About Giesecke & Devrient Ms India Private Limited
Data last updated:
Giesecke & Devrient Ms India Private Limited is a foreign private limited company based in New Delhi, Delhi, India, a subsidiary of Giesecke+Devrient Epayments Gmbh. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 17 March 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2016FTC292717. Its GSTIN is 07AAGCG3270K1ZH (Delhi). The company holds 7 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹4.95 Cr and a paid-up capital of ₹3.59 Cr. It is led by directors including Debabrata Saha (Managing Director) and Andreas Riegg.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No.218 Block A Okhla Industrial Area Phase – I, New Delhi, Delhi, India – 110020.
As per the financials filed for FY 2025, the company reported a revenue of ₹520.14 Cr, a decline of 37% compared to the previous year. For the same year it recorded a net profit of ₹56.25 Cr (net margin 10.8%) and EBITDA of ₹83.04 Cr (EBITDA margin 16%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 17% over five years.
The company has about 530 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Giesecke+Devrient. Court records list 14 cases involving the company, including 6 filed by the company and 8 filed against it. The company has 3 deals on record (1 rights issue, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.16 Cr; the latest was in February 2018. The company has 13 MSME Form 1 returns on record between 2019 and 2024, listing 2,148 overdue payments to 37 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gi-de.com.
Company details
Contact details
Giesecke & Devrient Ms India Private Limited's registered office is in New Delhi, Delhi. Its website is gi-de.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No.218 Block A Okhla Industrial Area Phase – I, New Delhi, Delhi, India – 110020
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Giesecke & Devrient Ms India Private 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
Brands
Giesecke & Devrient Ms India operates one associated brand: Giesecke+Devrient. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Security technology is provided for digital infrastructure and financial platforms. | gi-de.com |
Business activity
The main business activities of Giesecke & Devrient Ms India are manufacturing and information and communication. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities and computer programming, consultancy and related activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | |
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Giesecke & Devrient Ms India Private Limited, buy the company report.
Financials of Giesecke & Devrient Ms India Private Limited
FY 2025 filings availableGiesecke & Devrient Ms India Private Limited reported revenue of ₹520.14 Cr (down 37% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 37% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 17%. EBITDA fell 26% 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 |
|---|---|---|---|---|---|
| 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 | ₹83.04 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹56.25 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16% | ||||
| Net Profit Margin | 10.8% | ||||
| 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 Giesecke & Devrient Ms India Private Limited, buy the company report.
Board of directors of Giesecke & Devrient Ms India Private Limited
Giesecke & Devrient Ms India has 7 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Andreas Riegg | Director | 25 Aug 2023 | 3 Years 2 Months | Current |
| Gabrielle Marie Pascale Carrier Ep Bugat | Director | 28 Oct 2020 | 5 Years 11 Months | Current |
| Jan Henning Gerhard Bock | Director | 11 Mar 2021 | 5 Years 7 Months | Current |
| Debabrata Saha | Managing Director | 28 Oct 2020 | 5 Years 11 Months | Current |
| Sachin Arora | Director | 23 Nov 2022 | 3 Years 11 Months | Current |
| Karin Furmaniak | Director | 02 Mar 2023 | 3 Years 7 Months | Current |
Auditor
Giesecke & Devrient Ms India Private Limited is audited by B S R & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2023 | 101248W/W-100022 |
Shareholding
The shareholding of Giesecke & Devrient Ms India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Giesecke & Devrient Ms India Private Limited, buy the company report.
