Wipro Buyback 2023 Record Date, Price & Ratio Details | tech99

Wipro’s Exciting Buyback Announcement in 2023

Hello there! We have some fantastic news for all the investors out there. Wipro has recently announced its buyback plan on April 27, 2023. While the exact date for the Wipro buyback to open is yet to be announced, we’re eagerly waiting for it to be disclosed soon.

To participate in this exciting buyback opportunity, you need to be aware of an important date. The Wipro buyback record date is set for June 16, 2023. So, make sure you purchase Wipro shares before this date to become eligible for the buyback offer.

Wipro Buyback 2023 Lead Managers

The board of directors at Wipro has given the green light for a massive buyback worth ₹12,000 crores. This decision was made during their meeting on April 27, 2023. The buyback process will be carried out using the Tender Offer route through the stock exchange mechanism.

Wipro plans to repurchase its fully paid-up equity shares, each with a face value of ₹2. These shares will be bought back at a price of ₹445 per Equity Share. The company aims to buy back shares worth a total amount not exceeding ₹12,000 crores from the shareholders.

Exciting, isn’t it? This buyback presents a fantastic opportunity for investors to participate in Wipro’s growth story. If you’re curious about all the nitty-gritty details of the Wipro Buyback 2023, keep reading below:

  • Buyback Open Date: To be announced soon.
  • Buyback Record Date: June 16, 2023.
  • Buyback Price: ₹445 per Equity Share.
  • Total Buyback Amount: Up to ₹12,000 crores.

This is certainly an exciting development for all the Wipro shareholders. We’ll keep you updated as more information about the buyback becomes available. Stay tuned to make the most of this wonderful investment opportunity.

If you have any queries or need further information, feel free to reach out to us. Happy investing!

Wipro Buyback History

Wipro Buyback 2023 Dates

Buyback Meeting Date:April 27, 2023
Buyback Announcement Date:April 27, 2023
Buyback Record Date:June 16, 2023
Last Date to Buy Shares:June 14, 2023
Buyback Open Date:June 22, 2023
Buyback Close Date:June 29, 2023
Finalization of Buyback Acceptance:July 5, 2023

Wipro Buyback 2023 Offer Details

Wipro Buyback 2023: A Lucrative Opportunity for Investors

Greetings, dear investors! Today, we bring you exciting news about Wipro Limited, a renowned multinational corporation headquartered in Bengaluru, Karnataka, India. Wipro specializes in offering a wide range of services, including information technology, consulting, and business process solutions. With a global presence, they cater to various industries such as Personal care, Health care, Lighting, Furniture, Pharmaceuticals, Semiconductors, Natural resources, and many more.

Now, let’s dive into the details of the highly anticipated Wipro Buyback for 2023. The company plans to repurchase a total of 26,96,62,921 equity shares at an attractive price of ₹445 per equity share. This buyback offer is set not to exceed ₹12,000 crores in total.

Offer Amount:₹12,000 Crores
Number of Shares:26,96,62,921 Equity Shares
Face Value:₹2 per equity share
Buyback Price:₹445 per equity share
Listing:BSE, NSE
Buyback Type:Tender Offer
Letter of Offer:Click Here

If you’re considering participating in this buyback, here’s a helpful tip. To make the most of this opportunity, investors are recommended to purchase around 449 shares at the prevailing market price of ₹375 (as of April 27, 2023). By doing so, you can maximize your potential returns. To calculate this, you can divide ₹2,00,000 (your investment amount) by ₹445 (the buyback price), resulting in approximately 449 shares.

Wipro Buyback 2023 Acceptance Ratio

Acceptance RatioInvestmentShares BuybackProfit
33%₹1,68,539148₹10,382
50%₹1,68,539225₹15,730
75%₹1,68,539337₹23,596
100%₹1,68,539449₹31,461

Wipro Financial Report

₹ in Crores
YearRevenueExpensePAT
2020₹52,884₹40,735₹8,681
2021₹52,682₹38,648₹10,061
2023₹64,281₹47,531₹12,135

Now, let’s discuss eligibility. To take part in the Wipro Buyback 2023 scheme, investors must have Wipro shares in their Demat account as of the upcoming date, which will be updated soon. If you fulfill this criterion, you can participate by selling your shares as per the opening form. Rest assured, the payment for the accepted shares under the Wipro buyback scheme will be promptly provided by the company.

Wipro Buyback of ₹12,000 crores

This buyback scheme presents a golden opportunity for investors to unlock the potential value of their Wipro shares. As a shareholder, this initiative allows you to actively participate in the growth and prosperity of the company.

How to Participate in Wipro Buyback 2023

Remember, keep an eye out for the upcoming announcement regarding the opening date of the Wipro Buyback 2023. We will ensure you receive all the necessary updates to make informed investment decisions.

If you have any queries or need further assistance, please don’t hesitate to reach out to us. Get ready to seize this exciting investment opportunity and embark on a prosperous journey with Wipro. Happy investing!

How to Apply the Wipro Buyback through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on Corporate Actions. You will see the Company Name “Wipro”. Click on Place Order. Enter your Quantity and submit Wipro Buyback Application Form.

