Meesho IPO vs Tenneco Clean Air IPO

Comparison between Meesho IPO and Tenneco Clean Air IPO.

IPO Details

Meesho IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Tenneco Clean Air IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Meesho IPO is up to ₹5,421.20 Cr whereas the issue size of the Tenneco Clean Air IPO is up to ₹3,600.00 Cr. The final issue price of Meesho IPO is ₹111.00 per share and of Tenneco Clean Air IPO is ₹397.00 per share.

 Meesho IPOTenneco Clean Air IPO
Face Value₹1 per share₹10 per share
Issue Price (Lower)₹105.00 per share₹378.00 per share
Issue Price (Upper)₹111.00 per share₹397.00 per share
Issue Price (Final)₹111.00 per share₹397.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size135 shares37 shares
Fresh Issue Size38,28,82,882 shares0 shares
Fresh Issue Size (Amount)up to ₹4,250.00 Crup to ₹0.00 Cr
OFS Issue Size10,55,13,839 shares9,06,80,100 shares
OFS Issue Size (Amount)up to ₹1,171.20 Crup to ₹3,600.00 Cr
Issue Size Total48,83,96,721 shares9,06,80,100 shares
Issue Size Total (Amount)up to ₹5,421.20 Crup to ₹3,600.00 Cr

IPO Timetable

Meesho IPO opens on Dec 03, 2025, while Tenneco Clean Air IPO opens on Nov 12, 2025. The closing date of Meesho IPO and Tenneco Clean Air IPO is Dec 05, 2025, and Nov 14, 2025, respectively.

 Meesho IPOTenneco Clean Air IPO
Anchor Bid DateDec 02, 2025Nov 11, 2025
Issue OpenDec 03, 2025Nov 12, 2025
Issue CloseDec 05, 2025Nov 14, 2025
Basis Of Allotment (Tentative)Dec 08, 2025Nov 17, 2025
Initiation of Refunds (Tentative)Dec 09, 2025Nov 18, 2025
Credit of Share (Tentative)Dec 09, 2025Nov 18, 2025
Listing date (Tentative)Dec 10, 2025Nov 19, 2025
Anchor Lockin End date 1Jan 06, 2026Dec 16, 2025
Anchor Lockin End date 2Mar 07, 2026Feb 14, 2026

Financials & KPIs

Meesho IPO P/E ratio is -11.63, as compared to Tenneco Clean Air IPO P/E ratio of 28.97.

 Meesho IPOTenneco Clean Air IPO
Financials

Company Financials (Restated Consolidated)

Meesho Ltd.'s revenue increased by 26% and profit after tax (PAT) dropped by 1103% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Assets6,640.397,226.094,160.993,853.35
Total Income5,857.699,900.907,859.245,897.69
Profit After Tax-700.72-3,941.71-327.64-1,671.90
EBITDA-551.87-219.59-230.15-1,693.73
NET Worth968.871,561.882,301.642,548.31
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Tenneco Clean Air India Ltd.'s revenue decreased by 11% and profit after tax (PAT) rose by 33% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended30 Jun 202531 Mar 202531 Mar 202431 Mar 2023
Assets2,918.772,831.582,136.262,429.65
Total Income1,316.434,931.455,537.394,886.96
Profit After Tax168.09553.14416.79381.04
EBITDA228.88815.24612.09570.63
NET Worth1,250.381,255.091,116.591,378.82
Reserves and Surplus1,204.301,208.76767.26896.05
Total Borrowing0.86
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)18.5197.25
Promoter Shareholding (Post-Issue)14.674.79
P/E Ratio-11.6328.97
Market Cap₹50095.75 Cr.₹16023.09 Cr.
ROE42.65%
ROCE56.78%
Debt/Equity
EPS₹-9.54₹13.71
RoNW-252.37%46.65%

Shares Offered

In the Meesho IPO Retail Individual Investors (RII) are offered 4,88,39,672 shares while in Tenneco Clean Air IPO retail investors are offered 4,88,39,672 shares. Qualified Institutional Buyers (QIB) are offered 14,65,19,017 shares in Meesho IPO and 1,81,36,020 shares in Tenneco Clean Air IPO.

 Meesho IPOTenneco Clean Air IPO
Anchor Investor Reservation21,97,78,524 shares2,72,04,030 shares
Market Maker Reservation0 shares0 shares
QIB14,65,19,017 shares1,81,36,020 shares
NII7,32,59,508 shares1,36,02,015 shares
RII4,88,39,672 shares3,17,38,035 shares
Employee0 shares0 shares
Others
Total48,83,96,721 shares9,06,80,100 shares

Bids Received (Subscription)

Meesho IPO subscribed 81.76x in total, whereas Tenneco Clean Air IPO subscribed 61.79x.

 Meesho IPOTenneco Clean Air IPO
QIB (times)123.34x174.78x
NII (times)39.85x42.79x
Big NII (times)43.64x49.38x
Small NII (times)32.28x29.61x
RII (times)19.89x5.37x
Employee (times)
Other (times)
Total (times)81.76x61.79x

Compare with others

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Meesho IPO Vs Tenneco Clean Air IPO