First Overseas Capital Limited

First Overseas Capital Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U67120MH1998PLC114103 Incorporated 23 March 1998 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Public Limited Company financial services
Data last updated
Revenue · FY 2025
₹75.64 Lakh
▼ 90% YoY
Net loss · FY 2025
₹1.32 Cr
Net margin -174.6%
EBITDA · FY 2025
-₹83.69 Lakh
EBITDA margin -110.6%
Authorised capital
₹22.58 Cr
Registered with MCA
Paid-up capital
₹22.58 Cr
Issued & subscribed
Open charges
₹2.85 Cr
Secured borrowings
Company age
28 yrs
Est. 1998
Directors on board
4
As per MCA filings

About First Overseas Capital Limited

Data last updated:

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 U67120MH1998PLC114103
Registration Number 114103
Incorporation Date 23 March 1998
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Chasam Investment And Leasing Pvt Ltd
Compliance Status Active Compliant

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.

CINStatus
U67120MH1998PLC114103Current
U67120MH1998PTC114103Previous

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 Address
    Bhupen Chambers Ground Floor Unit – I Dalal Street Fort, Mumbai, Maharashtra, India – 400001
  • Industry
    Financial Services, Investment Banking & Advisory

To see the full contact details of First Overseas Capital Limited, buy the company report.

Comprehensive company report
First Overseas Capital Limited - one report that includes everything
  • 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
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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 codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK7Financial 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 available

First Overseas Capital Limited reported revenue of ₹75.64 Lakh (down 90% YoY) for FY 2025.

Revenue · FY 2025
₹75.64 Lakh ▼ 90%
Net loss · FY 2025
₹1.32 Cr margin -174.6%
EBITDA · FY 2025
-₹83.69 Lakh margin -110.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 90%
3 years · compounded
▼ 26%
5 years · compounded
▼ 13%
EBITDA CAGR growth
1 year
▼ 166%
3 years · compounded
▲ 44%
5 years · compounded
▲ 5%

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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹83.69 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.32 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-110.6%
Net Profit Margin-174.6%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

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.

Current Directors and KMP

Auditor

First Overseas Capital Limited is audited by GANESH & RAJENDRA ASSOCIATES for the financial year 2021.

Auditor firmFinancial yearFirm registration number
GANESH & RAJENDRA ASSOCIATESFY 2021103055W

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 categoryFY 2021FY 2020FY 2019FY 2018FY 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

Open charges
₹2.85 Cr
Satisfied charges
None
Breakdown by lending institutions
Axis Bank Limited₹2.85 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
17 Jan 2025101039125Axis Bank Limited₹2.85 CrOpen

Total charge records: 1 View all charges

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.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAACL4737A1ZVMaharashtraActive01 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.

Charges
A charge with Axis Bank Limited amounted to Rs. 2.85 Cr with Charge ID 101039125 was registered on 17 Jan 2025.
AGM
First Overseas Capital Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
First Overseas Capital Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai I.
Appointed
Satyen Bhupendra Dalal was appointed as CFO.
Ceased
Devanshu Pravin Desai ceased to be Director.
Ceased
Pratul Narendra Dalal ceased to be Director.
Ceased
Satyen Bhupendra Dalal ceased to be Additional Director.
Ceased
Puja Satyen Dalal ceased to be Additional Director.
Appointed
Puja Satyen Dalal was appointed as Director.
Ceased
Manoj Balkrishna Shukla ceased to be Director.
Appointed
Devanshu Pravin Desai was appointed as Director.
Appointed
Pratul Narendra Dalal was appointed as Director.

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:

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.