Company: GRAN
Filing Date: 2025-07-31
Form Type: 20-F
Source: 0001213900-25-069627
Chunk: 191

Company: Grande Group Ltd/HK
Filing Date: 2025-07-31
Form: 20-F
Item: Item 19
Chunk 191
---
 a component of income tax expense. The
Company has not recognized interest or penalties in its consolidated statements of operations since inception.

F-22

  GRANDE                                      
  GROUP LIMITED                               
  NOTES TO CONSOLIDATED FINANCIAL STATEMENTS  
  FOR THE YEARS ENDED MARCH                   
  31, 2025, 2024 and 2023                     
                                              
  (Stated                                     
  in US Dollars)                              
 ──────────────────────────────────────────────

NOTE
14 - DISAGGREGATED REVENUES

Information
for the Company’s breakdown of revenues by service type for the years ended March 31,2025, 2024 and 2023 are as follows:

                                               March 31,                                                                   
  Total revenues                               2025                          2024                     2023                 
  as of:                                                                                                                   
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  IPO sponsorship services                     $                257,775      $         2,872,152      $         2,548,291  
  Underwriting and placing services                                   -                  469,667                  226,923  
  Referral services                                           1,594,619                        -                        -  
  General advisory services                                   1,648,747                  594,872                  486,794  
  Independent financial advisory services                        98,910                  145,949                   57,696  
  Compliance advisory                                           738,776                  446,556                  551,263  
  Total                                        $              4,338,827      $         4,529,196      $         3,870,967  

All
the revenue for the years ended March 31, 2025, 2024 and 2023 originated in Hong Kong.

NOTE
15 - REGULATORY REQUIREMENTS

The
following table illustrates the minimum liquid capital as established by the Securities and Futures Commission of Hong Kong that
the Company’s subsidiary is required to maintain as of March 31, 2025 and 2024 and the actual amounts of capital that were
maintained:

  Capital                                       Minimum      Capital levels  
  requirements as of March 31, 2025      liquid capital          maintained  
                                           requirements                      
 ─────────────────────────────────────────────────────────────────────────────
  Grande                                       $384,615          $2,465,656  

  Capital                                       Minimum      Capital levels  
  requirements