Tenneco Clear Air IPO GMP: Tenneco Clear Air’s IPO is about to debut on the exchanges tomorrow, Wednesday, November 19. As per info obtainable on the BSE web site, the shares of Tenneco Clear Air will likely be listed throughout a particular pre-open session on each the BSE and NSE on Wednesday.
The inventory will likely be open for buying and selling from 10:00 IST.
Tenneco Clear Air IPO bidding began from November 12, 2025 and ended on November 14, 2025. The allotment for the Tenneco Clear Air IPO was finalised on Monday, November 17. Shares had been credited to the demat accounts of profitable traders on Tuesday, November 18, whereas refunds for candidates who didn’t obtain an allotment are additionally scheduled to be accomplished at the moment.
In the meantime, Emmvee Photovoltaic’s IPO noticed sturdy demand from certified institutional patrons (QIBs) and retail traders (NIIs), with an total subscription of 61.79 occasions on the ultimate day. Though the difficulty noticed subdued participation on the opening day, curiosity picked up sharply on the second and third days, leading to bids for 392 crore shares in opposition to the 6.34 crore shares obtainable.
QIBs had been essentially the most aggressive members, with their quota subscribed 174.78 occasions. Non-institutional patrons additionally confirmed stable curiosity, with their section booked 42 occasions. Retail traders, nevertheless, displayed comparatively subdued participation, with their portion subscribed 5.37 occasions, in accordance with change knowledge.
Tenneco Clear Air IPO GMP at the moment
The gray market premium (GMP) for the Tenneco Clear Air IPO is at present at ₹115 per share, suggesting that the inventory might listing above its concern value.
Primarily based on the GMP and the higher finish of the value band at ₹397, the shares are projected to listing close to ₹512, implying a premium of 28.97 %. The GMP represents the estimated hole between an IPO’s concern value and its anticipated itemizing value within the unofficial market.
The time period ‘gray market premium’ displays the extra quantity traders are prepared to pay over the difficulty value.
Tenneco Clear Air IPO Particulars
The ₹3,600 crore IPO is totally a proposal on the market involving 9.07 crore shares. The value band for the difficulty was fastened between ₹378 and ₹397 per share. The lot dimension for retail traders was set at 37 shares per lot, requiring ₹14,689 because the minimal funding.
JM Monetary Ltd. acted because the book-running lead supervisor, whereas MUFG Intime India Pvt. Ltd. served because the registrar for the difficulty.
All proceeds from the provide will likely be acquired by the promoting shareholders.
The problem raised ₹1,080 crore from anchor traders forward of opening on November 11.
About Tenneco Clear Air
The corporate operates below the Tenneco Group, a U.S.-based international Tier I automotive elements provider that produces and delivers crucial, high-engineering, technology-driven clear air, powertrain, and suspension options for Indian OEMs in addition to worldwide markets.
Its merchandise are deployed throughout passenger automobiles and industrial automobiles, together with industrial vehicles, off-highway machines, and varied industrial purposes. These purposes lengthen to generator units, small industrial automobiles with a gross car weight under 3.5 tons, together with two-wheelers and three-wheelers.
Disclaimer: The views and proposals made above are these of particular person analysts or broking corporations, and never of Mint. We advise traders to examine with licensed specialists earlier than making any funding selections.
