Parag Parikh Financial Advisory Services Limited Unlisted Share Price
![]()
Parag Parikh Financial Advisory Services Limited unlisted share price is ₹18,750 per share (indicative, as of 17 Oct 2026). Minimum ticket ₹25,000 (lot of 2 shares), the same for every company. Sector: Financials. Status: unlisted, no DRHP on record.
All unlisted share prices: dated indicative prices for every company the desk tracks.
Looking for the Parag Parikh mutual fund? This page is about the unlisted shares of PPFAS, the asset manager. Parag Parikh Mutual Fund official site
Updated 17 Oct 2026, 22:10 IST. Dated dealer references.
BuyUnlistedShares tracks 230 unlisted companies with dated prices; Parag Parikh Financial Advisory Services Limited’s indicative price is ₹18,750 per share as of 17 Oct 2026, a lot of 2 shares.
Key facts
- Indicative price
- ₹18,750 per share
- Price as of
- 17 Oct 2026
- Minimum investment
- ₹25,000
- Lot size
- 2 shares
- Sector
- Financials
- Listing status
- Unlisted
- Settlement
- Demat to demat; terms agreed in writing for each deal
- Last updated
- 17 Oct 2026, 22:10 IST
Indicative and dated. BuyUnlistedShares deals as principal.
Buying at a glance
- Minimum ticket
- ₹25,000
- Price shown
- Indicative, dated 17 Oct 2026
- Delivery
- Shares are credited to your demat account
In plain words
- Lock-in if it lists
- Shares bought before an IPO are generally locked in for six months from the IPO allotment date under SEBI rules. The issue documents set the exact terms.
- Demat
- Yes. ISIN INE0FGC01012: the shares sit in your own demat account and move demat to demat through NSDL or CDSL.
- IPO status
- Unlisted. No DRHP on record.
Facts only, not a rating or a recommendation.
Compare it against the full unlisted share price list: every company the desk quotes, each with a dated indicative price.
Indicative move: 0.0% over 3 months · +5.6% over 1 year.
Key figures
| Market cap | ₹14,831 Cr |
|---|---|
| Minimum investment | ₹25,000 |
| Lot size | 2 |
| P/E ratio | 42.67x |
| ROE | 34.42% |
| Book value | ₹1,276.5 |
| Face value | ₹10 |
| 52-week high | ₹21,000 |
| 52-week low | ₹15,950 |
| ISIN | INE0FGC01012 |
| Dividend yield | 0% |
Financials (₹ Cr)
| Metric | FY23 | FY24 | FY25 |
|---|---|---|---|
| Revenue | 145 | 216 | 429 |
| PAT | 76.5 | 109 | 247 |
| EPS (₹) | 99.4 | 142 | 321 |
About the company
Parag Parikh Financial Advisory Services Limited (PPFAS) is a Mumbai-based financial services company incorporated in 1992. It is best known as the sponsor of PPFAS Mutual Fund, one of India's distinctive value-oriented asset management franchises.
Prices shown are indicative and dated. Unlisted shares are illiquid and values can move sharply.
Registered in Mumbai, Maharashtra.
Registry
- ISIN: INE0FGC01012
- Depository: NSDL & CDSL
- Listed at: Unlisted
- Price as of: 17 Oct 2026
Company facts
| CIN | U67190MH1992PLC068970 |
|---|---|
| Incorporated | 1992 |
| ISIN | INE0FGC01012 |
| Face value | ₹10 |
| Depository | NSDL & CDSL |
| Registered office | 81/82, 8th Floor, Sakhar Bhavan, Ramnath Goenka Marg, 230, Nariman Point, Mumbai 400021, Maharashtra, India |
| Shares outstanding | 79,09,774 |
| Lot size | 2 shares |
| Minimum units | 1 |
| DRHP | Not filed |
Financial statements (₹ Cr)
| Metric | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 vs FY25 |
|---|---|---|---|---|---|---|
| Revenue | 88.81 | 144.81 | 215.63 | 428.84 | 602 | +40.4% |
| EBITDA | — | 103.89 | 146 | 342 | 476 | +39.2% |
| Profit before tax | — | 103 | 146.32 | 336 | 467 | +39% |
| Profit after tax | 39.16 | 76.51 | 109.1 | 246.6 | 347.6 | +41% |
| EPS (₹) | 48.43 | 99.42 | 142.28 | 321.45 | 439.45 | +36.7% |
| Operating margin | — | — | 76.8% | 79.7% | — | — |
| Net margin | — | — | 59.8% | 57.5% | — | — |
| Share capital | 7.66 | 7.67 | 7.67 | 7.67 | — | — |
| Reserves & surplus | 116.98 | 193.77 | 298.65 | 639.17 | — | — |
| Net worth | 124.64 | 201.44 | 306.32 | 646.84 | — | — |
| Fixed assets | 18.95 | 20.13 | 23.64 | 35.01 | — | — |
| Investments | — | 118.41 | 182.05 | 604.85 | — | — |
| Trade receivables | 12.17 | 15.96 | 24.24 | 43.52 | — | — |
| Trade payables | — | 0.53 | 1.1 | 1.26 | — | — |
| Cash from operations | — | — | 102.56 | 198.34 | — | — |
| Cash from investing | — | — | −96.72 | −190.01 | — | — |
| Cash from financing | — | — | −5.1 | −9.17 | — | — |
| Net cash generated | — | — | 0.74 | −0.84 | — | — |
