{"id":17670,"date":"2025-11-19T10:51:14","date_gmt":"2025-11-19T05:21:14","guid":{"rendered":"https:\/\/trending.niftytrader.in\/?p=17670"},"modified":"2025-11-19T10:51:14","modified_gmt":"2025-11-19T05:21:14","slug":"tenneco-clean-air-india-27-percent-premium-listing","status":"publish","type":"post","link":"https:\/\/www.niftytrader.in\/markets\/tenneco-clean-air-india-27-percent-premium-listing\/","title":{"rendered":"Tenneco Clean Air India Shares List at 27% Premium; Strong Market Debut"},"content":{"rendered":"<p data-start=\"436\" data-end=\"665\">Tenneco Clean Air India delivered a strong stock market debut on Wednesday, listing at a 27% premium over its IPO price. The performance closely matched grey market expectations, which had indicated a 26% premium listing.<\/p>\n<h2 data-start=\"667\" data-end=\"705\">Premium Listing on NSE and BSE<\/h2>\n<p data-start=\"706\" data-end=\"937\">The company\u2019s shares were listed at \u20b9505 per share on NSE, reflecting a 27.2% premium over the IPO price band of \u20b9378\u2013\u20b9397 per share.<br data-start=\"851\" data-end=\"854\" \/>On the BSE, the stock debuted at \u20b9498 per share, offering a 25.44% premium.<\/p>\n<p data-start=\"939\" data-end=\"1040\">Following the listing, Tenneco Clean Air India\u2019s market capitalisation stood at \u20b920,099.49 crore.<\/p>\n<p data-start=\"939\" data-end=\"1040\"><em><strong>Also<\/strong> <strong>Read<\/strong>: <a href=\"https:\/\/www.niftytrader.in\/content\/india-inc-cash-reserves-drop-debt-rises-private-capex\/\">India Inc\u2019s Cash Buffer Declines for First Time in Three Years as Debt Rises<\/a><\/em><\/p>\n<h2 data-start=\"1042\" data-end=\"1082\">IPO Subscription and Fundraising<\/h2>\n<p data-start=\"1083\" data-end=\"1292\">The \u20b93,600-crore IPO saw strong demand, being subscribed 59 times during the offer period from November 12\u201314.<br data-start=\"1201\" data-end=\"1204\" \/>Before the issue opened, the company also raised \u20b91,080 crore from anchor investors.<\/p>\n<h2 data-start=\"1294\" data-end=\"1348\">Expert View: Fully Priced but Strong Prospects<\/h2>\n<p data-start=\"1349\" data-end=\"1536\">According to Narendra Solanki, Head of Fundamental Research \u2013 Investment Services at Anand Rathi Shares and Stock Brokers, the issue appears \u201cfully priced\u201d.<br data-start=\"1513\" data-end=\"1516\" \/>He highlighted that:<\/p>\n<ul data-start=\"1538\" data-end=\"1717\">\n<li data-start=\"1538\" data-end=\"1606\">\n<p data-start=\"1540\" data-end=\"1606\">The IPO is valued at a P\/E of 23.8x FY26 annualised earnings<\/p>\n<\/li>\n<li data-start=\"1607\" data-end=\"1660\">\n<p data-start=\"1609\" data-end=\"1660\">Market-cap-to-sales ratio stands at 3.2 times<\/p>\n<\/li>\n<li data-start=\"1661\" data-end=\"1717\">\n<p data-start=\"1663\" data-end=\"1717\">Post-issue market cap was around \u20b916,023 crore<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"1719\" data-end=\"1975\">Despite these valuations, Solanki believes the company\u2019s leadership in clean air systems, diversified product portfolio, and global-backed innovation support its long-term growth. He recommends investors hold the stock for the long term.<\/p>\n<h3 data-start=\"1977\" data-end=\"2002\">About the Company<\/h3>\n<p data-start=\"2003\" data-end=\"2174\">Tenneco Clean Air India manufactures and supplies highly engineered clean air, powertrain, and suspension solutions, catering to Indian OEMs as well as export markets.<\/p>\n<blockquote data-start=\"2176\" data-end=\"2318\">\n<p data-start=\"2178\" data-end=\"2318\"><strong>Disclaimer<\/strong>: Expert views are sourced from Moneycontrol. Users should consult certified professionals before making investment decisions.<\/p>\n<p data-start=\"2178\" data-end=\"2318\"><em><strong>Click here to explore: <a href=\"https:\/\/www.niftytrader.in\/ipo\/tenneco-clean-air-ipo\">Tenneco Clean Air<\/a><br \/>\n<\/strong><\/em><\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Tenneco Clean Air India delivered a strong stock market debut on Wednesday, listing at a 27% premium over its IPO price. The performance closely matched grey market expectations, which had indicated a 26% premium listing. Premium Listing on NSE and BSE The company\u2019s shares were listed at \u20b9505 per share on NSE, reflecting a 27.2% [&hellip;]<\/p>\n","protected":false},"author":7,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[615],"tags":[],"ppma_author":[1384],"class_list":{"0":"post-17670","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-stock-market-news"}," _eael_post_view_count":0,"authors":[{"term_id":1384,"user_id":7,"is_guest":0,"slug":"jitesh-kanwariya","display_name":"Jitesh Kanwariya","avatar_url":{"url":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/08\/Jitesh-Kanwriya.jpeg","url2x":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/08\/Jitesh-Kanwriya.jpeg"},"0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":""}],"_links":{"self":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/17670","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/comments?post=17670"}],"version-history":[{"count":1,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/17670\/revisions"}],"predecessor-version":[{"id":17672,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/17670\/revisions\/17672"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media\/17671"}],"wp:attachment":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media?parent=17670"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/categories?post=17670"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/tags?post=17670"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/ppma_author?post=17670"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}