing.
- What is the benefit of Wipro issuing bonus shares to investors?
Bonus shares increase the number of outstanding shares and reduce the per-share price, making them more affordable for retail investors and improving liquidity without impacting company fundamentals.
- Can bonus shares lead to higher future returns?
While bonus shares don’t directly increase company value, they often reflect management confidence and can improve stock liquidity - both factors that can positively influence future returns.
- Is Wipro a good stock for long-term investors?
With a consistent bonus history, stable financials, and solid long-term returns, Wipro remains a compelling stock for patient investors seeking steady growth and capital preservation.