Masonglory Ltd.

General Information
Business:

We are the holding company of a wet trades (plastering, for example) subcontractor based in Hong Kong. (Incorporated in the Cayman Islands)

Masonglory, through our operating subsidiary Masontech Limited, s a Hong Kong subcontractor that has been engaged in providing wet trades services such as plastering and tile laying as well as other ancillary services since 2018. Our clients are mostly major contractors involved in property development and civil engineering projects  in Hong Kong.

As a subcontractor, we provide our customers with comprehensive wet trades work solutions, which principally include (i) plastering on floors, ceilings and walls, (ii) tile laying on internal and external walls and floors, (iii) brick laying, (iv) floor screeding, and (v) marble works. In recognition of our achievements in the wet trades industry in Hong Kong, our Operating Subsidiary has been granted registration as a Group 2 Registered Specialist Trade Contractor under the Registered Specialist Trade Contractors Scheme (formerly known as the Subcontractor Registration Scheme) of the Construction Industry Council since 2020.

Note: Net income and revenue are for the fiscal year that ended March 31, 2024.

(Note: Masonglory Ltd. filed its F-1 on Nov. 7, 2024, and disclosed the terms for its micro-cap IPO: 1.5 million shares at a price range of $4.00 to $6.00 to raise $7.5 million.)

Industry: CONSTRUCTION - SPECIAL TRADES CONTRACTORS
Employees: 2
Founded: 2018
Contact Information
Address Room 8, 25/F, CRE Centre 889 Cheung Sha Wan Kowloon, Hong Kong
Phone Number +852 2114 3424
Web Address
View Prospectus: Masonglory Ltd.
Financial Information
Market Cap $70.0mil
Revenues $20.63 mil (last 12 months)
Net Income $1.3 mil (last 12 months)
IPO Profile
Symbol MSGY
Exchange NASDAQ
Shares (millions): 1.5
Price range $4.00 - $6.00
Est. $ Volume $7.5 mil
Manager / Joint Managers Benjamin Securities/D. Boral Capital (ex-EF Hutton)
CO-Managers
Expected To Trade:
Status: TBA
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change