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Omifco to tap banks for Oman IPO
Mint Kolkata
|November 06, 2025
Oman India Fertiliser Co. (Omifco) has picked banks for a potential initial public offering in Muscat, according to people familiar with the matter, as the sultanate revives efforts to privatize state assets and deepen its capital markets.
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Societe Generale SA, Arqaam Capital Ltd and Bank Muscat SAOG are among the arrangers working on the possible share sale, the people said, asking not to be identified. The deal
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