Wipro bonus history is important for investors who want to understand how the company has rewarded its shareholders over the years. Wipro has announced several bonus issues since 1971, with the latest bonus issue in 2024 at a ratio of 1:1.
In this article, we cover the complete Wipro bonus share history, bonus ratios, important bonus issues and whether Wipro gave bonus shares in 2023.
Wipro Bonus History
The following table shows the historical Wipro bonus issues and their bonus ratios:
| Year | Bonus Ratio |
|---|---|
| 2024 | 1:1 |
| 2019 | 1:3 |
| 2017 | 1:1 |
| 2010 | 2:3 |
| 2005 | 1:1 |
| 2004 | 2:1 |
| 1997 | 2:1 |
| 1995 | 1:1 |
| 1992 | 1:1 |
| 1989 | 1:1 |
| 1987 | 1:1 |
| 1985 | 1:1 |
| 1981 | 1:1 |
| 1971 | 1:3 |
What Is a Wipro Bonus Share?
A bonus share is an additional share given by a company to its existing eligible shareholders without any additional payment.
The bonus ratio determines how many new shares a shareholder receives based on the number of shares already held.
For example, a 1:1 bonus means that an eligible shareholder receives 1 additional share for every 1 share held.
If an investor owns 100 Wipro shares before a 1:1 bonus issue, the investor would receive 100 additional shares, taking the total holding to 200 shares, subject to the applicable record-date eligibility.
How Many Times Has Wipro Given Bonus Shares?
Based on the historical bonus data listed above, Wipro has announced 14 bonus issues.
The company’s bonus history starts in 1971, when Wipro announced a bonus issue in the ratio of 1:3.
Wipro subsequently announced bonus issues at different intervals, including 1981, 1985, 1987, 1989, 1992, 1995, 1997, 2004, 2005, 2010, 2017, 2019 and 2024.
The 2024 bonus issue with a 1:1 ratio is the latest bonus entry in this historical list.
Wipro Bonus History After 2000
Wipro announced several bonus issues after 2000. The major bonus issues during this period include:
- 2004 – 2:1
- 2005 – 1:1
- 2010 – 2:3
- 2017 – 1:1
- 2019 – 1:3
- 2024 – 1:1
The 2024 bonus issue is particularly important for investors researching the latest Wipro bonus share history.
Wipro Bonus 2024
Wipro announced a 1:1 bonus issue in 2024.
Under a 1:1 bonus ratio, eligible shareholders receive one additional Wipro share for every one share held on the applicable record date.
For example:
| Shares Held | Bonus Ratio | Bonus Shares | Total Shares |
|---|---|---|---|
| 10 | 1:1 | 10 | 20 |
| 50 | 1:1 | 50 | 100 |
| 100 | 1:1 | 100 | 200 |
| 500 | 1:1 | 500 | 1,000 |
The actual eligibility for a bonus issue depends on the company’s announced record date and other applicable corporate-action conditions.
Wipro Bonus Ratio Explained
Understanding the bonus ratio is important when looking at Wipro’s corporate actions.
A 1:1 bonus means shareholders receive one additional share for every one share held.
For example, if you own 100 shares:
100 existing shares + 100 bonus shares = 200 shares
1:3 Bonus
A 1:3 bonus means shareholders receive one additional share for every three shares held.
For example, if you own 300 shares:
300 existing shares + 100 bonus shares = 400 shares
2:1 Bonus
A 2:1 bonus means shareholders receive two additional shares for every one share held.
For example, if you own 100 shares:
100 existing shares + 200 bonus shares = 300 shares
2:3 Bonus
A 2:3 bonus means shareholders receive two additional shares for every three shares held.
For example, if you own 300 shares:
300 existing shares + 200 bonus shares = 500 shares
Does a Bonus Issue Increase Your Investment Value?
A bonus issue increases the number of shares held by an investor, but it does not automatically create an equivalent increase in the value of the investment.
For example, assume an investor owns 100 shares, and the company announces a 1:1 bonus. After the bonus, the investor may have 200 shares.
The market price is adjusted to account for the increased number of shares. Therefore, investors should not assume that a bonus issue by itself doubles the value of their investment.
The future value of the investment depends on the company’s performance and the market price of its shares.
Wipro Bonus History From 1971 to 2024
Wipro’s bonus history goes back more than five decades.
The company announced its first bonus issue in 1971, with a ratio of 1:3. It subsequently announced bonus issues over different periods as the company expanded and its capital structure evolved.
Some notable years in Wipro’s bonus history include:
1971 → 1:3
1981 → 1:1
1985 → 1:1
1997 → 2:1
2004 → 2:1
2010 → 2:3
2017 → 1:1
2019 → 1:3
2024 → 1:1
The 2024 bonus issue is currently the latest entry in the bonus history covered in this article.
Wipro Company Overview
Wipro Limited is a multinational technology services and consulting company headquartered in Bengaluru, Karnataka, India.
The company was founded in 1945 as Western India Vegetable Products Limited. It initially operated in the consumer products sector before gradually transforming into a global technology and IT services company.
Today, Wipro provides technology and consulting services to businesses across multiple industries and geographical markets.
Wipro’s Major Business Areas
Wipro’s business activities include:
- IT consulting
- Digital transformation
- Cloud services
- Cybersecurity
- Artificial intelligence
- Data and analytics
- Software and technology services
- Business process services
- Engineering services
The company has a global presence and serves clients across North America, Europe, Asia-Pacific and other international markets.
Wipro Bonus History: Frequently Asked Questions
How many times has Wipro given bonus shares?
Based on the historical list in this article, Wipro has announced 14 bonus issues.
What is the bonus history of Wipro?
Wipro’s bonus history begins in 1971 with a 1:3 bonus issue. The company subsequently announced bonus issues in several years, including 1981, 1985, 1987, 1989, 1992, 1995, 1997, 2004, 2005, 2010, 2017, 2019 and 2024.
What was Wipro’s latest bonus issue?
Wipro’s latest bonus issue in the list is 2024, with a 1:1 bonus ratio.
What was Wipro’s first bonus issue?
Wipro’s first listed bonus issue was in 1971, with a bonus ratio of 1:3.
Did Wipro give a bonus in 2023?
No. There is no 2023 bonus issue in the Wipro bonus history listed in this article. The previous bonus was in 2019, followed by the 2024 bonus issue.
What does a 1:1 Wipro bonus mean?
A 1:1 Wipro bonus means an eligible shareholder receives one additional share for every one share held on the applicable record date.
What does a 1:3 Wipro bonus mean?
A 1:3 Wipro bonus means an eligible shareholder receives one additional share for every three shares held.
What does a 2:1 Wipro bonus mean?
A 2:1 Wipro bonus means an eligible shareholder receives two additional shares for every one share held.
Is a bonus share free?
Yes. Bonus shares are issued to eligible existing shareholders without requiring them to pay the company an additional amount for those shares.
However, the market price is generally adjusted after a bonus issue because the total number of shares increases.
Wipro Bonus History – Key Takeaway
Wipro has a long history of bonus issues, beginning with its first listed bonus issue in 1971.
The company has announced bonus issues at different intervals, including several major bonus issues after 2000. The latest bonus entry covered in this article is 2024, with a 1:1 ratio.
For investors researching Wipro bonus history, it is important to consider the bonus ratio, record date, ex-bonus date and other corporate-action details rather than looking only at the number of shares received.
Investors should also remember that a bonus issue increases the number of shares but does not, by itself, increase the underlying value of the investment.
Also Read: Wipro Share Price History |Berger Paints Bonus History
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