Tenneco Clean Air IPO Description – Tenneco India, a part of the U.S.-headquartered Tenneco Group, is a leading Tier I global automotive component supplier. Established in India in 1979 with its first plant at Parwanoo, the company designs and manufactures advanced Clean Air, Powertrain, and Suspension solutions for passenger vehicles (PVs), commercial vehicles (CVs), off-highway vehicles (OHs), and industrial applications.
As of 30 June 2025, Tenneco India operates 12 manufacturing facilities—seven under Clean Air & Powertrain Solutions and five under Advanced Ride Technologies—across seven states and one union territory. It also runs two R&D technical centers that collaborate closely with Tenneco’s 39 global engineering facilities to adapt global technologies for local markets.
Tenneco India holds strong market positions: 57% share in Clean Air Solutions for commercial trucks, 68% for off-highway vehicles, 19% for passenger vehicles, and 52% in shock absorbers and struts for PVs. Its customer base includes top Indian and global OEMs such as Maruti Suzuki, Tata Motors, Mahindra & Mahindra, Hyundai, Ashok Leyland, and Honda. The company is positioned as a major manufacturing and export hub for North America, Europe, APAC, and Africa.
Promoters of Tenneco Clean Air India – Tenneco Mauritius Holdings Limited, Tenneco (Mauritius) Limited, Federal-Mogul Investments B.V., Federal-Mogul Pty Ltd, and Tenneco LLC
Table of Contents
Tenneco Clean Air IPO Details
| Tenneco Clean Air IPO Dates | 12 – 14 November 2025 |
| Tenneco Clean Air Issue Price | INR 378 – 397 per share |
| Fresh issue | Nil |
| Offer For Sale | INR 3,600 crore |
| Total IPO size | INR 3,600 crore |
| Minimum bid (lot size) | 37 shares (INR 14,689) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | BSE, NSE |
Tenneco Clean Air Financial Performance
| FY 2023 | FY 2024 | FY 2025 | Q1 FY 2026 | |
| Revenue | 4,827.37 | 5,467.61 | 4,890.43 | 1,285.62 |
| Expenses | 4,379.21 | 4,984.28 | 4,198.63 | 1,089.21 |
| Net income | 381.04 | 416.79 | 553.14 | 168.09 |
| Margin (%) | 7.89 | 7.62 | 11.31 | 13.07 |
Tenneco Clean Air Offer News
- Tenneco Clean Air RHP
- Tenneco Clean Air DRHP
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Tenneco Clean Air Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 (Pre-Issue) | FY 2025 (Post-Issue) | |
| EPS | 7.58 | 8.90 | 13.68 | 13.68 |
| PE Ratio | – | – | 27.63 – 29.02 | 27.63 – 29.02 |
| FY 2023 | FY 2024 | FY 2025 | |
| RONW (%) | 28.75 | 33.40 | 46.65 |
| NAV | 27.42 | 27.67 | 31.10 |
| ROCE (%) | 33.51 | 45.40 | 56.78 |
| EBITDA (%) | 11.82 | 11.19 | 16.67 |
| Debt/Equity | (0.31) | (0.17) | (0.17) |
Tenneco Clean Air IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Subject to Sauda |
| 18 November 2025 | 123 | 3,500 |
| 17 November 2025 | 123 | 3,500 |
| 15 November 2025 | 110 | 3,100 |
| 14 November 2025 | 75 | 2,100 |
| 13 November 2025 | 85 | 2,500 |
| 12 November 2025 | 58 | 1,600 |
| 11 November 2025 | 58 | 1,600 |
| 10 November 2025 | 65 | 1,800 |
| 8 November 2025 | 85 | 2,400 |
| 7 November 2025 | 85 | – |
| 6 November 2025 | 100 | – |
Tenneco Clean Air IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 1,90,47,617 | 1,42,85,715 | 3,33,33,334 | 6,66,66,666 |
| 14 Nov 2025 | 166.42 | 40.74 | 5.11 | 58.83 |
| 13 Nov 2025 | 2.34 | 7.18 | 1.44 | 2.93 |
| 12 Nov 2025 | 0.01 | 1.11 | 0.36 | 0.42 |
2,72,04,030 shares allotted to anchor investors are not included in these calculations.
Tenneco Clean Air – Comparison With Listed Peer
| Company | PE ratio | EPS | RONW (%) | NAV | Revenue (Cr.) |
| Tenneco Clean Air | 29.02 | 13.68 | 46.65 | 31.10 | 4,890.43 |
| Bosch | 46.21 | 683.25 | 15.56 | 4,683.48 | 18,087.40 |
| Timken India | 54.61 | 59.48 | 17.00 | 378.21 | 3,147.81 |
Tenneco Clean Air IPO Allotment Status
Tenneco Clean Air IPO allotment status is now available on MUFG Intime India’s website. Click on this link to get the allotment status.
Tenneco Clean Air IPO Dates & Listing Performance
| IPO Opening Date | 12 November 2025 |
| IPO Closing Date | 14 November 2025 |
| Finalization of Basis of Allotment | 17 November 2025 |
| Initiation of refunds | 18 November 2025 |
| Transfer of shares to demat accounts | 18 November 2025 |
| Tenneco Clean Air IPO Listing Date | 19 November 2025 |
| Opening Price on NSE | INR 505 per share (up 27.20%) |
| Closing Price on NSE | INR 490.8 per share (up 23.63%) |
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Tenneco Clean Air IPO Lead Manager
JM FINANCIAL LIMITED
7th Floor, Cnergy Appasaheb Marathe Marg
Prabhadevi, Mumbai, 400025
Phone: +91 22 6630 3030
Email: [email protected]
Website: www.jmfl.com
Tenneco Clean Air Offer Registrar
MUFG INTIME INDIA PRIVATE LIMITED
C-101, 247 Park, 1st Floor
LBS Marg, Vikhroli (West) Mumbai 400 083
Phone: +91 81081 14949
Email: [email protected]
Website: www.in.mpms.mufg.com
Tenneco Clean Air Contact Details
TENNECO CLEAN AIR INDIA LIMITED
10th Floor, Tower B, Paras Twin Towers,
Sector-54, Golf Course Road, Gurugram – 122 002
Phone: +91 124 4784 530
Email: [email protected]
Website: www.tennecoindia.com
Tenneco Clean Air IPO FAQs
How many shares in the Tenneco Clean Air IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.
How to apply in the Tenneco Clean Air India Public Offer?
The best way to apply for the Tenneco Clean Air India public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stockbroker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is the Tenneco Clean Air IPO GMP today?
Tenneco Clean Air IPO GMP today is INR 123 per share.
What is the Tenneco Clean Air kostak rate today?
Tenneco Clean Air kostak rate today is INR NA per application.
What is Tenneco Clean Air Subject to Sauda rate today?
Tenneco Clean Air Subject to Sauda rate today is INR 3,500 per application.