Tenneco Clean Air India Ltd. IPO Details – Price, Date, GMP & Analysis
Tenneco Clean Air India Ltd. IPO Overview
Company Overview
Tenneco Clean Air India Limited, incorporated in 2018, is a subsidiary of Tenneco Inc., specializing in emission control technologies for automotive applications. The company focuses on advanced exhaust and after-treatment systems to help manufacturers meet stringent emission norms like Bharat Stage VI. Its product range includes catalytic converters, diesel particulate filters, mufflers, and exhaust pipes. Tenneco Clean Air operates 12 manufacturing facilities across India, emphasizing sustainability, innovation, and compliance with environmental regulations through advanced R&D and engineering capabilities.
IPO Timeline
Opens
Nov 12
Closes
Nov 14
Allotment
Nov 17
Refunds
Nov 18
Shares Credit
Nov 18
Listing
Nov 19
Opens
Nov 12
Closes
Nov 14
Allotment
Nov 17
Refunds
Nov 18
Shares Credit
Nov 18
Listing
Nov 19
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | 174.78x | Oversubscribed |
| NII (Non-Institutional Investors/HNI) | 42.79x | Oversubscribed |
| RII (Retail Individual Investors) | 5.37x | Oversubscribed |
| Total Subscription | 61.79x | Oversubscribed |
Last updated: Nov 14, 2025, 06:21 PM
Financial Information
Financial Data Table
Detailed breakdown of financial metrics across years
| Financial Metric | 2025 | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Assets | ₹2,831.58 Cr | ₹2,831.58 Cr | ₹2,136.26 Cr | ₹2,429.65 Cr |
| EBITDA | ₹815.24 Cr | ₹815.24 Cr | ₹612.09 Cr | ₹570.63 Cr |
| NET Worth | ₹1,255.09 Cr | ₹1,255.09 Cr | ₹1,116.59 Cr | ₹1,378.82 Cr |
| Profit After Tax | ₹553.14 Cr | ₹553.14 Cr | ₹416.79 Cr | ₹381.04 Cr |
| Reserves and Surplus | ₹1,208.76 Cr | ₹1,208.76 Cr | ₹767.26 Cr | ₹896.05 Cr |
| Total Borrowing | ₹0.86 Cr | ₹0.86 Cr | - | - |
| Total Income | ₹4,931.45 Cr | ₹4,931.45 Cr | ₹5,537.39 Cr | ₹4,886.96 Cr |
Strengths & Risks Analysis
Key Strengths
Competitive advantages and positive aspects
- Growth driven by R&D, emission compliance and long-standing client relationship
- Strong position in CV, OH and PV segments
- Leading supplier of critical, highly engineered and technology intensive clean air solutions
- Manufacturing facilities located strategically across India ensuring supply chain efficiencies
- Backed by global clean air tech leader Tenneco group, Diversified OEM Portfolio
- Consistent positive operating cashflows and profit growth over recent years
IPO Details
Tenneco Clean Air IPO Details
| Face Value | ₹10 per share |
| IPO Date | November 12, 2025 to November 14, 2025 |
| Issue Price Band | ₹378 to ₹397 per share |
| Issue Price Final | ₹397 per share |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Listing Date | November 19, 2025 |
| Lot Size | 37 Shares |
| Sale Type | Offer For Sale |
| Share Holding Post Issue | 40,36,04,309 shares |
| Share Holding Pre Issue | 40,36,04,309 shares |
| Total Issue Size | 9,06,80,101 shares (aggregating up to ₹3,600.00 Cr) |
Tenneco Clean Air IPO Reservation
Share Reservation Distribution
Tenneco Clean Air IPO Promoter Holding
| Promoter Holding Post Issue | 74.79% |
| Promoter Holding Pre Issue | 97.25% |
Tenneco Clean Air IPO Listing Details
| BSE Listing Group | B (Rolling) |
| BSE Script Code | 544612 |
| Final Issue Price | ₹397 per share |
| ISIN | INE19RI01016 |
| Listing Date | November 19, 2025 |
| NSE Listing Group | EQ (Rolling) |
| NSE Symbol | TENNIND |
Key Dates
