RIR Power Electronics Set for NSE Listing on July 16, Strengthening Position in Semiconductor Market
RIR Power Electronics Limited, a prominent manufacturer of high-power semiconductor devices and power electronics solutions in India, announced that its securities will be listed on the National Stock Exchange of India (NSE) starting Thursday, July 16, 2026. The listing follows the receipt of necessary approval from the exchange for trading its stock.The NSE listing marks a key milestone in the company’s corporate journey and is expected to enhance stock liquidity, improve price discovery, and broaden access to institutional and retail investors. RIR Power Electronics has maintained a presence in the capital markets since 1986, having been listed on BSE Limited.
Dr. Harshad Mehta, Non-Executive Chairman of RIR Power Electronics Ltd., commented on the event, stating that the proposed listing represents an important chapter in the company's growth journey. He highlighted that it reflects shareholder trust and employee dedication. Dr. Mehta added that the NSE listing will provide greater visibility in capital markets, strengthening investor confidence as the company expands its technological capabilities to support India’s semiconductor and power electronics ecosystem.
Mr. N. Ramesh Kumar, Managing Director & CEO of RIR Power Electronics Ltd., stated that the NSE entry is a pivotal step toward solidifying the growth trajectory. He noted that it provides a stronger platform to attract diverse investors, channel resources into innovation, and expand their footprint across critical sectors, reinforcing the commitment to building a globally competitive enterprise for India’s semiconductor industry.
Company Profile and Operations
RIR Power Electronics Limited was founded in 1969 and specializes in high-power semiconductor solutions, driving innovation and energy efficiency. The company manufactures crucial devices used across several vital infrastructure sectors, including defense, railways, electric vehicles (EVs), and power generation.Currently, the company operates one manufacturing plant located in Halol, Gujarat, and is establishing a new facility in Bhubaneshwar, Odisha. As of July 14, 2026, the company holds a market capitalization of approximately Rs. 1,257 crores.
Key operational details for RIR Power Electronics are summarized below:
| Detail | Information |
|---|---|
| Founded | 1969 |
| Current Market Cap. | ~ Rs. 1,257 crores (as on 14/07/2026) |
| Primary Markets | Railways, Defense, EVs, Power Generation |
| Manufacturing Locations | Halol, Gujarat; new facility in Bhubaneshwar, Odisha |
Stock Price Movement
RIR Power Electronics Ltd shares settled at ₹157.50 today, slipping 1.44% in trading. The stock saw movement throughout the day, charting between a low of ₹155.80 and an intraday high of ₹160.45.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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