MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-TS-25-0000016
Asaco Private Limited - transport and logistics in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹70.73 Cr
▲ 78% YoY
Net profit · FY 2024
₹9.54 Cr
Net margin 13.5%
EBITDA · FY 2024
₹14.96 Cr
EBITDA margin 21.2%
Authorised capital
₹13.46 Cr
Registered with MCA
Paid-up capital
₹6.42 Cr
Issued & subscribed
Open charges
₹40 Cr
Satisfied ₹118.03 Cr
Company age
57 yrs
Est. 1969
Employees · EPFO
130
Provident fund records
About Asaco Private Limited
Data last updated:
Asaco Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the aircraft and component manufacturing segment of the transport and logistics sector. It was incorporated on 02 April 1969 and has been in existence for over 57 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U29100TG1969PTC003800. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹13.46 Cr and a paid-up capital of ₹6.42 Cr. It is led by directors Rajeshkumar Kothapalli (Managing Director) and Sunil Kumar Jain.
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 Hyderabad, Telangana.
As per the financials filed for FY 2024, the company reported a revenue of ₹70.73 Cr, a growth of 78% compared to the previous year. For the same year it recorded a net profit of ₹9.54 Cr (net margin 13.5%) and EBITDA of ₹14.96 Cr (EBITDA margin 21.2%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years and 31% over five years.
The company has about 130 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: ASACO. As per MCA filings, the company has open charges of ₹40 Cr and satisfied charges of ₹118.03 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending. The company has 14 deals on record (11 secondary share transfers, 3 funding rounds), with disclosed funding of ₹9.63 Cr; the latest was in June 2021.
Asaco Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-25-0000016). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website asaco.in.
Company details
CIN U29100TG1969PTC003800
Registration Number 003800
Incorporation Date 02 April 1969
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TS-25-0000016
CIN history
Asaco has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U29100TG1969PTC003800, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29100TG1969PTC003800 | Current |
| U28999TG1969PTC003800 | Previous |
| U28999AP1969PTC003800 | Previous |
Recognitions & Rankings of Asaco
Contact details
Asaco Private Limited's registered office is in Hyderabad, Telangana. Its website is asaco.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGround Floor Mrl House 6 – 3 – 663/B Behind Topaz Building, Punjagutta, Hyderabad, Telangana, India – 500082
- IndustryTransport and Logistics, Aircraft & Component Manufacturing
To see the full contact details of Asaco Private Limited, buy the company report.
Comprehensive company report
Asaco Private 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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Financials of Asaco Private Limited
FY 2024 filings availableAsaco Private Limited reported revenue of ₹70.73 Cr (up 78% YoY) for FY 2024.
Revenue · FY 2024
₹70.73 Cr ▲ 78%
Net profit · FY 2024
₹9.54 Cr margin 13.5%
EBITDA · FY 2024
₹14.96 Cr margin 21.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 78%
3 years · compounded
▲ 46%
5 years · compounded
▲ 31%
EBITDA CAGR growth
1 year
▲ 28%
3 years · compounded
▲ 43%
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 78% growth in the latest year. EBITDA rose 28% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹14.96 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.54 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.2% | ||||
| Net Profit Margin | 13.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Asaco Private Limited, buy the company report.
Board of directors of Asaco Private Limited
Asaco has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Kumar Jain Also directs: Natural Bleach Earths Limited, Natural Clay Tech Private Limited, Natural Bleach Chem Private Limited and 5 more | Director | 17 Jul 2019 | 7 Years 3 Months | Current |
| Rajeshkumar Kothapalli | Managing Director | 17 Jul 2019 | 7 Years 3 Months | Current |
Auditor
Asaco Private Limited is audited by For Rambabu & Co for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| For Rambabu & Co | FY 2024 | 002976S |
Shareholding
The shareholding of Asaco Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Asaco Private Limited, buy the company report.
Charges & borrowings
Open charges
₹40 Cr
Satisfied charges
₹118.03 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Dec 2024 | 101056365 | Others | ₹10 Cr | Open | |
| 02 Jan 2020 | 100313470 | Others | ₹30 Cr | Open | |
| 20 Jun 2020 | 100348226 | Others | ₹75 Lakh | Satisfied | |
| 03 Apr 2017 | 100111028 | Canara Bank | ₹2.02 Cr | Satisfied | |
| 30 Mar 2017 | 100108472 | State Bank of India | ₹2.57 Cr | Satisfied |
To see the full charge records of Asaco Private Limited, buy the company report.
