Tenneco Clean Air IPO Allotment Today: Check Status, GMP, Subscription & Listing Details
Tenneco Clean Air IPO allotment will be finalised today. Check allotment status on BSE or MUFG Intime, latest GMP, subscription numbers, price band, investor category response, and expected listing gains ahead of the November 19 BSE/NSE listing.
Tenneco Clean Air IPO allotment to be finalised today after massive 61.79x subscription; check status, GMP, and listing details.
The allotment status for the highly anticipated Tenneco Clean Air IPO will be finalised today, November 17, after the public issue received strong investor interest and closed with 61.79 times subscription. Heavy bidding across retail, NII, and QIB categories pushed the demand far beyond the available shares.
Massive Subscription Across Investor Categories
The IPO received bids for 3,92,21,37,714 shares against the 6,34,76,070 shares on offer, amounting to a total bid value of ₹1,55,708.87 crore.
Retail investors: 5.37 times
QIBs: 174.78 times
NIIs: 42.79 times
The ₹3,600-crore IPO is entirely an Offer for Sale (OFS) of 9.07 crore shares, with no fresh issue component.
The issue opened on November 12 and closed on November 14, with a price band of ₹378–₹397 per share.
Minimum investments:
Retail: ₹14,689 (1 lot = 37 shares)
Small NII: ₹2,05,646
Large NII: ₹10,13,541
How to Check Tenneco Clean Air IPO Allotment Status
- On the BSE Website
- Visit the BSE IPO allotment page
- Select ‘Equity’ and choose ‘Tenneco Clean Air India Limited’
- Enter your Application Number and PAN
- Complete the captcha and click Search
- On the MUFG Intime India Website
- Open the IPO allotment page
- Select ‘Tenneco Clean Air India Limited’
- Search using Application No., Demat No., or PAN
- Enter required details, fill captcha, and click Submit
Once the allotment is finalised, refunds for non-allottees will be initiated, while successful bidders will receive shares in their demat accounts.
Grey Market Premium (GMP) Before Listing
The GMP for the IPO has surged on strong demand.
Latest GMP (Nov 17, 7:35 AM): ₹122
Estimated listing price: ₹519 (based on upper band ₹397)
Expected listing gains: ~30.73%
What Analysts Say
Experts view the valuation as attractive compared to peers in the auto-tech and clean-air systems space.
Mehta Equities Ltd:
“At a P/E of 23.8x (FY26 annualised), the pricing looks fair. Given Tenneco’s leadership position and growth potential driven by electrification and regulatory tailwinds, we recommend ‘Subscribe’ for long-term’.”
Geojit Investments Ltd:
“At a 29x FY25 P/E, the issue is reasonably priced. With strong parentage, established OEM partnerships, and solid return ratios, we assign a ‘Subscribe’ rating.”
Tenneco Clean Air will list on the BSE and NSE on November 19, 2025.
