BUSINESS REPORTER
MUSCAT, JULY 1
The Financial Services Authority (FSA) has approved the share allocation ratios for the initial public offering (IPO) of the Oman India Fertiliser Company (OMIFCO), following its review of the subscription results.
The results showed that total subscription proceeds exceeded the value of the offer by 3.909 times for the individual investor category and 27.4 times for the institutional investor category. Total subscription demand reached RO 4.69 billion. Total subscription demand reached RO…