Key ratios and valuation
| Measure | Value | Basis |
|---|---|---|
| Indicative price | ₹18,750 | dealer reference, 17 Oct 2026 |
| Market cap | ₹14,831 Cr | price × 79,09,774 shares |
| P/E | 42.67x | price ÷ EPS ₹439.45 (FY26) |
| P/B | 14.69x | price ÷ book value ₹1,276.5 |
| EPS | ₹439.45 | per share, FY26 |
| Book value | ₹1,276.5 | per share, latest books |
| RoE | 34.42% | return on equity, latest FY |
| Debt / equity | 0 | latest balance sheet |
| Dividend yield | 0% | at the indicative price |
| Face value | ₹10 | per share |
| 52-week range | ₹15,950 – ₹21,000 | 317 dated quotes, last 12 months |
| Shares outstanding | 79,09,774 | per company record |
Shareholding pattern
| Category | Holder | % of equity |
|---|---|---|
| Others | Neil Parag Parikh | 43.31% |
| Others | Geeta Parag Parikh | 18.84% |
| Others | Sahil Parag Parikh | 14.86% |
| Others | Rajeev Navinkumar Thakkar | 5.89% |
| Others | Empeegee Portfolio Management Pvt Ltd | 4.56% |
| Public | Others (Public & Bodies Corporate) | 12.54% |
Public 12.54% · Others 87.46%
Management and promoters
| Name | Designation | Experience |
|---|---|---|
| Neil Parag Parikh | Chairman & CEO | — |
| Rajeev Navinkumar Thakkar | Director & Chief Investment Officer | — |
| Sahil Parag Parikh | Director | — |
| Himanshoo Gajendra Bohara | Chief Financial Officer / Executive Director | — |
| Subrata Kumar Mitra | Independent Director | — |
| Rajdeep Jadeja | Company Secretary & Compliance Officer | — |
Business model
Parag Parikh Financial Advisory Services Limited states that it functions as sponsor to PPFAS Mutual Fund and generates revenue through management fees and portfolio-management-services fees. Its FY2024-25 annual report describes the portfolio-management business as helping clients deploy funds in capital and money-market instruments, mutual-fund units and derivatives after professional assessment of investment factors and risk. The report identifies a discretionary PMS strategy, Cognito, and a non-discretionary multi-asset strategy.
It also describes the mutual-fund offerings associated with the PPFAS platform, including an equity-oriented flexi-cap scheme, a liquid fund, an equity-linked savings scheme, a conservative hybrid fund, an arbitrage fund and a dynamic asset-allocation fund. The company’s own report therefore supports a fee-based financial-services model spanning mutual-fund sponsorship and portfolio-management activities, rather than a manufacturing, lending or balance-sheet-driven operating model.
Listed peers
| Listed peer | Ticker | Why a peer |
|---|---|---|
| HDFC Asset Management | NSE: HDFCAMC | Listed asset manager — direct peer |
| Nippon Life India AMC | NSE: NAM-INDIA | Listed asset manager |
| UTI Asset Management | NSE: UTIAMC | Listed asset manager |
Exchange prices and ratios for these peers are not connected to this page yet.
Corporate actions and events
| Date | Type | Detail | Ratio / amount | Source |
|---|---|---|---|---|
| Nov 2025 | Other | Parag Parikh Large Cap Fund NFO announced; opens January 2026 — At its 12th Unitholders' Meeting on November 22, 2025, PPFAS announced its first new equity scheme in nearly five years, the Parag Parikh Large Cap Fund, with the NFO scheduled to open on January 19 and close on January… | — | Desk note |
| May 2025 | Other | Parag Parikh Flexi Cap Fund crosses Rs 1 lakh crore AUM — The flagship Parag Parikh Flexi Cap Fund became the first actively managed equity mutual fund scheme in India to cross Rs 1 lakh crore in assets under management, a milestone shared by Chairman and CEO Neil Parikh in… | — | Desk note |
| Undated | Other | FY25 annual results: revenue up 72% to Rs 429 crore, PAT up 43.5% (FY ended March 2025) — For the financial year ended March 2025, PPFAS reported total revenue of about Rs 429.05 crore (up roughly 72% from Rs 249.15 crore) and net profit of about Rs 246.60 crore (up roughly 43.5% from Rs 171.84 crore), with… | — | Desk note |
| Undated | Other | PPFAS Mutual Fund AUM grows 55% to about Rs 1.06 lakh crore in FY25 (FY ended March 2025) — The fund house reported total assets under management rising approximately 55% year-on-year, from about Rs 68,453 crore in FY24 to about Rs 1,06,357 crore in FY25, alongside a sharp increase in its investor base driven… | — | Desk note |
Reports and filings
No filings uploaded yet.
