Clean Air, Clear Opportunity: Tenneco India Sets IPO Price Band at ₹378–₹397

Tenneco Clean Air India Ltd, a subsidiary of the US-based Tenneco Group, is gearing up for its public debut with an IPO price band set between ₹378 and ₹397 per equity share. The offering is a book-built issue and is expected to raise around ₹3,000 crore, combining fresh issuance and an offer for sale.

The IPO opens for subscription from November 12 to November 14, 2025, with allotment scheduled for November 17. The company will be listed on both BSE and NSE.

Important points for investors:

• Tenneco India operates 12 manufacturing facilities and 2 R&D centers across India
• The company reported ₹553.14 crore profit in 2025, up from ₹416.79 crore in 2024
• Retail investors have a 35% quota, QIBs 50%, and HNIs 15%
• The IPO is seen as a long-term value play, given the company’s role in clean air, powertrain, and suspension solutions for global automotive markets
• With strong fundamentals and a strategic focus on sustainability, Tenneco’s IPO offers a compelling opportunity for investors looking to tap into India’s automotive growth story.
   

Sources: IPO Central, IPO Watch, Value Research Online