DPIIT recognised startup Government of India
Startup India
Shortest Path Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3 Lakh
▼ 89% YoY
Net loss · FY 2025
₹21.16 Lakh
Latest filing
EBITDA · FY 2025
-₹9.96 Lakh
EBITDA margin -331.7%
Authorised capital
₹4 Lakh
Registered with MCA
Paid-up capital
₹1.11 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Shortest Path Private Limited
Data last updated:
Shortest Path Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 21 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2018PTC306900. Its GSTIN is 27ABACS0390P1ZY (Maharashtra).
The company has an authorised share capital of ₹4 Lakh and a paid-up capital of ₹1.11 Lakh. It is led by directors Rajesh Krishna Vyas and Hemang Chandrakant Desai.
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 407 Wing E Fantacy Land Cts No.1 J V Link Road Opp Majas Depot, Mumbai, Maharashtra, India – 400060.
As per the financials filed for FY 2025, the company reported a revenue of ₹3 Lakh, a decline of 89% compared to the previous year. For the same year it recorded a net loss of ₹21.16 Lakh and EBITDA of -₹9.96 Lakh (EBITDA margin -331.7%). Revenue has declined at a compounded annual rate (CAGR) of 54% over three years and 50% over five years.
The company is associated with 2 brands: Shortest Path and CareerNodes.
For more details, the company can be reached via its website careernodes.com.
Company details
CIN U74999MH2018PTC306900
Registration Number 306900
Incorporation Date 21 March 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Shortest Path
Contact details
Shortest Path Private Limited's registered office is in Mumbai, Maharashtra. Its website is careernodes.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address407 Wing E Fantacy Land Cts No.1 J V Link Road Opp Majas Depot, Mumbai, Maharashtra, India – 400060
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Shortest Path Private Limited, buy the company report.
Comprehensive company report
Shortest Path Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Shortest Path operates two associated brands: Shortest Path and CareerNodes. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers software solutions like CruiseControl to drive growth in various sectors. | shortestpath.in | |
| AI platform offering career predictions, tools, and reports for development strategies. | careernodes.com |
Business activity
The main business activity of Shortest Path is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Shortest Path Private Limited, buy the company report.
Financials of Shortest Path Private Limited
FY 2025 filings availableShortest Path Private Limited reported revenue of ₹3 Lakh (down 89% YoY) for FY 2025.
Revenue · FY 2025
₹3 Lakh ▼ 89%
Net loss · FY 2025
₹21.16 Lakh
EBITDA · FY 2025
-₹9.96 Lakh margin -331.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 89%
3 years · compounded
▼ 54%
5 years · compounded
▼ 50%
EBITDA CAGR growth
1 year
▼ 294%
3 years · compounded
▲ 33%
5 years · compounded
▼ 29%
Revenue has declined at a compounded annual rate (CAGR) of 50% over five years, including a 89% fall in the latest year. EBITDA fell 294% 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 | -₹9.96 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹21.16 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 | -331.7% | ||||
| 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 Shortest Path Private Limited, buy the company report.
Board of directors of Shortest Path Private Limited
Shortest Path has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Krishna Vyas Also directs: Executivesearch India Private Limited | Director | 21 Mar 2018 | 8 Years 7 Months | Current |
| Hemang Chandrakant Desai Also directs: Unfriction Technologies LLP | Director | 21 Mar 2018 | 8 Years 7 Months | Current |
Auditor
Shortest Path Private Limited is audited by Darshan Bheda & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Darshan Bheda & Associates | FY 2023 | 129734W |
Shareholding
The shareholding of Shortest Path Private Limited is on record for 4 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 2019 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Shortest Path Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Shortest Path Private 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 Shortest Path Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shortest Path has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABACS0390P1ZY | Maharashtra | Active | 31 Jul 2018 |
To see the full GST registrations and return filing status of Shortest Path Private Limited, buy the company report.
Recent activity
Shortest Path Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Hemang Chandrakant Desai was appointed as Director on 21 Mar 2018.
AGM
Shortest Path Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Shortest Path Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Hemang Chandrakant Desai was appointed as Director.
Appointed
Rajesh Krishna Vyas was appointed as Director.
Incorporation
21 Mar 2018
Shortest Path Private Limited was registered on 21 Mar 2018 with Roc Mumbai & aged 8 years 7 months as per MCA records.
Frequently asked questions
Shortest Path is an active private limited company based in Mumbai, Maharashtra, India. The company works in software development and support services, within the information technology industry. It was incorporated on 21 March 2018 (8+ years old) and is registered under CIN U74999MH2018PTC306900.
Shortest Path has 2 current directors:
- Rajesh Krishna Vyas - Director
- Hemang Chandrakant Desai - Director
The latest financial statements of Shortest Path on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Shortest Path is 27ABACS0390P1ZY, registered in Maharashtra.
The CIN (Corporate Identification Number) of Shortest Path is U74999MH2018PTC306900. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shortest Path was incorporated on 21 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Hemang Chandrakant Desai was appointed as Director on 21 Mar 2018. Rajesh Krishna Vyas was appointed as Director on 21 Mar 2018.
Yes, Shortest Path is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Shortest Path can be reached through the website careernodes.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Shortest Path is at 407 Wing E Fantacy Land Cts No.1 J V Link Road Opp Majas Depot, Mumbai, Maharashtra, India – 400060.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages