Plutus Financial Group

General Information
Business:

We are a holding company whose Hong Kong operating subsidiaries, Plutus Securities and Plutus Asset Management, provide financial services. (Incorporated in the Cayman Islands) 

Plutus Securities is a licensed Hong Kong securities broker whose services include brokerage services and margin financing services as well as underwriting and placement services.

Plutus Asset Management provides asset management services and investment advisory services.

Note: Net loss and revenue are in U.S. dollars for the 12 months that ended June 30, 2024.

(Note: Plutus Financial Group filed its F-1 on Jan. 31, 2024, and disclosed the terms for its IPO – 2.1 million shares at a price range of $4.00 to $6.00 to raise $10.5 million, if priced at the $5.00 mid-point of its range.) 

Industry: Securities Broker & Financial Services
Employees: 10
Founded: 2018
Contact Information
Address 8/F, 80 Gloucester Road Wan Chai, Hong Kong (852) 2968 1192
Phone Number (852) 2968 1192
Web Address http://www.plutusfingroup.com/
View Prospectus: Plutus Financial Group
Financial Information
Market Cap $70.5mil
Revenues $2.27 mil (last 12 months)
Net Income $-1.15 mil (last 12 months)
IPO Profile
Symbol PLUT
Exchange NASDAQ
Shares (millions): 2.1
Price range $4.00 - $6.00
Est. $ Volume $10.5 mil
Manager / Joint Managers R.F. Lafferty/Revere Securities
CO-Managers
Expected To Trade: 1/6/2025
Day: Week of
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change