How to Apply for the Tenneco Clean Air India IPO: Step-by-Step Investment Guide

     

    Tenneco Clean Air India Limited, a subsidiary of Tenneco Inc., operates in the clean mobility space, specialising in emission control and powertrain technologies for both passenger and commercial vehicles. The company designs and manufactures exhaust and after-treatment systems such as catalytic converters, diesel particulate filters, mufflers, and exhaust pipes. With a strong emphasis on sustainability, it supports automotive manufacturers in meeting evolving environmental standards like Bharat Stage VI. Its extensive manufacturing footprint across India allows it to serve major OEMs efficiently, while its focus on innovation and engineering excellence strengthens its position in the country’s automotive component industry. Over the years, Tenneco Clean Air India has aligned its growth strategy with the transition toward cleaner and more efficient vehicle systems, maintaining a stable presence in a regulatory-driven market.

    Investors interested in subscribing to the Tenneco Clean Air India IPO can do so through multiple digital and banking channels. Applications can be made via a demat account by logging into a registered broker’s trading platform or mobile app, selecting the IPO, entering the preferred lot size and bid price, and confirming the order. Alternatively, investors can apply using UPI or the ASBA (Application Supported by Blocked Amount) facility available through most banks’ net banking portals. Once the application is submitted and payment is authorised, the funds are blocked until allotment. After successful allotment, shares are credited directly to the investor’s demat account, completing the investment process.

    For more details, visit the Tenneco Clean Air India IPO page.

    Tenneco Clean Air India IPO Details and Objectives

    Details

    Information

    IPO Date

    November 12, 2025 to November 14, 2025

    Issue Size

    9,06,80,101 shares

    (aggregating up to ₹3,600.00 Cr)

    Price Band

    ₹378 to ₹397 per share

    Lot Size

    37 shares

    Listing At

    BSE NSE

    Purpose of the IPO

    • The IPO is an offer for sale (OFS), and therefore, the company itself will not receive any funds from the issue.

    • The entire proceeds from the offer will be received by the Promoter Selling Shareholder, after deducting offer-related expenses and applicable taxes.

    • The funds raised will help the promoter realise part of their investment in the company, providing an opportunity for partial disinvestment.

    • The offer-related expenses, including listing fees, commissions, legal and registrar fees, banking charges, and marketing costs, will be borne by the Promoter Selling Shareholder.

    Timeline of Tenneco Clean Air India IPO

    Event

    Date

    IPO Open Date

    Wed, Nov 12, 2025

    IPO Close Date

    Fri, Nov 14, 2025

    Tentative Allotment

    Mon, Nov 17, 2025

    Initiation of Refunds

    Tue, Nov 18, 2025

    Credit of Shares to Demat

    Tue, Nov 18, 2025

    Tentative Listing Date

    Wed, Nov 19, 2025

    Cut-off time for UPI mandate confirmation

    5 PM on Fri, Nov 14, 2025

    Pricing & Lot Size of Tenneco Clean Air India IPO

    Price Band for the IPO

    •  ₹378 to ₹397 per share

    Minimum Lot Size and Application Details

    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

    Tenneco Clean Air India IPO Application Process

    The Tenneco Clean Air India IPO application process can be completed online through your trading platform. Below is a step-by-step guide to applying for the IPO:

    Step 1: Login to Your Trading Platform

    Access your trading account using the broker's app or website.

    Step 2: Navigate to the IPO Section

    Go to the IPO section to view active IPO listings.

    Step 3: Select the Open IPO and Click Apply

    Locate Tenneco Clean Air India IPO in the list of available IPOs and click the ‘Apply’ button.

    Step 4: Enter the Quantity of Shares You Wish to Apply For

    Specify the number of shares (minimum lot size: 1200 shares) within the price band of ₹378 to ₹397 per share.

    Step 5: Provide Your UPI ID

    Enter your UPI ID for payment authorization and ensure sufficient funds in your bank account.

    Step 6: Confirm the Application

    Review your application details and confirm the UPI mandate before 5 PM on the last application day.

    Step 7: Complete the Process and Wait for Allotment

    Submit the application and monitor the allotment status to check if shares have been allocated to you.

    Financial Health and Performance

    Key Financial Metrics

    • Total Assets: Grew from ₹2,429.65 crore in FY23 to ₹2,918.77 crore as of June 2025.

    • Total income: Reached ₹1,316.43 crore in FY25.

    • Profit After Tax (PAT): Stood at ₹168.09 crore for June 2025.

    • Net Worth: Recorded at ₹1,250.38 crore in FY25.

    • Reserves and Surplus: Recorded at ₹1,204.30 crore (June 2025), growing steadily over the years.

    • EBITDA: Stood at ₹228.88 crore in June 2025.

    Recent Performance and Growth Prospects

    • The company has shown consistent growth in its asset base, reflecting its expanding operations and strengthened financial position.

    • Its total income has increased steadily, supported by stable demand from automotive OEMs and a diversified product portfolio.

    • Profitability has improved over the years, highlighting operational efficiency and effective cost management practices.

    • A strong net worth indicates the company’s sound financial health and ability to sustain long-term growth.

    • Continuous growth in reserves and surplus demonstrates a prudent approach to reinvestment and value creation.

