Tenneco Clean Air IPO Sees Strong Response, Subscribed 3.08x on Day 2

Tenneco Clean Air Limited’s initial public offering (IPO) has witnessed strong investor participation through the second day of subscription. The stock price band is set at ₹378-₹397 per share. The ₹3,600 crore IPO reached 3.08 times by 5:44:45 PM on day two.

Tenneco Clean Air IPO non-institutional investors segment leads with robust 7.55 times subscription. Qualified institutional buyers demonstrate strong participation at 2.46 times.

Tenneco Clean Air IPO subscription reached a healthy 3.08 times on day two. It was led by Non-Institutional Investors (7.55x), Qualified Institutional Buyers Ex-Anchor (2.46x), and Individual Investors (1.52x). Total applications reached 11,26,775.

Invest in Indian Markets and Unlock Future Potential With 5paisa!

Open Account Now

Subscription Status of Tenneco Clean Air IPO:

Here are the subscription details for Tenneco Clean Air IPO as of Day 1 (November 12, 2025, 4:59:40 PM):

Key Highlights - Day 2:

• Overall subscription reached a strong 3.08 times, showing a sharp rise from day one’s 0.44 times.
• Qualified institutional buyers (ex-anchor) showing solid performance at 2.46 times, indicating growing institutional participation.
• Non-institutional investors displaying strong confidence at 7.55 times, showing heavy HNI demand for this mainboard IPO.
• Individual investors displaying improved participation at 1.52 times, indicating growing retail sentiment.
• Total applications reached 11,26,775, showing strong overall demand for this IPO.
• Cumulative bid amount reached ₹7,767.32 crores, exceeding the net offer size of ₹2,520 crores (excluding anchor portion).
   

Key Highlights - Day 1:

• Overall subscription reached limited 0.44 times, showing moderate opening day response.
• Qualified institutional buyers showing initial performance at 0.01 times, indicating early institutional activity yet to pick up.
• Non-institutional investors displaying good confidence at 1.16 times, showing active HNI participation on day one.
• Individual investors showing moderate performance at 0.37 times, indicating cautious retail start.

About Tenneco Clean Air India Limited

Incorporated in 2018, Tenneco Clean Air India Limited is a subsidiary of Tenneco Inc., a global leader in designing and manufacturing clean air and powertrain solutions for automotive applications. The company focuses on emission control technologies for both light and commercial vehicles under the Clean Air division.

In India, the company provides advanced exhaust and after-treatment systems that enable vehicle manufacturers to meet Bharat Stage VI and global emission norms. Its portfolio includes catalytic converters, diesel particulate filters (DPFs), mufflers, and exhaust pipes.

The company operates 12 manufacturing facilities across seven states and one union territory, serving top Indian and global OEMs. It emphasizes sustainability, innovation, and regulatory compliance through advanced R&D.