Tenneco Clean Air IPO Allotment: What Investors Need to Know
The Tenneco Clean Air India IPO is set to finalize its allotment today, November 17, 2025, with a GMP of 31% ahead of its listing on the stock market. Here's a breakdown of what investors should watch and how to check their allotment status.
Key Details at a Glance:
- Price Band: Rs 378-397 per share
- IPO Date: November 12-14, 2025
- GMP: 31%
- Allotment Date: November 18, 2025
- Listing Date: November 19, 2025
What's Happening Today?
The allotment process involves allocating shares to successful bidders. Once finalized, the company will credit shares to their demat accounts and issue refunds to those who didn't get shares on November 18.
GMP: A Market Indicator, Not the Listing Price
The GMP of 31% reflects the premium investors are willing to pay for unlisted shares in the grey market. However, it's important to remember that GMP is not the official listing price and can fluctuate based on market sentiment.
Subscription Numbers Impressive
The IPO saw strong interest, with the issue subscribed 58.83 times. This means investors were eager to participate, bidding for 3.92 billion shares against the 9.06 crore shares on offer.
Pure Offer-for-Sale Structure
Tenneco's IPO is entirely an offer-for-sale (OFS), meaning the company isn't raising fresh capital. All proceeds go to the selling shareholder, Tenneco Mauritius Holdings.
What Tenneco Does
Tenneco Clean Air India specializes in manufacturing highly engineered clean air, suspension, and powertrain components. Its customer base includes domestic OEMs and export markets across global automotive hubs.
How to Check Your Allotment Status
Investors can check their allotment status through:
- BSE Website: Visit the BSE IPO allotment status page, select 'Equity', choose 'Tenneco Clean Air', enter your application number or PAN, and complete the captcha.
- NSE Website: Go to the NSE IPO application tracking page, select 'Equity and SME IPO Bid Details', choose 'Tenneco Clean Air', enter your application number and PAN, and submit.
- Registrar MUFG Intime India: Visit the official allotment portal, select 'Tenneco Clean Air', choose your preferred option (PAN, Application Number, DP ID/Client ID, or Bank Account Number), enter details, and click Search.
Remember to have your PAN, application number, or DP ID/client ID readily available for a smooth process.
