About Tesseract Imaging Limited
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Tesseract Imaging Limited is a public limited company based in Ahmedabad, Gujarat, India, a subsidiary of Jio Platforms Limited. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 19 March 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U33209GJ2015PLC157451. Its GSTIN is 27AAFCT2859L1ZS (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹8 Lakh and a paid-up capital of ₹1.57 Lakh. It was formerly known as Tesseract Imaging Private Limited. It is led by directors including Shobhan Madhukant Thakore and Ashish Lodha.
Its last annual general meeting (AGM) was held on 19 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.3 Lakh, a decline of 90% compared to the previous year. For the same year it recorded a net loss of ₹31.01 Lakh and EBITDA of -₹31.01 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 41% over three years and 6% over five years.
The company has about 159 employees on its provident fund (EPFO) records.
The company is associated with 3 brands: Quark 360 VR Camera, Holoboard and JioTesseract. The company has 6 deals on record (5 funding rounds, 1 acquisition), with disclosed funding of ₹78 Cr; the latest was in November 2022. Its 10 peer companies in the Information Technology industry (Electronic Equipment and Components Manufacturing) are compared by revenue, 5 larger and 5 smaller; the largest is Minitzon Technologies Private Limited with revenue of ₹1.36 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tesseract.in.
CIN History of Tesseract Imaging Limited
Tesseract Imaging has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U33209GJ2015PLC157451, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U33209GJ2015PLC157451 | Current |
| U33209MH2015PLC262820 | Previous |
| U33209MH2015PTC262820 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressOffice – 101 Saffron, Nr. Centre Point Panchwati 5 Rasta Ambawadi, Ahmedabad, Gujarat, India – 380006
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Associated Brands with Tesseract Imaging Limited
Tesseract Imaging operates multiple associated brands including Quark 360 VR Camera, Holoboard, and JioTesseract. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops 360 VR cameras and apps for capturing, editing, and sharing virtual reality content. | quark360.com | |
| Provides AR headset for holographic viewing, collaboration, and gaming applications. | myholo.io | |
| Cameras for VR imaging are designed and developed. | tesseract.in |
Financials of Tesseract Imaging Limited FY 2025 filings available
Tesseract Imaging Limited reported revenue of ₹1.3 Lakh (down 90% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Tesseract Imaging Limited
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 90% fall in the latest year. EBITDA fell 119% 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 of Tesseract Imaging Limited
| 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 | -₹31.01 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹31.01 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Tesseract Imaging Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Tesseract Imaging are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Tesseract Imaging Limited
Tesseract Imaging has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shobhan Madhukant Thakore Also directs: Saavn Media Limited, Reverie Language Technologies Limited, Asteria Aerospace Limited and 2 more | Director | 26 Mar 2024 | 2 Years 6 Months | Current |
| Ashish Lodha Also directs: Accops Systems Private Limited, Jio Things Limited, Enercent Technologies Private Limited and 1 more | Director | 09 Jan 2020 | 6 Years 9 Months | Current |
| Kshitij Marwah Also directs: Asteria Aerospace Limited, Nowfloats Technologies Limited, Skymet Weather Services Private Limited and 2 more | Director | 19 Mar 2015 | 11 Years 7 Months | Current |
| Riddhi Nimesh Bhimani Also directs: Lotus Chocolate Company Ltd., Infomedia Press Limited, Reliance Industrial Infrastructure Limited and 4 more | Director | 26 Mar 2024 | 2 Years 6 Months | Current |
| Jyotindra Hiralal Thacker Also directs: Jio Haptik Technologies Limited | Director | 18 Dec 2019 | 6 Years 10 Months | Current |
Peer Comparison of Tesseract Imaging Limited
Tesseract Imaging Limited is compared with the companies closest to it by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Minitzon Technologies Private Limited | ₹1.36 Lakh (FY 2025) | •••• | •••• | 2.0% | •••• | Chennai, Tamil Nadu, India |
| Bearted Constructions Private Limited | ₹1.35 Lakh (FY 2023) | •••• | •••• | -100.0% | •••• | Patna, Bihar, India |
| Aizo Teq Solutions Private Limited | ₹1.34 Lakh (FY 2023) | •••• | •••• | 333.0% | •••• | Tirur, Kerala, India |
| Fins Software India Private Limited | ₹1.32 Lakh (FY 2023) | •••• | •••• | -75.0% | •••• | Ernakulam, Kerala, India |
