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    402 Jul-Aug 2026

    OMIFCO prepares 25% IPO on Muscat Stock Exchange

    Written by Natalie Noor-Drugan


    Oman India Fertilizer Company (OMIFCO) has formally announced plans to proceed with an initial public offering of 25% of its existing ordinary shares and list on the Muscat Stock Exchange (MSX). The move opens one of the Gulf’s largest integrated ammonia–urea producers to public investors. It will allow investors to participate in what OMIFCO describes as the largest fertilizer complex in Oman and among the top five in the GCC, while supporting the Sultanate’s wider economic diversification agenda.

    25% stake sale from existing shareholders

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