Tenneco Clean Air IPO Details
| IPO Open Date | November 12, 2025 |
| IPO Close Date | November 14, 2025 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹378 to ₹397 Per Share |
| Issue Size | Approx ₹3,600 Crores |
| Offer for Sale: | Approx 9,06,80,101 Equity Shares |
| Issue Type | Book Built Issue |
| IPO Listing | BSE, NSE |
| DRHP Draft Prospectus |  |
| RHP Draft Prospectus | |
Tenneco Clean Air IPO Review & Key Points
- Review: May Apply
- Capital Market Rating: 47
- Rating: 4
Tenneco Clean Air IPO Market Lot
The Tenneco Clean Air IPO minimum market lot is 37 shares with ₹14,689 application amount. The retail investors can apply up-to 13 lots with 481 shares of ₹1,90,957 amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 37 | ₹14,689 |
| Retail Maximum | 13 | 481 | ₹1,90,957 |
| S-HNI Minimum | 14 | 518 | ₹2,05,646 |
| S-HNI Maximum | 68 | 2,516 | ₹9,98,852 |
| B-HNI Minimum | 69 | 2,553 | ₹10,13,541 |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | 2,72,04,030 Shares | 30% |
| QIB (Ex. Anchor) | 1,81,36,020 Shares | 20% |
| NII Shares Offered | 1,36,02,015 Shares | 15% |
| Retail Shares Offered | 3,17,38,035 Shares | 35% |
Tenneco Clean Air IPO Anchor Investors
| Anchor Bidding Date | November 11, 2025 |
| Anchor Investors List | |
| Shares Offered | 2,72,04,030 Shares |
| Anchor Size | ₹1,080.00 Cr. |
| lock-in period end date 50% shares (30 Days) | December 17, 2025 |
| lock-in period end date 50% shares (90 Days) | February 15, 2026 |
Tenneco Clean Air IPO Dates
The Tenneco Clean Air IPO date is November 12 and the close date is November 14. The Tenneco Clean Air IPO allotment will be finalized on November 17 and the IPO listing on November 19.
| IPO Open Date: | November 12, 2025 |
| IPO Close Date: | November 14, 2025 |
| Basis of Allotment: | November 17, 2025 |
| Refunds: | November 18, 2025 |
| Credit to Demat Account: | November 18, 2025 |
| IPO Listing Date: | November 19, 2025 |
| IPO Bidding Cut-off Time: | November 14, 2025 – 5 PM |
Promoters and Holding Pattern
The promoters of the company are Tenneco Mauritius Holdings Limited, Tenneco (Mauritius) Limited, Federal-Mogul Investments B.V., Federal-Mogul Pty Ltd and Tenneco LLC.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 40,36,04,309 | 100.00% |
| Promoter Holding Post Issue | 40,36,04,309 | -% |
Objects of the Issue & Utilisation of proceeds
- NA
About Tenneco Clean Air IPO
Tenneco Clean Air was founded in 2018 and started working on designing and manufacturing clean air and powertrain products for automotive applications.
Moreover, as of March 31, 2025, this firm is operating 12 manufacturing facilities, wherein 7 clean Air& Powertrain Solution facilities and 5 Advanced Ride Technologies facilities across seven states and one union territory in India.
They have a local supply chain that follows Tenneco Group’s global purchasing standards. In the financial years 2025, 2024, and 2023, about 91–92% of raw material costs (excluding substrates) came from domestic sources.
Tenneco Clean Air IPO Company Financial Report
Amount ₹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹4,886.96 | ₹4379.21 | ₹381.04 | ₹2,429.65 |
| 2024 | ₹5,537.39 | ₹4984.28 | ₹416.79 | ₹2,136.26 |
| 2025 | ₹4,931.45 | ₹4198.63 | ₹553.14 | ₹2,831.58 |
| June 2025 | ₹1,316.43 | ₹1,089.21 | ₹168.09 | ₹2,918.77 |
Tenneco Clean Air IPO Valuation – FY2025
Check Tenneco Clean Air IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 42.65% |
| ROCE: | 56.78% |
| EBITDA Margin: | 16.67% |
| PAT Margin: | 11.31% |
| Debt to equity ratio: | (0.17) |
| Earning Per Share (EPS): | ₹13.68 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 46.65% |
| Net Asset Value (NAV): | ₹31.10 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Bosch Ltd | 683.25 | 46.21 | 15.56% | 4,683.48 | ₹18,087.40 Cr. |
| Timken India Ltd | 59.48 | 54.61 | 17.00% | 378.21 | ₹3,147.81 Cr. |
| SKF India Ltd | 114.50 | 40.20 | 21.43% | 525.50 | ₹4,919.90 Cr. |
| ZF Commercial Vehicle Control System India Ltd | 242.90 | 53.71 | 15.35% | 1,694.75 | ₹3,830.96 Cr. |
| Sharda Motor Industries Ltd | 109.71 | 16.92 | 30.46% | 369.92 | ₹2,836.57 Cr. |
| Gabriel India Ltd | 17.05 | 34.73 | 22.42% | 82.38 | ₹4,063.38 Cr. |
| Uno Minda Ltd | 16.42 | 64.51 | 17.66% | 99.75 | ₹16,774.61 Cr. |
| Sona BLW Precision Forgings Ltd | 9.92 | 48.12 | 14.76% | 88.38 | ₹3,546.02 Cr. |
IPO Lead Managers aka Merchant Bankers
- JM Financial Ltd.
- Citigroup Global Markets India Pvt. Ltd.
- Axis Bank Ltd.
- HSBC Securities & Capital Markets (India) Pvt.Ltd.
Company Address
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: [email protected]
Website: http://www.tennecoindia.com/
IPO Registrar
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
Tenneco Clean Air IPO FAQs
What is Tenneco Clean Air IPO?
When Tenneco Clean Air IPO will open for subscription?
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What is Tenneco Clean Air IPO Price Band?
What is Tenneco Clean Air IPO Lot Size?
What is the Tenneco Clean Air IPO Allotment Date?
What is the Tenneco Clean Air IPO Listing Date?
Note: The Tenneco Clean Air IPO price band and date are officially announced. The (Tenneco Clean Air IPO grey market premium) will be added to the IPO GMP page as it will start).
5 Responses
how much ratio of retail portion investors?
allotment ratio for retail investors how much?
A company founded in 2018 claims 4000% appreciation for its capital in just 7 years. What percentage of appreciation will it create to the company after the next 7 years?!!!
I am also raising the same question
I do not understand the logic of promoter holding PRE/ POST issue are same, while the offer for sale is Approx 9,06,80,101 Equity Shares..!!