New Delhi, June 24 -- CopperTech Metals Inc. officially launched the roadshow for its initial public offering (IPO) of 23,529,412 shares of its common stock. According to the company, it expects the initial public offering price to sit between USD 16.00 and USD 18.00 per share as it aims for a listing on the New York Stock Exchange.

The company applied to list its common stock under the ticker symbol "CUX." In addition to the base shares, the metal firm expects to grant its underwriters a 30-day option to buy up to an additional 3,529,411 shares of common stock to cover potential over-allotments.

Citigroup and Cantor serve as the joint lead book-running managers for the proposed market debut. The broader underwriting syndicate features ...