Tenneco Clean Air IPO — Full Allotment & GMP Update
Tenneco Clean Air India is making headlines with its upcoming IPO, and many investors are closely tracking key dates, allotment status, and grey-market sentiment. Here’s a clear, up-to-date breakdown of everything you need to know.
What’s the Deal with the IPO?
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IPO Type: Book-built (Offer for Sale) — the company is not raising fresh capital. IPO Central+1
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Issue Size: ~₹3,600 crore. IPO Central
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Price Band: ₹378 to ₹397 per share. Angel One+1
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Lot Size: 37 shares per lot (minimum for retail). IPOHUB https://www.arc-worldwide.com/city/sea-freight-forwarding-delhi.html
IPO Timeline & Key Dates
| Event | Date |
|---|---|
| IPO Open | 12 November 2025 IPOHUB+2Angel One+2 |
| IPO Close | 14 November 2025 Angel One+1 |
| Basis of Allotment | 17 November 2025 IPOHUB+2Angel One+2 |
| Refund / Credit to Demat | Starting 18 November 2025 IPO Central+1 |
| Expected Listing Date | 19 November 2025 on BSE & NSE Business Standard |
How to Check Your Allotment Status
Once the allotment is finalized (on 17 November), you can check whether you’ve been allotted shares by:
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Visiting the MUFG Intime website (the IPO registrar). IPOwiz+1
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Checking the BSE website under IPO allotment section. IPOwiz
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Logging into your demat account — if shares are allotted, they’ll be credited around 18 November. INDmoney
IPO Subscription & Demand
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The IPO saw very high demand: according to India Today, it was subscribed 61.79× overall. India Today
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Retail subscription stood at 5.37×, while QIBs (Qualified Institutional Buyers) were massively oversubscribed at 174.78×. India Today
GMP (Grey Market Premium) — What’s the Buzz?
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The GMP for Tenneco Clean Air has surged in the grey market, indicating strong investor confidence in a healthy listing gain. India Today+1
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As of 17 November, GMP was reported at ₹122 over the upper band (₹397), which implies a possible listing price around ₹519. Business Standard
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Keep in mind: GMP is unofficial. It reflects demand in the grey market, not guaranteed performance on listing day. INDmoney
What Happens After Allotment
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Refunds / UPI Mandate: If you’re not allotted, your UPI mandate or IPO money will be refunded. IPOwiz
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Shares Credit: For those allotted, the shares are expected to hit your demat account on 18 November. INDmoney
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Trading Begins: The IPO is tentatively scheduled to list on 19 November 2025. Business Standard https://www.arc-worldwide.com/cargo-service.html
Final Thoughts & Disclaimer
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Tenneco Clean Air’s IPO is generating huge interest, backed by strong subscription and a rising GMP.
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However, GMP is not a guarantee — it’s just a market sentiment indicator. Treat it as one of many signals.
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Use reliable sources (registrar, BSE/NSE) to check your allotment status.
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Always consider your risk tolerance — IPOs can be volatile, and listing-day performance might differ from grey-market expectations.
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