Parag Parikh Financial Advisory Services Limited Unlisted Shares
Company Profile
Parag Parikh Financial Advisory Services Limited (CIN: U67190MH1992PLC068970) was incorporated on October 12, 1992. Headquartered in Mumbai, PPFAS operates as the sponsor company to PPFAS Mutual Fund, specializing in portfolio management services and asset management. The company has established itself as a leading player in India’s mutual fund industry, known for its ethical investing approach and investor-first philosophy.
PPFAS functions primarily through its subsidiary, PPFAS Asset Management Private Limited, which manages mutual fund schemes. The company has achieved remarkable growth, with its flagship Parag Parikh Flexi Cap Fund becoming the first actively managed fund to cross ₹1 lakh crore in Assets Under Management (AUM) in May 2025. The company’s AUM has grown from ₹35,477.67 crores in March 2023 to ₹68,453.01 crores in March 2024.
Promoters & Management
The company is led by a seasoned management team with extensive experience in financial services:
Board of Directors:
- Neil Parag Parikh – Chairman & CEO
- Rajeev Navinkumar Thakkar – Director & Chief Investment Officer
- Sahil Parag Parikh – Director
- Suneel Rashmikant Gautam – Non-Executive Director
- Himanshoo Gajendra Bohara – Executive Director
- Dipti Neelakantan – Independent Director
- Hitesh Dharmasinh Gajaria – Independent Director
Key Management Personnel:
- Rajdeep Jadeja – Company Secretary & Compliance Officer
Shareholding Pattern
Based on available data, the shareholding structure is as follows:
| Shareholder Category | Holding (%) |
| Neil Parag Parikh | 43.31% |
| Geeta Parag Parikh | 18.84% |
| Sahil Parag Parikh | 14.86% |
| Rajeev Navinkumar Thakkar | 5.89% |
| Empeegee PMS Pvt Ltd | 4.56% |
| Others | 12.54% |
Note: Promoters collectively hold approximately 81.64% stake in the company6.
Company Fundamentals
| Metric | Details |
| Outstanding Shares | 76,95,874 |
| Face Value | ₹10 per equity share |
| ISIN | INE0FGC01012 |
| Lot Size | 100 shares |
| CIN | U67190MH1992PLC068970 |
| Registration Date | October 12, 1992 |
| Category/Sub-Category | Public Company having share capital |
| Registered Office | 81/82, 8th Floor, Sakhar Bhavan, Ramnath Goenka Marg, 230, Nariman Point, Mumbai – 400 021 |
| Registrar & Transfer Agent | MUFG Intime India Private Limited (formerly Link Intime India Private Limited) |
| Current Unlisted Share Price (Approx) | ₹16,000 – ₹18,000 |
| Market Capitalization (Approx) | ₹7,500 – ₹10,000 Cr |
| PAN Number | AABCP9117F |
| GST Number | 27AABCP9117F1ZG |
Financials
Consolidated Income Statement (₹ Lakhs)
| Particulars | FY 2024-25 | FY 2023-24 |
| Interest Income | 14.65 | 1.25 |
| Fees and Commission Income | 37,587.88 | 21,247.62 |
| Net Gain on Fair Value Changes | 5,281.03 | 7,378.03 |
| Total Revenue from Operations | 42,883.56 | 28,626.90 |
| Other Income | 25.76 | 16.12 |
| Total Income | 42,909.32 | 28,643.02 |
| Finance Costs | 76.36 | 18.08 |
| Employee Benefits Expense | 6,291.38 | 4,933.29 |
| Depreciation and Amortisation | 533.45 | 293.39 |
| Other Expenses | 2,432.55 | 1,706.20 |
| Total Expenses | 9,333.74 | 6,950.96 |
| Profit Before Tax | 33,575.58 | 21,692.06 |
| Current Tax | 7,811.98 | 3,709.21 |
| Deferred Tax | 1,103.40 | 878.48 |
| Profit After Tax | 24,660.20 | 17,104.37 |
| Earnings Per Share (Basic) | ₹321.45 | ₹223.06 |
Consolidated Balance Sheet (₹ Lakhs)
| Particulars | Mar 31, 2025 | Mar 31, 2024 |
