Company Intelligence Profile
Refit Global Private Limited
Refit Global Private Limited (ReFit Global) is a Delhi NCR-based, founder-led refurbished-smartphone D2C and offline-retail brand, active since 2012 (trading as ReFit since 2017), with FY25 revenue of roughly ₹257 crore.
CIN: U52100DL2012PTC240966Active (private limited company, not listed)RoC Delhi (Source: TheCompanyCheck)Confidence: medium — identity
AI OverviewGenerated from public records
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| Registered name | Refit Global Private Limited |
|---|---|
| CIN | U52100DL2012PTC240966 |
| PAN | AASCS9454R (Source: Tofler) |
| Status | Active (private limited company, not listed) |
| Listing | Not listed (private limited company; no stock exchange listing found) |
| Incorporated | 24 August 2012 (Source: Tofler, TheCompanyCheck — both agree) |
| ROC | RoC Delhi (Source: TheCompanyCheck) |
| Sector (NIC) | Trade — Wholesale Trading (NIC main activity code "G", sub-activity "G1"); business classified as consumer electronics/electronic appliances retail & distribution (Source: Tofler, TheCompanyCheck) |
| Registered address | Portion of First Floor & Second Floor, A-25, Mayapuri Industrial Area Phase-II, Maya Puri, West Delhi, New Delhi, Delhi, India, 110064 (Source: Tofler, TheCompanyCheck — both agree) |
| Authorized capital | ₹3.2 crore (Source: Tofler, TheCompanyCheck) |
| Paid-up capital | ₹10.05 lakh (₹10.1 lakh) (Source: Tofler, TheCompanyCheck) |
Business Overview
Confirmed- Refit Global Private Limited operates as "ReFit Global," positioned as one of India's leading refurbished-smartphone marketplaces
- Founded in 2017 by Saket Saurav and Avneet Singh, the bootstrapped D2C brand buys used phones, runs them through a "47-point quality check," and resells them (including "Brand Box" originally-packaged units) with warranties of up to 12 months, alongside a B2B "ReFit Bulk Buy" channel
- It sells major brands (Apple, Samsung, OnePlus, Xiaomi, Realme, OPPO, Vivo) at claimed discounts of up to 65% off retail, with COD/EMI payment options and a 7-day replacement policy
- The company gained visibility after appearing on Shark Tank India Season 3 (aired ~Feb 2024) and reportedly operates 50+ offline stores across India
- (Source: refitglobal.com
- TheCompanyCheck)
Directors
Confirmed| Name | DIN | Role | Appointed |
|---|---|---|---|
| Saket Shiveshwar Saurav | 08264607 | director/shareholder, appointed 25 October 2018 per TheCompanyCheck, tenure ~8 years. | 25 October 2018 |
| Avneet Singh | 08324277 | director/shareholder, appointed 20 January 2019 per TheCompanyCheck, tenure ~8 years. Both confirmed as current directors by 2 independent sources Tofler, TheCompanyCheck. No third director or DIN found on either source. | 20 January 2019 |
Financials
Partial / conflicting- FY2024-25 (latest): Revenue ₹257.45 crore, up ~15% YoY (Source: TheCompanyCheck)
- Tofler independently shows an operating-revenue band of "₹100–500 crore" for FY2023-24 with revenue growth +15.47%, EBITDA change -21.84%, net profit change -41.51%, net worth change +20.33%, borrowings change +57.01%, and total assets change +46.38% YoY — but exact absolute EBITDA/PAT/net-worth/borrowings figures are paywalled ("Tofler Pro" required) and were not obtained
- Earlier press (Entrackr/Inc42-type coverage) cited FY2022-23 revenue of roughly ₹200 crore
- Standalone vs consolidated basis not specified by either source (company has no disclosed subsidiaries, so figures are presumed standalone)
- Confidence: partial — headline revenue figure corroborated by 2 sources, but profitability/net-worth absolutes not obtained
Funding
Partial / conflicting- Public reporting (via TheCompanyCheck's aggregation of Shark Tank India Season 3 coverage) indicates ReFit Global raised ₹2 crore on Shark Tank India Season 3 (episode aired ~February 2024) at a ₹200 crore valuation
- Company is described elsewhere as largely bootstrapped prior to this
- No other institutional VC/PE funding rounds were found in the allowed sources (Entrackr and Inc42 site searches returned no matching articles at the URLs queried)
- Confidence: partial — single-source claim, not cross-verified against a second independent article
Charges & Loans
Confirmed- Open charges per Tofler/TheCompanyCheck: Yes Bank Limited — ₹25 crore (charge dated 02 Nov 2024)
- INCRED Financial Services Limited — ₹3 crore (charge dated 26 Jul 2023)
- TheCompanyCheck additionally aggregates "open charges: ₹28 crore" and "satisfied charges: ₹7.7 crore" totals, consistent with the above two open charges
- Confirmed by 2 independent sources
Competitors
Confirmed- India's refurbished/pre-owned electronics market peers: Cashify (large-scale, VC-funded, broader consumer electronics resale — larger scale), Yaantra (refurbished smartphones, similar/slightly larger scale), Flipkart 2GUD (marketplace-backed, much larger scale via Flipkart), Amazon Renewed (marketplace program, much larger reach), Overcart (D2C refurbished electronics, comparable/smaller scale), GreenDust (reverse-logistics/refurbished appliances & electronics, comparable scale)
- Refit Global is a smaller, founder-led/bootstrapped player relative to Cashify and the marketplace-backed programs
Frequently Asked Questions
What does Refit Global Private Limited do?
Refit Global Private Limited (ReFit Global) is a Delhi NCR-based, founder-led refurbished-smartphone D2C and offline-retail brand, active since 2012 (trading as ReFit since 2017), with FY25 revenue of roughly ₹257 crore.
What is the CIN of Refit Global Private Limited?
The Corporate Identification Number (CIN) of Refit Global Private Limited is U52100DL2012PTC240966.
Where is Refit Global Private Limited registered?
Refit Global Private Limited is registered with RoC Delhi (Source: TheCompanyCheck). Registered address: Portion of First Floor & Second Floor, A-25, Mayapuri Industrial Area Phase-II, Maya Puri, West Delhi, New Delhi, Delhi, India, 110064 (Source: Tofler, TheCompanyCheck — both agree)
When was Refit Global Private Limited incorporated?
Refit Global Private Limited was incorporated on 24 August 2012 (Source: Tofler, TheCompanyCheck — both agree).
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