Total charge records: 50 View all charges
Deals & funding
Asaco Private Limited has 14 deals on record (11 secondary share transfers, 3 funding rounds), with disclosed funding of ₹9.63 Cr; the latest was in June 2021.
Total deals
14
Secondary share transfers
11
Funding rounds
3
Disclosed funding
₹9.63 Cr
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Jun 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Apr 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Global Tech Park Private Limited |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: MRL Projects Private Limited |
| Feb 2019 | Secondary share transfer | Undisclosed | Buyer: MRL Projects Private Limited , Global Tech Park Private Limited , 2 individuals Seller: 2 individuals |
To see the full deal history of Asaco Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Asaco Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Total cases
2
Filed against the company
2
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BELAGAVI, Karnataka | Civil suit | Filed against the company by Hyloc Hydrotechnic Pvt. Ltd. | Disposed |
| District court, Hyderabad Central, Telangana | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Asaco Private 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.
Credit ratings & regulatory alerts
Asaco Private Limited was last rated by Care on 21 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 21 Dec 2021 |
To see the full credit ratings and regulatory alerts of Asaco Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Asaco Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Asaco Private Limited has a workforce of 130 employees on its EPFO records as of Oct 08, 2025, across 1 active EPFO establishment.
Employee count
130
Active EPFO establishments
1
Employee growth
14.04%
GST
Asaco has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
Total GSTINs
2
Cancelled / inactive
2
To see the full GST registrations and return filing status of Asaco Private Limited, buy the company report.
Recent activity
Asaco Private Limited has 9 board changes on record since 2019: 3 appointments and 6 cessations. The latest: Pingali Venkateshwara Pratap was appointed as Company Secretary on 20 Mar 2020.
Charges
A charge with Others of Rs. 30.00 Cr registered on 02 Jan 2020 with Charge ID 100313470 was modified on 31 Dec 2025.
Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 101056365 was registered on 31 Dec 2024.
AGM
Asaco Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 20 Jun 2020 via Charge ID 100348226 with Others was fully satisfied on 21 Sep 2024.
Filing
Asaco Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Charges
A charge with Others amounted to Rs. 0.75 Cr with Charge ID 100348226 was registered on 20 Jun 2020.
Charges
A charge registered on 04 Jan 2016 via Charge ID 100038291 with Canara Bank was fully satisfied on 08 Jun 2020.
Charges
A charge registered on 27 Aug 2015 via Charge ID 10592430 with Canara Bank was fully satisfied on 08 Jun 2020.
Appointed
Pingali Venkateshwara Pratap was appointed as Company Secretary.
Charges
A charge registered on 30 Mar 2017 via Charge ID 100108472 with State Bank Of India was fully satisfied on 09 Jan 2020.
Charges
A charge with Others amounted to Rs. 30.00 Cr with Charge ID 100313470 was registered on 02 Jan 2020.
Charges
A charge registered on 03 Apr 2017 via Charge ID 100111028 with Canara Bank was fully satisfied on 30 Dec 2019.
112 earlier events are in the company report.
Frequently asked questions
Asaco is an active private limited company based in Hyderabad, Telangana, India. The company works in aircraft and component manufacturing, within the transport and logistics industry. It was incorporated on 02 April 1969 (57+ years old) and is registered under CIN U29100TG1969PTC003800.
Asaco has 2 current directors:
- Rajeshkumar Kothapalli - Managing Director
- Sunil Kumar Jain - Director
The latest financial statements of Asaco 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.
No. Asaco has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Asaco is U29100TG1969PTC003800. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asaco has 2 court cases on record: 2 filed against it. 1 is pending.
Asaco was incorporated on 02 April 1969, making it 57+ years old. It is registered with the Registrar of Companies, Hyderabad.
Asaco has 14 deals on record (11 secondary share transfers, 3 funding rounds), with disclosed funding of ₹9.63 Cr; the latest was in June 2021.
Pingali Venkateshwara Pratap was appointed as Company Secretary on 20 Mar 2020. Ajit Mohandas ceased to be Director on 25 Sep 2019. Kalavally Mohandas ceased to be Managing Director on 25 Sep 2019. Asaco has 9 board changes on record in total.
Yes, Asaco is registered as a small enterprise under Udyam registration (number: UDYAM-TS-25-0000016).