| Cash and Cash Equivalents | 40.25 | 124.19 |
| Bank Balances (Other than above) | 200.00 | 200.00 |
| Trade Receivables | 4,352.18 | 2,423.55 |
| Investments | 60,485.83 | 37,622.37 |
| Other Financial Assets | 308.87 | 241.51 |
| Total Financial Assets | 65,387.13 | 40,611.62 |
| Property, Plant & Equipment | 3,501.57 | 2,315.29 |
| Right of Use Assets | 1,032.52 | 174.33 |
| Other Assets | 282.29 | 279.90 |
| Total Assets | 70,214.51 | 43,473.80 |
| Trade Payables | 163.06 | 110.29 |
| Lease Liabilities | 1,054.00 | 176.03 |
| Other Financial Liabilities | 29.34 | 4.48 |
| Provisions | 90.53 | 60.58 |
| Deferred Tax Liabilities | 2,589.10 | 1,492.89 |
| Other Liabilities | 1,404.64 | 881.53 |
| Total Liabilities | 5,330.68 | 2,725.80 |
| Equity Share Capital | 769.59 | 766.81 |
| Other Equity | 64,114.24 | 39,981.19 |
| Total Equity | 64,883.83 | 40,748.00 |
Consolidated Cash Flow Statement (₹ Lakhs)
| Particulars | FY 2024-25 | FY 2023-24 |
| Net Cash Generated from Operating Activities | 19,834.27 | 10,256.47 |
| Net Cash Used in Investing Activities | (19,000.74) | (9,671.57) |
| Net Cash Used in Financing Activities | (917.47) | (510.48) |
| Net Change in Cash & Cash Equivalents | (83.94) | 74.42 |
| Cash & Cash Equivalents at Beginning | 124.19 | 49.77 |
| Cash & Cash Equivalents at End | 40.25 | 124.19 |
FAQs
How to buy Parag Parikh Financial Advisory Services Limited Unlisted Shares?
Register on UnlistedShareBrokers, complete KYC documentation, search for PPFAS, select your desired quantity, and place a buy order through our secure platform.
How to sell Parag Parikh Financial Advisory Services Limited Unlisted Shares?
Initiate a Delivery Instruction Slip (DIS) through your broker’s platform, provide ISIN INE0FGC01012, quantity, DP/Client IDs, and submit for processing.
What is the Lock in Period of Parag Parikh Financial Advisory Services Limited Unlisted Shares?
Six months from the date of acquisition, as per SEBI’s August 2021 regulation that reduced the lock-in from one year to encourage startup investments.
How is DIS used to sell Parag Parikh Financial Advisory Services Limited Unlisted Shares?
DIS (Delivery Instruction Slip) facilitates share transfer. Use offline paper DIS submission to your DP or online e-DIS through your broker’s digital platform.
Minimum Ticket Size of Investment in Parag Parikh Financial Advisory Services Limited Unlisted Shares?
Typically ranges from ₹35,000 to ₹50,000 per transaction in current market conditions.
Is buying Parag Parikh Financial Advisory Services Limited Unlisted Shares legal in India?
Yes, completely legal under SEBI regulations. Transactions are governed by rules covering lock-in periods, stamp duty, and depository charges.
Short-Term capital Gain taxes to be paid on Parag Parikh Financial Advisory Services Limited Unlisted Shares?
Shares held ≤2 years attract STCG tax at your applicable income tax slab rate, added to total taxable income.
Long Term capital Gain Taxes to be paid on Parag Parikh Financial Advisory Services Limited Unlisted Shares and how are they taxed?
Shares held >2 years incur LTCG tax at 20% with indexation benefits. Post-listing, exchange-based tax rates apply based on original purchase date.
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How is the Valuation of Parag Parikh Financial Advisory Services Limited Unlisted Shares calculated?
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