Company: GRAN
Filing Date: 2025-07-31
Form Type: 20-F
Source: 0001213900-25-069627
Chunk: 77

Company: Grande Group Ltd/HK
Filing Date: 2025-07-31
Form: 20-F
Item: Item 4
Chunk 77
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2024                                                          
                                             US$                                                US$                                                           
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  IPO sponsorship and related services                                  257,775        5.9                               3,341,819       73.8      2,775,214  
  Corporate financial advisory services                               2,486,433       57.3                               1,187,377       26.2      1,095,753  
  Referral services                                                   1,594,619       36.8                                       —          —              —  
  Total                                                               4,338,827      100.0                               4,529,196      100.0      3,870,967  

Since the commencement of our business, Grande
Capital has been an active player in the equity capital market in Hong Kong, serving clients from a wide spectrum of industry sectors
listed or planning to list in Hong Kong. Our client base spans Hong Kong, Singapore and the PRC. For the year ended March 31,
2025, we had 15, 7 and 4 clients from Hong Kong, the PRC and Singapore, respectively For the year ended March 31, 2024, we had 16, 6 and
4 clients from Hong Kong, the PRC and Singapore, respectively, while for the year ended March 31, 2023, we had 9, 2 and 5 clients from
Hong Kong, the PRC and Singapore, respectively. Revenues derived from clients in Hong Kong, the PRC and Singapore was approximately 76.7%,
14.9% and 8.4% of our total revenue for the year ended March 31, 2025, respectively. Revenues derived from clients in Hong Kong, the PRC
and Singapore was approximately 59.2%, 34.0% and 6.8% of our total revenue for the year ended March 31, 2024, respectively, and 34.0%,
50.8% and 15.2% of our total revenue for the year ended March 31, 2023, respectively.

We aspire to expand our business and become an
integrated platform for providing one-stop financial services tailored to our customers’ specific needs. We intend to leverage our
successful experience in Hong Kong and help our clients to plan for overseas listing in other