Wipro Ltd
NSE: WIPRO BSE: 507685
₹197.45
(1.17%)
Sat, 23 May 2026, 09:56 am
Market Cap2046.04B
PE Ratio15.70
Dividend5.64
Technology Services
Information Technology Services
24.5KCompany History
1941
- 8,000 shares subscribed by directors.
1945
- Incorporated on 29 December in Mumbai.
- Manufactured vegetable ghee, vanaspati, refined oils, salad oil, soap, waxes, tin containers; crushed and milled oils and oilseeds; traded oils and oilseeds; manufactured fluid power products.
- Products branded Kisan, Sunflower, Camel.
1946
- 9,000 shares offered at par to public in February-March.
1971
- Issued 5,667 bonus shares in 1:3 proportion.
1977
- Name changed from Western India Vegetable Products Ltd. to Wipro Products Ltd. effective 7 June.
1980
- Issued 22,667 bonus shares in 1:1 proportion.
- Diversified into information technology.
1982
- Name changed from Wipro Products Limited to Wipro Limited.
1983
- Undertook manufacturing facilities at Tumkur for hydraulic tipping systems.
1984
- Issued 45,334 bonus shares in 1:1 proportion.
- Issued 1,500 shares at par to employees.
- Name changed to Wipro Ltd. effective 28 April.
1986
- Subdivided equity shares; issued 9,21,680 bonus equity shares of Rs 10 each in 1:1 proportion.
1987
- Launched Ralak tulsi-based family soap and Wipro Jasmine toilet soap.
1988
- Diversified into heavy duty industrial cylinders and mobile hydraulic cylinders.
1989
- Set up joint venture Wipro GE Medical Systems Pvt. Ltd. with General Electric; became subsidiary in 1990.
- Issued 18,43,360 bonus shares in 1:1 proportion.
1990
- Launched Santoor talcum powder and Wipro Baby Soft.
- Established relationship with Eaton Corporation for hydraulic products marketing.
1991
- Launched tipping systems.
- Undertook high technology plant and R&D centre at Aurangabad for lamps.
- Launched Eaton hydraulic products.
- Set up Wipro Financial Services Ltd.
- Launched baby soft toiletries based on natural ingredients.
- Partnered with world leaders for medical, diagnostic, bio-analytical equipment.
1992
- Launched computed tomography, ultrasound, specialised x-ray systems; added products from Becton Dickinson, Bio-Rad Labs, Serono Diagnostics.
- Wipro Fluid Power developed hydraulic cylinders; introduced Sun Hydraulics cartridge valves; set up second unit at Hindupur.
- Issued 2,00,000 18.5% secured redeemable non-convertible debentures of Rs 100 each.
- Issued 19% non-convertible debentures of Rs 500,000,000.
- Subsidiaries: Wipro Infotech, Wipro Systems, Wipro Investment, Inlec Investment, Wipro GE Medical Systems.
- Issued 36,86,720 bonus shares in 1:1 proportion.
- Provided IT & IS consulting for E-business, E-commerce, ERP, data warehousing, CRM.
1993
- Launched Wipro Shikakai Herbal Power hair care product.
- Developed cylinders for excavators, backhoe loaders, wheel loaders.
- Proposed financial joint venture with Beckman Instruments for bio-analytical instruments.
- Wipro BioMed proposed Medical division for cardiology and patient monitoring products.
1994
- Set up overseas design centre Odyssey 21.
- Five manufacturing and development facilities secured ISO 9001 certification.
- Amalgamated Wipro Infotech and Wipro Systems with Wipro in April.
- Launched baby soft toiletries including soap, powder, oil; feeding bottles in 1994.
1995
- Commissioned second manufacturing facility at Hindupur with advanced technology.
- Developed portable ultrasound scanner Logiq X 100.
- Introduced olive oil enriched baby powder.
- Issued 76,38,545 bonus equity shares in 1:1 proportion.
- Allotted equity shares to shareholders of Wipro Infotech and Wipro Systems.
1996
- Registered office shifted from Mumbai to Bangalore.
1997
- Provided design and development services to technology sector.
- Signed MOU with Nenoki AG Switzerland for technical know-how.
1998
- Consumer Care manufactured Santoor soap; relaunched milk and rose soap; extended Wipro Shikakai to anti-dandruff soap; Camel brand leader in commercial segment.
- Issued 305,54,180 bonus shares in 2:1 proportion.
1999
- Formed Wipro Net.
- Acquired Wipro Acer.
- Launched Wipro Proline bilingual Line Matrix Printers.
- Set up language lab for regional languages.
- Wipro SuperGenius PCs obtained NSTL Y2K certification.
- Ended joint venture with Acer Computer International.
- Proposed split of Rs 10 shares into Rs 2 shares.
