What Gopsons Printer does

Gopsons Printer is a Noida, India-based security printing company founded in 1986, operating manufacturing facilities in Noida (150,000 sq ft), Mumbai (50,000 sq ft), and Colombo, Sri Lanka. The company specializes in high-security printed documents and authentication products, including excise and tax stamps, bank cheques and passbooks, lottery and scratch tickets, railway tickets, OMR/ICR examination sheets, ATM and POS thermal paper rolls, and DuPont Tyvek wristbands. Its technology stack combines Flexo, Rotogravure, and Offset presses (up to 12 colors) with proprietary security features such as guilloche design, UV invisible ink, thermochromic printing, intaglio, holographic overlays, watermarks, and barcode/track-and-trace integration.

Gopsons serves government revenue departments (e.g., Inland Revenue Department of Nepal), Indian banks (under IBA/RBI security printer approval), international lottery boards across Asia, Africa, and Europe, and commercial customers in arcade, event, and retail channels. The company holds ISO 9001:2015 and ISO 27001:2013 certifications and is positioned as a security printer for sensitive financial and government documents. Customer relationships are direct, long-tenured (10+ years for several enterprise accounts), and managed through a sales-led, personal-service model.

Revenue is generated through project-based and volume-based product sales with quote-based pricing. Reported group total turnover was US $16 million in FY2018-2019. The company is privately held and family-managed by the Goel family (Anil, Gaurav, Nitin Goel, and Praveen Kumar hold operational roles), with no external institutional investors or public shareholders identified. International raw material sourcing is diversified across Hansol, Koehler, OJI, and Mitsubishi.

Name

Gopsons Printer

Legal name

Gopsons

Website

https://gppl.org

Company type

Private

Founded year

1986

Operating status

Operating

Headcount range

1–10 employees

Short description

Gopsons Printer is an India-based security printing company founded in 1986 that manufactures tax stamps, bank stationery, lottery tickets, ATM/POS thermal rolls, OMR sheets, and Tyvek wristbands for government agencies, banks, lottery boards, and event operators across Asia, Africa, and Europe.

Ownership category

akta.pro rank

Product category

Security Printing Services

NAICS

Commercial Printing (except Screen and Books) (323111), Printing and Related Support Activities (323)

SIC

Commercial Printing (2750)

akta.pro primary industry

Security & Specialty Print (Anti-Counterfeit, Secure Docs, Watermarks) (MPAJALAI)

akta.pro secondary industries

Security, Tamper-Evident & Track-and-Trace Printing (IMALAKAJ), Thermal & Label Printers (HDACAEAC), Printing & Business Forms (continuous forms, checks, tickets) (IMAMAHAH)

Keywords

• Security printing services
• Thermal paper rolls
• Tax stamp printing
• Lottery ticket printing
• Banking security stationery

Headquarters

HQ city

Noida

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Security Document Printing: Manufacturing and supply of security documents including tax stamps, excise stamps, railway tickets, lottery tickets, and certificates. Revenue generated through product sales to government and corporate clients.
2. Thermal Paper Rolls: Production and sale of thermal paper rolls for ATM, POS, and ticketing applications. Volume-based product sales with manufacturing facilities in Delhi, Mumbai, and Colombo.
3. Banking Stationery: Printing and supply of bank documents including cheques, passbooks, account forms, and continuous stationery. IBA-approved security printer supplying to banking sector.
4. Tyvek Wristbands: Conversion and printing of DuPont Tyvek wristbands for events, water parks, amusement parks, and identification purposes. Product sales with standard and custom designs.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels1 record

Core offering

Gopsons Printer manufactures security-printed physical products for government, banking, and commercial clients, including tax/excise stamps, thermal paper rolls (ATM/POS), lottery and scratch tickets, OMR/ICR examination sheets, bank cheques and security stationery, Tyvek wristbands, and railway tickets. The company uses overt and covert authentication features such as guilloche, UV invisible ink, intaglio, watermarks, and thermochromic printing to produce anti-counterfeit documents. Manufacturing is performed in-house at facilities in Noida, Mumbai, and Colombo.

Product overview

GOPSONS is a security printing company operating since 1986 with manufacturing facilities in Noida, Mumbai, and Colombo. The company offers a diverse portfolio of security-printed products including redemption tickets, Tyvek wristbands, excise/tax stamps, thermal paper rolls, OMR/ICR sheets, lottery tickets (passive and scratch-off), railway tickets, bank documents, continuous stationery, and postal stamps. The product portfolio centers on high-security document printing with various authentication features for government institutions, banks, amusement centers, and lottery organizations. Manufacturing capabilities include flexo, rotogravure, and offset presses up to twelve colors with finishing operations like slitting, hot foil stamping, embossing, intaglio, and die cutting.

