Great Restaurant Development Holdings Limited (The)

General Information
Business:

(Incorporated in the Cayman Islands)

We operate a multi-award-winning Chinese restaurant chain. We specialize in various types of Specialty Chicken Hotpot under the brand name “The Great Restaurant (一品雞煲火鍋)” in Hong Kong. As of the date of this prospectus, we operate seven restaurants in our chain, out of which three are located in the New Territories, three in the Kowloon Peninsula and one on Hong Kong Island. We have over 12 years of experience in the restaurant services industry in Hong Kong and utilize one food factory to support our operations.

Note: Net income and revenue are for the 12 months that ended June 30, 2024.

(Note: The Great Restaurant Development Holdings Limited cut its IPO’s size to 1.4 million shares – down from 2.0 million shares in the original SEC filing – and kept the price range at $4.00 to $6.00 – to raise $7.0 million, according to its F-1/A filing dated March 3, 2025. Background: Dominari Securities is the “lead left” book-runner, joining the original sole book-runner, Revere Securities, on the cover of the prospectus.)

 

Industry: Restaurant Group
Employees: 116
Founded: 2018
Contact Information
Address Ground Floor and 1st Floor No. 73 Chung On Street Tsuen Wan, New Territories Hong Kong (+852) 2487 3337Hong Kong
Phone Number (+852) 2487 3337
Web Address https://thegreatrestaurant.neocities.org/
View Prospectus: Great Restaurant Development Holdings Limited (The)
Financial Information
Market Cap $102.0mil
Revenues $18.64 mil (last 12 months)
Net Income $2.17 mil (last 12 months)
IPO Profile
Symbol HPOT
Exchange NASDAQ
Shares (millions): 1.4
Price range $4.00 - $6.00
Est. $ Volume $7.0 mil
Manager / Joint Managers Dominari Securities/Revere Securities
CO-Managers
Expected To Trade:
Status: TBA
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change