About Parag Milk Foods Ltd 
Parag Milk Foods Ltd
Small Cap
FMCG
Parag Milk Foods Limited was incorporated as Parag Milk & Milk Products Private Limited on December 29, 1992 with the Registrar of Companies at Mumbai as a Private Limited Company. The name of the Company was changed to Parag Milk Foods Private Limited and a fresh Certificate of Incorporation upon change of name was granted by the RoC on April 11, 2008.
Company Coordinates 
Company Details
F No 1 P No 19 Nav Rajastan So, S B Road Shivaji Nagar Pune Maharashtra : 411016
Registrar Details
Karvy Computershare Pvt Ltd., Karvy Selenium, Tower-B Plot No 31 & 32, Survey No 116/22, 115/24, 115/25, Financial District, Nanakramguda, Serilingampally, Mandal Ranga Reddy Dist, Hyderabad
Capital Structure 
Present Equity Capital
INR 119.38 Cr
Number of Shares
11.94 Cr
Face Value
INR 0.0
Date
Number
of Shares(Cr)
of Shares(Cr)
Equity
Capital (Rs Cr)
Capital (Rs Cr)
Shares Added
Face Value (Rs)
Reason
14-Feb-2024
11.94
119.38
2000000
0
Conversion of Warrants
07-Nov-2022
11.74
117.38
10000000
0
Conversion of Warrants
07-Nov-2022
11.74
117.38
10000000
10
Conversion of Warrants
23-Aug-2022
10.74
107.38
12000000
10
Preferential basis
10-May-2021
9.54
95.38
11261259
10
Preferential basis
19-May-2016
8.41
84.11
13698695
10
Public Issues
19-May-2016
8.41
84.11
13698695
10
Public Issues
14-Jan-2016
6.66
66.60
442511
10
Conversion of Debentures
14-Jan-2016
6.68
66.81
207583
10
Conversion of Debentures
14-Jan-2016
6.69
66.93
118242
10
Conversion of Debentures
Shareholding Snapshot
Shareholding Compare (%holding) 
Majority shareholders
Promoters
Pledged Promoter Holdings
None
Mutual Funds
Held by 1 Schemes (0.0%)
FIIs
Held by 51 FIIs (13.99%)
Promoter with highest holding
Devendra Prakash Shah (16.93%)
Highest Public shareholder
Sixth Sense India Opportunities Iii (5.14%)
Individual Investors Holdings
27.2%
Management
Designation
Remuneration
Devendra Shah
Executive Chairman
2.4 cr
Pritam Shah
Managing Director & CFO
2.4 cr
Nitin Dhavalikar
Independent Director
17.0 lacs
Narendra Ambwani
Independent Director
13.0 lacs
Radhika C Pereira
Independent Director
10.0 lacs
Ramesh Chandak
Independent Director
16.0 lacs
Nikhil Vora
Director
0
Akshali Devendra Shah
Executive Director
0
Virendra Varma
Company Sec. & Compli. Officer
0
Raw Materials Dashboard 
Raw Materials
Amount(Rs Cr)
% of RM Cost
No Data Available for Raw Material Segmentation
No Data Available
Finished Goods Dashboard 
Finished Goods
Amount(Rs Cr)
% of Sales Turnover
Other Operating Revenue
159.57
6.80%
Other Operating Revenue
Other Operating Revenue
Revenue and Profits:
Net Sales:
1,008 Cr
(Quarterly Results - Sep 2025)
Net Profit:
46 Cr
FMCG
INR 3,883 Cr (Small Cap)
29.00
54
0.00%
0.44
11.26%
3.24






