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1h agoIndia’s Tenneco Clean Air IPO raises ₹1,079 cr from anchor investors ahead of public issue

Tenneco Clean Air India Ltd raised ₹1,079 crore from anchor investors ahead of its public offer, setting its price band at ₹378–397 per share (lot size 37 shares). The grey-market premium stood at ~₹55 per share, implying expected listing price near ₹452. The U.S-based auto-component unit is targeting stronger domestic supply and aftermarket growth. While investor demand appears robust, analysts caution that global auto-cycle headwinds and currency risk remain.
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positive
1h agoIndia’s Tenneco Clean Air IPO raises ₹1,079 cr from anchor investors ahead of public issue

Tenneco Clean Air India Ltd raised ₹1,079 crore from anchor investors ahead of its public offer, setting its price band at ₹378–397 per share (lot size 37 shares). The grey-market premium stood at ~₹55 per share, implying expected listing price near ₹452. The U.S-based auto-component unit is targeting stronger domestic supply and aftermarket growth. While investor demand appears robust, analysts caution that global auto-cycle headwinds and currency risk remain.
Explore:Mutual Fund AI Screening
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India’s Tenneco Clean Air IPO raises ₹1,079 cr from anchor investors ahead of public issue
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Tenneco Clean Air India IPO raises ~₹1,079 crore from anchor investors with strong grey-market premium ahead of listing.
Tenneco Clean Air India Ltd raised ₹1,079 crore from anchor investors ahead of its public offer, setting its price band at ₹378–397 per share (lot size 37 shares). The grey-market premium stood at ~₹55 per share, implying expected listing price near ₹452. The U.S-based auto-component unit is targeting stronger domestic supply and aftermarket growth. While investor demand appears robust, analysts caution that global auto-cycle headwinds and currency risk remain.

Tenneco Clean Air India Ltd raised ₹1,079 crore from anchor investors ahead of its public offer, setting its price band at ₹378–397 per share (lot size 37 shares). The grey-market premium stood at ~₹55 per share, implying expected listing price near ₹452. The U.S-based auto-component unit is targeting stronger domestic supply and aftermarket growth. While investor demand appears robust, analysts caution that global auto-cycle headwinds and currency risk remain.
Companies:
Tenneco Clean Air India Ltd
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ipo
india
ipo
india
autos
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Nov 11, 2025 • 21:10 IST