About Tesseract Imaging Limited
Data last updated:
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.
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.
Company details
CIN history
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 |
Contact details
Tesseract Imaging Limited's registered office is in Ahmedabad, Gujarat. Its website is tesseract.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice – 101 Saffron, Nr. Centre Point Panchwati 5 Rasta Ambawadi, Ahmedabad, Gujarat, India – 380006
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Tesseract Imaging 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
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 availableTesseract Imaging Limited reported revenue of ₹1.3 Lakh (down 90% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| 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 | |||||
| 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 | |||||
| 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 | |||||
To see the full financial statements and ratios of Tesseract Imaging Limited, buy the company report.
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 |
Auditor
Tesseract Imaging Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells LLP | FY 2023 | 117366W/W-100018 |
Shareholding
The shareholding of Tesseract Imaging 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 Tesseract Imaging Limited, buy the company report.
Deals & funding
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 |
To see the full deal history of Tesseract Imaging Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Tesseract Imaging Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Tesseract Imaging Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Tesseract Imaging Limited has a workforce of 159 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Tesseract Imaging has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCT2859L1ZS | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Tesseract Imaging Limited, buy the company report.
Recent activity
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 in the company report.
News
Frequently asked questions
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 has 5 current directors:
- Shobhan Madhukant Thakore - Director
- Ashish Lodha - Director
- Kshitij Marwah - Director
- Riddhi Nimesh Bhimani - Director
- Jyotindra Hiralal Thacker - Director
The latest financial statements of Tesseract Imaging on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 19 September 2025. Year-wise statements from 2015 are in the company report.
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.
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.
Tesseract Imaging can be reached through the website tesseract.in. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Tesseract Imaging is at Office – 101 Saffron, Nr. Centre Point Panchwati 5 Rasta Ambawadi, Ahmedabad, Gujarat, India – 380006.