Parag Parikh Financial Advisory Services Limited Pre IPO Price: Should You Invest?
05 June 2025 · Sachin Gadekar
Is Parag Parikh Financial Advisory’s Pre IPO Stock Worth Your Portfolio? Let’s Dive Into Its Financials, Growth, and Investment Potential.
Introduction
The Indian investment landscape is evolving rapidly, and one company that continues to make headlines is Parag Parikh Financial Advisory Services Limited (PPFAS). Known for its ethical investing and investor-first approach, PPFAS has carved a niche in the mutual fund industry.
With its unlisted shares currently trading at ₹9,750, interest in the Parag Parikh Financial Advisory Services Limited pre IPO is skyrocketing. But should you invest before the IPO? Let’s break down the financials, shareholding, growth trajectory, and potential risks.
Company Overview and Fundamentals
| Metric | Value |
|---|---|
| Current Pre-IPO Price | ₹9,750 |
| Market Capitalization | ₹7,668.07 Cr |
| Face Value | ₹10 |
| ISIN | INE0FGC01012 |
| P/E Ratio | 79.82 |
| EPS | 125.27 |
| P/B Ratio | 25.03 |
| Book Value | ₹399.47 |
| Debt/Equity Ratio | 0 (debt-free) |
Financial Performance Snapshot
| FY | Net Revenue | Operating Profit | PAT | EPS | PAT % |
|---|---|---|---|---|---|
| 2024 | 212.48 | 145.28 | 109.09 | 125.27 | 51.34% |
| 2023 | 144.81 | 103.40 | 76.51 | 92.29 | 52.84% |
| 2022 | 88.81 | 55.99 | 39.16 | 48.43 | 44.10% |
| 2021 | 33.13 | 14.14 | 9.19 | 12.42 | 27.74% |
Growth Drivers
Asset Under Management (AUM) Growth
₹35,477.67 Cr (Mar 2023) → ₹68,453.01 Cr (Mar 2024) → ₹98,950 Cr (Dec 2024)
This impressive jump showcases their effective fund performance and growing investor trust.
Client Base Expansion
Grew from 23.1 lakh investors in FY23 to 33.75 lakh in FY24.
Consistent onboarding and improved digital + physical outreach drive this growth.
Strengths & Weaknesses
Strengths
Debt-free balance sheet
Strong investor trust and promoter holding
High profitability with consistent growth
Expanding physical presence
Sharp AUM and client base expansion
Weaknesses
Limited Product Basket: Only 6 mutual fund schemes as of March 2024.
PMS Growth Pause: No new client onboarding in “Cognito” PMS.
High Valuation Multiples: Valuation may seem stretched at a P/E of 79.82.
Should You Consider Parag Parikh Financial Advisory Pre IPO Shares?
Pros:
Clean financials, no debt, high profit margins
Backed by a strong brand and leadership
Rapid growth in AUM and investor base
Ethical, long-term investment philosophy
Cons:
Illiquidity risk until official listing
Premium valuation
Limited schemes compared to peers If you're a long-term investor looking to gain early exposure to a fast-growing, trusted mutual fund house — the Parag Parikh Financial Advisory pre IPO shares could be a smart pick. But always consider diversification and consult your advisor.
Frequently Asked Questions (FAQs)
Q1. What are unlisted shares and pre-IPO shares?
A: These are shares of companies not yet listed on public stock exchanges. They’re typically traded in the grey market or via private platforms.
Q2. Why should I invest in unlisted shares?
A: Early investment in quality companies can deliver higher returns if the company lists at a premium. It also offers portfolio diversification.
Q3. What’s the minimum investment in Parag Parikh Financial Advisory’s unlisted shares?
A: It varies by platform but usually starts from ₹25,000–₹50,000.
Q4. Are there risks involved in pre-IPO investments?
A: Yes. Risks include liquidity constraints, uncertain listing timelines, and potential price volatility post-listing.
Q5. How can I buy these pre-IPO shares?
A: You can invest via registered intermediaries like private equity desks, unlisted share platforms, or wealth tech platforms like getultra.club.