
Tenneco Clean Air India IPO Subscription Day 1: Check Online
Posted by : sachet | Wed Nov 12 2025

Check Expert’s Verdicts on Tenneco Clean Air India IPO.
Here is the Tenneco Clean Air India IPO launched on 12th November 2025. Bidding for the issue will close on 14th November 2025. The primary aim of the Tenneco Clean Air India IPO is to raise ₹3,600 crores from the market. Additionally, the Tenneco Clean Air India IPO has received an impressive level of subscription, indicating that the shares will likely be listed at a premium. Scroll down to check the Tenneco Clean Air India IPO subscription and details.
Tenneco Clean Air India IPO Details
| IPO Open Date | 11th November 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹378 to ₹397 per share |
| Lot Size | 37 shares |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE & NSE |
| IPO Close Date | 14th November 2025 |
| Listing Date | 19th November 2025 |
The price band for the Tenneco Clean Air India IPO has been set at ₹378 to ₹397 per share, Let’s segregate the share quota fixed for different categories of investors.
| Categories | Shares Offered |
| QIB Shares Offered | Not more than 50% of the offer |
| NII (HNI) Shares Offered | Not less than 35% of the offer |
| Retail Investors Offered | Not less than 15% of the offer |
Tenneco Clean Air India IPO Subscription Status
As of now, the Tenneco Clean Air India IPO has been subscribed to 0.08 times. Of these, 0.08 times are subscribed by retail investors, 0.17 times by non-institutional investors, and 0.00 times by QII (Qualified Institutional Investors).
The healthy subscription status indicates that investors are expecting higher returns at the time of the Tenneco Clean Air India IPO, scheduled for listing on 19th November 2025. Tenneco Clean Air India’ IPO also has a positive outlook, with the fresh issue of 22.00.000 shares to raise around Rs 3,600 crores.
Tenneco Clean Air India IPO GMP Today

We know that higher subscription levels drive grey-market premiums for IPOs. Let’s explore the Tenneco Clean Air India IPO GMP for 12th November 2025.
The grey market premium for this IPO is 15.37% or Rs 61 per share. It indicates that the estimated listing price per share is Rs 458. Numerous factors played a pivotal role in the jump in Tenneco Clean Air India IPO GMP. These include higher subscription rates, favourable market sentiment, and investors’ positive attitude towards IPOs.
| GMP Date | IPO Price | GMP | Estimated Listing Price | Estimated Listing Gains |
| 12-11-2025 | ₹397.00 | ₹61.00 | ₹458.00 | 15.37% |
| 11-11-2025 | ₹397.00 | ₹61.00 | ₹458.00 | 15.37% |
| 10-11-2025 | ₹397.00 | ₹55.00 | ₹452.00 | 13.85% |
| 9-11-2025 | ₹397.00 | ₹67.00 | ₹464.00 | 16.88% |
| 8-11-2025 | ₹397.00 | ₹66.00 | ₹463.00 | 16.62% |
| 7-11-2025 | ₹397.00 | ₹87.00 | ₹484.00 | 21.91% |
| 6-11-2025 | ₹397.00 | ₹96.00 | ₹96.00 | 0.00% |
| 5-11-2025 | ₹397.00 | ₹101.00 | ₹101.00 | 0.00% |
About Tenneco Clean Air India IPO Ltd.
Tenneco Clean Air India Limited is a subsidiary of Tenneco Inc., a global leader in designing and manufacturing clean air and powertrain products for automotive applications. The company operates within the Clean Air division, focusing on emission control technologies for both light and commercial vehicles. In India, Tenneco Clean Air provides advanced exhaust and after-treatment systems, helping vehicle manufacturers meet increasingly stringent emission norms such as Bharat Stage VI. Its product portfolio includes catalytic converters, diesel particulate filters (DPFs), mufflers, and exhaust pipes.
Tenneco Clean Air India Limited Financials
The company’s financial analysis is essential before applying for Tenneco Clean Air India Limited’s IPO. Look at the table to learn about Tenneco Clean Air India Limited’s financials.
| Year Ended | 30th June 2025 | 31st March 2025 (in cr.) | 31st March 2024 (in cr.) | 31st March 2023 (in cr.) |
| Assets | 4,347.72 | 3,913.94 | 2,189.99 | 840.79 |
| Revenue | 1,042.22 | 2,360.33 | 954.44 | 644.37 |
| Profit After Tax | 187.68 | 369.01 | 28.90 | 8.97 |
| EBITDA | 347.38 | 721.94 | 120.44 | 56.27 |
| Net Worth | 718.79 | 531.41 | 162.77 | 133.97 |
| Reserve and Surplus | 608.83 | 529.37 | 160.73 | 131.93 |
| Total Borrowing | 2,032.11 | 1,949.69 | 1,441.30 | 519.62 |
Explanation
Tenneco Clean Air India Limited’s revenue decreased by 11% from ₹5,537.39 crore in March 2024 to ₹4,931.45 crore in March 2025. Moreover, the company’s PAT increased by 33% from ₹416.79 crores to ₹612.09 crores. Investors can analyse other relevant factors and make a decision accordingly.
Technical Indicators
Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technical aspects of the Tenneco Clean Air India IPO.
| Key Indicators | Value |
| PE Ratio (Price-to-Earnings) | 28.97 |
| EPS (Earnings Per Share) | 13.71 |
| RoNW | 46.65% |
| ROCE | 56.78% |
| ROE | 42.65% |
| EBITDA Margin | 16.67% |
| Price to Book Value | 12.77 |
| Market Capitalisation | ₹6,023.09 Cr |
Tenneco Clean Air India IPO Listing Expectations
Tenneco Clean Air India IPO Highlights: IPO allotment is still pending, as the bid closes today. However, given the current GMP or market sentiment, it is reasonable to expect higher listing gains for the share. A 15.37% jump in the GMP of Tenneco Clean Air India’s IPO suggests that the estimated listing price per share will be around Rs 61.
It will provide higher listing gains to investors who applied for this IPO. Also, the financial fundamentals of this business made it the experts’ top long-term recommendation.
Tenneco Clean Air India IPO Dates
| IPO Open Date | 12th November 2025 |
| IPO Close Date | 14th November 2025 |
| Allotment | 17th November 2025 |
| Refund Date | 18th November 2025 |
| IPO Listing Date | 19th November 2025 |
Note: IPO GMP is volatile, driven by market sentiment. Hence, one should conduct their research before investing in it.
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