Wipro Ltd

NSE: WIPRO BSE: 507685

₹214.09

(-2.28%)

Fri, 13 Feb 2026, 05:16 pm

MTF 5xInvest in Wipro Ltd with 5x Leverage Buy with MTF

Market Cap2293.52B

PE Ratio16.93

Dividend5.03

Technology Services

Information Technology Services

24.5K

Company 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