Megatherm Induction Limited was originally incorporated as a Private Limited Company under the name of ‘Megatherm Transmission & Distribution Private Limited’ on October 22, 2010 under the provisions of the Companies Act, 1956 with the Registrar of Companies, Kolkata, West Bengal. Further, pursuant to the special resolution passed by the shareholders in the Extra Ordinary General Meeting held on September 16, 2015 the name of the company was changed from ‘Megatherm Transmission & Distribution Private Limited’ to ‘Megatherm Induction Private Limited’ and a fresh Certificate of Incorporation was issued by the Registrar of Companies, Kolkata, West Bengal dated September 23, 2015. Subsequently, pursuant to Special Resolution passed by the Shareholders at the Extra Ordinary General Meeting, held on November 15, 2022, the Company was converted into a Public Limited Company and consequently the name of the Company was changed from ‘Megatherm Induction Private Limited’ to ‘Megatherm Induction Limited’ vide a fresh certificate of incorporation dated December 20, 2022, issued by the Registrar of Companies, Kolkata, West Bengal.

The company is engaged in the business of manufacturing of induction heating and melting products by means of electric induction like induction melting furnace and induction heating equipment. Besides induction melting & heating equipments, the company produces various up-stream & down-stream plant & machineries associated with steel melt shops such as, transformers, ladle refining furnaces, continuous casting machines, fume extraction systems etc. The company also manufacturers electric arc furnaces for alloys & special steel making industries. Its services portfolio includes turnkey solutions for steel plant, which involves design, engineering, supply, erection & commissioning of the steel melt shops using both insourced & outsourced plant & machineries and after sales service, involving maintenance contracts & spare parts business.

The company’s manufacturing facilities have been certified in accordance with international standards of quality management systems such as ISO 9001:2015 from SGS United Kingdom. Further, making the product more energy efficient is very important to gain and maintain the market share. To make the products more energy efficient and meet the customer specifications, it undertakes research and development activities. The company’s manufacturing facility is equipped with requisite infrastructure including machineries, testing laboratory and other handling equipment to facilitate smooth manufacturing process. To ensure efficiency of the products, it has designed and established testing at different levels of production.

Business area of the company

The company is primarily engaged in the business of manufacturing and selling of Capital Equipments like Induction Melting and Heating Equipments, Arc Melting Furnace, Ladle Refining Furnace, Continuous Casting Machines, Transformers etc. and various parts thereof which are required by the Steel Making Industries, Foundry, Forging and Power sector. The company also carries on business of repairs and contractors for servicing and production, modification, reconstruction etc. of all types of Engineering goods, equipments, plant & machineries.

Products of the company

• Induction melting furnace
• Induction billet heaters
• Induction hardening & heat-treating equipment
• Induction heating power source (Static Frequency Converter)
• Transformer
• Ladle refining furnace
• Electric arc furnace
• Continuous Casting Machine (CCM)

History and milestones 

• 2010: Incorporation of the Company in the name of ‘Megatherm Transmission & Distribution Private Limited’.
• 2015: Change in the name of the Company from Megatherm Transmission & Distribution Private Limited To Megatherm Induction Private Limited.
• 2016: Started operations at the Kharagpur facility.
• 2022: Started the business of transformer manufacturing.
• 2022: Conversion of the Company from Private Limited to Public Limited Company.