Tenneco Clean Air India Limited Launches IPO At Rs 378 To Rs 397 Equity Share

Tenneco Clean Air India Limited is set to open its Initial Public Offering (IPO) on November 12, 2025, marking a significant milestone for the company and the Indian automotive industry. The IPO comes with a price band fixed between Rs 378 and Rs 397 per equity share, offering investors an opportunity to participate in a fast-growing segment focused on clean air solutions and automotive emission control. This move signals the company’s intent to strengthen its market presence and fund its expansion plans.

The offering includes an aggregate size of up to Rs 3,600 crore through an offer for sale by the promoter selling shareholder, Tenneco Mauritius Holdings Limited. The shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE). With robust support from leading financial institutions acting as book-running lead managers, the IPO is designed to attract retail investors, institutional buyers, and anchor investors alike.

Overview of Tenneco Clean Air India Limited

Tenneco Clean Air India Limited specializes in manufacturing automotive emission control products that contribute to cleaner and greener air quality. The company is a key supplier to several leading OEMs, leveraging advanced technologies to deliver sustainable and regulatory-compliant solutions.

The company operates across various segments serving passenger vehicles, commercial vehicles, and two-wheelers, positioning itself as a critical player in India’s automotive supply chain. With a focus on innovation and compliance, Tenneco Clean Air India Limited aims to capitalize on the growing demand for emission control technologies, driven by tightening pollution norms and an increasing shift towards sustainable mobility.

Details of the IPO and Investment Opportunity

The IPO opens for bidding from November 12 to November 14, 2025, with an anchor investor bidding date set for November 11. Investors can bid for a minimum of 37 equity shares and in multiples thereof. The offer size amounting to Rs 3,600 crore predominantly consists of shares by the promoter selling shareholder, without fresh issuances, reflecting a strategic exit or stake adjustment.

Strategic Use of IPO Proceeds

While the offer primarily constitutes an offer for sale, the listing is expected to enhance the company’s brand visibility and provide financial flexibility. The proceeds from the IPO will facilitate investments in technology upgrades, capacity expansion, research & development, and working capital requirements. Such strategic deployment of funds aims to establish Tenneco Clean Air India Limited as a leader in emission control technology within India and potentially expand its footprint globally.

Financial Highlights and Market Position

Tenneco Clean Air India Limited has posted consistent financial performance, showcasing strong revenue growth backed by a diversified client base in the automotive sector. The company’s focus on innovation and regulatory compliance has enabled it to maintain a competitive advantage amid changing market dynamics. Its integrated product offering caters to rising demand for emission-compliant solutions, accelerated by government initiatives on pollution control.

CarBike360 Says

The company enjoys robust relationships with major automotive manufacturers and benefits from its affiliation with Tenneco, a global player in automotive components. This strategic positioning supports sustainable long-term growth potential, driven by evolving environmental regulations and the automotive industry’s transition towards greener technologies.