M&C Solution (Ticker: 484870 KS) is a hydraulic equipment manufacturing company that focuses on advanced hydraulic systems and defense technology. Originally part of South Korean industrial conglomerate Doosan, the company was spun off in December 2020 as part of a business realignment strategy. M&C Solution will list on the KOSPI market on December 16, 2024. The firm is offering shares with a total offer size of USD 171.98 million. The offering is managed by KB Securities, Samsung Securities, and Kiwoom Securities.