Tenneco Clean Air India IPO
Tenneco Clean Air India IPO — date, price band, lot size & details 2025
Tenneco Clean Air India listed on 19 Nov 2025 at ₹505, 27.2% above the ₹397 issue price.
**Tenneco Clean Air India** is coming with its IPO to raise funds for business expansion and debt reduction. The company manufactures emission control systems and clean air solutions for automobile companies. It supplies products to major OEMs in India and benefits from stricter emission norms. With strong industry experience and growing auto demand, the IPO may attract investors looking for opportunities in the auto component sector.
Stock price
Tenneco Clean Air India is listed — here is the live share price.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
Key dates from opening to listing. Today is 6 October.
- Open 12 Nov 2025
- Close 14 Nov 2025
- Allotment 17 Nov 2025
- Refund/credit 18 Nov 2025
- Listing 19 Nov 2025
Issue summary
The terms of the offer, as filed.
| IPO Dates | 12 to 14 Nov, 2025 |
|---|---|
| Price Band | ₹378 – ₹397 |
| Face Value | ₹10 |
| Lot Size | 37 Shares |
| Issue Size | ₹3600 Cr |
| Sale Type | OFS only |
| Listing On | BSE & NSE |
| Registrar | MUFG Intime India Private Limited |
| Min Investment | ₹ 14,689 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 37 shares at the ₹397 cut-off. Drag to size your application.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 37 | ₹14,689 |
| Retail (max) | 13 | 481 | ₹1,90,957 |
| S-HNI (min) | 14 | 518 | ₹2,05,646 |
| S-HNI (max) | 68 | 2,516 | ₹9,98,852 |
| B-HNI (min) | 69 | 2,553 | ₹10,13,541 |
Three years of numbers
All figures in ₹ crore, as reported in the Tenneco Clean Air India offer document.
| Metric | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 1,316.43 | 4,931.45 | 5,537.39 |
| OPM % | 16.1 | 10.7 | |
| EBITDA | 228.88 | 815.24 | 612.09 |
| Net Profit | 168.09 | 553.14 | 416.79 |
| Assets | 2,918.77 | 2,831.58 | 2,136.26 |
See how this IPO compares — view listing performance of all mainboard IPOs.
Valuation & key ratios
Ratios are for the latest full financial year reported in the Tenneco Clean Air India RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.
Tenneco Clean Air India IPO Valuation
How the issue prices the company before and after the fresh shares are created.
| Valuation Metric | Post-Issue |
|---|---|
| EPS (₹) | ₹16.66 |
| P/E Ratio (x) | 23.83 |
| Market Cap at Offer Price (₹ Cr) | ₹4,005.51 |
Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹397 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.
Where the money goes
₹96.44 Cr of the issue is earmarked to named objects.
About the company
The company specialises in manufacturing clean air and powertrain solutions, including catalytic converters, exhaust systems and emission control components that help reduce vehicle pollution and improve engine performance. Its business model is primarily B2B, supplying highly engineered products to passenger vehicle, commercial vehicle and industrial OEMs. With increasing focus on stricter emission norms and sustainable mobility, the company aims to grow through long-term client relationships, advanced engineering capabilities and a strong position in the automotive component ecosystem.
Interested in this IPO? Check the live subscription status or browse all upcoming mainboard IPOs.
+91 124 4784 530
The bankers & the filings
Who is running the book, and the documents this page is built from.
Tenneco Clean Air India IPO Documents
Read the filings this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
JM Financial Ltd.
32 issues handledBest listing: Tempsens Instruments (India) (+111.3%). Weakest: Turtlemint Fintech Solutions (-10.4%).
HSBC Securities & Capital Markets (India) Pvt. Ltd.
4 issues handledBest listing: OnEMI Technology Solutions (KISSHT) (+11.1%). Weakest: Canara HSBC Life Insurance Co (0.0%).
Axis Capital
28 issues handledBest listing: Moneyview (+61.8%). Weakest: Clean Max Enviro Energy Solutions (-8.8%).
Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Company contact
Frequently asked
What is the GMP of Tenneco Clean Air India?
The current Grey Market Premium is ₹0.
What is the Tenneco Clean Air India IPO price band?
₹378 to ₹397, on a face value of ₹10.
When is the allotment?
The basis of allotment is 17 November 2025, with listing on 19 November 2025.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — MUFG Intime India Private Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
