The Tenneco Clean Air IPO, valued at Rs 3,600 crore, is a book-built issue comprising a complete offer for sale of 9.07 crore equity shares. The subscription window will be open from November 12 to November 14, 2025, with the share allotment expected on November 17 and the listing proposed on both the BSE and NSE on November 19, 2025.
The IPO is priced in the range of Rs. 378 to Rs. 397 per share, and investors can bid for a minimum of one lot containing 37 shares, requiring an investment of Rs 14,689 at the upper price band. For non-institutional investors, the minimum bid for small NIIs is 14 lots (518 shares), amounting to Rs 2,05,646, while for big NIIs, it is 69 lots (2,553 shares), worth Rs 10,13,541. JM Financial Ltd. serves as the book-running lead manager, and MUFG Intime India Pvt Ltd is the registrar to the issue.
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Tenneco Clean Air India IPO GMP
As of November 10, 2025, at 3:55 PM, the grey market premium for the Tenneco Clean Air IPO was at Rs 71. Factoring in the upper price band of Rs 397, the calculated listing price is about Rs 468, which represents a potential gain of around 17.88% per share. Over the last eight trading sessions, the GMP has gained and seemed to be maintaining its surge ahead of the listing. Investors are advised to keep a close watch on the daily GMP updates to stay informed about market trends and the expected listing price.
Tenneco Clean Air India IPO Open Date, Close Date
Tenneco Clean Air India IPO will open for subscription on November 12, 2025 and close on November 14, 2025. The allotment is expected to be finalized on November 17, 2025, and the shares are proposed to be listed on the BSE and NSE on November 19, 2025.
Tenneco Clean Air India IPO Price Band
The price band for the Tenneco Clean Air IPO is fixed between Rs 378 and Rs 397 per share. Each application requires a minimum lot size of 37 shares, translating to an investment of Rs 14,689 at the upper price limit. For small non-institutional investors (sNIIs), the minimum application size is 14 lots or 518 shares, amounting to Rs 2,05,646, while for big non-institutional investors (bNIIs), it is 69 lots or 2,553 shares, requiring an investment of Rs 10,13,541.
Tenneco Clean Air India IPO Issue Size
Tenneco Clean Air IPO is a book-built issue valued at Rs 3,600 crore, comprising a complete offer for sale of 9.07 crore equity shares, amounting to Rs 3,600 crore.
Tenneco Clean Air India IPO Allotment Status
Tenneco Clean Air IPO allotment is expected on Monday, November 17, 2025. At present, the allotment status has not been released and will be updated once the basis of allotment is confirmed.
Tenneco Clean Air India IPO Listing Date
Tenneco Clean Air India IPO’s tentative listing date is 19 November 2025. The listing will be on BSE and NSE platforms. Retail investors can sell the shares after 10 AM on the listing day.
Tenneco Clean Air India IPO: Listing Date, Lot Size, Price Band
|
Issue Open |
November 12, 2025 to November 14, 2025 |
|
Listing Date |
Yet to be announced |
|
Face Value |
Rs 10 per share |
|
Issue Price Band |
Rs 378 to Rs 397 per share |
|
Lot Size |
37 Shares |
|
Total Issue Size |
9,06,80,101 shares (aggregating up to Rs 3,600.00 Cr) |
|
Issue Type |
Bookbuilding IPO |
|
Listing At |
BSE, NSE |
Tenneco Clean Air India Limited: About the Company

Founded in 2018, Tenneco Clean Air India Limited is a subsidiary of Tenneco Inc., a global leader in clean air and powertrain solutions for the automotive sector. Operating under the Clean Air division, the company specializes in emission control technologies for both passenger and commercial vehicles, offering products such as catalytic converters, diesel particulate filters (DPFs), mufflers, and exhaust systems that help manufacturers comply with stringent standards like Bharat Stage VI. With 12 manufacturing facilities across seven states and one union territory as of March 31, 2025—including seven focused on Clean Air and Powertrain Solutions and five on Advanced Ride Technologies—Tenneco supports OEMs and Tier 1 customers nationwide. Its Advanced Ride Technologies division produces shock absorbers, struts, and suspension systems, while a team of 145 professionals drives design, engineering, and R&D initiatives aimed at innovation, sustainability, and regulatory compliance.
