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Ipos overview

Neutrans Inc. (NEUT)


Company Overview

Proposed Symbol NEUT
Company Name Neutrans Inc.
Exchange
Share Price $
Employees 12 (as of 03/31/2025)
Status
Shares Offered
Offer amount $12,937,500
Shares Over Alloted
Company Address UNIT B-1-08, FIRST FLOOR COPLACE 1 2270 JALAN USAHAWAN 2, CYBER 6 CYBERJAYA 63000
Company Phone 60329359635
Company Website www.myneutrans.com
CEO Mohamed bin Awang Lah
State of Inc
Fiscal Year End 03-31
Total Offering Expense $725,000.00
Shareholder Shares Offered
Shares Outstanding 23,750,000
Lockup Period (days) 180
Lockup Expiration
Quiet Period Expiration
CIK 0002065741
DealId 1351835-115620

Company Description

We are a fiber-optic infrastructure provider based in Cyberjaya, Malaysia, offering internet connection solutions through four business units: fiber core leasing, fiber duct sales, IRU Agreements, and operation and maintenance services. Our products and services support high-bandwidth applications such as internet connection, data center interconnection, enterprise networking, and trunk connectivity. Our primary sources of revenue for the last two fiscal years come from leasing income from fiber core (which is also referred to as “dark fiber” when unlit) and non-recurring revenue from fiber duct sales. For the fiscal years ended March 31, 2025 and 2024, revenue from fiber core leasing and fiber duct sales collectively accounted for approximately 94.1% and 84.9% of our total revenue, respectively. Leveraging our NFP license and NSP license, which licenses authorize us to own, lease, and install fiber-optic infrastructure, we own and operate approximately 80 kilometers of fiber ducts in Cyberjaya. Our goal is to become Malaysia’s leading neutral fiber-optic infrastructure provider by continuing to expand our network and customer base. --- Our principal executive office is located at Unit B-1-08, First Floor CoPlace 1, 2270 Jalan Usahawan 2, Cyber 6, 63000 Cyberjaya, Selangor, Malaysia, and our phone number is +60 3 2935 9635. Our registered office in the BVI is located at Ritter House, Wickhams Cay II, PO Box 3170, Road Town, Tortola VG1110. We maintain a corporate website at https://myneutrans.com. Our agent for service of process in the United States is Cogency Global Inc. (“Cogency”), the address of which is 122 East 42nd Street, 18th Floor, New York, NY 10168.