Tenneco Clean Air India Ltd makes a strong debut on the bourses with scrip got listed at Rs 498.00 on the Bombay Stock Exchange, a 25.44 per cent premium to its issue price of Rs 397.00. On the National Stock Exchange, the stock was listed at Rs 505.00.

The company, which raised 9.07 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 906.80 lakhs shares.

The company, listed under B Group Securities post its IPO, opened for subscription from Nov 12 to Nov 14.

Following a strong opening, the scrip touched an intraday high of Rs [BSEHighPrice] and a low of Rs [NSEHighPrice], before closing the session [UpDown] by [ChangePer] per cent to its listing price at Rs [ClosingPriceBSE] on the BSE.

The company anticipates using the proceeds of the issue for .

HSBC SECURITIES AND CAPITAL MARKETS (I) PVT LTD,Citigroup Global Markets India Pvt.Ltd.,Axis Capital Ltd.,JM Financial Ltd. as lead managers & MUFG Intime India Pvt. Ltd. is the registrar, to the issue.

Meanwhile, the broader benchmark BSE Sensex closed trade at 84,673.02, down 277.93 points, or 0.32 per cent.