- Proposed new employee stock option plan.
- Formed joint venture with KPN for internet services as Wipro Net Limited.
- Picked up 4.85% equity stake in Kaashyap Radiant Systems Ltd.
2000
- Proposed ADR/GDR linked stock options up to $150 million.
- Set up new division for internet opportunities.
- Tied up with Vignette Corp for online business solutions.
- Became global implementation alliance partner of Mercator Software.
- Became second largest company by market capitalisation on BSE.
- Won STPI top award for software exports 1999-2000.
- Awarded first prize for outstanding export performance 1999-2000.
- Launched Wipro OSS Smart and Wipro WAP Smart solutions.
- Peripherals entered partnership with Kilburn Reprographics.
- Tied up with Microsoft for .Net software development.
- Peripherals Division hived off as employee-owned entity.
- Proposed new ESOP plan (WESOP 2000).
- Tied up with Bussan Systems Integration for mobile telecom technologies.
- Wipro Baby Soft declared Millennium Babies.
- ICRA reaffirmed A1+ rating for commercial paper programme.
- Bagged PC Quest User's Choice Awards 2000.
- Set up multiple digital exchanges for IT marketplace.
- Tied up with BNK group for call centre in eastern India.
- Citrix Systems tied up with Wipro to market software.
- Wipro Net expanded to 11 cities.
- Planned $150-300 million ADR issue.
- Launched 01Markets.com portal for IT industry.
- Filed registration statement for 2,750,000 ADS.
- Acquired properties from Cidco in Navi Mumbai for software facilities.
- Tied up with Software Technologies Corporation.
- Launched 01markets B2B digital marketplace.
- NetKracker tied up with LTtrade.com.
- Arun Thiagarajan moved to HP.
- Entered agreement with ICICI Venture for Net Kracker investment.
- Acquired 45% stake in Wipro Net from KPN Telecom.
2001
- Spun off peripherals services into Wipro e-Peripherals.
- Certified for ISO 14001 in three software development centres.
- Awarded ISO 9002 certification for network management, service implementation, and customer relationship management.
- Vivek Paul elected to California Chamber of Commerce Board.
- 01markets.com launched online trade fair 01 Web fair.
- Wipro Infotech's Software Enterprises won Top Partner of the Year 2000.
- Consumer Care and Lighting launched Compact Fluorescent Lamps under Wipro Smartlite.
- Wipro Net entered strategic tie-up with Speedera Networks.
- Azim Premji pledged shares for ICICI option agreement involving Wipro Net.
- Signed up with Intel for Itanium processor servers.
- Wipro ePeripherals tied up with Network Appliance for storage solutions.
- Communications business grew to Rs 1,044.61 crore.
- Amalgamated Wipro Net effective 1 April.
2002
- Mr. Hamir K Vissanji resigned from Board.
- Achieved SEI Level 5 and implemented Six Sigma TQM practices.
- Launched German operations in Frankfurt.
- Acquired 66% stake in Spectramind e-services, later increased to 90%.
- Issued 337 equity shares pursuant to stock options.
- P S Pai retired from Whole-time Directorship.
2003
- Appointed T K Kurien as President of Wipro HealthScience.
- Suresh Vaswani to head Telecom & Internet Service Provider vertical.
- Ehosting DataFort and Wipro signed MoU for disaster recovery solutions.
- Increased stake to 100% in Wipro Spectramind Services.
- Recognized as fastest wealth creator for 5 years.
- Wipro Spectramind bagged $10m BPO order from Microsoft.
- 01 Markets unveiled web-tendering solution.
- Launched laptops with Intel Centrino mobile processor.
- Azim Premji ranked 17th in Fortune's 25 most powerful business leaders outside US.
- Entered agreement to acquire NerveWire Inc. for $18.7 million.
- Wipro Spectramind topped annual ranking of third-party call centres and BPO companies.
- Entered exclusive agreement with Chandrika soap owners.
- Wipro Infotech tied up with Sistina Software Inc.
- Oriental Bank of Commerce chose Wipro for Centralized Banking Solution.
- Wipro01 Markets bagged first overseas customer Almana Group of Hospitals.
- Entered alliance with Witness Systems for contact centre solutions.
- Wipro Healthcare and Life Science Services inked pact with Malaysian company for healthcare informatics.
- Allotted 655 equity shares pursuant to stock options.
- Entered Bahrain market via Maskati Commercial Services.
- Set up training centre in Riyadh.
- Issued 8803 equity shares pursuant to stock options.
- Set up wholly owned subsidiary Wipro Consumer Care Limited.
- Signed master service agreement with General Motors.
- Partners with Excelergy.
2004
- Mr V Ramachandran appointed Company Secretary and Compliance Officer.
