IPO Trending
TENNINDEQ / NSE, BSEListed
Tenneco Clean Air India

Founded in 2018, Tenneco Clean Air India Limited is a subsidiary of Tenneco Inc., a global company known for its clean air and powertrain products used in automobiles. The company operates under the Clean Air division, focusing on emission control systems for both light and commercial vehicles. In India, it provides advanced exhaust and after-treatment solutions such as catalytic converters, diesel particulate filters, mufflers, and exhaust pipes to help manufacturers comply with Bharat Stage VI emission standards. Tenneco Clean Air has 12 manufacturing facilities across seven states and one union territory, supporting OEMs and Tier 1 customers. Its operations include two main divisions: Clean Air & Powertrain Solutions, and Advanced Ride Technologies, which produces shock absorbers, struts, and suspension systems. As of March 31, 2025, the company had 145 employees working in design, engineering, and R&D, with a strong focus on sustainability and innovation.

₹378 - ₹39761.79x sub
Listed Price₹505.00
Listing Gain+27.20%

IPO Schedule & Timeline

Bookbuilding IPO
Open12 Nov 2025
Close14 Nov 2025
Allotment17 Nov 2025
Listing19 Nov 2025

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Anchor2,72,04,030 shares
30%
QIB1,81,36,020 shares
20%
HNI1,36,02,015 shares
15%
Retail3,17,38,035 shares
35%

Minimum Application Lots

Retail1 Lot (37 shares)
₹14,689
sHNI14 Lots (518 shares)
₹2,05,646
bHNI69 Lots (2,553 shares)
₹10,13,541

Company Promoters

Tenneco Mauritius Holdings LimitedTenneco (Mauritius) LimitedFederal-Mogul Investments B.V.Federal-Mogul Pty LtdTenneco LLC

Company Background

Founded in 2018, Tenneco Clean Air India Limited is a subsidiary of Tenneco Inc., a global company known for its clean air and powertrain products used in automobiles. The company operates under the Clean Air division, focusing on emission control systems for both light and commercial vehicles. In India, it provides advanced exhaust and after-treatment solut...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Jun-25)₹1316.43 Cr
Growth-73.1%
Revenue Trend (₹ in Crores)
0.02.1k4.2k6.4kMar-23Mar-24Mar-25Jun-25
PeriodRev (Cr)PAT (Cr)AssetsDebt
Jun-251,316.43168.092,918.770
Mar-254,931.45553.142,831.580
Mar-24 5,537.39416.792,136.260
Mar-234,886.96381.042,429.650.86

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Jun-254.1610.44%16.29%023.83
Mar-2513.6842.65%56.78%28.970
Mar-248.938.05%45.40%00

Peer Comparison & Valuation

Financial Performance

Tenneco Clean Air India Ltd

NAV/Share (₹)31.1
RONW(%)46.65
EPS (Basic) (₹)13.68

Bosch Ltd

NAV/Share (₹)4683.48
RONW(%)15.56
EPS (Basic) (₹)683.25

Timken India Ltd

NAV/Share (₹)378.21
RONW(%)17
EPS (Basic) (₹)59.48

SKF India Ltd

NAV/Share (₹)525.5
RONW(%)21.43
EPS (Basic) (₹)114.5

ZF Commercial Vehicle Control System India Ltd

NAV/Share (₹)1694.75
RONW(%)15.35
EPS (Basic) (₹)242.9

Sharda Motor Industries Ltd

NAV/Share (₹)369.92
RONW(%)30.46
EPS (Basic) (₹)109.71

Gabriel India Ltd

NAV/Share (₹)82.38
RONW(%)22.42
EPS (Basic) (₹)17.05

Uno Minda Ltd

NAV/Share (₹)99.75
RONW(%)17.66
EPS (Basic) (₹)16.42

Sona BLW Precision Forgings Ltd

NAV/Share (₹)88.38
RONW(%)14.76
EPS (Basic) (₹)9.92

Valuation

Tenneco Clean Air India Ltd

P/E(X)0
CMP* (₹)0
Face value (₹)10.00

Bosch Ltd

P/E(X)46.21
CMP* (₹)31575.00
Face value (₹)10.00

Timken India Ltd

P/E(X)54.61
CMP* (₹)3248.00
Face value (₹)10.00

SKF India Ltd

P/E(X)40.2
CMP* (₹)4603.00
Face value (₹)10.00

ZF Commercial Vehicle Control System India Ltd

P/E(X)53.71
CMP* (₹)13047.00
Face value (₹)5.00

Sharda Motor Industries Ltd

P/E(X)16.92
CMP* (₹)1856.40
Face value (₹)2.00

Gabriel India Ltd

P/E(X)34.73
CMP* (₹)592.20
Face value (₹)1.00

Uno Minda Ltd

P/E(X)64.51
CMP* (₹)1056.00
Face value (₹)2.00

Sona BLW Precision Forgings Ltd

P/E(X)48.12
CMP* (₹)477.35
Face value (₹)10.00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Link Intime India Private Limited

Allotment Finalized
Allotment Date
17 Nov 2025
Official Status
Out / Finalized
Registrar
Link Intime India Private Limited
Listing Date
19 Nov 2025

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Limited

Direct allotment verification on the official registrar portal appointed for Tenneco Clean Air India. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization17 Nov 2025Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date19 Nov 2025Trading commences on exchange

How to Check Tenneco Clean Air India Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Tenneco Clean Air India from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Tenneco Clean Air India IPO

Complete issue overview for Tenneco Clean Air India (TENNIND) IPO. The issue features an equity share price band of ₹378 – ₹397 per share with a minimum retail lot size of 37 Shares (minimum application amount of ₹14,689). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions