Tenneco India, part of the U.S.-headquartered Tenneco Group (a leading global Tier I automotive component supplier with US$16.8 billion revenue in 2024), has been operating in India since 1979 with its first plant at Parwanoo. The company provides advanced clean air, powertrain, and suspension solutions for Indian and global OEMs across passenger, commercial, and industrial vehicle segments. Through its divisions—Clean Air & Powertrain Solutions and Advanced Ride Technologies—it offers catalytic converters, engine components, and suspension systems under the Champion and Monroe brands, catering to both OEM and aftermarket customers, including Motocare India.
Price Band₹378 - ₹397 |
Dates12 Nov - 14 Nov |
GMP₹104 (26.20%) |
Subscriptions58.83 times |
Issue Size₹3,600.00 Crs |
Tenneco Clean Air IPO Objects
The issue is a complete Offer for Sale (OFS). The company will not receive any funds from the issue, entire proceeds will be received by the Selling Shareholder(s).
Tenneco Clean Air IPO Details
Price Band₹378 - ₹397 |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹0.00 (0.00 Shares) |
Offer For Sale₹3,600.00 Cr (9.07 Cr Shares) |
Total Issue₹3,600.00 Cr (9.07 Cr Shares) |
Face Value₹10 per equity share |
Tenneco Clean Air IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
37
14,689
Maximum
13
481
1,90,957
|
|||
| Small HNI |
Minimum
14
518
2,05,646
Maximum
68
2,516
9,98,852
|
|||
| Big HNI |
Minimum
69
2,553
10,13,541
|
|||
Tenneco Clean Air IPO Subscription
Updated as on 14-Nov-2025 19:00:00
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| QIB | 166.42 | 1,90,47,617 | 3,16,98,44,427 |
| NII | 40.74 | 1,42,85,715 | 58,20,17,659 |
| bNII (bids above ₹10L) | 47.01 | 95,23,810 | 44,77,45,658 |
| sNII (bids between ₹2L to ₹10L) | 28.20 | 47,61,905 | 13,42,72,001 |
| Retail | 5.11 | 3,33,33,334 | 17,02,75,665 |
| Total | 58.83 | 6,66,66,666 | 3,92,21,37,751 |
Tenneco Clean Air IPO GMP
The estimated Grey Market Premium of Tenneco Clean Air IPO is ₹104 per share (26.20%)
Category Allocation
| Particulars | Allocation |
|---|---|
| QIBs | Not more than 50% of Net Offer |
| Big HNIs (NII) | Not less than 10% of Net Offer |
| Small HNIs (NII) | Not less than 5% of Net Offer |
| Retail | Not less than 35% of Net Offer |
Tenneco Clean Air IPO Financials
| Particulars | Jun-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| Revenue from Operations | 1,285.62 | 4,890.43 | 5,467.61 | 4,827.37 |
| Profit after Tax | 168.09 | 553.14 | 416.79 | 381.04 |
| Net Worth | 1,250.38 | 1,255.09 | 1,116.59 | 1,378.82 |
| Total Borrowing | - | - | - | 13.97 |
| Total Assets | 2,918.77 | 2,831.58 | 2,136.26 | 2,429.65 |
| NAV per share (in ₹) | 30.98 | 31.10 | 27.67 | 27.42 |
| EPS - Basic (in ₹) | 4.16 | 13.68 | 8.90 | 7.58 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | Values |
|---|---|
| EBITDA | 18.61% |
| PAT | 11.31% |
| ROE | 42.65% |
| ROCE | 56.78% |
| Debt to Equity | -0.17 |
| PE Ratio | 29.02 |
| PB Ratio | 12.77 |
| Mkt Cap (in Crs.) | 16,023.09 |
- All the data pertains to FY 2024-25.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Tenneco Clean Air IPO Peer Comparision
| Particulars | Tenneco | Bosch | Timken India | SKF India | ZF Commercial | Sharda Motor | Gabriel India | Uno Minda | Sona BLW |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from Ops (in Crs.) | 4,890.43 | 18,087.40 | 3,147.81 | 4,919.90 | 3,830.96 | 2,836.57 | 4,063.38 | 16,774.61 | 3,546.02 |
| PAT (In Crs.) | 553.14 | 2,013.00 | 447.39 | 565.91 | 460.73 | 314.92 | 244.98 | 1,020.57 | 599.69 |
| EPS | 13.68 | 683.25 | 59.48 | 114.50 | 242.90 | 109.71 | 17.05 | 16.37 | 9.92 |
| NAV | 31.10 | 4,682.16 | 378.21 | 525.50 | 1,694.75 | 184.97 | 82.38 | 95.99 | 88.38 |
| RONW | 46.65% | 15.58% | 17.00% | 21.43% | 15.35% | 30.46% | 22.42% | 18.36% | 14.76% |
| EBITDA | 16.76% | 12.77% | 20.39% | 17.21% | 19.29% | 13.97% | 9.64% | 11.17% | 27.50% |
| PAT | 11.31% | 11.13% | 14.21% | 11.50% | 12.03% | 11.10% | 6.03% | 6.08% | 16.91% |
| PE Ratio | 29.02 | 57.39 | 49.22 | 19.21 | 53.67 | 9.67 | 75.92 | 75.11 | 88.38 |
- All information pertains to FY 2024-25.
- PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of October 20, 2025 for Peers
Tenneco Clean Air IPO Peer Comparision
| Particulars | Tenneco |
|---|---|
| Revenue from Ops (in Crs.) | 4,890.43 |
| PAT (In Crs.) | 553.14 |
| EPS | 13.68 |
| NAV | 31.10 |
| RONW | 46.65% |
| EBITDA | 16.76% |
| PAT | 11.31% |
| PE Ratio | 29.02 |
| Bosch | Timken India | SKF India | ZF Commercial | Sharda Motor | Gabriel India | Uno Minda | Sona BLW |
|---|---|---|---|---|---|---|---|
| 18,087.40 | 3,147.81 | 4,919.90 | 3,830.96 | 2,836.57 | 4,063.38 | 16,774.61 | 3,546.02 |
| 2,013.00 | 447.39 | 565.91 | 460.73 | 314.92 | 244.98 | 1,020.57 | 599.69 |
| 683.25 | 59.48 | 114.50 | 242.90 | 109.71 | 17.05 | 16.37 | 9.92 |
| 4,682.16 | 378.21 | 525.50 | 1,694.75 | 184.97 | 82.38 | 95.99 | 88.38 |
| 15.58% | 17.00% | 21.43% | 15.35% | 30.46% | 22.42% | 18.36% | 14.76% |
| 12.77% | 20.39% | 17.21% | 19.29% | 13.97% | 9.64% | 11.17% | 27.50% |
| 11.13% | 14.21% | 11.50% | 12.03% | 11.10% | 6.03% | 6.08% | 16.91% |
| 57.39 | 49.22 | 19.21 | 53.67 | 9.67 | 75.92 | 75.11 | 88.38 |
- All information pertains to FY 2024-25.
- PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of October 20, 2025 for Peers
Promoter Details
| Name | Shareholding |
|---|---|
| Tenneco Mauritius Holdings Limited | 82.69% |
| Tenneco (Mauritius) Limited | 6.62% |
| Federal-Mogul Investments B.V | 2.63% |
| Federal-Mogul Pty Ltd | 3.59% |
| Tenneco LLC | 1.73% |
| Total | 97.26% |
Management Details
| Name | Designation |
|---|---|
| Niranjan Kumar Gupta | Chairman |
| Arvind Chandrasekharan | CEO |
| Mahender Chhabra | CFO |
Company Details
Name: Tenneco Clean Air India Limited
Address: RNS2, Nissan Supplier Park SIPCOT Industrial Park
Oragadam Industrial Corridor Sriperumbudur Taluk,
Kancheepuram District - 602 105,
Tamil Nadu, India
Number: +91 124 4784 530
Email: TennecoIndiaInvestors@tenneco.com
Website: www.tennecoindia.com
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Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Tenneco Clean Air IPO is a Mainboard IPO having an issue size of Rs. ₹3,600.00 Crs. Tenneco Clean Air IPO is priced at ₹378 - ₹397 per share. The issue opens on 12 Nov 25 and closes on 14 Nov 25.
Tenneco Clean Air IPO opens on 12 Nov 25 and closes on 14 Nov 25.
The estimated Grey Market Premium of Tenneco Clean Air IPO is ₹104 per share (26.20%).
The minimum lot size of Tenneco Clean Air IPO is 37 shares & the minimum application amount is Rs. 14689.
The allotment date of Tenneco Clean Air IPO is 17 Nov 25.
The listing date of Tenneco Clean Air IPO is 19 Nov 25.
Tenneco Clean Air IPO is subscribed 58.83 times.
Tenneco Clean Air IPO is priced at ₹378 - ₹397 per share.
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