Tenneco Clean Air IPO is set to open on November 12, 2025, and close on November 14, 2025, with shares listed on BSE and NSE by November 19, 2025. The IPO is a pure offer for sale of ₹3,600 crore by promoter Tenneco Mauritius Holdings, with no fresh issue component. Tenneco Clean Air India is a leading manufacturer of clean air, powertrain, and suspension solutions for automotive and industrial sectors. The IPO offers investors exposure to the growing automotive components sector driven by technological advancements and expanding OEM demand.
₹110
₹397
₹505.00
Expert Opinions
Market sentiment for Tenneco Clean Air IPO is positive, reflecting investor confidence in its strong operational track record and leadership in the automotive components sector. The company’s key strengths include a diversified product portfolio, a solid client list featuring major OEMs like Tata Motors and Maruti Suzuki, and multiple manufacturing facilities across India. Risks include reliance on emission regulation policies and raw material cost fluctuations.
Valuation analysis for the Financial Year 2025 highlights Tenneco Clean Air IPO with an impressive Return on Equity (ROE) of 42.65%, ROCE of 56.78%, and a EBITDA Margin of 16.67%, signaling robust profitability and efficient capital usage. From a long-term investment perspective, the IPO offers exposure to a growing automotive components market driven by technological advancements and increasing demand for cleaner vehicle solutions, making it a promising option for patient investors seeking steady growth.
Investor Considerations
Tenneco Clean Air IPO investors can expect a company with strong FY 2025 performance, reporting a Return on Net Worth (RoNW) of 46.65%, PAT margin of 11.31%, and a negative Debt/Equity ratio of -0.17, reflecting a net cash position. The company operates in the automotive components sector, serving major OEMs with clean air, powertrain, and suspension solutions. Sector outlook remains positive, driven by stricter emission norms and increased demand for advanced automotive components.
Growth prospects stem from technology advancement and expansion of product lines. Risks include fluctuating raw material costs and dependency on government emission policies. The IPO suits long-term investors aiming for exposure to a leading, profitable company in a growing sector, while short-term investors should be mindful of market volatility and sector cyclicality. The company showed a net asset value (NAV) of ₹31.10 per share, underscoring solid capitalization in FY 2025 and reinforcing the valuation potential of the Tenneco Clean Air IPO.
| Date | GMP | Trend |
|---|---|---|
| 18 Nov 2025 19.13 | ₹110 | Down |
| 15 Nov 2025 18.55 | ₹120 | Up |
| 14 Nov 2025 19.15 | ₹100 | Up |
| 13 Nov 2025 16.59 | ₹77 | Down |
| 12 Nov 2025 19.45 | ₹85 | Up |
| 10 Nov 2025 20.17 | ₹70 | Up |
| 09 Nov 2025 12.02 | ₹65 | --- |
| 08 Nov 2025 19.37 | ₹65 | Down |
| 07 Nov 2025 19.22 | ₹90 | --- |
FAQs
The Grey Market Premium showed good accuracy in predicting Tenneco Clean Air India IPO’s listing performance. With a final GMP of ₹110, it projected a premium of about 27.7% over the issue price of ₹397, while the stock listed at ₹505 in the pre-open market, delivering a gain of around 27.2%. This resulted in a very small prediction error of roughly 0.5%, meaning the GMP correctly signaled a positive listing and closely aligned with the actual gain, reflecting strong reliability in this case.
Tenneco Clean Air IPO Current GMP is ₹110.
Tenneco Clean Air IPO Expected Returns is 27.71%.
Tenneco Clean Air IPO estimated listing price is ₹507.