Wipro owner: the Premji family and trust hold 72.58%, mostly through three partnership firms
Wipro is owned by the Premji family and the Azim Premji Trust. The promoter group holds 72.58%, mostly through three partnership firms (Zash, Prazim and Hasham Traders) and the trust.
Wipro is owned by the Premji family and their trust: the promoter group holds 72.58% of the company as of the September 2026 quarter, mostly through three partnership firms controlled by Azim Premji that hold about 59.5% together. The rest is held by institutions and the public, which own about 27%. The split comes from Wipro’s own shareholding filing for 30 September 2026. 12
Who owns Wipro? Promoter holdings
| Promoter entity | Stake |
|---|---|
| Zash Traders (partnership, Azim Premji partner) | 20.98% |
| Prazim Traders (partnership) | 20.58% |
| Hasham Traders (partnership) | 17.98% |
| Azim Premji Trust | About 6.5% (642 million shares) |
| Azim Premji (individual) | 4.12% |
| Rishad Premji and Tariq Premji | 0.13% each |
| Azim Premji Philanthropic Initiatives | 0.26% |
| Total promoter and promoter group | 72.58% |
The filing notes that Azim Premji disclaims beneficial ownership of the 642 million shares held by the Azim Premji Trust and of 26.2 million shares held by Azim Premji Philanthropic Initiatives. The Trust’s share is approximated from that note. 13
Who controls Wipro?
Azim Premji inherited a cooking-oil company called Western India Vegetable Products and turned it into Wipro, a global technology-services provider. His son Rishad Premji is chairman of Wipro, according to the filing notices reported by Moneycontrol, and the family’s control sits in the partnership firms and the trust. Our Wipro company page covers the history. 34
How did the Premji family shuffle its holdings?
In June 2025 the Azim Premji Trust sold shares to the family partnerships in inter-se transfers among promoters: it sold 18.05 crore shares on 11 June at ₹258.99 and 20.23 crore shares on 9 June at ₹250. Hasham Traders, Prazim Traders and Zash Traders bought them. These deals moved shares between members of the same promoter group, so the total promoter holding was not affected, and Zash Traders’ stake rose by 1.16 percentage points. 35
Who owns the public part of Wipro?
Public shareholders hold about 27%, made up of foreign and domestic institutions, mutual funds, insurers and retail investors. No public shareholder holds a stake comparable to the promoter entities, and promoter ownership has been steady near 72.6% for the last four quarters. 25
Is Wipro a private or public company?
Wipro is listed on the NSE and BSE and its shares are also traded in the United States as American Depositary Receipts. The promoter group’s 72.58% is below the 75% ceiling that India’s rules set for listed companies. 16
How much is the Premji family worth?
On the M3M Hurun India Rich List 2026, Azim Premji and family ranked eighth with ₹2.63 lakh crore, as reported by Business Standard. See our list of the top 10 richest people in India and our guide to tech billionaires in India. 7
What happens next
The next shareholding pattern is due after the December 2026 quarter. Further transfers inside the promoter group are possible, but the total is unlikely to move much. For other IT owners, read who owns Infosys.
Frequently asked questions
Who is the owner of Wipro?
Wipro is owned by the Premji family and the Azim Premji Trust, which together hold 72.58% as promoters as of September 2026. Public shareholders hold the rest.
Who is the chairman of Wipro?
Rishad Premji, son of founder-chairman Azim Premji, is chairman of Wipro.
What are Zash, Prazim and Hasham Traders?
Zash Traders holds 20.98%, Prazim Traders 20.58% and Hasham Traders 17.98%, all partnerships in which Azim Premji is the partner representing the firm.
How much is the Premji family worth?
Azim Premji and family ranked eighth on the Hurun India Rich List 2026 with ₹2.63 lakh crore.
