Wipro is gold

1000 invested in "Wipro ltd" during 1980's turns up to 50crs now.Nay, that wasn't a crumbling PJ.

Wipro came out with its IP0 at 100 bucks in the year 1980.Your cohorts/associates/relatives/in laws/acquaintances may have delinquently applied for it and received 10 shares in allotment.Check how it changed their lives.

In 1981 company declared 1:1 bonus = 10 shares turn 20 shares

In 1985 company declared 1:1 bonus = 20 shares to 40 shares

In 1986 company split FV from 100 to 10 = 40 transformed to 400 shares

In 1987 company declared 1:1 bonus = 400 to 800 shares

In 1989 company declared 1:1 bonus = 800 to 1600 shares

In 1992 company declared 1:1 bonus = 1600 doubles to 3200 shares

In 1995 company declared 1:1 bonus = 3200 to 6400 shares

In 1997 company declared 1:2 bonus = 6400 triples to 19200 shares

In 1999 company split FV from 10 to 2 = Shares increased 5 times to 96000 shares

In 2004 company declared 1:2 bonus = It increases to 288000 shares

In 2005 company declared 1:1 bonus =Doubles to 576000 shares

In 2010 company declared 3:2 bonus = Shares increases to 960000 shares

So whoever invested 1000 bucks in Wipro in the 1980's would have 9.6 lakhs shares now.Wipro on today quotes around 440rs.So 440*9.6 lakh shares would come to a value of 42crs 25 lakhs.Adding up dividends would escalate the figure to around 50crs.