Allotment of shares for the Tenneco Clean Air IPO will be finalised on Monday, November 17, after the public issue drew massive interest and was subscribed more than 60 times.
The IPO saw heavy bidding across categories. Overall, it was subscribed 61.79 times, with the retail category booked 5.37 times, QIBs subscribed 174.78 times, and NIIs subscribed 42.79 times as of November 14.
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Tenneco Clean Air offered 6,34,76,070 shares but received bids for 3,92,21,37,714 shares, amounting to R
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