Company: GRAN
Filing Date: 2025-01-30
Form Type: F-1/A
Source: 0001213900-25-008225
Chunk: 117

Company: Grande Group Ltd/HK
Filing Date: 2025-01-30
Form: F-1/A
Chunk 117
---
6 regulated activity, in terms of number of deals for financial advisers in Hong Kong from March 31, 2023 to March 31, 2024, with a market share of 3.6%. Since Grande Capital, our Operating Subsidiary, first obtained its licenses under the SFO on January23, 2018, Grande Capital has sponsored and completed 16 successful IPOs (i.e. IPO that successfully closed and listed) on the HKSE. For the six months ended September30, 2024 and the years ended March31, 2023 and 2024, Grande Capital sponsored and completed nil, 3 and 3 successful IPOs on the HKSE, respectively. Furthermore, for the years ended March31, 2023 and 2024 and the six months ended September30, 2024,2, nil and 1 listing applicants mandated Grande Capital as their listing sponsors for their IPO processes on the HKSE, respectively. From September30, 2024 to the date of the prospectus, Grande Capital has not received any new listing sponsorship mandate. For the six months ended September30, 2024 and 2023, our total revenue was $1.8million and $1.6million, respectively. Our gross profit and net income were $1.3million and $0.4million, respectively, for the six months ended September30, 2024, as compared to our gross profit and net loss of $0.6million and $0.3million, respectively, for the six months ended September30, 2023. For the years ended March 31, 2024 and 2023, our total revenue was $4.5 million and $3.9 million, respectively. Our gross profit and net income were $3.0 million and $1.8 million, respectively, for the year ended March 31, 2024, as compared to our gross profit and net income of $2.3 million and $1.3 million, respectively, for the year ended March 31, 2023. The services we offer include: (1) IPO sponsorship and related services Grande Capital acts as sponsor to companies aspiring to list on the HKSE. Grande Capital takes the principal role of advising and guiding listing applicants throughout the IPO process, coordinating the listing progress, conducting due diligence, performing all duties of a sponsor as required under the applicable rules and regulations and acting as the primary channel of communication with the regulators such