About First Overseas Capital Limited
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First Overseas Capital Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Chasam Investment And Leasing Pvt Ltd. It operates in the investment banking and advisory segment of the financial services sector. It was incorporated on 23 March 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH1998PLC114103. Its GSTIN is 27AAACL4737A1ZV (Maharashtra).
The company has an authorised share capital of ₹22.58 Cr and a paid-up capital of ₹22.58 Cr. It is led by directors including Puja Satyen Dalal and Devanshu Pravin Desai.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bhupen Chambers Ground Floor Unit – I Dalal Street Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹75.64 Lakh, a decline of 90% compared to the previous year. For the same year it recorded a net loss of ₹1.32 Cr (net margin -174.6%) and EBITDA of -₹83.69 Lakh (EBITDA margin -110.6%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years and 13% over five years.
As per MCA filings, the company has open charges of ₹2.85 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website focl.in.
Company details
CIN history
First Overseas Capital has one previous CIN (Corporate Identification Number): U67120MH1998PTC114103. The current CIN is U67120MH1998PLC114103, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120MH1998PLC114103 | Current |
| U67120MH1998PTC114103 | Previous |
Contact details
First Overseas Capital Limited's registered office is in Mumbai, Maharashtra. Its website is focl.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBhupen Chambers Ground Floor Unit – I Dalal Street Fort, Mumbai, Maharashtra, India – 400001
- IndustryFinancial Services, Investment Banking & Advisory
To see the full contact details of First Overseas Capital Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of First Overseas Capital is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of First Overseas Capital Limited, buy the company report.
Financials of First Overseas Capital Limited
FY 2024 filings availableFirst Overseas Capital Limited reported revenue of ₹75.64 Lakh (down 90% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 90% fall in the latest year. EBITDA fell 166% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹83.69 Lakh | ||||
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| Net Profit (PAT) | -₹1.32 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -110.6% | ||||
| Net Profit Margin | -174.6% | ||||
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To see the full financial statements and ratios of First Overseas Capital Limited, buy the company report.
Board of directors and KMP of First Overseas Capital Limited
First Overseas Capital Limited currently reports 3 directors and 1 key managerial person. 6 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Puja Satyen Dalal | Director | 03 Sep 2014 | 12 Years 1 Months | Current |
| Devanshu Pravin Desai | Director | 28 May 2003 | 23 Years 5 Months | Current |
| Pratul Narendra Dalal Also directs: Western Press Private Limited, Sheetal Shelters Private Limited, Muller and Phipps Agencies Limited and 1 more | Director | 29 Jan 2001 | 25 Years 9 Months | Current |
| Satyen Bhupendra Dalal Also directs: Kemp and Company Limited, Electrowater Technologies Private Limited, VG Royal Pharmacy Limited and 5 more | Cfo | 25 Mar 2023 | 3 Years 7 Months | Current |
Auditor
First Overseas Capital Limited is audited by GANESH & RAJENDRA ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GANESH & RAJENDRA ASSOCIATES | FY 2021 | 103055W |
Shareholding
The shareholding of First Overseas Capital Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of First Overseas Capital Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jan 2025 | 101039125 | Axis Bank Limited | ₹2.85 Cr | Open |
Total charge records: 1 View all charges
Legal cases
First Overseas Capital Limited has 4 court cases on record: 2 filed by First Overseas Capital, 2 filed against it. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 1 |
| District courts | 1 | 1 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (EX.P.) | Filed against the company by Ms Shoes East Limited Later Known As Tomorrowland Technologies Exports Limited Now Tommorrowland Li and 1 other | Pending |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed against the company by an individual | Pending |
| Bombay High Court | Writ petition | Filed by the company against Securirties and Exchange Board of India | Disposed |
| High Court | Writ petition | Filed by the company against Securities Exchange Board of India | Disposed |
To see the full case history of First Overseas Capital Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for First Overseas Capital Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
First Overseas Capital has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACL4737A1ZV | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of First Overseas Capital Limited, buy the company report.
Recent activity
First Overseas Capital Limited has 9 board changes on record since 2001: 4 appointments and 5 cessations. The latest: Satyen Bhupendra Dalal was appointed as CFO on 25 Mar 2023.
1 earlier event is in the company report.
Frequently asked questions
First Overseas Capital is an active public limited company based in Mumbai, Maharashtra, India. The company works in investment banking and advisory, within the financial services industry. It was incorporated on 23 March 1998 (28+ years old) and is registered under CIN U67120MH1998PLC114103.
First Overseas Capital has 4 current directors and KMP:
- Puja Satyen Dalal - Director
- Devanshu Pravin Desai - Director
- Pratul Narendra Dalal - Director
- Satyen Bhupendra Dalal - Cfo
The latest financial statements of First Overseas Capital on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of First Overseas Capital is 27AAACL4737A1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of First Overseas Capital is U67120MH1998PLC114103. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
First Overseas Capital has 4 court cases on record: 2 filed by the company and 2 filed against it. 2 are pending. Most are in the high courts.
First Overseas Capital was incorporated on 23 March 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
Satyen Bhupendra Dalal was appointed as CFO on 25 Mar 2023. Devanshu Pravin Desai ceased to be Director on 30 Aug 2022. Pratul Narendra Dalal ceased to be Director on 30 Aug 2022. First Overseas Capital has 9 board changes on record in total.
First Overseas Capital can be reached through the website focl.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of First Overseas Capital is at Bhupen Chambers Ground Floor Unit – I Dalal Street Fort, Mumbai, Maharashtra, India – 400001.
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