Differentiator

Problem solved

Functional benefit

Products and services

• Redemption Tickets Security-printed barcoded redemption tickets dispensed from redemption games at arcades and amusement centers for redeeming prizes. Gopsons is one of the largest manufacturers in India with capacity of 15 million tickets per day, supplied to 100+ customers worldwide.
• Tyvek Wristbands Tamper-evident identification wristbands made from 100% DuPont Tyvek, lightweight, water-resistant, and tear-proof. Designed for 1-7 day wear at events, water parks, amusement parks, clubs, and pubs. Gopsons is a DuPont licensed Tyvek converter with 15+ years of experience.
• Excise Adhesive Labels / Tax Stamps Security tax stamps and authentication labels for governments to protect revenues and ensure product safety. Incorporates overt optical technologies (high-security print, holography) and covert/forensic technologies. Used on alcohol, cigarettes, pharmaceuticals, and other regulated products.
• Postal Stamps Security postal stamps with multiple shapes, designs, and security features (overt and covert), including intaglio printing. Manufactured for postal authorities.
• Thermal Paper Rolls (ATM, POS, Bus and Lottery Tickets) Thermal paper printing and conversion into ATM rolls, POS rolls, bus tickets, and lottery ticket rolls. Capacity of 5,000 ATM rolls and 50,000 POS rolls per day with up to 8-color printing capabilities and 7-year image retention. Thermal paper sourced directly from Hansol, Koehler, OJI, and Mitsubishi.
• OMR / ICR Sheets Optical Mark Recognition and Intelligent Character Recognition sheets for government and private sector examinations. Capacity of 8 lakh OMR sheets per day with integrated barcode/litho codes and variable student data printing.
• Degrees and Certificates Multi-colour degree and certificate printing with multiple security features: guilloche design, rainbow pattern, void/copy mark, UV invisible ink, micro text, security border, thermochromic printing, watermark, and gold/silver foil. Printed on non-tearable substrates including DuPont Tyvek and Teslin.
• Barcode Labels Pre-printed barcode labels manufactured using high-quality materials and the latest printing technology, conforming to international standards.
• Railway Tickets, Coupon Booklets, and Government Food/Ration Coupons Security-printed railway tickets and coupon booklets punched on coupon-validating machines, plus security food/ration coupons for state governments with barcode and track-n-trace facility.
• Passive Lottery Tickets High-quality passive lottery tickets produced as an end-to-end offering for international lottery boards across Asia, Africa, and Europe. Capacity of 6 million tickets per day, leveraging 25 years of lottery printing experience.
• Scratch-Off Lottery and Scratch Card Tickets Custom-shaped scratch cards with 4-color scratch-off capability. Capacity of 3 million cards (2"x4") per day, with a gallery of more than 3,000 instant games managed by in-house software engineers. Also produces telecom/royalty cards for bulk requirements.
• Bank Security Documents (Cheques, Drafts, Passbooks, Account Forms, Statements) IBA-approved bank security documents including bank cheques/drafts, account opening forms, pay slips, passbooks, FDR forms, bank internal stationery, account statements, and credit/debit card statements.
• Continuous Stationery Printing Fine quality continuous stationery products in single and multi-part NCR with vertical and horizontal perforations. Used for invoices, delivery dockets, cheques, receipts, purchase orders, CMR forms, statements, advice notes, and weighbridge dockets. Used by banks, hotels, shipping companies, and hospitals.

Quantifiable outcome

• 3.785 billion excise stamps delivered on contract to Nepal government between 2012-2015
• +3 more outcomes

Named customers4 records

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Five partnerships are on record, tiered minor.

• Hansol Paper Co. KoreaminorOthersDirect sourcing partner for thermal paper materials. One of multiple international paper suppliers providing materials for ATM and POS roll production.
• Koehler Paper GMBH GermanyminorOthersInternational thermal paper supplier. GOPSONS maintains direct sourcing and in-house inventory from reputed international manufacturers.
• OJI ThailandminorOthersThermal paper material supplier from Thailand. Part of diversified sourcing strategy for paper materials.
• Mitsubishi GermanyminorOthersSource for thermal paper materials. Included in approved paper sources from international manufacturers.
• DuPont (Tyvek)minorOthersLicensed converter of DuPont Tyvek material for wristband production. GOPSONS is one of the largest Tyvek converters in India with 15+ years of experience with Tyvek materials.

Scale indicators12 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• De La Rue plc: Global leader in security printing (banknotes, passports, tax stamps, identity documents). Comparable as a security/specialty print incumbent operating globally with similar product categories (tax stamps, security documents) though at vastly larger scale.
• Toppan Printing Co., Ltd. Global security printing and packaging conglomerate with strong presence in tax stamps, identity, and secure documents. Comparable as a diversified security/secure document incumbent with overlapping customer base in government security printing.
• Veridos (Giesecke+Devrient / Bundesdruckerei JV): Joint venture specializing in government security printing (passports, ID documents, tax stamps). Comparable as a security document specialist for government clients in adjacent high-security printing categories.
• Avery Dennison (Retail Branding and Information Solutions): Global label, tag, and RFID specialist with security label and authentication offerings. Comparable as a broad incumbent in label/security printing serving retail, government, and brand protection end-markets with overlapping product formats.
• India Security Press (under Security Printing & Minting Corporation of India): Government-owned security printer producing passports, stamps, banknotes, and security documents. Comparable as a security printing incumbent in India, though government-owned and serving broader national security mandates versus Gopsons' commercial focus.

Direct peers

• Opsec Security (Opsec Group): Specialist in anti-counterfeiting, authentication, and security printing for tax stamps, brand protection, and government documents. Directly comparable in the tax stamp and authentication solutions market segment Gopsons serves.
• Manipal Technologies Limited: Indian security and cheque printer serving banking, government, and lottery segments with similar product breadth (cheques, passports, security documents). Highly comparable as a domestic Indian security printing specialist competing for the same banking and government contracts.
• CCL Industries (CCL Secure): Global producer of high-security labels, tax stamps, and authentication solutions for governments and consumer brands. Closely comparable as a security label and tax stamp specialist serving excise and revenue protection markets.

Others

• Hansol Paper / Koehler Paper (raw material suppliers; potential adjacent): Thermal paper base material suppliers and (in some cases) integrated converters. Comparable as adjacent ecosystem participants in thermal paper value chain supplying into the same end-markets as Gopsons.

Regional players

• Naveh Printers / Tel Aviv-based regional security printers: Regional security and specialty printers operating in markets adjacent to Gopsons' emerging Asia/Africa export footprint. Comparable as a regional security printing specialist serving similar government and lottery segments in different geographies.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/gopsons

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Gopsons Printer