About Siepmanns Card Systems
Siepmanns Card Systems is a Financial Services company based in Vasai (India) founded in 1988, and was acquired by Linxens in January 2019. Plastic payment cards are manufactured for financial transactions in India. The company has 63 employees. Its Indian entity Linxens India Private Limited reported revenue of ₹10.95 Cr. Its focus areas include Banking Equipment Manufacturers.
Company details
Siepmanns Card Systems was founded in 1988 in Vasai, India, where operations center on the production of plastic payment cards. The company operates within the financial technology sector, focusing on the design, manufacturing, and supply of durable cards used for secure transactions. Services encompass customization for banks and payment providers, with all activities based in the Indian location to serve regional and international markets.
- Headquarters Vasai, India
- Employees 63
- Stage Acquired
- SectorsFinancial Services
- Website siepmanns.com
- Acquired by Linxens (Jan 2019)
- Legal Name Siepmann's Card Systems Pvt Ltd
- Date of Incorporation 22 Jul, 1988
- Jurisdiction Thane, Maharashtra, India
Associated legal entities of Siepmanns Card Systems
Siepmanns Card Systems operates through Linxens India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Linxens India Private Limited CIN U25200MH1988PTC048199 | Active | 22 Jul 1988 | Thane, Maharashtra | ₹11.0 Cr | 63 | 4 | View details |
Investors in Siepmanns Card Systems
Siepmanns Card Systems has secured backing from 1 investor. Prominent investors backing the company include Linxens.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Microconnectors, RFID antennas, and secure ID components are manufactured. | 1988 | linxens.com | Guyancourt, France |
Investor details for Siepmanns Card Systems
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Board of directors of Linxens India Private Limited (Siepmanns Card Systems)
Linxens India Private Limited is the primary company behind Siepmanns Card Systems. The board of Linxens India Private Limited currently have 3 directors; the longest-serving is Arnaud Brunetiere, appointed in 2021. 12 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Arnaud Brunetiere DIN 08453789 | Director | 28 Aug 2021 | 5 yrs 2 mo | Linxens India Private Limited |
| Arabinda Pattnaik DIN 10837736 | Additional Director | 04 Dec 2024 | 1 yr 11 mo | Linxens India Private Limited |
| Kundan Singh DIN 10975538 | Additional Director | 28 Mar 2025 | 1 yr 7 mo | Linxens India Private Limited |
Financials of Siepmanns Card Systems
Figures of Linxens India Private Limited, the primary company behind Siepmanns Card Systems, for FY 2025. Revenue was ₹10.95 Cr (-56% year on year). Net loss was -₹11.19 Cr (-102% margin). EBITDA was -₹8.45 Cr (-77% margin). Revenue has grown at a compounded annual rate of -34% over three years and -20% over five years.
- ₹10.95 CrRevenue · FY 2025 · -56% YoY
- -₹11.19 CrNet loss · -102% margin
- -₹8.45 CrEBITDA · -77% margin
- ₹47.93 CrPaid-up capital
- 63Employees (provident fund records)
- -34%Revenue CAGR, 3 years
- -20%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Linxens India Private Limited are on its company page.
Detailed financial statements for Siepmanns Card Systems
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Timeline of Siepmanns Card Systems
2 dated milestones of Siepmanns Card Systems across 31 years, from founding to its latest funding, stage changes and deals.
- Founded Siepmanns Card Systems is founded.
- Exit Acquired by Linxens.
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Frequently Asked Questions about Siepmanns Card Systems
Siepmanns Card Systems was founded in 1988.
Siepmanns Card Systems is headquartered in Vasai, India. It is registered at Vasai, Maharashtra, India.
Siepmanns Card Systems has 63 employees.
The primary company behind Siepmanns Card Systems, Linxens India Private Limited, reported revenue of ₹10.95 Cr for FY 2025, down 56% year on year.
Siepmanns Card Systems was founded in 1988 in Vasai, India, where operations center on the production of plastic payment cards. The company operates within the financial technology sector, focusing on the design, manufacturing, and supply of durable cards used for secure transactions. Services encompass customization for banks and payment providers, with all activities based in the Indian location to serve regional and international markets.
Siepmanns Card Systems has 1 investor. Key investors include Linxens.
Siepmanns Card Systems operates through Linxens India Private Limited.
Yes. Siepmanns Card Systems was acquired by Linxens in January 2019.
The legal entities of Siepmanns Card Systems currently have 4 directors, including Nikhil Dinesh Jain, Arnaud Brunetiere, Kundan Singh and others.