
Oman India Fertiliser Co. shares surged about 18% on their first day of trading in Muscat after the company raised $678 million in the region's largest IPO of the year. The strong debut indicates robust investor demand for the fertilizer sector in Oman.
Analyzed · Moderate confidence (62%)
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18% jump on debut indicates investor enthusiasm.
Oman India Fertiliser Co. jumped about 18% on its Muscat trading debut.
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No forecast extracted yet.
The company raised 261 million Omani rials ($678 million) in the IPO.
BloombergOman India Fertiliser Co. rose about 18% on its Muscat trading debut after raising 261 million Omani rials ($678 million) in the region’s largest initial public offering of the year.
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The company raised 261 million Omani rials ($678 million) in the IPO.
BloombergOman India Fertiliser Co. jumped about 18% on its Muscat trading debut.
BloombergThis IPO is the region’s largest initial public offering of the year.
Bloomberg