Deals & funding
Giesecke & Devrient Ms India Private Limited has 3 deals on record (1 rights issue, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.16 Cr; the latest was in February 2018.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2018 | Rights issue | ₹43.47 Cr | Investors: Giesecke + Devrient Mobile Security GmbH |
| Jun 2017 | Secondary share transfer | Undisclosed | Buyer: Giesecke + Devrient Mobile Security GmbH Seller: Giesecke & Devrient Gmbh |
| Jan 2017 | Funding round | ₹2.16 Cr | Investors: Giesecke & Devrient Gmbh, Giesecke & Devrient International Finance, Sa |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Giesecke & Devrient Ms India Private Limited has 14 court cases on record: 6 filed by Giesecke & Devrient Ms India, 8 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 7 | 7 | 0 |
| High courts | 4 | 1 | 0 |
| NCLT | 2 | 0 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by Ritu Agarwal Promoter/Suspended Board of Directors Lumata Digital India Private Limited | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Thinksys Software Private Limited | Disposed |
| Supreme Court | Court case (-Ordinary Civil Matters) | Filed by the company against Zte Telecom India Private Limited S/D/W/Thru:- Feng Ji Through Its Authorized Signatory Tower B Building No. 10, 6 Floor DLF Cyber City Phase II Gurgaon Haryana , District: Gurgaon ,Gurgaon , Haryana and 1 other | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed by the company against M/S Smart Card IT Solutions Limited | Disposed |
| Bombay High Court | Writ petition | Filed against the company by M-Tech Innovations Ltd | Disposed |
To see the full case history of Giesecke & Devrient Ms India 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.
MSME payment delays
Giesecke & Devrient Ms India Private Limited has 13 MSME Form 1 returns on record between 2019 and 2024, listing 2,148 overdue payments to 37 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 37)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Versatile Card Technology Private Limited | |||
| an individual supplier | |||
| Hiflo Solders Private Limited | |||
| Linxens India Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Giesecke & Devrient Ms India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Giesecke & Devrient Ms India Private Limited has a workforce of 530 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Giesecke & Devrient Ms India has 7 GST registrations: 6 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAGCG3270K1ZH | Delhi | Active | 01 Jul 2017 |
| 27AAGCG3270K1ZF | Maharashtra | Active | 01 Jul 2017 |
| 33AAGCG3270K1ZM | Tamil Nadu | Active | 01 Jul 2017 |
| 06AAGCG3270K2ZI | Haryana | Active | 01 Aug 2017 |
To see the full GST registrations and return filing status of Giesecke & Devrient Ms India Private Limited, buy the company report.
Recent activity
Giesecke & Devrient Ms India Private Limited has 19 board changes on record since 2017: 7 appointments and 12 cessations. The latest: Dieter Weiss ceased to be Additional Director on 21 Sep 2025.
10 earlier events are in the company report.
News
Frequently asked questions
Giesecke & Devrient Ms India is an active foreign private limited company based in New Delhi, Delhi, India. The company works in software development and support services, within the information technology industry. It was incorporated on 17 March 2016 (10+ years old) and is registered under CIN U74999DL2016FTC292717.
Giesecke & Devrient Ms India has 7 current directors:
- Debabrata Saha - Managing Director
- Andreas Riegg - Director
- Gabrielle Marie Pascale Carrier Ep Bugat - Director
- Jan Henning Gerhard Bock - Director
- Sachin Arora - Director
- Karin Furmaniak - Director
- Dieter Weiss - Director
The latest financial statements of Giesecke & Devrient Ms India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Giesecke & Devrient Ms India is 07AAGCG3270K1ZH, registered in Delhi. The company has 7 GST registrations in all, of which 6 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAGCG3270K1ZF (Maharashtra), 33AAGCG3270K1ZM (Tamil Nadu), 06AAGCG3270K2ZI (Haryana).
The CIN (Corporate Identification Number) of Giesecke & Devrient Ms India is U74999DL2016FTC292717. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Giesecke & Devrient Ms India has 14 court cases on record: 6 filed by the company and 8 filed against it. Most are in the nclat.
Giesecke & Devrient Ms India was incorporated on 17 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Delhi.
Giesecke & Devrient Ms India has 3 deals on record (1 rights issue, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.16 Cr; the latest was in February 2018.
Dieter Weiss ceased to be Additional Director on 21 Sep 2025. Dieter Weiss was appointed as Director on 07 Mar 2025. Andreas Riegg ceased to be Additional Director on 25 Sep 2023. Giesecke & Devrient Ms India has 19 board changes on record in total.
Giesecke & Devrient Ms India has 13 MSME Form 1 returns on record between 2019 and 2024, listing 2,148 overdue payments to 37 micro and small suppliers. The latest return was filed on 25 Apr 2024.
Giesecke & Devrient Ms India can be reached through the website gi-de.com. Its registered office is in New Delhi, Delhi, India.