Parag Parikh Financial Advisory Services (PPFAS) Unlisted Shares: Price, Valuation & How to Trade

Parag Parikh Financial Advisory Services Ltd (PPFAS) is a leading Indian portfolio management and investment advisory firm, founded in 1992. Its unlisted equity shares have gained attention on OTC platforms for their strong fundamentals and pre‑IPO upside potential.

📊 Current Unlisted Share Price & Trading Details

  • Price (as of June 20, 2025): ₹13,075 per share
  • Lot Size: 20 shares per transaction
  • 52‑Week High / Low: ₹14,375 / ₹7,020
  • Outstanding Shares: 7,668,074

💹 Key Valuation Metrics

  • Market Capitalisation (Implied): ~₹9,278 crore
  • P/E Ratio: ~85×
  • Book Value: ₹399.47 per share; P/B Ratio: ~30.3×
  • EPS: ₹142.28

🛒 How to Trade PPFAS Unlisted Shares

  • Choose a regulated OTC platform (e.g., UnlistedZone, InCred Money, Planify).
  • Complete KYC (PAN, Aadhaar, Demat account) as per SEBI guidelines.
  • Place a Buy/Sell order for the required lot (20 shares) at prevailing market price.
  • Upon matching, shares transfer to your Demat within 2–3 business days; payment settles via NEFT/RTGS.

🔍 Why Consider PPFAS Unlisted Shares?

  • Strong Brand & Track Record: Renowned for its value‑oriented PMS and mutual fund offerings.
  • Pre‑IPO Upside: Potential listing premium if/when PPFAS goes public.
  • High Barriers to Entry: Deep domain expertise in portfolio management and research.

⚠️ Risks & Considerations

  • Liquidity Risk: Unlisted shares can be hard to sell quickly; ensure you’re comfortable with lock‑in norms.
  • Valuation Premium: Current multiples (P/E, P/B) are high—justify them against growth prospects and listing timeline.
  • No Dividends Yet: PPFAS has historically reinvested profits; unlisted investors should focus on capital gains.
Bottom Line: PPFAS unlisted shares offer a unique opportunity to participate in one of India’s premier advisory firms ahead of any IPO. While fundamentals are strong, the high valuation and liquidity constraints mean investors should weigh upside potential against inherent risks in the unlisted market.

📚 Sources

  • WWIPL – Fundamental data: outstanding shares, book value, EPS, P/E, P/B, market cap
  • Planify – Unlisted share price, lot size, 52‑week high/low (June 20, 2025)
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