RRP Electronics Ltd
Maharashtra's first OSAT semiconductor plant, promoted by Rajendra Chodankar's RRP group with a multi-phase ₹12,000 Cr investment plan.
Market cap
₹1,440 Cr
10.00 Cr shares
P/E ratio
Loss making
Sector average 45
Book value
₹18.00
P/B 8.00
1-year return
-23.19%
52w ₹110 – ₹200
Currently 38% of the way through its 52-week range.
Indicative price history
1Y change
-22.13% ₹185 → ₹144
52-week band in this window: ₹140.85 – ₹192.25. Weekly indicative marks, not exchange-traded prices.
Key highlights
- Inaugurated Maharashtra's first OSAT facility at Mahape in September 2024.
- Phased ₹12,000 Cr investment plan across packaging, testing and a compound-semiconductor fab.
- Pre-profit; unlisted price reflects the semiconductor policy narrative.
About RRP Electronics
RRP Electronics Ltd is the semiconductor arm of the Navi Mumbai-based RRP group led by Rajendra Chodankar. It inaugurated Maharashtra's first outsourced semiconductor assembly and test (OSAT) facility at Mahape in September 2024 and plans a phased investment of about ₹12,000 Cr covering packaging, testing, a compound-semiconductor fab and a design centre, with land earmarked in Navi Mumbai and Sindhudurg.
Commercial output is at an early stage: revenue is small and the company is investing ahead of demand, funded by promoter equity, state incentives and unlisted placements. The group's listed vehicle, RRP Semiconductor Ltd, and its sister company RRP S4E Innovation trade at prices that reflect the semiconductor policy narrative rather than current earnings.
Investors should treat the stock as a venture-stage industrial bet whose value depends on execution of the OSAT roadmap, customer wins and continued access to capital.
Data-quality note: this profile was compiled without live web verification because the research session's search budget was exhausted before this company was reached. Registry identifiers are left blank, the director list is limited to publicly known names, and all financial line items are reconstructed around approximate totals from analyst recall rather than reported figures. Line items are reconstructed around reported totals; treat them as approximate and verify against MCA filings before relying on them.
Where the revenue comes from
- OSAT - assembly and testing services70%
Packaging and test for fabless customers at Mahape
- Electronics manufacturing and modules30%
Memory modules and board-level assembly
Products & services
OSAT services
Chip assembly, packaging and testing for fabless and IDM customers.
Memory and electronics modules
Board-level assembly and memory modules.
What works
- • First-mover OSAT site in Maharashtra with state-government support under the semiconductor policy.
- • Promoter group with a listed sister company providing visibility and capital-market access.
- • Large addressable demand from India's electronics and chip-packaging push.
What to watch
- • Pre-revenue scale: losses and continuous fund-raising are likely for several years.
- • Execution risk on a ₹12,000 Cr roadmap far exceeding current net worth.
- • Speculative unlisted pricing; the share count and all financials shown are unverified estimates.