RIR Power produces high-power semiconductor devices used in railways, defence, electric vehicles, and power generation. | Photo Credit: SweetBunFactory

RIR Power Electronics Ltd will begin trading on the National Stock Exchange of India from Thursday, marking the company’s dual-listing alongside its existing presence on BSE, where it has traded since 1986.

The Halol, Gujarat-based semiconductor manufacturer carries a current market capitalisation of approximately ₹1,257 crore. The company produces high-power semiconductor devices used in railways, defence, electric vehicles and power generation.

The NSE listing is expected to improve stock liquidity, broaden price discovery, and widen access for both institutional and retail investors, according to the company’s announcement.

Non-Executive Chairman . Harshad Mehta said the listing would provide greater visibility in capital markets and strengthen investor confidence. Managing Director and CEO N Ramesh Kumar said the move would help attract diverse investors and channel resources into innovation and expansion.

Founded in 1969, RIR Power Electronics currently operates one manufacturing plant in Halol, Gujarat, and is establishing a second facility in Bhubaneswar, Odisha.

The company frames the NSE listing as part of a broader strategy to scale technological capabilities and compete globally within India’s semiconductor and power electronics ecosystem.

Published on July 15, 2026