About Picfy Technologies Private Limited
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Picfy Technologies Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 28 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2017PTC100293.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ashishkumar Jayantibhai Sudra and Harsh Aashish Kashiparekh.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 208 Akshar Stadia B/H Patel Avenue Nr. Gurudwara Thaltej, Ahmedabad, Gujarat, India – 380059.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.92 Lakh, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹1.83 Lakh (net margin 16.8%) and EBITDA of ₹1.91 Lakh (EBITDA margin 17.5%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 19% over five years.
The company is associated with 2 brands: Picfy and iCoderz Solutions.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website icoderzsolutions.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered Address208 Akshar Stadia B/H Patel Avenue Nr. Gurudwara Thaltej, Ahmedabad, Gujarat, India – 380059
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Picfy Technologies Private Limited
Picfy Technologies operates two associated brands: Picfy and iCoderz Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers a user-friendly photo editor app for creative enhancements. | picfy.co | |
| Specializes in mobile app and game development services. | icoderzsolutions.com |
Competitors & Alternatives of Picfy Technologies Private Limited
Brands and companies operating in the same space as Picfy Technologies Private Limited include Visual Supply Co, SenseTime, Loyal and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Visual Supply Co | Community for photographers | San Francisco, United States | 2011 |
 SenseTime | AI based platform offering image recognition solutions | Hong Kong, China | 2014 |
 Loyal | Mobile application development, data management, and advertising services are provided. | Encinitas, United States | 2020 |
 PicsArt | Photos and videos are edited using AI-assisted tools and stickers. | Miami, United States | 2011 |
 Mega Fortuna | Apps and games for mobile platforms are developed and published. | Bursa, Turkey | 2023 |
 Appfire | Mobile app development services are offered by Appfire. | Burlington, United States | 2005 |
 Socket Mobile | Manufacturer of portable computing and data collection hardware for multiple sectors | Newark, United States | 1992 |
 Fotor | Online photo editing and social features are provided. | Chengdu, China | 2009 |
 Kinetix | AI-driven motion capture is used for immersive content development. | Paris, France | 2020 |
 Kittl | AI-powered photo editing platform | Berlin, Germany | 2020 |
Business Activity of Picfy Technologies Private Limited
The main business activity of Picfy Technologies is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Picfy Technologies Private Limited
Picfy Technologies Private Limited is audited by HARDIK NIMBARK & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| HARDIK NIMBARK & CO | 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.
Board of Directors of Picfy Technologies Private Limited
Picfy Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashishkumar Jayantibhai Sudra | Director | 28 Dec 2017 | 8 Years 9 Months | Current |
| Harsh Aashish Kashiparekh Also directs: Vineet Commodity Service Private Limited, Vantage Tourism Private Limited, Securis360 Infotech Private Limited and 2 more | Director | 28 Dec 2017 | 8 Years 9 Months | Current |
Financials of Picfy Technologies Private Limited FY 2025 filings available
Picfy Technologies Private Limited reported revenue of ₹10.92 Lakh (down 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Picfy Technologies Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 19% over five years, including a 13% fall in the latest year. EBITDA rose 239% 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 Picfy Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.91 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.83 Lakh | •••• | •••• | •••• | •••• |
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Financial Ratios of Picfy Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 16.8% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
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| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
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| 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 Picfy Technologies are in the company report.
Financial statements from FY 2018
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.
Ownership and Shareholding of Picfy Technologies Private 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 Picfy Technologies Private Limited
Picfy Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Picfy Technologies Private Limited
Employment history and EPFO contributions of people linked to Picfy Technologies.
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.
GST Compliance of Picfy Technologies Private Limited
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.
Credit Ratings, Litigation & Regulatory Alerts for Picfy Technologies Private 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 Picfy Technologies Private 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
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Picfy Technologies Private 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
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Picfy Technologies Private 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.
Recent Activity on Picfy Technologies Private Limited
Frequently Asked Questions about Picfy Technologies Private Limited
Picfy Technologies is an active private limited company based in Ahmedabad, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 28 December 2017 (9+ years old) and is registered under CIN U72900GJ2017PTC100293.
Picfy Technologies reported revenue of ₹10.92 Lakh for FY 2025 (down 13% YoY).
Picfy Technologies has 2 current directors:
- Ashishkumar Jayantibhai Sudra - Director
- Harsh Aashish Kashiparekh - Director
Picfy Technologies reported a net profit of ₹1.83 Lakh (net margin 16.8%) and EBITDA of ₹1.91 Lakh (EBITDA margin 17.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Picfy Technologies is 4% over three years and -19% over five years. In the latest year (FY 2025) revenue fell 13%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Picfy Technologies is U72900GJ2017PTC100293. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Picfy Technologies was incorporated on 28 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Yes, Picfy Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Picfy Technologies can be reached through the website icoderzsolutions.com. Its registered office is in Ahmedabad, Gujarat, India.