A new species of gregarious endoparasitoid, Parapanteles athamasae n. sp. (Hymenoptera: Braconidae), parasitising caterpillars of Charaxes athamas (Drury) (Lepidoptera: Nymphalidae) on the host plant Senegalia catechu (=Acacia catechu) (L.f.) Hurter & Mabb., is described from Maharashtra, India. Diagnostic characters of the new species include: propodeum with areola 0.93× longer than wide, legs yellow, hind tibia 4.30× as long as ovipositor, ovipositor sheaths exerted, first metasomal tergal plate 1.24× longer than wide, with coarse sculpture merging with longitudinal striations at 3/4 of the apical region. This is the first time a species of the family Nymphalidae Rafinesque is recorded in association with Parapanteles Ashmead, 1900. A key to the Indian species of Parapanteles based on females is also provided.