- Emerged as biggest wealth creator during April 1998-Mar 2003.
- Inked MoU with UAE centre.
- Israeli firm tied up with Wipro Spectramind.
- Joined billion dollar club.
- 01 markets sliced into two units for Wipro Technologies and Wipro Infotech.
- Bagged $1bn long-term outsourcing contract from Royal Dutch Shell Group.
- Acquired 50 acres of land from MIDC.
- Itqan Al Bawardi entered agreement with Wipro.
- Won multi-year contract from Loyalty Gate Ltd.
- Partnered with Intel for i-shiksha.
2005
- Partnered with NYSE on Corporate Governance website.
- Implemented Dubai Commodity Receipts application for Dubai Metals and Commodities Centre.
- Vivek Paul named one of Barron's 30 World's Most Respected CEOs.
- Signed contract with Karnataka Bank for asset liability management solution.
- Issued bonus shares in 1:1 ratio.
2006
- Global Command Center bagged NASSCOM IT innovation award.
- Acquired cMango Inc., US-based technology infrastructure consulting firm.
- Signed agreement to acquire Europe-based retail solutions provider Enabler.
2007
- Inked deal with Lockheed Martin.
- Entered agreement to acquire Oki Techno Centre Singapore Pte Ltd.
- Nokia Siemens Networks and Wipro signed R&D partnership contract in Germany.
2008
- Announced changes in IT Business management structure; Girish Paranjpe, Suresh Senapaty, Suresh Vaswani appointed to Board; Paranjpe and Vaswani as Joint CEOs.
- Saudi Arabian Airlines selected Wipro Arabia for next generation IT infrastructure transformation.
- Set up global service centre in Malaysia for infrastructure and application management.
2009
- Appointed Ralf Reich as Country Head for Germany.
- Dr Henning Kagermann joined Board of Directors.
- Awarded Teradata Partner Impact award in APAC emerging markets SI partner category.
- Partnered with Ariba to boost spend management initiatives.
2010
- Inaugurated new development centre in Melbourne.
- Bagged 10-year total outsourcing contract from TVS Sundram Iyengar & Sons.
- Joined hands with Hitachi to offer co-branded products and services.
- Jones Lang LaSalle Meghraj secured contract from Wipro for managing space in Bangalore, Mysore, and Mumbai.
- Central Bank of India signed 5-year strategic partnership with Wipro.
- Vodafone Essar signed Wipro to build and manage fixed line telecom services.
- Signed strategic contract with Financial Intelligence Unit India.
- Won 5-year IT outsourcing contract from Vasan Eye Care.
- Issued bonus shares in 2:3 ratio.
2011
- Partnered with Continuous Computing for 3G and LTE network solutions.
- Entered joint venture with Kawasaki to manufacture hydraulic pumps for excavators in India.
- Provided IT solution to UK-based OnStream Utility Metering Services.
- In deal to buy majority stake in Brazilian company.
- Infrastructure Engineering signed agreement with CESA (EADS subsidiary) for Aerospace & Defence manufacturing.
- Rajasthan Government selected Wipro for state portal enablement.
- DuPont Apollo Ltd signed agreement with Wipro EcoEnergy for supply of thin film.
2012
- Australia-based MMG selected Wipro as strategic partner.
- Acquired L.D. Waxson with skincare brands Bio-essence and Ginvera.
- Wipro Tech joined Car Connectivity Consortium to develop smartphone-based connected-car solutions.
- Technologies and Oracle partnered to offer Oracle Fusion HCM solution.
- Signed agreement to acquire Promax Applications Group for AUD 35 million.
- Won NASSCOM Corporate Award for Excellence in Diversity and Inclusion 2012.
2013
- Won NASSCOM Corporate Award for Excellence in Diversity and Inclusion 2012.
- Launched Wipro AssureHealth Platform on Microsoft Technologies.
- Won 3-year contract from Emirates NBD.
- Ranked amongst top 3 in IAOP’s Global Outsourcing 100 List.
- Launched 3rd edition of sustainability program earthian 2013 for schools and colleges.
- Launched Co-Innovation Center for SAP Solutions in Bangalore.
- Launched Mobility Center of Excellence with Kony in Hyderabad.
- Received National Award for Empowerment of Persons with Disabilities.
2014
- Won 2013 Global, Asian, and Indian MAKE Awards.
- Won ten-year integrated IT and BPO contract from Carillion Plc.
- Signed partnership with AxiomSL.
- Won managed services contract from DEN Networks.
- Won transformational IT applications and infrastructure engagement with 7-Eleven in Australia.
- Won strategic ten-year total outsourcing engagement with ATCO.
- Launched Global Customer Experience Center.
- Ranked global leader in Telecom R&D services for third consecutive year.
