Old Rice

Old Rice Invest is a SEBI-registered Category III Alternative Investment Fund registered in May 2025, managed by Old Rice Assets Management & Advisors Private Limited, headquartered at 203, 2nd Floor, Classic Pentagon, Near Bisleri Factory, Western Express Highway, Andheri East, Mumbai 400099. Old Rice is a boutique asset management firm founded by Chartered Accountants Ankur Maheshwari and Soniya Maheshwari, committed to compounding investor wealth over the long term through rigorous research, vigilant monitoring, and unwavering emotional discipline. The firm primarily invests in listed equities — emphasising superior business quality, exemplary governance, sustainable growth, and reasonable valuation — and also offers Portfolio Management Services (PMS). The flagship AIF scheme, 'Old Rice India Opportunities Fund', was launched on 8 July 2025 as an open-ended Category III AIF with a flexible, multi-asset strategy. The fund's sponsor is Old Rice Holding India Private Limited. Old Rice's values are articulated as Integrity, Wisdom, and Passion.

Old Rice follows a flexible investment style backed by diligent research. The fund understands and appreciates multiple investing approaches — growth vs. value, GARP vs. growth at any price, special situations vs. compounding, contrarian vs. momentum, turnaround vs. structural, quant-based vs. fundamental, pick-and-shovel vs. gold miner, thematic vs. diversified, and private-equity-like approaches in public markets. The core framework is built on OLDRICE: Opportunity, Leverage, Direction, Reasonable Valuation, Integrity/Wisdom/Passion, Cashflow, and Earnings. Long-term value creation, concentrated positions, diligent research, and strict risk management underpin every investment decision.