- Was involved with a girl named Nanda who worked in Holiday Inn. This was prior to getting married.
- Deepak's wife Sarita Chatley was based in Indonesia. After seeing Insaaf Ka Tarazu on video she told her family she would love to marry a guy like Deepak. She had fallen in love with him. Sarita's family then flew down to India to arrange a marriage between her and a cousin of Deepak Parasher. Unfortunately he had already got engaged to another girl. That is when a family member arranged her match with Deepak Parashar.
- Made the bold decision to announce that he was gay on the reality television show "Bigg Boss".
- Eldest sister Sunita passed away from a fire accident when she was 22. She left behind a 9 month year old baby girl named Ritu.
- In November 1986, Deepak was involved in a life threatening boat accident. He had gone to the U.A.E. in Dubai to receive the Kala Ratan best actor award for Nikaah. During a boat ride he suffered the mishap. The boat over turned and killed the two other passengers who were on it. Deepak's left leg got stuck in the engines propeller. His calf muscle was ripped off. Deepak lost allot of blood. Thankfully he was rescued and taken to Rashid hospital. There his leg was almost amputated due to no feelings in his leg.They feared he had gangrene. They finally realized it was the pain medication that was making his leg numb. Deepak was sent back to India where he slowly made a recovery and saved his leg from being amputated.. A month later his daughter was born.
- Former model.
- Often mistaken and mixed up with Assistant director and producer Deepak Prashar. Deepak was the elder brother of director Pankaj Parashar . People would mixup both Deepak Parashar's because both have the same exact name. The other Deepak passed away in the 1980's. He was best friends with Naseeruddin Shah.
- Accused Raj Babbar and his secretary Mr. Joshi of stealing films from him. He also accused both spreading lies and rumors about him. This was reported in the Stardust Magazine May 1989.
- Ex wife's name is Sarita Parashar.
- Was involved with actress Sarika.
- Was involved with Shoma Anand.
- Chetan Anand had signed Raaj Kumar, Aamir Khan,Madhuri Dixit, Ved Thappar for the film Takht O Taj (1991).Chetan first wanted to make the film with Amitabh Bachchan and Hema (Replaced Priya Rajvansh) in 1975. He had also recorded the songs with Madan Mohan. But he shelved the film when he realized the budget would be too much. He later tried to revive the film and signed Deepak Parashar and Hema Malini. This was in 1978. Again the film got shelved. In 1982,Chetan Anand signed Rishi Kapoor and Padmini. Again the film could not see light of day. In 1990, Chetan Anand spoke to Raaj Kumar about the film and asked him if his son Puru Rajkumar was interested in doing the film and playing the role of Salim. Raaj Kumar stated that Puru was not ready to be an actor. Chetan finally revived the film as Takht O Taj in 1991. Ved Thappar was originally going to play Raaj Kumar's son due to his resemblance to the actor. But due to commercial reasons, Aamir Khan was signed for the role and Thappar was signed for the role of Durjan Singh, originally played by Ajit in Mughal E Azam. The film was later titled Mallika-e-Hind . The film was eventually shelved due to Chetan's bad health. There were stories going around in 1993 that Chetan wanted to make the film with Shahrukh Khan and Madhuri. But the plans never materialized.
- In 1979, Deepak Parashar asked his uncle Mohan Kumar to launch him as hero like Sanjay Dutt was going to be in Rocky. Mohan Kumar refused and told him he needs to come up on his own.
- Has a daughter named Radhika Parashar.
- Daughters name is Sunita Radhika Parashar. She was born in December 25,1986.
- Always mistaken as actor Yuvraj Parashar father due to their last names.
- Starred in the shelved movie,J.J. Films Corporation "Aao Bhag Chalen"(1995) Starring Deepak Parashar,Reema, Sadashiv Amrapurkar,Alok Nath,Ashok Saraf,Pankaj Berry,Sudhir Dalvi,Anjali Kholapure,Vivek Shauq, Music Dilip Sen Sameer Sen, Produced by Mintoo Khurana,Jasbir Singh Khurana, Directed by Prakash Kapoor.
- Brother's named Dilip Parashar and Mukesh Parashar.
- Nephew is upcoming actor Shakti Parashar.
- Maternal nephew of director Mohan Kumar ( Mother's brother).
- Was involved with model Anita Reddy for 7 years prior to getting married. Anita wanted to become a actress and Deepak knew he did not want to marry a actress.. Anita went on to act in the 1982 film Tumhare Bina.
- Wanted to marry Mona Shourie in 1983. Mona's mother Satee advised him to back off as she was going to marry Boney Kapoor.
- Cousin of actor Rohit Kumar.
- Was involved with a lady named Neerja Virk for 17 years. She passed away in 2011.
- Nephew of Production Controller Surinder Kumar (Mohan Kumar's brother).
- Father name is Vishwanath Parashar and mother name is Shobha.
- Starred in the shelved film Jangleshwar Films "Pyaar Banthe Chalo" (1983) Javed Khan(Replaced Deepak Parashar),Debashree Roy(Replaced Sarika),Pran,Shakti Kapoor, Music by P.R. Choudhary, Directed by Gopal Mishra .
- Starred in the shelved movie Star Movies "Shaitan Aur Insaan"(1990) Starring Deepak Parashar, Anita Chopra, Abhishek, Sunita Singh, Brahmchari, Mac Mohan, Rakesh Pandey, Bhagwan Dada,Music by Jitin -Shyam, Directed by Liyaqatullah.
- Starred in the shelved film "Dharam"(1981) Starring Deepak Parashar, Mazhar Khan.
- Starred in the shelved movie Voice and Vision International's "Kahin Deep Jale Kahin Dil" (1982) Starring Nutan,Deepak Parashar (Double Role) Jagdeep, Music by Usha Khanna,Directed by D.S. Azaad.
- Starred in Prakash Mehra shelved production in 1981/1982. Starring Deepak Parashar, Aarati Gupta .
- Starred in the shelved movie M.K.B. Films "Bebasi"(1990) Starring Deepak Parashar ( Replaced NRI actor Zahid Ali), Salma Agha, Javed Khan,Music by Nadeem Shravan, Produced and Directed by Mohan Bhakri.
- Starred in the shelved movie Nitin Movies "Zakham Pe Zakham"(1988) Starring Deepak Parashar,Raunaq,Javed Khan, Mayur,Manisha,Kiran Kumar,Music by Amar Utpal,Directed by Afaq Khan.
- Starred in the shelved film Tarun Films "Dushman Dada"(1982) Starring Deepak Parashar,Vijayendra Ghatge,Sulakshna Pandit, Neeta Mehta,Shakti Kapoor, Chandan Kumar, Music by Mandheer - Jatin,Produced by Chandur T. Sadarangani, Written and Directed Rajesh Mittal.
- Starred in PMP (Prakash Mehra Production) shelved untitled film in 1981. Starring Deepak Parashar, Arti Gupta, Produced by Prakash Mehra, Directed by Sushil Malik.
- Starred in the shelved movie "Dharam"(1980) Starring Deepak Parashar, Madan Puri, Mazhar Khan, Music by Usha Khanna, Produced by Mahendra Bohra, Directed by Dinesh Ramnesh.
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