About ASACO
ASACO is an Aerospace, Defense & Maritime company based in India founded in 1969. Manufacturing of aerospace components and industrial machinery in India. It operates in the Aerospace, Defense & Maritime and Industrial Goods & Manufacturing sectors. ASACO has raised $984.64 thousand across 1 funding round. The company has 130 employees. Its Indian entity Asaco Private Limited reported revenue of ₹70.73 Cr. ASACO offers products and services including Aerospace Components and Sub-systems. Its focus areas include Aerospace, Manufacturing, Aerospace Components and Engines and Sub-assemblies.
Company details
ASACO has been established as a key player in manufacturing aerospace components and sub-systems since 1969, with operations spanning 55 years. It is noted for supplying critical engines to ISRO and maintaining a state-of-the-art facility equipped with CNC machines and quality control labs. Certifications such as ISO9001 and AS9100 are held by the company, which employs over 150 personnel, including engineers, to support industrial manufacturing needs. Contributions to the aerospace sector are demonstrated through its accredited processes and client engagements.
- Headquarters India
- Employees 130
- SectorsAerospace, Defense & MaritimeIndustrial Goods & Manufacturing
- Email••••••••
- Legal Name Asaco Private Limited
- Date of Incorporation 02 Apr, 1969
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹70.73 Cr
FY 2024 · +78% YoY
- Net Profit₹9.54 Cr
FY 2024 · 13% margin
- EBITDA₹14.96 Cr
FY 2024 · 21% margin
- Total Equity Funding$984.64K (USD)
in 1 rounds
- Latest Funding Round$984.64K (USD), Angel Round
Dec 2019
- Employee Count130
Associated legal entities of ASACO
ASACO operates through Asaco Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Asaco Private Limited CIN U29100TG1969PTC003800 | Active | 02 Apr 1969 | Hyderabad, Telangana | ₹70.7 Cr | 130 | 3 | View details |
Products & Services of ASACO
ASACO offers a comprehensive portfolio of products and services, including Aerospace Components and Sub-systems.
Critical components for aerospace applications are produced using advanced machinery.
Sub-assemblies for launch vehicles are supplied to key clients.
Funding Insights of ASACO
ASACO has successfully raised a total of $984.64K through 1 strategic funding round. The most recent funding activity was a Angel Round of $984.64 thousand completed in December 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $984,638
- Total Rounds 1
- Last Round Angel Round — $984,638
- First Round $984,638
(Dec 2019)
All 1 funding rounds of ASACO with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2019 | $984,638 | Angel Round | – | – | – |
Board of directors of Asaco Private Limited (ASACO)
Asaco Private Limited is the primary company behind ASACO. The board of Asaco Private Limited currently have 2 directors; the longest-serving is Sunil Kumar Jain, appointed in 2019. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sunil Kumar Jain DIN 00891956 | Director | 17 Jul 2019 | 7 yrs 3 mo | Asaco Private Limited |
| Rajeshkumar Kothapalli DIN 07879771 | Managing Director | 17 Jul 2019 | 7 yrs 3 mo | Asaco Private Limited |
People of ASACO
9 people are tracked at ASACO (5 in leadership, 4 in team); the tracked headcount is 130.
| Name | Role | Group |
|---|---|---|
Rajesh Kothapalli | Chief Executive Officer | Leadership |
San Rose Venugopal | Head Of Business Development | Leadership |
Chodavarapu Rsprasad | Head Hr,ir &admn | Leadership |
S Sreenivasan | Vice President | Leadership |
Vinu Priyan | Head Of Business Operations | Leadership |
Pravar Jain | Strategy Manager | Team |
Avi Hadayo | Business Development Israel Country Manager | Team |
Pavan Kumar Gundimeda | Senior Engineer In Estimation & Costing ( Business Development Dept.) | Team |
Sai Kishore | Project Manager | Team |
Complete people profiles for ASACO
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of ASACO
Figures of Asaco Private Limited, the primary company behind ASACO, for FY 2024. Revenue was ₹70.73 Cr (+78% year on year). Net profit was ₹9.54 Cr (13% margin). EBITDA was ₹14.96 Cr (21% margin). Revenue has grown at a compounded annual rate of +46% over three years and +31% over five years.
- ₹70.73 CrRevenue · FY 2024 · +78% YoY
- ₹9.54 CrNet profit · 13% margin
- ₹14.96 CrEBITDA · 21% margin
- ₹6.42 CrPaid-up capital
- 130Employees (provident fund records)
- +46%Revenue CAGR, 3 years
- +31%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Asaco Private Limited are on its company page.
Detailed financial statements for ASACO
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of ASACO
2 dated milestones of ASACO across 50 years, from founding to its latest funding, stage changes and deals.
- Founded ASACO is founded.
- Funding First funding round of $985K.
Top companies in Aircraft Manufacturing & Components
3 companies that operate in the same segment as ASACO (Aircraft Manufacturing & Components) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Complex aircraft parts and components are manufactured and supplied. | 2016 | Bengaluru, Karnataka, India | USD 30.04 M | USD 25.58 M | 104 | |
Forged components and precision parts for aerospace are manufactured. | 2008 | Hyderabad, Telangana, India | USD 29.02 M | USD 63.95 M | 1,800 | |
Designs and manufactures defense vehicles, aerospace structures, and security systems for military use. | 2007 | Delhi, Delhi, India | USD 430.52 M | 3,837 |
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Frequently Asked Questions about ASACO
ASACO was founded in 1969 and raised its 1st funding round 50 years after it was founded.
ASACO is headquartered in India.
ASACO is a funded company, having raised a total of $984.64K across 1 funding round to date. The company's 1st funding round was a Angel Round of $984.64K, raised on Dec 2019.
ASACO has 130 employees.
The primary company behind ASACO, Asaco Private Limited, reported revenue of ₹70.73 Cr for FY 2024, up 78% year on year.
ASACO has been established as a key player in manufacturing aerospace components and sub-systems since 1969, with operations spanning 55 years. It is noted for supplying critical engines to ISRO and maintaining a state-of-the-art facility equipped with CNC machines and quality control labs. Certifications such as ISO9001 and AS9100 are held by the company, which employs over 150 personnel, including engineers, to support industrial manufacturing needs. Contributions to the aerospace sector are demonstrated through its accredited processes and client engagements.
ASACO offers Aerospace Components and Sub-systems.
ASACO operates through Asaco Private Limited.
The legal entities of ASACO currently have 3 directors, including Sunil Kumar Jain, Rajeshkumar Kothapalli, Venkateshwara Pratap Pingali.