Tenneco Clean Air IPO Allotment Status Declared: GMP Assessed

New Delhi, November 18, 2025: The basis of allotment for the Tenneco Clean Air India Initial Public Offering (IPO) has been finalised. The public issue, which was offered from November 12 to November 14, 2025, had been subscribed significantly, seeing an overall subscription of approximately 61.79 times. Strong investor interest was observed across all categories, with the Qualified Institutional Buyer (QIB) portion being booked around 174.78 times.

Grey Market Premium (GMP) Reviewed

The Grey Market Premium (GMP) for the IPO is currently being quoted at a strong level. This premium, which indicates an unofficial market trend, is calculated to be around ₹115-₹123, which is about 29% to 31% over the upper end of the issue price band of ₹397 per share. Based on this figure, the estimated listing price is projected to be approximately ₹512–₹520 per share. Investors are cautioned that the GMP is an unofficial indicator only and the actual listing price will be determined by market forces.

Shares and Refunds to be Processed

Successful applicants will be credited with shares in their demat accounts. Simultaneously, refunds for the money blocked for non-allottees are scheduled to be initiated. Both the crediting of shares and the initiation of refunds are expected to be completed today, November 18, 2025. The listing of the shares on the BSE and NSE is tentatively scheduled for November 19, 2025.

Steps to Check Share Allotment Status Online

The status of the share allotment can be verified through two primary channels: the BSE website and the portal of the issue’s registrar, MUFG Intime India Pvt. Ltd. The following steps should be followed:

• 1. On the Registrar’s Website (MUFG Intime India)
  • The IPO allotment status page must be visited.
  • The company name, ‘Tenneco Clean Air India Limited,’ should be selected from the dropdown menu.
  • One of the three options—Application Number, Demat Account Number, or PAN ID—is to be chosen.
  • The necessary details are to be entered in the field provided.
  • The Captcha is to be completed, and the ‘Submit’ button is to be clicked.
• 2. On the BSE Website
  • The IPO application status page on the BSE website must be navigated to.
  • The ‘Equity’ option is to be selected under ‘Issue Type’.
  • ‘Tenneco Clean Air India Limited’ must be chosen from the dropdown list.
  • The Application Number and PAN ID are to be inputted.
  • The ‘I am not a Robot’ verification is to be ticked, and ‘Search’ is to be pressed.

Once the steps are completed, the allocation details will be displayed on the screen.