Tenneco Clean Air India IPO: US-based automotive component supplier’s Indian arm, Tenneco Clean Air India Ltd, completed its anchor investor round on Tuesday, 11 November 2025. The company raised ₹1,079 crore from anchor investors ahead of the initial public offering.
Tenneco Clean Air India allocated a total of 2,72,04,030 or more than 2.72 crore equity shares with a face value of ₹10 apiece, at an allocation price of ₹397 per share, according to the official filing.
The anchor filing also showed that the company allocated a total of 1,47,31,440 or over 1.47 crore equity shares to 17 domestic mutual funds through a total of 41 schemes.
SBI Mutual Fund, ICICI Prudential Mutual Fund, HDFC Mutual Fund, Kotak Mahindra Mutual Fund, Nomura Funds Ireland, BlackRock Global Funds, Goldman Sachs Funds, Axis Mutual Fund, Motilal Oswal Mutual Fund, and Canara Robeco Mutual Fund were among the marquee investors who invested in the public issue’s anchor book round.
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 to the issue.
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