
Consumer Discretionary · NSE / BSE
Founded in 2018, Tenneco Clean Air India Limited is a subsidiary of Tenneco Inc., a global company known for its clean air and powertrain products used in automobiles. The company operates under the Clean Air division, focusing on emission control systems for both light and commercial vehicles. In India, it provides advanced exhaust and after-treatment solutions such as catalytic converters, diesel particulate filters, mufflers, and exhaust pipes to help manufacturers comply with Bharat Stage VI emission standards. Tenneco Clean Air has 12 manufacturing facilities across seven states and one union territory, supporting OEMs and Tier 1 customers. Its operations include two main divisions: Clean Air & Powertrain Solutions, and Advanced Ride Technologies, which produces shock absorbers, struts, and suspension systems. As of March 31, 2025, the company had 145 employees working in design, engineering, and R&D, with a strong focus on sustainability and innovation.
Price Band
₹378 – ₹397
Issue Size
₹3600 Cr
Lot Size
37 shares
GMP
+25.2%
Est. Listing
₹497
at current GMP
Subscribed
61.79x
overall
Open
12 Nov 2025
Close
14 Nov 2025
Allotment
17 Nov 2025
Refund
18 Nov 2025
Demat Credit
19 Nov 2025
Listing
19 Nov 2025
Overall Subscription
61.79x
Total Demand
QIB Multiplier
174.78x
Institutions & Funds
NII / HNI
42.79x
High Net-Worth
Retail (RII)
5.37x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 18,136,020 | 3,169,844,427 | 174.78x |
| NIB | 13,602,015 | 582,017,659 | 42.79x |
| HNIs(10L +) | 9,068,010 | 447,745,658 | 49.38x |
| HNIs (2-10L) | 4,534,005 | 134,272,001 | 29.61x |
| RETAIL | 31,738,035 | 170,275,665 | 5.37x |
| Total | 77,078,085 | 4,504,155,410 | 61.79x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 857,785 | 3,662,855 | 4.27x |
| HNIs(10L +) | 17,506 | 170,742 | 9.75x |
| HNIs (2-10L) | 8,753 | 246,770 | 28.19x |
| Total Applications | 884,044 | 4,080,367 | 4.62x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Tenneco Clean Air India Limited is bringing an initial public offering (IPO) in the Consumer Discretionary sector with an aggregate issue size of ₹3,600 Crores. The shares are offered at a price band of ₹378 to ₹397 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2025-11-14, the basis of allotment is scheduled to be finalized on 2025-11-17. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
The latest Grey Market Premium (GMP) for Tenneco Clean Air India Limited IPO is ₹100 per equity share. Based on the upper price band of ₹378 to ₹397 per equity share, the estimated listing price is ₹497 (+25.2% expected listing gain).
With a lot size of 37 shares and current GMP of ₹100, the expected profit per application lot is approx ₹3,700 (+25.2% gain). Minimum application cost is approx ₹14,689.
The Tenneco Clean Air India Limited IPO aggregate issue size is ₹3,600 Crores with an equity price band set at ₹378 to ₹397 per equity share. The retail lot size is 37 shares requiring a minimum capital outlay of approx. ₹14,689.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 61.79x (Retail: 5.37x, QIB: 174.78x, NII: 42.79x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2025-11-17. Investors can verify status using PAN card or application number.
Tenneco Clean Air India Limited shares are scheduled to list on NSE and BSE on 2025-11-19.