GNG Electronics Limited was originally incorporated as ‘GNG Electronics Private Limited’ under the provisions of the Companies Act, 1956, pursuant to a certificate of incorporation dated October 19, 2006, issued by the Registrar of Companies (RoC), Maharashtra at Mumbai. Subsequently, the company was converted from a private limited company to a public limited company, pursuant to a resolution passed by its Shareholders at the extraordinary general meeting held on October 23, 2024, following which the name of the company was changed to ‘GNG Electronics Limited’ and a fresh certificate of incorporation pursuant to change of name under the Companies Act, 2013 was issued by RoC, on November 20, 2024.

GNG Electronics is India’s largest refurbisher of laptops and desktops and among the largest refurbishers of ICT Devices overall, both globally and in India with significant presence across India, USA, Europe, Africa and UAE, in terms of value, as of March 31, 2025. It follows a repair-over-replacement approach, which provides cost advantages and helps achieve true sustainability by reducing carbon footprint. It is India’s largest Microsoft authorised refurbisher, in terms of refurbishing capability, as of Fiscal 2025. It also serves as an IT asset disposal partner for India’s second - largest software company, in terms of market capitalisation as of Fiscal 2025, procuring their used IT assets.

It operates under the brand ‘Electronics Bazaar’, with presence across the full refurbishment value chain i.e., from sourcing to refurbishment to sales, to after - sale services and providing warranty. It solves customers’ requirement of affordable, reliable and premium ICT Devices which are as good as new devices, both functionally and aesthetically, and are backed by proven warranty. It also provides tailor - made solutions for its customers. Its comprehensive process of refurbishment of ICT Devices such as laptops, desktops, tablets, servers, premium smartphones, mobile workstations and accessories ensures that such devices are similar to new, in terms of both performance and aesthetics, and able to offer laptops at one-third price of new devices and other devices like desktops, tablets, servers, premium smartphones, mobile workstations and accessories at 35-50% price of new devices. 

It is one of the few companies which pioneered the concept of warranty for the refurbished ICT Devices to provide comfort and trust to customers and are still industry leading the warranty terms. Devices refurbished by it sell at a premium compared to other players in the industry due to superior quality of product and its ability to provide proven and reliable warranty solution. It is also a certified refurbishment partner with Lenovo and HP, which are top two global brands. Additionally, it serves as IT asset disposition (ITAD) partners for leasing companies, IT consulting companies and banks as it meets their sustainability and data privacy requirements.

Business area of the company

The company is one of the largest organised information and communications technology (ICT) devices refurbished in India and globally.

Awards, accreditations, and recognition

• 2018: Certified as ‘Microsoft Authorised Refurbisher’ by Microsoft.
• 2021: Received certification under ISO 9001:2015.
• 2021: Received certification under ISO/IEC 27001:2013.
• 2021: Received certification under ISO 14001:2015.
• 2021: Received certification under ISO 45001:2018.
• 2022: Received certificate of registration from Perry Johnson Registrars, INC. for conformance with the sustainable electronics reuse and recycling (R2) standard as applied by the R2 code of practices.
• 2023: Certified as ‘Certified Refurbishment Partner’ by HP India Sales Private Limited.
• 2024: Certified as ’Certified Refurbishment Partner’ by Lenovo Global Technology (India) Private Limited.

History and milestones

• 2016: Started operations at its facility in Mumbai, India, spread across 1,200 square feet.
• 2017: Established operations at its Sharjah, UAE facility spread across 4,305.56 square feet.
• 2018: Extended its operation facility to 21,969 square feet facility in Nerul, Navi Mumbai.
• 2022: Expanded its Sharjah, UAE facility to an additional 4,305.56 square feet.
• 2022: Crossed Rs 5,000 million in turnover.
• 2023: Expanded its operations in Juhinagar, Navi Mumbai, to a warehouse spread across 25,600 square feet.
• 2023 Expanded two additional facilities of 6,458.35 square feet each (total of 12,916.70 square feet), bringing its combined total facilities in Saif Zone, covering 21,527.82 square feet.
• 2024: Established operations at its Dallas, Texas, USA facility spread across 11,000 square feet.