| Lucror AI and Robotics Private Limited | ₹1.31 Lakh (FY 2024) | •••• | •••• | -24.0% | •••• | Noida, Uttar Pradesh, India |
| Tesseract Imaging Limited this company | ₹1.3 Lakh (FY 2025) | •••• | •••• | -90.0% | •••• | Ahmedabad, Gujarat, India |
| Mars Net Private Limited | ₹1.28 Lakh (FY 2025) | •••• | •••• | 131.0% | •••• | Kolkata, West Bengal, India |
| Security Solution India LLP | ₹1.28 Lakh (FY 2025) | •••• | •••• | -14.0% | •••• | New Delhi, Delhi, India |
| Sahayog Solutions Private Limited | ₹1.26 Lakh (FY 2025) | •••• | •••• | 3349.0% | •••• | Kolkata, West Bengal, India |
| Amost Infotech Private Limited | ₹1.26 Lakh (FY 2021) | •••• | •••• | -50.0% | •••• | Panchkula, Haryana, India |
| Park Digitronics Private Limited | ₹1.26 Lakh (FY 2024) | •••• | •••• | -77.0% | •••• | Singanallur, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Tesseract Imaging by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Tesseract Imaging Limited
Tesseract Imaging Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Deloitte Haskins & Sells LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Tesseract Imaging Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Tesseract Imaging Limited
Tesseract Imaging Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Tesseract Imaging Limited
Tesseract Imaging Limited has 6 deals on record (5 funding rounds, 1 acquisition), with disclosed funding of ₹78 Cr; the latest was in November 2022.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2022 | Funding round | ₹11 Cr | Investors: Jio Platforms Limited |
| Sep 2022 | Funding round | ₹8 Cr | Investors: Jio Platforms Limited |
| May 2022 | Funding round | ₹9 Cr | Investors: Jio Platforms Limited |
| Oct 2020 | Funding round | ₹40 Cr | Investors: Jio Platforms Limited |
| Mar 2020 | Acquisition | ₹38.34 Cr | Buyer: Jio Platforms Limited Seller: Reliance Industrial Investments and Holdings Limited |
Full deal history
All 6 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Tesseract Imaging Limited
Tesseract Imaging Limited has a workforce of 159 employees as of Mar 28, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Tesseract Imaging Limited
Tesseract Imaging Limited has 11 board changes on record since 2015: 5 appointments and 6 cessations. The latest: Riddhi Nimesh Bhimani was appointed as Director on 26 Mar 2024.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Tesseract Imaging Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Tesseract Imaging Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
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Subsidiaries & Group Companies of Tesseract Imaging Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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GST Compliance of Tesseract Imaging Limited
Tesseract Imaging has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCT2859L1ZS | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Tesseract Imaging Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Tesseract Imaging Limited
Frequently Asked Questions about Tesseract Imaging Limited
Tesseract Imaging is an active public limited company based in Ahmedabad, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 19 March 2015 (11+ years old) and is registered under CIN U33209GJ2015PLC157451.
Tesseract Imaging reported revenue of ₹1.3 Lakh for FY 2025 (down 90% YoY).
Tesseract Imaging has 5 current directors:
- Shobhan Madhukant Thakore - Director
- Ashish Lodha - Director
- Kshitij Marwah - Director
- Riddhi Nimesh Bhimani - Director
- Jyotindra Hiralal Thacker - Director
Tesseract Imaging reported a net loss of ₹31.01 Lakh and EBITDA of -₹31.01 Lakh for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Tesseract Imaging is -41% over three years and -6% over five years. In the latest year (FY 2025) revenue fell 90%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Tesseract Imaging is 27AAFCT2859L1ZS, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Tesseract Imaging is U33209GJ2015PLC157451. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tesseract Imaging was incorporated on 19 March 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Tesseract Imaging has 6 deals on record (5 funding rounds, 1 acquisition), with disclosed funding of ₹78 Cr; the latest was in November 2022.
The peers of Tesseract Imaging by revenue are Minitzon Technologies Private Limited, Bearted Constructions Private Limited, Aizo Teq Solutions Private Limited, Fins Software India Private Limited, Lucror AI and Robotics Private Limited and 5 more, all in the Information Technology industry (Electronic Equipment and Components Manufacturing).
Riddhi Nimesh Bhimani was appointed as Director on 26 Mar 2024. Riddhi Nimesh Bhimani ceased to be Additional Director on 26 Mar 2024. Shobhan Madhukant Thakore was appointed as Director on 26 Mar 2024. Tesseract Imaging has 11 board changes on record in total.