Wipro Buyback 2026 Of Rs 15,000 Cr: How Investors Can Earn 19% Gains On Wipro; Fees, LTCG, STCG More Details

Wipro Ltd. announced a buyback offer of Rs 15,000 crore on April 16. The tech giant has proposed to buyback at least 60 crore shares at an issue price of Rs 250 apiece. This buyback offers an opportunity to eligible investors in selling their shares back to Wipro at a premium of 19%. It needs to be noted that any buyback by listed companies does face various fees and tax implications. Hence, here is everything that you need to know about Wipro buyback.

Wipro Buyback 2026:

In a board meeting held on April 16, Wipro declared a buyback offer of 60 crore equity shares worth approximately Rs 16,000 crore. The issue price has been fixed at Rs 250 per share with a face value of Rs 2 each.

The buyback offer represents at least 5.7% of the total paid-up equity share capital of the company.

Wipro said, the actual number of securities and percentage of the existing paid-up capital bought back shall be ascertained following completion of the buyback. Also, the post buyback shareholding pattern of the Company shall be ascertained following completion of the buyback.

The last buyback of Wipro was in April 2023, where it bought back shares worth Rs 12,000 crore at Rs 223 per share, which was at a premium of 18% for investors. Before that Wipro carried buyback of Rs 9,500 crore in October 2020 and Rs 10,500 crore in April 2019.

Wipro Pre-Buyback Shareholding Pattern:

As of April 10, 2026, the promoter and promoter group category holds 72.62% stake in Wipro, followed by a 4.26% stake by financial institutions, banks and mutual funds. Meanwhile, an 11.86% stake in Wipro is held by foreign investors. Lastly, 11.26% stake is currently held by Indian public, corporates and other investors.

To understand how you benefit from Wipro buyback, you first need to understand how buybacks work.

What Is Buyback?

The literal meaning of buyback is the name itself. Simply put, buybacks or popularly called as share repurchase, is a corporate action by listed companies. Under buybacks, the respective company buys back its own shares from shareholders. They fix a higher buyback price than compared to current market price.

Hence, under Wipro buyback, there is an opportunity to gain nearly 19% when selling Wipro shares back to the company promoters.

Wipro Buyback Price Vs Wipro Share Price:

The Wipro buyback price is fixed at Rs 250. This is at a premium of 18.93% from the current market price.

The current market price is at Rs 210.20 apiece on BSE, after the closing bell on April 16.

Assuming Wipro share price floats around Rs 210 during the record date, you have the opportunity to benefit up to 19% gains accordingly by participating in the buyback.

Key details like when the buyback will open, its record date, its ex-date and closing date is likely to be announced in due course.

Currently, majority of companies are carrying tender offer method for buybacks.

How Does Buyback Works?

According to Zerodha FAQs, under the tender offer, the company makes an offer to buy back its stocks at a specific offer price. You can tender (sell) your stocks in response to this offer, and the amount is credited to your primary bank account.

You can apply for more stocks than your entitlement or eligibility. However, if more stocks are tendered than the entitlement, the company's acceptance ratio determines how many of those additional stocks are accepted. The Registrar and Transfer Agent (RTA) returns any unaccepted stocks to your demat account.

Buyback Charges:

As of now, the cost for buyback in tender offer is up to Rs 20 + GST.

However, Zerodha highlighted that you are eligible for all corporate action benefits, including buybacks, even if your stocks are pledged. However, you need to unpledge your stocks before tendering them in the buyback. Pledged stocks and T1 holdings are not considered for buybacks.

Buyback Tax Rates:

Currently, there are long term and short term capital gains imposed on gains you make through buyback. These include:

Long-term Capital Gains Tax: 12.5% capital gains tax is levied if you have held the shares for more than 12 months.

Short-term Capital Gains Tax: 20% capital gains tax if you have held the shares for less than 12 months.

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