How to Apply the Wipro Buyback through Upstox?

Log in to Upstox Application with your credentials. Select the Wiproount Section. You will see the Company Name “Wipro”. Click on Wipro Stock for Buyback. Enter your Quantity and submit Wipro Buyback Application Form.

How to Apply the Wipro Buyback through Wipro Money?

Log in to Wipro Money Application with your credentials. Select the Wipro. Enter your Quantity and submit Wipro Buyback Application Form.

Wipro Buyback 2023 FAQs

When is Wipro Buyback 2023 Record Date?

Wipro buyback 2023 record date is June 16, 2023.

When is Wipro Buyback 2023 Open Date?

Wipro buyback 2023 open date is June 22, 2023.

What is Wipro Buyback 2023 Price?

The company has fixed the price at ₹445 per share.

Open FREE Demat Account
 Broker Brokerage A/C Open
 Upstox ₹20 per trade* ₹0 / FREE
 Zerodha ₹20 per trade* ₹200 p.a.


IPO watch
Welcome to IPOWatch, India’s one of the leading IPO Portals. At IPOWatch, we provide detailed information about Upcoming IPO, IPO DRHP Filing, Grey Market UpdatesLive IPO SubscriptionIPO Allotment Status, NCD Issue, BuyBack Offers & Rights Issue. If you want to get an update on the latest IPOs & SME IPOs visit our portal regularly and gather information about the IPOs and more. Industry experts & big brands mention IPOWatch for the regular grey market updates.

275 thoughts on “Wipro Buyback 2023 Record Date, Price & Ratio Details | tech99”

  1. brillx casino официальный сайт
    брилкс казино
    В 2023 году Brillx предлагает совершенно новые уровни азарта. Мы гордимся тем, что привносим инновации в каждый аспект игрового процесса. Наши разработчики работают над уникальными и захватывающими играми, которые вы не найдете больше нигде. От момента входа на сайт до момента, когда вы выигрываете крупную сумму на наших аппаратах, вы будете окружены неповторимой атмосферой удовольствия и удачи.Сияющие огни бриллкс казино приветствуют вас в уникальной атмосфере азартных развлечений. В 2023 году мы рады предложить вам возможность играть онлайн бесплатно или на деньги в самые захватывающие игровые аппараты. Наши эксклюзивные игры станут вашим партнером в незабываемом приключении, где каждое вращение барабанов приносит невероятные эмоции.

    Reply
  2. Pingback: fuck google
  3. Pingback: fuck google
  4. To read true to life scoop, follow these tips:

    Look for credible sources: https://www.naucat.com/images/jkk/?when-conveying-bad-or-distasteful-news-to-the.html. It’s material to secure that the newscast roots you are reading is reputable and unbiased. Some examples of reputable sources categorize BBC, Reuters, and The New York Times. Read multiple sources to get back at a well-rounded aspect of a discriminating info event. This can better you listen to a more ideal facsimile and escape bias. Be in the know of the position the article is coming from, as flush with good report sources can have bias. Fact-check the gen with another source if a news article seems too sensational or unbelievable. Till the end of time be persuaded you are reading a known article, as news can change quickly.

    By means of following these tips, you can evolve into a more au fait rumour reader and more wisely be aware the beget around you.

    Reply
  5. Absolutely! Find news portals in the UK can be awesome, but there are many resources at to cure you espy the best one as you. As I mentioned before, conducting an online search representing https://blog.halon.org.uk/pag/what-is-laura-ingle-s-age-exploring-laura-ingle-s.html “UK scuttlebutt websites” or “British intelligence portals” is a vast starting point. Not only determination this give you a thorough slate of report websites, but it choice also provide you with a better understanding of the in the air story scene in the UK.
    Once you obtain a list of embryonic rumour portals, it’s prominent to gauge each anyone to shape which best suits your preferences. As an exempli gratia, BBC Advice is known benefit of its objective reporting of intelligence stories, while The Custodian is known for its in-depth criticism of partisan and group issues. The Self-governing is known pro its investigative journalism, while The Times is known in search its business and investment capital coverage. Not later than arrangement these differences, you can choose the rumour portal that caters to your interests and provides you with the hearsay you call for to read.
    Additionally, it’s usefulness considering local news portals because explicit regions within the UK. These portals produce coverage of events and news stories that are akin to the область, which can be exceptionally cooperative if you’re looking to keep up with events in your local community. In search instance, provincial good copy portals in London number the Evening Canon and the Londonist, while Manchester Evening Hearsay and Liverpool Reflection are hot in the North West.
    Blanket, there are diverse tidings portals readily obtainable in the UK, and it’s high-ranking to do your digging to remark the united that suits your needs. By means of evaluating the unalike news portals based on their coverage, luxury, and essay angle, you can decide the a person that provides you with the most apposite and captivating news stories. Meet luck with your search, and I hope this bumf helps you come up with the correct news portal for you!

    Reply
  6. Pingback: porn
  7. Pingback: child porn
  8. Pingback: child porn
  9. Pingback: porn
  10. Pingback: child porn
  11. Pingback: porn
  12. Pingback: porn

Leave a Comment