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Tenneco Clean Air India Ltd. launched its initial public offering (IPO) to raise over Rs 3,500 crore from the primary market on November 12.

Ahead of its opening, the grey market premium (GMP) indicated a potential listing gain of nearly 20% per share over the issue price. Earlier, according to the latest grey market trends, the GMP for the mainboard offer had declined by as much as 29% since Friday, November 7, when the grey market premium was Rs 87.

Tenneco Clean Air India IPO GMP Today

The GMP for the Tenneco Clean Air India IPO stood at Rs 79 as of 10:30 a.m. on November 12. It indicates a potential listing price of Rs 476 per share, a premium of 19.90% compared to the upper limit of the IPO price ba

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