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: U52100DL2012PTC240966ActiveRoC Delhi
Last updated 11 August 2026
SummaryFrom public filings
Refit Global Private Limited operates as a leading refurbished-smartphone marketplace in India, offering major brands with discounts of up to 65%. Founded in 2017, the company reported a revenue of ₹257.45 crore in FY25, marking a growth of approximately 15% year-over-year. It gained visibility after appearing on Shark Tank India in 2024, securing ₹2 crore in funding.
Compiled from MCA filings and other public records. Figures may lag the latest filing; verify against the detailed sections below.
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Company Identity
| Registered name | Refit Global Private Limited |
|---|---|
| CIN | U52100DL2012PTC240966 |
| PAN | AASCS9454R |
| Status | Active (private limited company, not listed) |
| Listing | Not listed (private limited company; no stock exchange listing found) |
| Incorporated | 24 August 2012 |
| ROC | RoC Delhi |
| Sector (NIC) | Trade — Wholesale Trading (NIC main activity code "G", sub-activity "G1"); business classified as consumer electronics/electronic appliances retail & distribution |
| Registered address | Portion of First Floor & Second Floor, A-25, Mayapuri Industrial Area Phase-II, Maya Puri, West Delhi, New Delhi, Delhi, India, 110064 |
| Authorized capital | ₹3.2 crore |
| Paid-up capital | ₹10.05 lakh (₹10.1 lakh) |
Business Overview
- 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
Directors
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Saket Shiveshwar Saurav | 08264607 | Director & Shareholder | 25 October 2018 |
| Avneet Singh | 08324277 | Director & Shareholder | 20 January 2019 |
Financials
FY2024-25 (latest)
- Revenue ₹257.45 crore, up ~15% YoY. 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 and were not obtained. Earlier press 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
- Public reporting 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
- Confidence: partial — single-source claim, not cross-verified against a second independent article
Charges & Loans
- 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
Cashify
large-scale, VC-funded, broader consumer electronics resale
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
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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