Tenneco Clean Air IPO
GMP, Subscription, Price, Dates & Financial Details
Engineering - Industrial Equipments
Tenneco Clean Air India Limited – Company OverviewIncorporation Year: 2018 Parent Company: Tenneco Inc., USAOverview: Incorporated in 2018, Tenneco Clean Air India Limited is a subsidiary of Tenneco Inc., a global leader in the design and manufacture of clean air and powertrain products for…
Open Date
Wed, 12 Nov 2025
Close Date
Fri, 14 Nov 2025
Price Band
₹ 378 – 397
Lot Size
37
Issue Size
₹ 3,600.00 Cr
Minimum Investment
₹ 14,689 (37 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Tenneco Clean Air IPO has successfully completed its IPO process and is now listed on the NSE and BSE. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹3,600.00 Crore.
The Tenneco Clean Air IPO remained open for subscription from November 12, 2025, to November 14, 2025. The basis of allotment was finalized on November 17, 2025, and the company's shares were listed on the NSE and BSE on November 19, 2025.
The company had fixed the price band at ₹378 to ₹397 per share, with a lot size of 37 shares. Retail investors were required to make a minimum investment of ₹14,689 (based on the upper price band) to apply for one lot.
MUFG Intime India Private Limited served as the registrar to the issue. Axis Bank Limited, Citigroup Global Markets India Private Limited, JM Financial Limited, and Hsbc Securities & Capital Markets Pvt Ltd acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Tenneco Clean Air India Limited is now a publicly listed company on the NSE and BSE. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Tenneco Clean Air IPO Timeline (Tentative)
- IPO Open Date
- Wed, 12 Nov 25
- IPO Close Date
- Fri, 14 Nov 25
- Basis of Allotment
- Mon, 17 Nov 25
- Initiation of Refunds
- Tue, 18 Nov 25
- Credit of Shares to Demat
- Tue, 18 Nov 25
- Listing Date
- Wed, 19 Nov 25 — NSE & BSE
Open Date
12 November 2025
Close Date
14 November 2025
Basis Of Allotment
17 November 2025
Listing Date
19 November 2025
IPO Subscription
Check Live Subscription →The Tenneco Clean Air IPO has received bids for 3,92,21,37,751 shares against 6,66,66,666 shares offered, resulting in an overall subscription of 58.83x. the NII category is subscribed 40.74x, Retail Investors 5.11x, and QIBs 166.42x. Within the NII category, BNII is subscribed 47.01x, while SNII is subscribed 28.2x.
QIB
166.42x
NII
40.74x
BNII
47.01x
SNII
28.2x
RII
5.11x
Total
58.83x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 3,17,38,035 shares, representing 50% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 1,81,36,020 shares (28.57%), while Non-Institutional Investors (NIIs) receive 1,36,02,015 shares (21.43%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 18,136,020 | 28.57% |
| Non-Institutional | 13,602,015 | 21.43% |
| BNII | 9,068,010 | 14.29% |
| SNII | 4,534,005 | 7.14% |
| Retail Investors | 31,738,035 | 50% |
| Total | 63,476,070 | 100% |
Financials Details(₹ in Crores)
| Particular | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 2918.77 | 2831.58 | 2136.26 | 2429.65 |
| Revenue | 1316.43 | 4931.45 | 5537.39 | 4886.96 |
| Profit After Tax | 168.09 | 553.14 | 416.79 | 381.04 |
| Net Worth | 1250.38 | 1255.09 | 1116.59 | 1378.82 |
| Reserve & Surplus | 1204.3 | 1208.76 | 767.26 | 896.05 |
| Total Borrowings | 0 | 0 | 0 | 0.86 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Tenneco Clean Air India Limited KPI Information
| Particular | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|
| ROE % | 42.65 | 38.05 | 32.88 |
| ROCE % | 56.78 | 45.4 | 33.51 |
| RoNW % | 46.65 | 33.4 | 28.75 |
| Pat Margin % | 11.31 | 7.62 | 7.89 |
Peers Comparison
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Tenneco Clean Air India Ltd | 10 | 0.00 | 13.68 | 13.68 | 46.65 | 31.10 |
| Bosch Ltd | 10 | 57.39 | 683.25 | 683.25 | 15.58 | 4682.16 |
| Timken India Ltd | 10 | 49.22 | 59.48 | 59.48 | 17.00 | 378.21 |
| SKF India Ltd | 10 | 19.21 | 114.50 | 114.50 | 21.43 | 525.50 |
| Gabriel India Ltd | 1 | 75.92 | 17.05 | 17.05 | 22.42 | 82.38 |
About Tenneco Clean Air India Limited
Tenneco Clean Air India Limited – Company Overview
Incorporation Year: 2018
Parent Company: Tenneco Inc., USA
Overview:
Incorporated in 2018, Tenneco Clean Air India Limited is a subsidiary of Tenneco Inc., a global leader in the design and manufacture of clean air and powertrain products for automotive applications. The company operates as part of Tenneco’s Clean Air division, focusing on the development and production of advanced emission control technologies for both light and commercial vehicles.
Operations in India:
In India, Tenneco Clean Air delivers cutting-edge exhaust and after-treatment systems that enable vehicle manufacturers to meet increasingly stringent emission standards, including Bharat Stage VI (BS VI) norms. The company’s product portfolio includes:
- Catalytic converters
- Diesel particulate filters (DPFs)
- Mufflers
- Exhaust pipes
Tenneco Clean Air India strategically operates manufacturing facilities across the country to efficiently support original equipment manufacturers (OEMs) and Tier 1 customers. The company places strong emphasis on sustainability, innovation, and environmental compliance, backed by robust R&D and engineering capabilities.
