Mr. Bhupen Dalal


Mr. Bhupen Dalal serves as a Mentor to the company, First Overseas Capital Limited. After his internship with a London Stockbroker M/s Strauss Turnbull & Co., he acted as a stock broker in India from 1962 to 1992. He promoted CIFCO Ltd (Champaklal Investment & Financial Consultancy ltd.) in 1973 which was the pioneer in Merchant Banking in India. Moreover, he was the brainchild behind the NRI Scheme in India. Mr. Dalal was also the first to get approval for setting up a J.V in Financial Services in UK & Sri Lanka. He possesses the special skill of taking over sick companies & turning them around. With an expertise in Mergers and Acquisitions, he was one of the earliest Venture Capitalists in India having invested into several companies like 20th Century Finance, Ashok Leyland Finance & Birla Finance. At the age of 66, he received his law degree and advises on Companies Act & Other legal issues on a pro bono basis.


Mr. Satyen Dalal


Mr. Satyen Dalal is the Managing Director of First Overseas Capital Limited Post his education in the United Kingdom he has over 20 years of experience in the area of Investment and Corporate Banking services. With extensive exposure to Capital Markets, including Fundraising and Mergers & Acquisition. His main forte has been Mergers and Acquisition with a focus on Cross border deals. He has vast knowledge in all fields related to Equities, Commodities and Currency trading. His main areas of expertise are in the area of Pharma, Hospitality and Real Estate.


Mr. Asim Dalal


Mr. Asim Dalal is part of the First Overseas Capital Limited team. In the last 32 years he has gained experience in International Banking, Project finance, Stockbroking, Printing, Retail and eCommerce. Until 2015, Asim was the Managing Director of Bombay Swadeshi Stores Limited (The Bombay Store). His earlier assignments include a noteworthy stint with Hill Samuel Bank Limited in London in their International Banking Division, followed by a stint in the Equity & Euro-products division of Société Générale Strauss Turnbull Securities Limited in London. Until recently he was the CEO and JV partner of Indo Count Retail Ventures Pvt. Ltd to lead the foray into the domestic market in India for home textiles.


Mr. Rushabh Shroff


Mr. Rushabh Shroff is President of Operations with over 10 years of experience in Indian Capital markets, he has held senior management positions with vast knowledge in all fields related to equities, research & personalized advisory services. He also has hands-on experience in fundraising, strategic planning and business restructuring. He has experience in setting up start-ups to taking charge of an institutional desk. He has been successful in advising and managing his clients’ wealth as a portfolio manager. He also advises on Mergers & Acquisitions, valuations, etc. and is well conversant with all the regulatory requirements of the Financial Services industry.


Mr. Satish Sheth


Mr. Satish Sheth is President Merchant Banking Division with over 47 years of experience in Indian Capital markets, comprising 33 years of work experience in Financial Markets (Primary and Secondary) including M&A International Transactions for CIFCO and 14 years of work experience in Printing and Publishing Business under Western Press Pvt. Limited. He had a short stint working in the export business of Food products to the UK and Maldives fora large Food Processing Company.