The initial public offering (IPO) of Tenneco Clean Air India Limited opens today, November 12, 2025, and will remain open till November 14, 2025.
This IPO is an Offer for Sale (OFS) of 9.07 crore shares, worth around Rs 3,600 crore.
The basis of allotment is expected on November 17, 2025, and the shares are likely to list on BSE and NSE on November 19, 2025, tentatively.
Key Details of Tenneco Clean Air IPO
IPO Type: Book-built issue of Rs 3,600 crore (entirely OFS)
Stakeholders Selling Shares: Tenneco Mauritius Holdings, Tenneco (Mauritius) Ltd, Federal-Mogul Investments B.V., Federal-Mogul Pty Ltd, and Tenneco LLC
Book Running Lead Manager: JM Financial Ltd
Registrar: MUFG Intime India Pvt Ltd
Category-wise Allocation:
Qualified Institutional Buyers (QIB): 50%
Non-Institutional Investors (NII): 35%
Retail Investors: 15%
Price and Investment Details:
Price Band: Rs 378 to Rs 397 per share
Lot Size: 37 shares (Minimum investment of Rs 14,689)
Allotment Date: November 17, 2025 (tentative)
Listing Date: November 19, 2025 (tentative)
About Tenneco Clean Air India Limited
Tenneco Clean Air India Ltd is a subsidiary of Tenneco Inc, specializing in clean air and powertrain products for the automotive sector.
Founded in 2018, the company manufactures:
Catalytic converters
Diesel particulate filters (DPFs)
Mufflers
Exhaust pipes
In the financial year ending March 31, 2025, the company reported:
Revenue: Decreased by 11%
Profit After Tax (PAT): Increased by 33%
This IPO provides an opportunity for investors to buy shares in a company that is part of a global automotive supplier and expanding its footprint in clean air solutions.
