Personal Profile About Parag Shah
Parag Kishorchandra Shah is an Indian businessman and BJP politician from Mumbai. He was born on August 16, 1969. His 2024 election affidavit lists business as his profession and records a B.Com from Osmania University, completed in 1990. He entered electoral politics during the 2017 BMC election and won Ward 132 in Ghatkopar. Shah later won the Ghatkopar East Assembly constituency in 2019 and retained the seat in the 2024 Maharashtra election.
Parag Shah Becomes Beggar
Parag Shah becomes beggar on September 7, 2026. Shah spent about three hours disguised as a beggar in Ghatkopar. He went around the railway station, crossed the bridge, and walked through nearby roads while asking people for food. Shah said his office security guard and family members did not recognize him. He carried out the exercise after guidance from his Jain spiritual teacher. People gave him dal, rice, water, and samosas during the exercise.
Parag Shah Family
Parag Shah family includes his wife and two sons. Parag Shah and his wife Mansi Shah have two sons. Manan P. Shah and Vatsal P. Shah are both connected with Man Infraconstruction. Shah previously stated publicly that he has two sons, while company records identify Manan as his son, and Shah has directly referred to Vatsal as his younger son. His 2024 election affidavit names Kishorchandra Shah as his father and lists his spouse as a housewife and investor.
Parag Shah Net Worth
Parag Shah net worth is not available as an officially confirmed exact figure. An exact personal net worth has not been officially confirmed. Shah's 2024 election affidavit declared total assets of Rs. 3,383.06 crore and liabilities of Rs. 37.90 lakh. The declaration includes assets reported for Shah and his spouse. The Rs. 3,383.06 crore figure refers to declared assets and should not be treated as his exact current net worth.
Parag Shah Business
Parag Shah business is closely linked with Man Infraconstruction. Shah has been associated with Man Infraconstruction since 1991 after completing his commerce studies. The company's current board page lists Parag K. Shah as Chairman and credits him with more than 30 years of experience in the construction industry. Parag Shah’s shares in Man Infraconstruction stood at 11,97,46,405 on March 31, 2026. His shareholding was 29.66%, according to the company’s FY2025-26 records. This company-filed figure is preferable to later figures reported by secondary market databases.
Parag Shah Son
Parag Shah son details include Manan P. Shah and Vatsal P. Shah. Manan P. Shah is one of Shah's two sons and serves as Managing Director of Man Infraconstruction. Company records have identified Parag Shah as Manan's father. Vatsal P. Shah is Shah's younger son. Shah referred to Vatsal as "my younger son" during a Man Infraconstruction earnings call. The company's current board page lists Vatsal as a Director and says he has worked with MICL Global's international operations since 2020.
Parag Shah Religion
Parag Shah religion is identified as Jainism in published information about him. Sources identify Shah as a Gujarati Jain. Mumbai Mirror described him as a Gujarati Jain during the 2017 BMC election. His September 2026 exercise in Ghatkopar was also connected with Jain religious observance and followed guidance from a Jain spiritual teacher.