Wipro and Its Bonus Shares

by Editor January 10, 2023

History of Bonus Shares of Wipro: If you want to know how good companies make millionaires and billionaires, then Wipro’s stock can be looked at.

If one would have bought only 100 shares of Wipro initially, then the number of those shares has now increased to more than 2 crores.

This miracle has happened because of the bonus shares. Wipro has consistently given bonus shares to its investors.

If someone had bought the shares of Wripo in the initial round, then he would have got the benefit of bonus and share split about 14 times.

Come let us know how the common shareholders of WIPO have become not only millionaires but also billionaires.

A Brief History of Wipro

Wipro is a big IT company today, but Wipro started in the business of soap and vegetable oil. Wipro was started in 1945 in a village named Alamner located in Maharashtra.

Today everyone in this village is a millionaire. Every family has shares of Wipro. As soon as a child is born in this village, the villagers buy some shares of Wipro in his name.

This is the reason why even a village child becomes a millionaire when he grows up. This is the reason why most of the people of this village are millionaires today.

How Wipro Stock Made a Billionaire

Wipro has been an IT company that has consistently given good returns to investors. If a person had bought Wipro shares worth Rs 10,000 in 1980, he would have become a billionaire today.

The value of this investment of Rs 10,000 has now increased to around Rs 1,100 crore. Bonus shares and split shares have been included in this return of Wipro shares.

However, this return does not include dividends, which run into lakhs of rupees.

Know How 100 Shares Became More Than 2 Crore Shares

If someone had bought Wipro shares worth Rs 10,000 about 42 years ago (in 1980), he would have been issued 100 Wipro shares at that time.

Later these 100 shares, including bonus shares and split shares, have become more than 2 crore shares today.

At the same time, the value of these shares is currently around Rs 1100 crore. Let us know how all this happened.

History of Wipro’s Bonus and Share Split

An investor who invested Rs 10,000 in Wipro shares in 1980 got 100 shares of Wipro. 100 shares increased to 25536000 shares after bonus share and split.