Tenneco Clean Air India Limited

LISTED

Mainboard IPO · IPO Guide

Issue Price
₹378 – ₹397
Listed On
19 Nov 2025
Listing Price
₹511 (+28.72%)
Current Price LIVE
₹511 (+28.72%)
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Lot Size Calculator

Application Lots Shares Amount
Retail (Min) 1 518 ₹2,05,646
Retail (Max) 13 6,734 ₹26,73,398
S-HNI (Min) 14 7,252 ₹28,79,044
S-HNI (Max) 68 35,224 ₹1,39,83,928
B-HNI (Min) 69 35,742 ₹1,41,89,574
Retail: ≤ ₹2L  •  S-HNI: ₹2L–₹10L  •  B-HNI: > ₹10L Cap Price: ₹397/sh

As per financials, Midwest Limited has shown good growth, RoNW is 37.5% and P/E is NA, 33.84, 33.11 and 40.79 respectively as per FY24, FY25 and annualised FY26 earnings. So issue looks fully priced when compared with peers. Company is a direct-to-customer digital investment platform that provides wealth creation opportunities to customers through multiple financial products and services, which is highly competitive business segment. So, we give NEUTRAL rating for this IPO. Readers must consult a qualified financial advisor prior to making any actual investment decisions.

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Disclaimer

No financial information whatsoever published herein, should be construed as an offer to buy or sell securities, or as information to make investment decisions, or as an official confirmation of any transaction. All matter published herein is purely for educational and informational purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor prior to making any actual investment decisions.

💬 Community Discussion

4 Comments
  • M
    MR 19 Nov 2025, 10:42
    .
  • R
    rakesh meena 19 Nov 2025, 08:38
    @divya you got allotment?
  • P
    Prasanth 18 Nov 2025, 15:44
    I applied in hni category for 10lacs even one lot also not alloted
  • D
    Divya 14 Nov 2025, 14:14
    can I purchase this ipo or not?

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