Tenneco Clean Air IPO: Key Details, Financials, Strengths, and Investment Outlook
Introduction
The Indian IPO market continues to see strong momentum, and the upcoming Tenneco Clean Air India Ltd IPO has generated significant interest among investors. As a major player in the automotive components sector, Tenneco Clean Air’s offering provides exposure to the rapidly evolving clean air and emissions technology segment.
This article covers all the important details — including issue size, price band, company overview, strengths, risks, financials, and more — to help investors make an informed decision.
ЁЯСЙ Open Demat Account with Upstox to apply for the Tenneco Clean Air IPO quickly and securely.
Tenneco Clean Air IPO Details
| Particulars | Details |
|---|---|
| IPO Name | Tenneco Clean Air India Ltd IPO |
| Bidding Dates | 12 Nov 2025 – 14 Nov 2025 |
| Lot Size | 37 Shares |
| Price Band | ₹378 – ₹397 per share |
| Minimum Investment | ₹13,986 (for 37 shares) |
| Issue Size | ₹3,600 crore |
| Tentative Allotment Date | 17 Nov 2025 |
| Tentative Listing Date | 19 Nov 2025 |
| IPO Registrar | M/s KFin Technologies Pvt. Ltd |
| Exchange Listing | BSE & NSE |
About Tenneco Clean Air India Ltd
Founded in 2018, Tenneco Clean Air India Ltd is part of the US-headquartered Tenneco Group, a global Tier 1 supplier of automotive components and clean air solutions. The company designs, manufactures, and supplies clean air, powertrain, and suspension systems for both Indian and global OEMs (Original Equipment Manufacturers).
Tenneco Clean Air is a market leader in emission control and exhaust system solutions, serving passenger vehicles, commercial vehicles, and off-highway equipment manufacturers.
Business Model and Market Presence
The company provides clean air, powertrain, and suspension components primarily to OEMs across India and abroad. According to a CRISIL report, Tenneco Clean Air India holds:
-
56.2% market share in exhaust systems for passenger vehicles (excluding tractors)
-
68.8% share in high-way OEMs segment
-
19.5% share in the truck OEM segment
Tenneco’s products are used by nearly all top 15 passenger car OEMs and top five commercial truck OEMs in India.
The company operates 12 manufacturing facilities across seven states and one union territory, with a strong presence in Maharashtra, Tamil Nadu, Delhi-NCR, and Gujarat.
Strengths of Tenneco Clean Air
Risks & Challenges
Financial Performance
| Financial Year | Revenue (₹ Cr) | PAT (₹ Cr) |
|---|---|---|
| FY23 | 4,827 | 381.04 |
| FY24 | 5,468 | 418.79 |
| FY25 | 4,886 | 553.14 |
Tenneco Clean Air India has maintained steady revenue growth and a healthy profit margin, driven by strong OEM relationships, operational efficiency, and capacity utilization.
IPO Application Details
| Investor Type | Price Band | Investment Range |
|---|---|---|
| Regular (Retail) | ₹378 – ₹397 | Up to ₹2 lakh |
| High Networth Individual (HNI) | ₹378 – ₹397 | ₹2 – ₹5 lakh |
Tenneco Clean Air IPO FAQs
Should You Invest in the Tenneco Clean Air IPO?
Tenneco Clean Air’s IPO presents a strong business case for investors seeking exposure to the automotive components and emission control sector. The company’s global backing, diversified product base, solid financials, and technological edge make it an attractive long-term investment.
However, investors should remain cautious about cyclical auto demand and raw material price risks.
Verdict: ⭐ A fundamentally strong IPO for medium to long-term investors with moderate risk appetite.
Conclusion
With India’s automotive industry rapidly evolving towards cleaner and more efficient solutions, Tenneco Clean Air India Ltd is well-positioned to benefit from the transition. Its robust R&D base, global technology, and domestic leadership provide strong growth potential.
ЁЯТб Apply for the Tenneco Clean Air IPO via Upstox Demat Account and invest in India’s next automotive growth story.
Comments
Post a Comment