About Rare Equity Private Limited
Data last updated:
Rare Equity Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 12 October 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74110MH1993PTC074456. Its GSTIN is 27AABCM0846L1ZC (Maharashtra).
The company has an authorised share capital of ₹91.7 Cr and a paid-up capital of ₹52.75 Cr. It was formerly known as Marganta Textiles P.Ltd. It is led by directors including Rekha Rakesh Jhunjhunwala and Amit Goela.
Its last annual general meeting (AGM) was held on 10 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 151 Nariman Bhavan 15th Floor Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹185.55 Cr, a growth of 45% compared to the previous year. For the same year it recorded a net profit of ₹29.06 Cr (net margin 15.7%) and EBITDA of ₹55.77 Cr (EBITDA margin 30.1%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 105% over five years.
The company is associated with 1 brand: Rare Equity. As per MCA filings, the company has open charges of ₹500 Cr and satisfied charges of ₹500 Cr on record. The company has 11 deals on record (7 secondary share transfers, 2 funding rounds, 2 acquisitions), with disclosed funding of ₹35.02 Cr; the latest was in July 2021. Its 10 peer companies in the BFSI industry (Broking Services) are compared by revenue, 5 larger and 5 smaller; the largest is Phonepe Insurance Broking Services Private Limited with revenue of ₹192.92 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rareequity.net.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address151 Nariman Bhavan 15th Floor Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryFinancial Services, Brokerage & Trading Services
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Rare Equity Private Limited
The main business activity of Rare Equity is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Rare Equity Private Limited FY 2025 filings available
Rare Equity Private Limited reported revenue of ₹185.55 Cr (up 45% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Rare Equity Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 105% over five years, including 45% growth in the latest year. EBITDA fell 39% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Rare Equity Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹55.77 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹29.06 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Rare Equity Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 30.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 15.7% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Rare Equity are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Rare Equity Private Limited
Rare Equity Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Broking Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Phonepe Insurance Broking Services Private Limited | ₹192.92 Cr (FY 2025) | •••• | •••• | 68.0% | •••• | Bengaluru, Karnataka, India |
| Helios Strategic Systems Limited | ₹191 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Chennai, Tamil Nadu, India |
| Marvell Nutex Private Limited | ₹190.43 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Thane, Maharashtra, India |
| Spread X Securities Private Limited | ₹187.23 Cr (FY 2025) | •••• | •••• | 252.0% | •••• | Ahmedabad, Gujarat, India |
| Chinoy Impex Private Limited | ₹186.37 Cr (FY 2025) | •••• | •••• | •••• | Surat, Gujarat, India | |
| Rare Equity Private Limited this company | ₹185.55 Cr (FY 2025) | •••• | •••• | 45.0% | •••• | Mumbai, Maharashtra, India |
| P H Capital Limited Listed | ₹185.51 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Mumbai, Maharashtra, India |
| Ubi Services Limited | ₹185.36 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Thane, Maharashtra, India |
| Mittal Portfolios Private Limited | ₹183.93 Cr (FY 2025) | •••• | •••• | 385.0% | •••• | New Delhi, Delhi, India |
| Grovalue Commodity Private Limited | ₹182.94 Cr (FY 2017) | •••• | •••• | 95.0% | •••• | Chennai, Tamil Nadu, India |
| G G Engineering Limited Listed | ₹182.55 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Rare Equity by revenue in the BFSI industry (Broking Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Rare Equity Private Limited
Rare Equity Private Limited is audited by Sunil Singh Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Sunil Singh Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Rare Equity Private Limited
Rare Equity has 3 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rekha Rakesh Jhunjhunwala Also directs: Insync Capital Partners LLP, Ratnasagar Developers Limited Liability Partnership, Goldcrest Advisors LLP and 5 more | Director | 21 Sep 2022 | 4 Years 0 Months | Current |
| Amit Goela Also directs: Va Tech Wabag Limited, Inventurus Knowledge Solutions Limited, Aptech Limited and 4 more | Director | 06 Mar 2022 | 4 Years 7 Months | Current |
| Vrushali Gurunath Deshpande Also directs: Rare Shares & Stocks Private Limited | Director | 26 Jul 2020 | 6 Years 2 Months | Current |
Ownership and Shareholding of Rare Equity Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Rare Equity Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Jul 2021 | Others | ₹500 Cr | Satisfied |
Total charge records: 1 View all charges
Deals & Funding of Rare Equity Private Limited
Rare Equity Private Limited has 11 deals on record (7 secondary share transfers, 2 funding rounds, 2 acquisitions), with disclosed funding of ₹35.02 Cr; the latest was in July 2021.
Full deal history
All 11 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Rare Equity Private Limited
Rare Equity operates one associated brand: Rare Equity. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides investor relations, corporate governance, and regulatory filings services. | rareequity.net |
Employees and EPFO Compliance at Rare Equity Private Limited
Employment history and EPFO contributions of people linked to Rare Equity.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Rare Equity Private Limited
Rare Equity has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
CIN History of Rare Equity Private Limited
Rare Equity has one previous CIN (Corporate Identification Number): U17120MH1993PTC074456. The current CIN is U74110MH1993PTC074456, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110MH1993PTC074456 | Current |
| U17120MH1993PTC074456 | Previous |
Recent Activity on Rare Equity Private Limited
Rare Equity Private Limited has 15 board changes on record since 2007: 5 appointments and 10 cessations. The latest: Rekha Rakesh Jhunjhunwala ceased to be Additional Director on 30 Sep 2022.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Rare Equity Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Rare Equity Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Rare Equity Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Rare Equity Private Limited
Rare Equity has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCM0846L1ZC | Maharashtra | Active | 04 Mar 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Rare Equity Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Rare Equity Private Limited
Rare Equity is an active private limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 12 October 1993 (33+ years old) and is registered under CIN U74110MH1993PTC074456.
Rare Equity reported revenue of ₹185.55 Cr for FY 2025 (up 45% YoY).
Rare Equity has 3 current directors:
- Rekha Rakesh Jhunjhunwala - Director
- Amit Goela - Director
- Vrushali Gurunath Deshpande - Director
Rare Equity reported a net profit of ₹29.06 Cr (net margin 15.7%) and EBITDA of ₹55.77 Cr (EBITDA margin 30.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Rare Equity is -8% over three years and 105% over five years. In the latest year (FY 2025) revenue rose 45%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Rare Equity is 27AABCM0846L1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of Rare Equity is U74110MH1993PTC074456. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rare Equity was incorporated on 12 October 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.
Rare Equity has 11 deals on record (7 secondary share transfers, 2 funding rounds, 2 acquisitions), with disclosed funding of ₹35.02 Cr; the latest was in July 2021.
The peers of Rare Equity by revenue are Phonepe Insurance Broking Services Private Limited, Helios Strategic Systems Limited, Marvell Nutex Private Limited, Spread X Securities Private Limited, Chinoy Impex Private Limited and 5 more, all in the BFSI industry (Broking Services).
Rekha Rakesh Jhunjhunwala ceased to be Additional Director on 30 Sep 2022. Rekha Rakesh Jhunjhunwala was appointed as Director on 21 Sep 2022. Rakesh Radheyshyam Jhunjhunwala ceased to be Director on 14 Aug 2022. Rare Equity has 15 board changes on record in total.