Introduction
India’s stock market has been home to some of the most inspiring business transformation stories — and Wipro stands tall among them. From selling vegetable oil to becoming one of the top IT companies in India, Wipro’s journey is nothing short of magical. If you're a stock market learner or just someone curious about business evolution, this blog will take you through a detailed case study of Wipro’s rise.
Let’s understand how a ₹2000 share came from humble beginnings, how Wipro stock split history helped retail investors, and how Azim Premji’s leadership made all the difference.
Wipro’s Humble Beginnings: From Vanaspati to Visionary Tech
Wipro was founded in 1945 by Mohamed Premji as Western India Vegetable Products Limited. The company originally sold hydrogenated oil (Vanaspati), soaps, and consumer care products. It was a traditional FMCG (Fast-Moving Consumer Goods) business with no connection to tech in those days.
In 1966, after Mohamed Premji passed away, his 21-year-old son Azim Premji took over the company. This was the turning point.
The Big Shift: Enter Azim Premji
Azim Premji’s leadership is a masterclass in vision and discipline. Despite his young age, he decided to diversify the business and entered the IT sector in the late 1970s and early 1980s.
Wipro began making microcomputers in 1981 in partnership with Sentinel Computers (USA).
Slowly, Wipro shifted towards software development, capitalizing on the global IT boom.
Azim Premji focused heavily on quality, innovation, and people-centric policies, which gave Wipro a stable foundation. Today, his name is synonymous with integrity and business transformation in India.
From Oil to IT : Key Milestones That Made Wipro a Global Brand
1980s – Wipro entered the tech business, focusing on hardware and software.
1990s – The company went global and started offering IT services to international clients.
2000s – Wipro expanded into BPO, consulting, and digital transformation.
Today – Wipro is a global IT powerhouse serving Fortune 500 clients in over 60 countries.
This shift from FMCG to IT is one of the most iconic in Indian corporate history — and a reason Wipro is among the top IT companies in India today.
Wipro Stock Journey: From ₹100 to Over ₹2000
If you had invested in Wipro stock in the 1980s, even with just 1 share, today you would have enjoyed massive wealth creation. Let’s break down the journey:
In the early 1990s, Wipro’s share price was around ₹100–₹150.
By 2000, during the IT boom, the stock had crossed ₹2000, becoming one of the darlings of Dalal Street.
Now here’s where it gets interesting...
Wipro Stock Split History and Bonuses: A Treat for Long-Term Investors
Wipro has always been shareholder-friendly. Over the years, the company has rewarded investors through multiple stock splits and bonus issues.
Wipro Stock Split and Bonus History
📊✅ Final Result:
If you had 1 share in 1981, you would now hold 1,53,600 shares in 2025!
What does this mean?
If you had 1 share in the 1990s, it would have multiplied to almost 1,53,600shares today due to stock splits and bonuses.
That’s the magic of compounding and long-term investing. Wipro gave not just price appreciation but wealth multiplication through smart capital distribution.
💰 What Is That Worth Today?
Let’s assume Wipro’s current share price is ₹250 (as of April 2025):
👉1,53,600 shares × ₹250 = ₹38,400,000(₹3.84 crore)
From just 1 share purchased in 1981, your investment would now be worth over
₹3.84 crore — and that too without counting dividends! 💸
This is the power of stock splits, bonus shares, and staying invested for the long term. Wipro proves that with patience, even a small investment can turn into multi-generational wealth.
Business Expansion and Services: Wipro 2.0
Today, Wipro provides services in:
Cloud computing
Artificial Intelligence
Cybersecurity
Digital transformation
IT consulting
With over 250,000 employees globally and revenue of over ₹90,000 crore, Wipro is not just an Indian company anymore — it’s a global tech solutions provider.
Azim Premji: The Heart of Wipro
Let’s not forget the man who made it happen. Azim Premji, often called the Czar of the Indian IT Industry, donated a major portion of his wealth for education and philanthropy.
He is an example of ethical leadership and shows how Indian businesses can grow while staying rooted in values. Under his guidance, Wipro remained:
Debt-free
Transparent
Focused on sustainability
His legacy teaches entrepreneurs that growth doesn't have to come at the cost of integrity.
Why Wipro Matters for Investors and Students
Understanding Wipro’s case study is not just important for investors but also for students of business and the best stock market course in Meerut. It helps us learn:
Business transformation
Importance of leadership
Power of long-term investing
How stock splits and bonuses impact returns
Wipro vs Other IT Giants: Where Does It Stand?
Wipro might not always be the fastest-growing compared to TCS or Infosys, but it has:
Strong fundamentals
Consistent dividend payouts
Stable client base
It’s a good example of a conservative but reliable stock — suitable for long-term investors who like stability over hype.
Conclusion
Wipro's journey from Vanaspati to global IT speaks volumes about the power of vision, patience, and leadership. One share turned into wealth — and a legacy.
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Disclaimer: This blog is for educational purposes only. Stock market investments are subject to market risks; always do your own research or consult a financial advisor.