Price Band fixed at ₹378–₹397 per Equity Share
Tenneco Clean Air India Limited (“the Company”) has announced that its Initial Public Offer (IPO) of equity shares will open for subscription on Wednesday, November 12, 2025, and close on Friday, November 14, 2025. The Anchor Investor bidding will take place on Tuesday, November 11, 2025.
The price band for the offer has been set at ₹378 to ₹397 per equity share with a face value of ₹10 each. Bids can be made for a minimum of 37 equity shares and in multiples thereof. The IPO comprises an Offer for Sale (OFS) of up to ₹3,600 crore by Tenneco Mauritius Holdings Limited, the Promoter Selling Shareholder.
The equity shares are proposed to be listed on BSE Limited (BSE) and the National Stock Exchange of India Limited (NSE), with NSE designated as the lead exchange.
The Offer is being made through the Book Building Process in accordance with SEBI ICDR Regulations. Up to 50% of the Offer will be allocated to Qualified Institutional Buyers (QIBs), not less than 15% to Non-Institutional Investors, and at least 35% to Retail Individual Investors.
JM Financial Limited, Citigroup Global Markets India Private Limited, Axis Capital Limited, and HSBC Securities and Capital Markets (India) Private Limited are the Book Running Lead Managers (BRLMs) to the Offer.