Annual reports
- Parag Parikh Financial Advisory Services Limited annual report 2024-25 (PDF)
- Parag Parikh Financial Advisory Services Limited annual report 2023-24 (PDF)
Frequently asked questions
What does Parag Parikh Financial Advisory Services Limited do?
PPFAS is a Mumbai-based financial services company incorporated in 1992 and is the sponsor of PPFAS Mutual Fund. Its activities span asset management, portfolio management services, advisory and research, with mutual fund management fees forming a key part of its income. It is known for a value-oriented, behavioural-finance-driven investment approach.
Is Parag Parikh Financial Advisory Services listed, and how can its unlisted shares be bought?
No, the company is not listed on the NSE or BSE main board. Its shares are unlisted and trade privately, over the counter. Unlisted shares are generally transferred through dealers or platforms that facilitate such transactions, with shares moved between demat accounts after price and terms are mutually agreed.
What determines the indicative price of PPFAS unlisted shares?
The indicative price reflects demand and supply in the private, over-the-counter unlisted market. Factors that participants commonly track include the company's assets under management, financial performance, promoter shareholding, comparable valuations and overall sentiment toward asset managers. As there is no exchange order book, quoted prices are indicative reference levels and can vary between sources.
What are the key fundamentals of Parag Parikh Financial Advisory Services Limited?
The company's CIN is U67190MH1992PLC068970 and its ISIN is INE0FGC01012. Its equity shares carry a face value of ₹10 each. It was incorporated in 1992 and is registered in Mumbai, Maharashtra. The company is the sponsor of PPFAS Mutual Fund and was among the early SEBI-registered portfolio managers in India.
What is the Parag Parikh Financial Advisory Services Limited unlisted share price today?
The indicative over-the-counter reference price is ₹18,750 per share as of 17 Oct 2026. It is a dated dealer reference, refreshed every working day.
Is Parag Parikh Financial Advisory Services Limited listed on a stock exchange?
Not yet. Parag Parikh Financial Advisory Services Limited changes hands in the unlisted market, over the counter and settle into your demat account through NSDL and CDSL.
What is the minimum investment in Parag Parikh Financial Advisory Services Limited?
The minimum ticket is ₹25,000, the same for every company on the site.
What is the ISIN of Parag Parikh Financial Advisory Services Limited?
INE0FGC01012. Holdings are settled in demat form through NSDL and CDSL.
How do I buy Parag Parikh Financial Advisory Services Limited unlisted shares?
Send an enquiry with the quantity you have in mind. The desk replies with a dated quote, the paperwork list and the demat steps, and the shares settle demat to demat into your own account.
Is there a lock-in if Parag Parikh Financial Advisory Services Limited lists?
Pre-IPO shareholders other than promoters are generally locked in for six months from the date of IPO allotment under SEBI ICDR regulation 17. The final offer document sets the exact terms.
Sources
- Parag Parikh Financial Advisory Services Limited annual report 2024-25 · FY 2024-25 · ppfas.com
- Parag Parikh Financial Advisory Services Limited annual report 2023-24 · FY 2023-24 · ppfas.com
- BuyUnlistedShares indicative price series for Parag Parikh Financial Advisory Services Limited, dated daily · since 17 Sep 2025 (339 dated quotes) · buyunlistedshares.com
How to cite this page: BuyUnlistedShares, “Parag Parikh Financial Advisory Services Limited unlisted share price”, https://buyunlistedshares.com/unlisted-shares/parag-parikh-financial-advisory-services-limited, as of 17 Oct 2026.
Other Financials unlisted shares
- ASK Investment Managers Limited · ₹785
- Ambadi Investments Limited (murugappa) · ₹17,500
- Arohan Financial · ₹228
- Berar Finance Limited · ₹485
- Bharat Nidhi · ₹13,400
- Camac Commercial Company Limited · ₹35,000
Enquire to buy Parag Parikh Financial Advisory Services Limited · Sell a holding
Indicative reference price, dated. BuyUnlistedShares is India's premium unlisted shares desk, run by Gayatri Financial Synergy LLP. In the market since 2002. Data as of 17 Oct 2026.
Before you buy: guides
- How to evaluate an unlisted company before investing
- How Unlisted Share Prices Are Discovered When There Is No Live Order Book
- The risks of buying unlisted and pre-IPO shares in India
- Unlisted Shares Lock-In Period: What Every Investor Must Know (2026)
- Can an NRI invest in unlisted shares in India?
All unlisted shares · IPO calendar · Research & learning · Send an enquiry · Calculators · Jobs · About · Contact · Privacy · Terms · Disclaimer · Grievance redressal
Guides: Start investing · Evaluate a company · How prices are set · Risks · Lock-in periods · After the IPO · Sell ESOPs · NRI investors · Buybacks · Choosing a platform
BuyUnlistedShares (BUS) · Gayatri Financial Synergy LLP (LLPIN ACU-4678) · SCO-39, 1st Floor, HUDA Market, Sector-7, Faridabad, Haryana 121006 · +91 916-916-59-59