- Rated No.1 global engineering and R&D service provider by Zinnov.
2015
- Won $400m IT infrastructure deal from ABB.
- Awarded multi-year strategic infrastructure management contract by Allied Irish Banks.
- Partnered with Acquia for digital technology.
- Signed agreement with Nexenta.
- Digital selected by Lawn Tennis Association as digital technology services partner.
- Chelsea Football Club partnered with Wipro to transform digital journey, fan engagement, and in-stadia experience.
- Won 5-year strategic engagement with Coop Norge Handel AS.
- Positioned in Winner's Circle of HfS Blueprint Report on Trust as a Service.
- Won 2015 Aegis Graham Bell Award for Innovation in IoT.
- Business Process Services launched enterprise-Know Your Customer (e-KYC) automation solution for financial institutions.
2016
- Won ICSI National Award for Excellence in Corporate Governance for 2015.
- Awarded 7-year IT infrastructure contract by RSA.
- Awarded 5-year Strategic Infrastructure Management Contract by ASSA ABLOY.
- Received Innovation Award from Institute of Internal Auditors.
- Won NASSCOM Corporate Award for Excellence in Diversity and Inclusion 2016.
- Received 2015 EMC Global Growth Alliances Partner Award.
- Bagged IT contract from NSB Group.
- Received best IT Consultancy in Healthcare & Life Sciences and Product Innovation Award 2016 from Global Health & Pharma.
- Joined Oracle Cloud Managed Service Provider Program.
- Launched AgileBase Platform on Microsoft Azure to enhance DevOps adoption.
- Launched Open Banking API platform.
2017
- Digital TV Middleware solution powered Hisense 4K TVs.
- Partnered with PATH to improve health in developing countries.
- Partnered with and invested in Tradeshift to increase digitalization and automation across source-to-pay.
- Joined Industrial Internet Consortium.
- Rated as top digital service provider in retail by Zinnov.
- Organized 6th edition of Wipro earthian awards.
- Launched data service platform on IBM Bluemix.
- Offered IoT-based solution from HPE for wind parks and turbine manufacturers.
- Recognized as Best Collaboration Partner by LTA Singapore.
- Adjudged Best in Class Technology Provider for 2017.
- Won twelve-year contract from NHS Scotland.
- Partnered with Harte Hanks to offer marketing technology services.
- Positioned number 14 in Healthcare Informatics 100 Ranking.
- Partnered with First Book to donate books to Indianapolis students.
- Released NetOxygen v5.0.
- Launched Silicon Valley Innovation Center.
- Recognized with Elevate Texas award.
- Named winner of 2017 ISG Paragon Awards.
- Bagged Citrix Partner of the Year - India award.
- Became silver member of The Linux Foundation.
2018
- Launched solution for fraud and abuse in US healthcare insurance claims.
- Partnered with LATAM Cargo for multi-year cargo management.
- Bagged prestigious National IP Award.
- Bagged multi-year business process services deal from Falck.
- Won 2018 Nutanix Outstanding Innovation Partner Award.
- Wipro Digital acquired Australian design agency Syfte.
2019
- Introduced IT product TOPS CREW for global airlines.
- Recognized as Leader in 2019 Healthcare Payer Digital Services by Everest Group.
- Launched Digital Product Compliance lab in Hyderabad.
- Launched Edge Artificial Intelligence Solutions powered by Intel.
2020
- Planned launch of 5G edge services solutions suite built with IBM TRIRIGA and IBM Edge Application Manager.
- Bagged five-year software engineering services deal from ThoughtSpot.
- Recognized as winner of Data Estate Modernization 2020 Microsoft Partner of the Year.
2021
- Recognized as Gold Employer by India Workplace Equality Index (IWEI) 2021.
- Won 2020 Google Cloud Global Specialization Partner of the Year award.
- Ranked top service provider in Whitelane Research & Quint 2021 IT Outsourcing Study Netherlands.
2022
- Awarded 35th place in Computerworld Top 500 ICT Companies 2022.
- Selected as Dow Jones Sustainability World Index (DJSI) member for 13th consecutive year.
- Signed five-year multi-million dollar deal with Mazda Europe for application transformation.
- Signed multi-year digital transformation partnership with Finastra in Middle East.
- Announced launch of Capco in Middle East.
2023
- Wipro and Marelli created first Cabin Digital Twin viable product.
- Wipro earthian Awards 2022 felicitated excellence in sustainability education.
2024
- Issued bonus shares in 1:1 ratio.
- Extended relationship with John Lewis Partnership to complete cloud transformation project.
- Adopted Google Cloud AI technologies including Gemini to accelerate innovation and productivity.
- Expanded partnership with Nutanix to launch new offering.
- Wipro earthian Awards 2023 celebrated excellence in sustainability education.
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800