Oman India Fertiliser Seeks $678M Through Muscat IPO

By EC Assets · Published 12 June 2026

Oman India Fertiliser Company (OMIFCO) plans to raise $678 million through an initial public offering (IPO) in Muscat. The Financial Services Authority (FSA) has approved the prospectus for the offering. This approval paves the way for the IPO. The shares offered in the IPO represent 25% of OMIFCO's share capital. The offering value is approximately 260.9 million Omani Rials. Subscriptions for the IPO will continue until June 25. This article is intended for informational purposes only. It does not constitute investment advice.