    • Stable earnings before interest, tax, depreciation, and amortisation (EBITDA) underscore the company’s solid operating performance and capacity to generate healthy cash flows.

    • With ongoing investments in technology, localisation, and capacity enhancement, the company is positioned for steady expansion in the evolving clean-air and powertrain segment.

    Investment Risks and Opportunities

    Potential Risks of Investing in the IPO

    • Since the IPO is an Offer for Sale (OFS), the company itself will not receive any proceeds, meaning no direct capital will flow into business operations or expansion activities.

    • The company’s performance is closely tied to the automotive sector, making it sensitive to factors such as regulatory changes, fuel transitions, and fluctuations in vehicle production and sales.

    Opportunities and Growth Potential

    • The company’s expertise in emission control and powertrain systems positions it favourably amid India’s increasing emphasis on cleaner and more sustainable mobility solutions.

    • With its established manufacturing base, technological capabilities, and partnerships with major OEMs, the company is well-placed to benefit from the ongoing evolution of the automotive industry and rising demand for low-emission vehicles.

    Key Performance Indicator (KPI)

    KPI

    Values

    ROE

    42.65%

    ROCE

    56.78%

    RoNW

    46.65%

    PAT Margin

    11.31%

    EBITDA Margin

    16.67%

    Price to Book Value

    12.77

    Market Capitalization

    ₹16,023.09 Cr.

    Tenneco Clean Air India IPO Registrar & Lead Managers

    Registrar

    Lead Manager(s)

    MUFG Intime India Pvt.Ltd. 

    JM Financial Ltd.

    Company Address of Tenneco Clean Air India Ltd

    Tenneco Clean Air India Ltd.

    RNS2,

    Nissan Supplier Park SIPCOT Industrial Park,

    Oragadam Industrial Corridor Sriperumbudur Taluk,

    Kancheepuram, Tamil Nadu, 602105

    Phone: +91 124 4784 530

    Email: TennecoIndiaInvestors@tenneco.com

    Website: http://www.tennecoindia.com/

    Conclusion

    The Tenneco Clean Air India IPO represents a key development for the company as it seeks to broaden its presence in the Indian capital market. Operating under Tenneco Inc., the company focuses on emission control and powertrain systems, offering solutions that align with evolving environmental and regulatory standards. Its operations are supported by multiple manufacturing facilities across India, enabling it to cater to major automotive OEMs while maintaining efficiency and technological focus.

    The offer, structured as an Offer for Sale (OFS), provides the promoter an opportunity for partial disinvestment. Investors can apply for the IPO through digital trading platforms or bank-supported ASBA facilities. The company’s consistent financial performance, established market presence, and continued engagement with clean mobility solutions form the foundation of its ongoing business activities in India’s evolving automotive sector.

    Interested in more opportunities? Check out our Upcoming IPO section for new listings and don’t forget to check your Tenneco Clean Air India IPO allotment status.

    Frequently Asked Questions

    Published Date : 12 Nov 2025

    Disclaimer :

    Investments in securities market are subject to market risk, read all related documents carefully before investing. This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.


    The information on this website is provided on "AS IS" basis. Bajaj Broking (BFSL) does not warrant the accuracy of the information given herein, either expressly or impliedly, for any particular purpose and expressly disclaims any warranties of merchantability or suitability for any particular purpose. While BFSL strives to ensure accuracy, it does not guarantee the completeness, reliability, or timeliness of the information. Users are advised to independently verify details and stay updated with any changes. The securities are quoted as an example and not as a recommendation. Past performance is not necessarily a guide to future performance.

    The information provided on this website is for general informational purposes only and is subject to change without prior notice. BFSL shall not be responsible for any consequences arising from reliance on the information provided herein and shall not be held responsible for all or any actions that may subsequently result in any loss, damage and/or liability. Interest rates, fees, and charges etc., are revised from time to time, for the latest details please refer to our Pricing page.

    Neither the information, nor any opinion contained in this website constitutes a solicitation or offer by BFSL or its affiliates to buy or sell any securities, futures, options or other financial instruments or provide any investment advice or service.

    BFSL is acting as distributor for non-broking products/ services such as IPO, Mutual Fund, Insurance, PMS, and NPS. These are not Exchange Traded Products. For more details on risk factors, terms and conditions please read the sales brochure carefully before investing.



    Content Partner - Dalal Street Investment Journal Wealth Advisory Private Limited



    This article is for educational purposes only and should not be considered investment advice. Market investments are subject to risks. DSIJ Wealth Advisory Private Limited is a SEBI-registered Research Analyst (Reg. No: INH000006396) and Investment Adviser (Reg. No: INA000001142). Please consult your financial adviser before investing. 

    For more disclaimer, check here : https://www.bajajbroking.in/disclaimer

    Read More Blogs

    Our Secure Trading Platforms

    Level up your stock market experience: Scan the QR to download the Bajaj Broking App for effortless investing and trading

    QR code to download Bajaj Broking App

    1 M+ Users

    icon-with-text

    4.8 App Rating

    icon-with-text

    4 Languages

    icon-with-text

    ₹7,300 Cr+ MTF Book

    icon-with-text
    banner-icon

    Open Your Free Demat Account

    Enjoy low brokerage on delivery trades

    +91

    |

    Open Your Free Demat Account

    Enjoy low brokerage on delivery trades

    +91

    |