New Delhi, Nov. 12 -- The initial public offering of Tenneco Clean Air India Ltd, part of the US-based Tenneco Group, opens for public subscription on November 12 and will conclude on November 14. Tenneco Clean Air IPO price band has been set at Rs.378-397 per share.

Tenneco Clean Air IPO GMP today is Rs.61. Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of Tenneco Clean Air India share price was indicated at Rs.458 apiece, which is 15.37% higher than the IPO price of Rs.397.

Tenneco Clean Air IPO raised Rs.1,080 crore from anchor investors, just a day prior to the launch of its public offering. The anchor book attracted participation from 58 organizations, includi...