Oman's largest producer of urea and ammonia fertilisers; conducted a 25% IPO raising ~US$678M and valued at ~US$2.7B.
Oman India Fertiliser Company (OMIFCO) raised about US$678 million by selling a 25% stake in an IPO that drew over US$12 billion in orders and valued the company at roughly US$2.7 billion. Shares are set to begin trading on the Muscat Stock Exchange on 8 July.