Wipro Bonus History: Bonus Shares, Ratios & Timeline
Check the complete Wipro Bonus History from 1971 to 2024, including historical bonus ratios, major bonus issues, examples and frequently asked questions.
Wipro Bonus History is important for investors who want to understand how Wipro has rewarded its shareholders through bonus share issues over the years.
Wipro has a long history of bonus issues beginning in 1971. The historical list covered in this article includes bonus issues from 1971 through the latest 2024 bonus issue.
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 bonus ratios covered in this article.
| Bonus Year | Bonus Ratio | Bonus Meaning |
|---|---|---|
| 2024 | 1:1 | 1 additional share for every 1 share |
| 2019 | 1:3 | 1 additional share for every 3 shares |
| 2017 | 1:1 | 1 additional share for every 1 share |
| 2010 | 2:3 | 2 additional shares for every 3 shares |
| 2005 | 1:1 | 1 additional share for every 1 share |
| 2004 | 2:1 | 2 additional shares for every 1 share |
| 1997 | 2:1 | 2 additional shares for every 1 share |
| 1995 | 1:1 | 1 additional share for every 1 share |
| 1992 | 1:1 | 1 additional share for every 1 share |
| 1989 | 1:1 | 1 additional share for every 1 share |
| 1987 | 1:1 | 1 additional share for every 1 share |
| 1985 | 1:1 | 1 additional share for every 1 share |
| 1981 | 1:1 | 1 additional share for every 1 share |
| 1971 | 1:3 | 1 additional share for every 3 shares |
What Is a Wipro Bonus Share?
A bonus share is an additional share issued by a company to its existing eligible shareholders without requiring them to make an additional payment for those shares.
The bonus ratio determines how many additional shares a shareholder receives based on the number of shares already held.
For example, a 1:1 Wipro bonus means that an eligible shareholder receives 1 additional share for every 1 share held.
How Many Times Has Wipro Given Bonus Shares?
Based on the historical bonus data listed in this article, Wipro has announced 14 bonus issues.
Wipro’s bonus history starts in 1971, when the company announced a bonus issue at a ratio of 1:3.
The company subsequently announced bonus issues at different intervals, including 1981, 1985, 1987, 1989, 1992, 1995, 1997, 2004, 2005, 2010, 2017, 2019 and 2024.
Wipro Bonus History After 2000
Wipro announced several important bonus issues after 2000. The major bonus issues during this period include:
Wipro Bonus 2024
The latest bonus entry covered in this Wipro Bonus History article is the 2024 bonus issue at a 1:1 ratio.
Under a 1:1 bonus ratio, eligible shareholders receive one additional Wipro share for every one share held on the applicable record date.
| 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 |
Eligibility for a bonus issue depends on the company’s announced record date and applicable corporate-action conditions.
Wipro Bonus Ratio Explained
Understanding the bonus ratio is important when studying Wipro bonus shares.
1:1 Wipro Bonus
A 1:1 bonus means shareholders receive one additional share for every one share held.
1:3 Wipro Bonus
A 1:3 bonus means shareholders receive one additional share for every three shares held.
2:1 Wipro Bonus
A 2:1 bonus means shareholders receive two additional shares for every one share held.
2:3 Wipro Bonus
A 2:3 bonus means shareholders receive two additional shares for every three shares held.
Wipro Bonus History From 1971 to 2024
Wipro’s bonus history spans more than five decades. The company announced bonus issues at different intervals as its business and capital structure evolved.
Wipro First Bonus Issue – 1:3
Wipro’s first listed bonus issue in the historical list used for this article was announced in 1971 at a ratio of 1:3.
This means one additional share for every three shares held.
Wipro Bonus Issue – 1:1
Wipro announced another bonus issue in 1981 at a ratio of 1:1.
Wipro Bonus Issue – 1:1
The company announced another 1:1 bonus issue in 1985.
Wipro Bonus Issue – 1:1
Wipro announced a 1:1 bonus issue in 1987.
Wipro Bonus Issue – 1:1
Another 1:1 bonus issue was announced in 1989.
Wipro Bonus Issue – 1:1
Wipro announced a 1:1 bonus issue in 1992.
Wipro Bonus Issue – 1:1
The historical list includes another 1:1 bonus issue in 1995.
Wipro Bonus Issue – 2:1
Wipro announced a 2:1 bonus issue in 1997.
This means two additional shares for every one share held.
Wipro Bonus Issue – 2:1
Wipro announced another 2:1 bonus issue in 2004.
Wipro Bonus Issue – 1:1
The company announced a 1:1 bonus issue in 2005.
Wipro Bonus Issue – 2:3
Wipro announced a 2:3 bonus issue in 2010.
Eligible shareholders received two additional shares for every three shares held.
Wipro Bonus Issue – 1:1
Wipro announced another 1:1 bonus issue in 2017.
Wipro Bonus Issue – 1:3
Wipro announced a 1:3 bonus issue in 2019.
Wipro Latest Bonus Issue – 1:1
The latest bonus entry covered in this article is 2024, with a bonus ratio of 1:1.
Under a 1:1 bonus, shareholders receive one additional share for every one share held, subject to eligibility.
Wipro Bonus History – Year-wise Table
| Year | Bonus Ratio | Additional Shares |
|---|---|---|
| 1971 | 1:3 | 1 for every 3 |
| 1981 | 1:1 | 1 for every 1 |
| 1985 | 1:1 | 1 for every 1 |
| 1987 | 1:1 | 1 for every 1 |
| 1989 | 1:1 | 1 for every 1 |
| 1992 | 1:1 | 1 for every 1 |
| 1995 | 1:1 | 1 for every 1 |
| 1997 | 2:1 | 2 for every 1 |
| 2004 | 2:1 | 2 for every 1 |
| 2005 | 1:1 | 1 for every 1 |
| 2010 | 2:3 | 2 for every 3 |
| 2017 | 1:1 | 1 for every 1 |
| 2019 | 1:3 | 1 for every 3 |
| 2024 | 1:1 | 1 for every 1 |
Does a Wipro 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 total market value of the investment.
For example, assume an investor owns 100 Wipro shares and the company announces a 1:1 bonus. After the bonus, the investor may hold 200 shares.
However, the market price is generally adjusted to reflect 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 a Wipro investment depends on the company’s business performance, earnings, valuation, dividends and future market price — not simply on the number of bonus shares received.
Did Wipro Give a Bonus in 2023?
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 transforming into a global technology and IT services company.
Today, Wipro provides technology, consulting and business services to clients across multiple industries and geographical markets.
Wipro’s Major Business Areas
- IT consulting
- Digital transformation
- Cloud services
- Cybersecurity
- Artificial intelligence
- Data and analytics
- Software and technology services
- Business process services
- Engineering services
Wipro Bonus History FAQs
Wipro Bonus History – Key Takeaway
Wipro has a long history of bonus issues beginning with the 1971 1:3 bonus issue. The company subsequently 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.
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