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Tenneco Clean Air India IPO, which opened for subscription on November 12, was subscribed to over 42% on the first day of bidding. The mainboard issue will close for subscription on November 14.

Tenneco Clean Air India focuses on producing and delivering advanced, precision-engineered clean air, powertrain, and suspension solutions tailored for Indian original equipment manufacturers and international markets.

The Tenneco Clean Air India IPO has received 100% subscription on the second day of bidding, as of 12:00pm.

The retail category was subscribed over 0.77 times, meanwhile, NIIs and QIB received 2.87 times and 0.01 times subscription.

The IPO has so far received 6,77,27,390 share applications against offered 6,66,66,666 shares on November 13.

(This is a developing story)

Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.

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