Monday, June 22, 2026 | Muharram 6, 1448 H
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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI

OMIFCO conducts a roadshow for IPO

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The first two retail investor roadshows organised by Oman India Fertiliser Company SAOG (under transformation) “OMIFCO” in Sur and Nizwa attracted strong interest and broad engagement, underscoring the early and growing momentum behind the Company’s Initial Public Offering. Subscription remains open until 25 June 2026, ahead of the expected listing on the Muscat Stock Exchange on July 8, 2026.

OMIFCO had earlier last week announced the price range and subscription details for its Initial Public Offering on the Muscat Stock Exchange. The offering comprises 1,672,343,750 shares, representing 25% of the Company’s total share capital, within a price range of Bzs 146 to Bzs 156 per share.

The roadshows have provided a direct platform for engagement with retail investors, offering them a closer understanding of OMIFCO’s performance, contracted business model, operational strengths and long-term sustainable growth prospects. In Sur, the first investor roadshow, held on 16 June, attracted strong attendance from the local community, with members of the executive management presenting the Company’s business and key highlights of the IPO. The Nizwa session, held on 17 June, was marked by notable engagement, with questions from attendees reflecting genuine interest in understanding OMIFCO’s fundamentals and future outlook.

During the roadshows, Dr Ahmed Said Al Marhoubi, Chief Executive Officer of OMIFCO, highlighted the importance of the IPO in the Company’s next phase, saying: “This IPO marks a transformative milestone for OMIFCO, and expands public ownership by allowing Omani investors to participate in one of Oman’s most successful industrial enterprises.”

The engagement across the first two sessions reflects growing confidence in OMIFCO’s industrial position as the largest integrated fertiliser complex in Oman and one of the top five urea producers in the GCC by production capacity. It also reflects investor interest in the Company’s contracted business model, strong operational track record and strategic location in Sur, connecting it to global demand markets.

In parallel with the retail investor roadshows, OMIFCO’s executive management has intensified its engagement with institutional investors, including pension funds and investment funds, through in-person and virtual meetings in Oman and overseas, further supporting interest in the offering from its early stages.

OMIFCO will continue its investor roadshows in Salalah on 21 June, followed by Sohar on 23 June, and conclude in Muscat on 24 June. These sessions represent the final opportunity for investors to engage directly with the executive management ahead of the close of the subscription period.

 

Watch the Salalah roadshow live on YouTube on June 21

OMIFCO Salalah Roadshow LiveStream


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