Tenneco Clean Air India IPO Objectives
The company will utilise the net proceeds from the issue to facilitate an Offer for Sale of equity shares with a face value of Rs 10 each by the selling shareholders and to gain the benefits associated with listing its equity shares on the stock exchanges.
Tenneco Clean Air India IPO: Key Dates, Allotment, Listing Date
|
IPO Open Date |
November 12, 2025 |
|
Close Date |
November 14, 2025 |
|
Tentative Allotment |
November 17, 2025 |
|
Initiation of Refunds |
November 18, 2025 |
|
Credit of Shares to Demat |
November 18, 2025 |
|
Tentative Listing Date |
November 19, 2025 |
|
Cut-off time for UPI mandate confirmation |
5 PM on November 14, 2025 |
Tenneco Clean Air India Limited Company Financials (Amt in Rs Cr)
|
Period Ended |
30 Jun 2025 |
31 Mar 2025 |
31 Mar 2024 |
31 Mar 2023 |
|
Assets |
2,918.77 |
2,831.58 |
2,136.26 |
2,429.65 |
|
Total Income |
1,316.43 |
4,931.45 |
5,537.39 |
4,886.96 |
|
Profit After Tax |
168.09 |
553.14 |
416.79 |
381.04 |
|
EBITDA |
228.88 |
815.24 |
612.09 |
570.63 |
|
NET Worth |
1,250.38 |
1,255.09 |
1,116.59 |
1,378.82 |
|
Reserves and Surplus |
1,204.30 |
1,208.76 |
767.26 |
896.05 |
|
Total Borrowing |
- | - | - |
0.86 |
Tenneco Clean Air India IPO Promoter Holdings
The company’s promoters include Tenneco Mauritius Holdings Limited, Tenneco (Mauritius) Limited, Federal-Mogul Investments B.V., Federal-Mogul Pty Ltd and Tenneco LLC .
Tenneco Clean Air India IPO Registrar
Tenneco Clean Air India IPO registrar is MUFG Intime India Pvt.Ltd. On the date of allotment, investors can click on the registrar's website, select the name of the company, and enter their PAN number or application ID to learn their allotment status.
How to apply for Tenneco Clean Air India IPO
Interested investors can apply to the Tenneco Clean Air India IPO directly from the Bigul trading app by clicking here. Investors can also check the details of other upcoming IPO in Bigul.
Tenneco Clean Air India IPO FAQs
1. What are the details of the Tenneco Clean Air India IPO?
Tenneco Clean Air India IPO is a book-built issue worth Rs 3,600 crore, consisting entirely of an offer for sale of 9.07 crore equity shares. The price band is fixed between Rs 378 and Rs 397 per share. The minimum application size is one lot of 37 shares, requiring an investment of Rs 14,689 at the upper price band. The IPO will be listed on both BSE and NSE. JM Financial Ltd. is the book-running lead manager, and MUFG Intime India Pvt. Ltd. is the registrar to the issue.
2. What are the open and close dates of Tenneco Clean Air India IPO?
The IPO will open for subscription on November 12, 2025, and close on November 14, 2025. The basis of allotment is expected to be finalized on November 17, refunds will be initiated on November 18, and shares are scheduled to be credited to demat accounts the same day. The tentative listing date is November 19, 2025.
3. What is the GMP of the Tenneco Clean Air India IPO?
As of November 10, 2025, at 3:55 PM, the grey market premium (GMP) for the Tenneco Clean Air India IPO stood at Rs 71. Based on the upper price band of Rs 397, the estimated listing price is around Rs 468, reflecting an expected gain of approximately 17.88% per share. The GMP trend has been moving upward over recent sessions, indicating positive investor sentiment ahead of listing.
4. How can investors check the IPO allotment status?
Investors can check their allotment status on the registrar’s official website, MUFG Intime India Pvt. Ltd. Once the allotment is finalized, they can select the company name and enter their PAN or application number to view the allotment details.
5. Who are the registrar and lead manager for the IPO?
MUFG Intime India Pvt. Ltd. is the registrar for the Tenneco Clean Air India IPO, while JM Financial Ltd. is the book-running lead manager.
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