RaRe Enterprises

What RaRe Enterprises does

Rare Equity Private Limited (formerly RaRe Enterprises) is a privately held Indian investment and trading company incorporated in Mumbai in 1993 under CIN U74110MH1993PTC074456. The firm invests in securities, stocks, shares, bonds, debentures, and acquires interests in business organizations including technology and other joint ventures, while also trading in precious metals (gold, silver, diamonds), commodities, and derivatives via spot, forward, futures, and options. Its operational scope is governed by SEBI regulations, with non-convertible debentures listed on BSE and oversight provided by a Debenture Trustee (Catalyst Trusteeship Limited, formerly GDA Trusteeship Limited). Acuite Ratings maintains credit ratings on the firm's debt instruments, with the most recent rating dated May 13, 2025 valid through October 7, 2025.

The company historically operated under the brand "Rare Enterprises," associated with the late Rakesh Jhunjhunwala's investment philosophy. Following his death in August 2022, executive leadership has rested with Vrushali Deshpande, designated Executive Director in July 2020, who holds Chartered Accountant credentials and corporate finance experience. Day-to-day operations span 11-50 employees across the registered office at Nariman Bhavan, Nariman Point, Mumbai, and other operational offices in Mumbai and Pune.

The business model derives revenue from proprietary investment returns across equities, commodities, and precious metals, supplemented by debt market activity through listed NCDs. There is no third-party asset management fee disclosure, no external customer pipeline, and no productized offerings; the firm functions as a private investment vehicle for principals and serves debenture holders as its principal creditor base. No proprietary technology platform, APIs, or digital products were identified across filings and corporate communications.

Name

RaRe Enterprises

Legal name

Rare Equity Private Limited

Website

https://rareequity.net

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

11–50 employees

Short description

Rare Equity Private Limited (formerly Rare Enterprises) is a privately held Mumbai-based investment and trading firm, founded in 1993, that invests in Indian securities, bonds, commodities, and precious metals, and operates a listed-debt investment vehicle associated with the Rakesh Jhunjhunwala legacy.

Ownership category

akta.pro rank

Product category

Asset Management

NAICS

Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Other Financial Investment Activities (5239)

SIC

Investors, Nec (6799), Commodity Contracts Brokers & Dealers (6221)

akta.pro primary industry

Alternative Investments for Private Wealth (Hedge Funds, PE/VC Access, Private Credit) (FSAAABAI)

Keywords

• Securities investment
• Commodity trading
• Precious metals trading
• Portfolio management
• Joint venture investing

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Others, Technology or R&D, Marketing or Sales

Core offering

Rare Equity Private Limited is a privately held investment and trading firm that invests company moneys in stocks, shares, bonds, debentures and securities of companies and corporations, and acquires interests in business organizations including joint ventures in technology and other fields. The firm also trades in commodities and precious metals such as gold, silver, diamonds and precious stones, and engages in commodity market activities including hedging, spot trading, forwards, futures and options dealing. Operations are conducted from a registered office at Nariman Bhavan, Nariman Point, Mumbai, with debt securities listed on BSE under SEBI (LODR) regulations.

Product overview

Rare Equity Private Limited is an investment and trading company. Based on the corporate website and About Us page, the company engages in: (1) investing in securities, stocks, shares, bonds, debentures, and acquiring interests in business organizations including joint ventures for technology and other fields; (2) trading in precious metals and commodities including gold, silver, diamonds, and precious stones; (3) general trading and merchant activities dealing in various goods and commodities; and (4) commodity market activities including hedging, spot trading, forward contracts, futures and options. The company maintains a corporate investor relations website at rareequity.net providing regulatory filings, financial results, and corporate governance information. No specific named technology products or modules were identified in the provided sources.

Differentiator

Problem solved

Functional benefit

Products and services

• Securities Investment Investing company moneys in the securities of any company or corporation — including stocks, shares, bonds, debentures, stock and securities — and activities of subscribing, securing, holding, selling, underwriting and investing in such instruments. Targeted at portfolio companies and investors participating in the firm's investment book, governed by SEBI (LODR) where applicable to listed debt.
• Commodity Market Trading Trading and dealing in commodities, including commodity market activities of hedging, spot trading, forward contracts, futures and options in line with the company's main objects. Targeted at portfolio managers, hedgers and commodity counterparties operating in Indian commodity markets.
• Precious Metals and Stones Trading Trading in precious metals and commodities such as gold, silver, diamonds and precious stones, including related merchant trading activities. Targeted at buyers, sellers and counterparties in the physical precious-metals and gems market via the company's merchant trading operations.
• Joint Venture and Business Interest Acquisitions Acquiring interests in business organizations, including joint ventures in technology and other fields, and participating as a partner or shareholder in such ventures. Targeted at promoters, founders and businesses seeking strategic and capital partnership from Rare Equity.
• Listed Non-Convertible Debenture Issuances Issuance of non-convertible debentures (NCDs) listed on BSE, governed by SEBI (LODR) regulations, with redemption tracked under Regulation 57 and credit ratings issued by Acuite. Targeted at institutional and accredited debt investors seeking SEBI-regulated fixed-income exposure to the firm.

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves6 records

Expansion highlights3 records

Direct peers

• Rare Enterprises (Jhunjhunwala family office): Historically the Jhunjhunwala family's flagship proprietary investment vehicle with an identical equity-led, long-term value-investing philosophy. Direct parallel to Rare Equity Private Limited for Indian proprietary investing, although Rare Enterprises itself is sometimes treated as the same brand.
• Alchemy Capital Management: India-focused, high-net-worth-oriented investment management firm running PMS and AIF strategies. Comparable to Rare Equity as a Mumbai-based, HNW-tilted investment manager deploying capital across Indian listed and quasi-listed opportunities.
• Rakesh Jhunjhunwala / Rare Enterprises-linked family-office vehicles: Other Jhunjhunwala-associated entities and family-managed investment vehicles pursuing the same investment philosophy. Effectively sister vehicles to Rare Equity Private Limited with overlapping holdings and management.

Broad incumbents

• Motilal Oswal Asset Management: Large Indian asset manager offering PMS, AIF and mutual-fund products with a fundamental, long-term investment style inherited from its broking roots. Overlaps Rare Equity's equities/value bias but at substantially larger institutional scale.
• ASK Investment Managers: Established Indian portfolio-management and wealth-advisory firm managing PMS, AIF and family-office mandates. Comparable portfolio-management activity and HNW clientele, though broader product set than Rare Equity's proprietary book.
• IIFL Wealth Management: One of India's largest listed private-wealth managers, offering PMS, AIF and alternative-investment solutions to HNW/UHNW clients. Comparable as a Mumbai-based, alternatives-oriented platform serving affluent Indian investors.
• Motilal Oswal Financial Services: Full-service Indian broking and wealth franchise with proprietary investing and securities trading alongside client brokerage. Comparable on the trading-of-securities and debenture-issuance functions that Rare Equity performs.

Emerging players

• Edelweiss Alternative Asset Advisors: Indian alternative-asset platform running credit, real-estate and VC funds with HNW distribution. Comparable on the commodity/credit and structured-debt angles of Rare Equity's listed-NCD and joint-venture activity.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/rare-enterprises

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments9 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about RaRe Enterprises