Manufacturing Footprint (as of March 31, 2025):
As of March 31, 2025, the company operates 12 manufacturing facilities across seven states and one union territory in India, comprising:
- 7 Clean Air & Powertrain Solutions facilities
- 5 Advanced Ride Technology facilities
Divisions and Product Portfolio:
- Clean Air & Powertrain Solutions Division:
- Clean Air Solutions: Emission control and exhaust systems
- Powertrain Solutions: Engine and performance-related components
- Advanced Ride Technologies Division:
- Designs, manufactures, and sells shock absorbers, struts, and advanced suspension systems
Research & Development:
As of March 31, 2025, 145 employees were dedicated to the design, engineering, and research & development (R&D) functions, reflecting the company’s commitment to innovation, technology, and continuous improvement in sustainable mobility solutions.
Tenneco Clean Air IPO Promoters
- Tenneco Mauritius Holdings Limited
- Tenneco (Mauritius) Limited
- Federal-Mogul Investments B.V.
- Federal-Mogul Pty Ltd
- Tenneco LLC
Promoters Holding
Holding Pre Issue
97.25%
Holding Post Issue
74.79%
Tenneco Clean Air IPO Objective
Tenneco Clean Air India Limited Address / Contact Details
Tenneco Clean Air India Ltd.
RNS2,
Nissan Supplier Park SIPCOT Industrial Park,
Oragadam Industrial Corridor Sriperumbudur Taluk,
Kancheepuram, Tamil Nadu, 602105
Phone: +91 124 4784 530
Email: TennecoIndiaInvestors@tenneco.com
Website: http://www.tennecoindia.com/
IPO Snapshot
Tenneco Clean Air IPO Lot Size
The Tenneco Clean Air IPO has a lot size of 37 shares. Retail investors require a minimum investment of ₹14,689 by applying for 1 lot (37 shares). The maximum application allowed for the retail category is 13 lots (481 shares), requiring an investment of ₹1,90,957.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 37 | 14,689.00 |
| Retail (Max) | 13 | 481 | 190,957.00 |
| S-HNI (Min) | 14 | 518 | 205,646.00 |
| S-HNI (Max) | 68 | 2,516 | 998,852.00 |
| B-HNI (Min) | 69 | 2,553 | 1,013,541.00 |
Issue Reservation
- QIB — 28.57%
- NII — 21.43%
- RII — 50%
Book Running Lead Managers
- Axis Bank Limited
- Citigroup Global Markets India Private Limited
- JM Financial Limited
- Hsbc Securities & Capital Markets Pvt Ltd
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Tenneco Clean Air IPO?
Tenneco Clean Air IPO is a Book-building IPO with a total issue size of ₹3600 crore. The Tenneco Clean Air IPO price band is ₹378 to 397 per share. The Tenneco Clean Air IPO subscription opens on Wed, Nov 12, 2025, and closes on Fri, Nov 14, 2025. The Tenneco Clean Air IPO will be listed on the BSE,NSE. MUFG Intime India Private Limited is the registrar for the Tenneco Clean Air IPO.
When will the Tenneco Clean Air IPO open for subscription?
The Tenneco Clean Air IPO opens on Wed, Nov 12, 2025 and closes on Fri, Nov 14, 2025
What is Tenneco Clean Air IPO Price Band?
Tenneco Clean Air IPO Price Band is ₹378 to 397 per share.
What is Tenneco Clean Air IPO Lot Size?
Tenneco Clean Air IPO lot size is 37 shares, Retail investors need a minimum investment of ₹14689 based on the upper price band
What is the minimum investment for Tenneco Clean Air IPO?
The minimum investment for Tenneco Clean Air IPO is ₹14689, based on one lot of 37 shares at the upper price band of ₹397 per share.
How to apply for Tenneco Clean Air IPO?
Investors can apply for the Tenneco Clean Air IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Nov 14, 2025. The application amount remains blocked until the Tenneco Clean Air IPO allotment is finalized.
What is Tenneco Clean Air IPO Issue Size?
Tenneco Clean Air IPO issue size is ₹3600 crores.
What is the Tenneco Clean Air IPO Allotment Date?
Tenneco Clean Air IPO allotment date is Mon, Nov 17, 2025.
Who is the Tenneco Clean Air IPO Registrar?
The registrar for Tenneco Clean Air IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Tenneco Clean Air IPO allotment status, refund processing, and other IPO-related information.
What is the Tenneco Clean Air IPO GMP?
The Tenneco Clean Air IPO GMP (Grey Market Premium) is ₹104 as of Wed, Nov 19, 2025. Based on the upper price band of ₹397 per share, the estimated Tenneco Clean Air IPO listing price is ₹501, indicating a potential listing gain of approximately 26.20% over the issue price.
Who is the Tenneco Clean Air IPO Lead Manager?
The book-running lead managers (BRLMs) for the Tenneco Clean Air IPO are Axis Bank Limited, Citigroup Global Markets India Private Limited, JM Financial Limited, and Hsbc Securities & Capital Markets Pvt Ltd. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Tenneco Clean Air IPO Red Herring Prospectus (RHP).