Tenneco Clean Air IPO 2025: Introduction: Why the Tenneco Clean Air IPO Is a Trending Topic
With India’s car industry growing due to new regulations and ongoing demand for vehicles, the Tenneco Clean Air IPO offers a special chance for investors wanting to earn good returns in a specific but important area—controlling vehicle emissions and improving ride quality. Emission standards like BS-VI drive technology adoption, positioning component suppliers like Tenneco Clean Air for growth. This post analyzes every angle, with actionable investment strategies and up-to-date insights that matter to discerning investors.
Tenneco Clean Air IPO 2025: What Is Tenneco Clean Air India?
- Subsidiary of Tenneco Inc., a global leader in clean air and powertrain solutions
- Manufactures catalytic converters, DPFs, mufflers, and ride performance systems (shock absorbers, struts)
- Serves Indian and global automotive OEMs, with 12 plants across India
- Market share: ~57% for trucks and buses, 52% for passenger vehicles in shocks, and 68% for off-highway equipment
Tenneco Clean Air IPO: Details & Timeline
| Parameter | Details |
|---|---|
| Issue Size | ₹3,600 crores (100% Offer for Sale) |
| Price Band | ₹378-₹397 per share |
| Lot Size | 37 shares |
| Minimum Investment | ~₹14,689 |
| Opening Date | 12 November 2025 |
| Closing Date | 14 November 2025 |
| Listing Date (Tentative) | 19 November 2025 |
| Exchanges | NSE & BSE |
Tenneco Clean Air IPO 2025: What makes this IPO low-competition for investors?
- Automotive IPOs face less competition than fintech/tech offerings, yet offer recurring revenue opportunities.
- Tenneco’s sector—emission control—will thrive under stricter BS-VI/Euro 6 regulations.
Tenneco Clean Air IPO 2025: Key Business Fundamentals Including Revenue, Profit, and Debt-Free Status
Tenneco Clean Air’s last three years of financials show resilience:
- FY24 revenue:
₹5,467.61 crore (+13.3% YoY); FY25 down to ₹4,890.43 crore, but Q1 FY26 annualized to ₹5,142.48 crore - EBITDA margin:
16.67% in FY25, up from 11.19% in FY24 - Debt-free since FY23, providing enhanced dividend potential and safety during cycles
- ROCE:
56.78% FY25, above sector averages
Tenneco Clean Air IPO: Valuation and Peer Comparison
| Metric | Tenneco Clean Air | Peers |
|---|---|---|
| P/E (FY25) | 29x | ~40-50x |
| Industry Avg (Auto) | 48x | |
| P/BV | 12.81x | 6-9x |
Despite leadership and financial strength, the 100% OFS model means no growth capital is raised—a point for long-term investors to note.
Tenneco Clean Air IPO: Grey Market Premium (GMP) Insights and Listing Expectations
| Date | GMP | Implied Listing Gain |
|---|---|---|
| Nov 7 | ₹85 | ~21.4% |
| Nov 11 | ₹55 | ~13.8% |
| Nov 12 | ₹61-79 | ~15.4-19.9% |
GMP typically signals near-term sentiment. With solid anchor investor interest (₹1,079 crore raised from top mutual funds), the IPO is still expected to deliver healthy listing gains, albeit with some cooling from initial highs.
Tenneco Clean Air IPO: Expert Broker Reviews: Should You Subscribe?
- ICICI Direct, Reliance Securities, Ventura, and BP Wealth all recommend ‘Subscribe’—strong sector position and healthy financials.
- Swastika Investmart:
Neutral—caution due to OFS structure and recent revenue decline.
Summary: 9 of 10 major brokerages advise subscribing, especially for long-term holders seeking exposure to emission control and premiumization trends in autos.
Tenneco Clean Air IPO: Key Investment Risks: Realistic Assessment
- Customer concentration (80% revenue from top 10 OEM clients)
- EV disruption could decrease demand for emission control, but Tenneco is evolving into EV/hybrid segments.
- The OFS structure and the recent decline in FY25 revenue could limit short-term growth potential.
- Automotive cyclicality, regulatory risks
Tenneco Clean Air IPO: How to Apply: Step-by-Step Guide
UPI Apps (Zerodha, Groww, Upstox, Paytm):
- Log into the broker portal, select the Tenneco Clean Air IPO, fill in the quantity and price, enter your UPI ID, and approve the mandate via your UPI app.
- The application is valid until 5 p.m. on closing day.
ASBA (Net Banking):
- Log into net banking, navigate to the IPO/e-IPO section, choose Tenneco Clean Air IPO, enter details, and submit.
Keywords: how to apply for the Tenneco Clean Air IPO, UPI IPO application guide, ASBA IPO process in India
Actionable Investment Strategies
- Aggressive investors:
Apply the full retail quota for listing gains; consider profit booking on the listing day if it is above 15%. - Long-term wealth creators:
Hold 1-5 lots for 2-5 years, given quality, leadership, and sector tailwinds as BS-VI and EV transitions ramp up. - Risk-averse:
Apply for one lot; watch for post-listing stability.
Tenneco Clean Air IPO: FAQs: Concise Answers for Featured Snippets
What is the Tenneco Clean Air IPO price band?
The price range for the Tenneco Clean Air IPO is between $378 and $397 per share.
How to apply for the Tenneco Clean Air IPO online?
Apply via the broker UPI app or your bank’s net banking ASBA service, entering your Demat and personal details.
What is GMP for the Tenneco Clean Air IPO?
On opening day, GMP is ₹61-₹79, indicating a 15-20% expected listing gain.
When will shares be allotted and listed?
The allotment is expected to occur around November 17, with the listing tentatively scheduled for November 19, 2025.
Is the Tenneco Clean Air IPO beneficial for the long term?
Yes, if you want blue-chip exposure to emission control, ride systems, and industry leadership.
Internal Links for Maximum Engagement
- [Ultimate Guide to IPO Investment in India 2025]
- [How To Use UPI for IPO Applications]
- [Auto Component Stocks to Watch]
- [BS-VI and Emission Norms in India]
- [IPO Listing Gain Strategies Explained]
Authoritative External Source
- SEBI Official IPO Guidelines—Up-to-date investment rules, process details, and investor education.
READ MORE: PhysicsWallah IPO 2025: Complete Investment Guide, Allotment Process & Listing Day Strategy
Conclusion: Should You Invest in the Tenneco Clean Air IPO?
The Tenneco Clean Air IPO stands out for long-term fundamentals, leadership in emission control tech, and attractive (if moderating) listing gain prospects. Backed by robust anchor demand, sector tailwinds, and sound financials, it’s a strategic buy for both savvy IPO traders and long-term portfolio builders. However, be cautious of industry cycles, customer concentration, and the OFS structure. Apply as per your risk profile and investment goals.
For investors keen on India’s automotive revolution—and maximizing listing gains—this IPO is a must-watch.
Last updated: November 12, 2025
Disclaimer: Market investments carry risks. This content is for educational and informational purposes only. Please consult your financial advisor before investing.
